IST:CUSAN Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	63.5	310.72	630.63	268.3	148.86	64.99
Trading Asset Securities	-	1.97	0.68	0.34	0.09	-
Cash & Short-Term Investments	65.47	312.69	631.31	268.64	148.96	64.99
Cash Growth	-81.51%	-50.47%	135.00%	80.35%	129.20%	92.27%
Accounts Receivable	750.39	770.5	1,086	998.2	1,073	262.73
Other Receivables	52.83	53.88	11.04	4.41	8.95	3.9
Receivables	803.22	824.38	1,097	1,003	1,082	266.63
Inventory	737.6	740.91	1,295	1,124	1,009	308.39
Prepaid Expenses	162.6	19.2	33.88	19.81	12.47	1.16
Other Current Assets	67.01	64.48	108.25	88.96	109.76	49.48
Total Current Assets	1,836	1,962	3,166	2,504	2,362	690.65
Property, Plant & Equipment	3,756	3,387	2,210	718.53	564.22	109.8
Other Intangible Assets	125.03	6.21	9.59	11.41	9.72	1.34
Long-Term Deferred Tax Assets	-	-	14.44	31.53	-	-
Long-Term Deferred Charges	-	105.82	63.01	22.08	5.86	-
Other Long-Term Assets	46.2	45.49	104.54	88.18	75.39	20.15
Total Assets	5,763	5,506	5,567	3,376	3,017	821.94
Accounts Payable	595.61	349.28	204.56	219.34	253.21	117.04
Accrued Expenses	78.17	62.1	88.36	54.05	40.85	12.34
Short-Term Debt	722.71	1,425	646.58	417.97	1,079	143.68
Current Portion of Long-Term Debt	316.5	201.76	196.29	153.53	-	-
Current Portion of Leases	-	7.98	30.28	4.13	4.72	1.32
Current Income Taxes Payable	-	-	-	16.99	16.39	8.74
Current Unearned Revenue	856.52	713.55	1,124	1,201	323.12	198.07
Other Current Liabilities	876.04	340.8	156.58	29.85	13.53	4.58
Total Current Liabilities	3,446	3,100	2,446	2,097	1,731	485.78
Long-Term Debt	969.65	1,095	1,242	128.94	-	-
Long-Term Leases	-	9.13	-	3.31	6.8	12.93
Pension & Post-Retirement Benefits	88.4	47	71.68	25.35	30.49	7.87
Long-Term Deferred Tax Liabilities	78.7	21.43	-	-	123.36	14.29
Other Long-Term Liabilities	570.65	570.65	692.14	-	-	-
Total Liabilities	5,153	4,844	4,452	2,254	1,892	520.87
Common Stock	71.25	71.25	71.25	71.25	71.25	71.25
Additional Paid-In Capital	93.7	85.15	85.15	65.05	45.06	6.65
Retained Earnings	-716.34	-614.84	-20.57	172.29	349.11	172.45
Treasury Stock	-6.74	-6.12	-28.41	-26.04	-9.48	-
Comprehensive Income & Other	1,298	1,198	1,145	884.71	599.55	25.82
Total Common Equity	739.49	733.51	1,253	1,167	1,055	276.17
Minority Interest	-129.15	-71.15	-137.67	-45.58	69.87	24.9
Shareholders' Equity	610.33	662.36	1,115	1,122	1,125	301.07
Total Liabilities & Equity	5,763	5,506	5,567	3,376	3,017	821.94
Total Debt	2,009	2,739	2,115	707.88	1,091	157.93
Net Cash (Debt)	-1,943	-2,426	-1,484	-439.24	-941.63	-92.94
Net Cash Per Share	-	-34.05	-20.83	-6.16	-13.22	-1.30
Filing Date Shares Outstanding	-	71.25	71.25	71.25	70.85	71.25
Total Common Shares Outstanding	-	71.25	71.25	71.25	70.85	71.25
Working Capital	-1,610	-1,139	720.05	407.55	630.82	204.88
Book Value Per Share	-	10.29	17.58	16.38	14.90	3.88
Tangible Book Value	614.46	727.29	1,243	1,156	1,046	274.83
Tangible Book Value Per Share	-	10.21	17.45	16.22	14.76	3.86
Land	-	1,305	1,255	284.17	196.82	27.65
Buildings	-	129.5	108.35	82.78	57.33	10.05
Machinery	-	1,938	1,939	1,458	1,022	109.21
Construction In Progress	-	1,709	445.72	11.01	18.94	4.02
Leasehold Improvements	-	271.88	267.91	200.43	131.38	20.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.