IST:CUSAN Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	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	312.69	631.31	268.64	148.96	64.99
Cash Growth	-50.47%	135.00%	80.35%	129.20%	92.27%
Accounts Receivable	770.5	1,086	998.2	1,073	262.73
Other Receivables	53.88	11.04	4.41	8.95	3.9
Receivables	824.38	1,097	1,003	1,082	266.63
Inventory	740.91	1,295	1,124	1,009	308.39
Prepaid Expenses	19.2	33.88	19.81	12.47	1.16
Other Current Assets	64.48	108.25	88.96	109.76	49.48
Total Current Assets	1,962	3,166	2,504	2,362	690.65
Property, Plant & Equipment	3,387	2,210	718.53	564.22	109.8
Other Intangible Assets	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	45.49	104.54	88.18	75.39	20.15
Total Assets	5,506	5,567	3,376	3,017	821.94
Accounts Payable	349.28	204.56	219.34	253.21	117.04
Accrued Expenses	62.1	88.36	54.05	40.85	12.34
Short-Term Debt	1,425	646.58	417.97	1,079	143.68
Current Portion of Long-Term Debt	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	713.55	1,124	1,201	323.12	198.07
Other Current Liabilities	340.8	156.58	29.85	13.53	4.58
Total Current Liabilities	3,100	2,446	2,097	1,731	485.78
Long-Term Debt	1,095	1,242	128.94	-	-
Long-Term Leases	9.13	-	3.31	6.8	12.93
Pension & Post-Retirement Benefits	47	71.68	25.35	30.49	7.87
Long-Term Deferred Tax Liabilities	21.43	-	-	123.36	14.29
Other Long-Term Liabilities	570.65	692.14	-	-	-
Total Liabilities	4,844	4,452	2,254	1,892	520.87
Common Stock	71.25	71.25	71.25	71.25	71.25
Additional Paid-In Capital	85.15	85.15	65.05	45.06	6.65
Retained Earnings	-614.84	-20.57	172.29	349.11	172.45
Treasury Stock	-6.12	-28.41	-26.04	-9.48	-
Comprehensive Income & Other	1,198	1,145	884.71	599.55	25.82
Total Common Equity	733.51	1,253	1,167	1,055	276.17
Minority Interest	-71.15	-137.67	-45.58	69.87	24.9
Shareholders' Equity	662.36	1,115	1,122	1,125	301.07
Total Liabilities & Equity	5,506	5,567	3,376	3,017	821.94
Total Debt	2,739	2,115	707.88	1,091	157.93
Net Cash (Debt)	-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	-1,139	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	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.