IST:DESA 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	57.05	32.32	31.1	942.68	338.37	147.11
Short-Term Investments	1,784	1,817	1,886	236.05	437.79	-
Cash & Short-Term Investments	1,841	1,849	1,918	1,179	776.16	147.11
Cash Growth	13.10%	-3.55%	62.68%	51.87%	427.60%	138.59%
Accounts Receivable	313.59	430.54	458.97	296.25	312.44	89.27
Other Receivables	7.81	2.54	19.93	20.15	14.4	7.25
Receivables	321.4	433.08	478.9	316.4	326.85	96.52
Inventory	1,614	1,253	840.1	465.02	332.5	154.91
Prepaid Expenses	11.11	10.09	21.86	7.68	3.52	1.31
Other Current Assets	41.81	43.66	157.77	463.78	85.13	21.67
Total Current Assets	3,829	3,590	3,416	2,432	1,524	421.52
Property, Plant & Equipment	1,635	1,483	1,272	849.98	567.12	174.32
Long-Term Investments	243.16	219.51	375.12	288.26	174.06	26.3
Other Intangible Assets	10.24	6.93	5.35	3.72	3.24	0.57
Long-Term Deferred Tax Assets	-	-	8.27	50.99	18.8	12.39
Other Long-Term Assets	41.02	37.31	128.37	114.63	47.9	0.34
Total Assets	5,758	5,336	5,206	3,739	2,335	635.44
Accounts Payable	623.61	719.43	812.37	601.58	551.55	153.49
Accrued Expenses	96.09	119.82	104.24	109.2	44.42	13.8
Short-Term Debt	-	0.35	1.62	3.56	9.95	3.82
Current Portion of Long-Term Debt	-	22.15	75.05	73.4	95.42	42.85
Current Portion of Leases	244.01	126.01	103.21	57.8	37.29	25.98
Current Income Taxes Payable	55.52	79.56	207.6	279.26	108.75	6.56
Current Unearned Revenue	71.73	76.65	130.91	52.49	41.79	7.64
Other Current Liabilities	129.72	97.36	39.37	14.2	35.11	6.82
Total Current Liabilities	1,221	1,241	1,474	1,191	924.3	260.97
Long-Term Debt	-	-	21.44	94.37	117.18	117.2
Long-Term Leases	105.16	165.36	177.2	59.61	38.03	21.23
Pension & Post-Retirement Benefits	63.65	50.91	26.3	25.53	12.79	5.32
Long-Term Deferred Tax Liabilities	26.52	44.26	-	23.63	139.72	22.63
Other Long-Term Liabilities	-	-	-	-	-	0.13
Total Liabilities	1,416	1,502	1,699	1,395	1,232	427.48
Common Stock	490	490	245	245	49.22	49.22
Retained Earnings	1,743	1,483	1,146	537.62	119.02	61.98
Comprehensive Income & Other	2,109	1,861	2,116	1,562	935.02	96.75
Shareholders' Equity	4,342	3,834	3,506	2,345	1,103	207.95
Total Liabilities & Equity	5,758	5,336	5,206	3,739	2,335	635.44
Total Debt	349.17	313.88	378.52	288.74	297.87	211.08
Net Cash (Debt)	1,492	1,536	1,539	889.99	478.29	-63.97
Net Cash Growth	9.36%	-0.22%	72.92%	86.08%	-	-
Net Cash Per Share	3.04	3.13	3.14	1.82	0.98	-0.13
Filing Date Shares Outstanding	490	490	490	490	490	490
Total Common Shares Outstanding	490	490	490	490	490	490
Working Capital	2,608	2,348	1,942	1,240	599.86	160.55
Book Value Per Share	8.86	7.82	7.16	4.78	2.25	0.42
Tangible Book Value	4,332	3,827	3,501	2,341	1,100	207.38
Tangible Book Value Per Share	8.84	7.81	7.14	4.78	2.24	0.42
Land	183.44	181.94	166.7	127.36	88.21	31.03
Buildings	605.8	550.52	550.41	418.81	261.52	88.35
Machinery	420.83	845.54	796.03	579.98	387.78	38.99
Construction In Progress	6.39	5.81	0.72	0.78	0.36	0.08