IST:DOFRB Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	516.01	120.68	29.19	6.71
Short-Term Investments	535.01	1.88	1.59	1.06
Cash & Short-Term Investments	1,051	122.56	30.78	7.77
Cash Growth	3314.65%	298.17%	296.00%	-
Accounts Receivable	590.96	347.85	99.28	81.66
Other Receivables	340.05	1.34	4.11	3.67
Receivables	931.01	349.19	103.4	85.34
Inventory	182.49	183.25	122.95	18.52
Prepaid Expenses	45.69	259.17	144.89	9.49
Other Current Assets	96.56	0.24	1.3	0.2
Total Current Assets	2,307	914.41	403.31	121.31
Property, Plant & Equipment	557.12	474.46	386.04	268.04
Other Intangible Assets	12.91	9.2	0.5	1
Long-Term Deferred Charges	126.62	77.11	33.18	21.6
Other Long-Term Assets	-	-	-	4.99
Total Assets	3,003	1,475	823.02	416.95
Accounts Payable	108.81	82.76	14.72	27.49
Accrued Expenses	22.13	55.76	7.54	6.33
Short-Term Debt	206.62	10.55	-	-
Current Portion of Long-Term Debt	147.8	264.42	15.08	9.88
Current Portion of Leases	14.94	13.12	24.15	15.56
Current Unearned Revenue	120.89	161.16	148.43	26.85
Other Current Liabilities	0.06	4.84	15.67	0.57
Total Current Liabilities	621.25	592.62	225.6	86.67
Long-Term Debt	116.18	84.82	87.87	33.18
Long-Term Leases	460.59	454.74	334.22	218.55
Pension & Post-Retirement Benefits	3.35	3.57	2.78	0.16
Total Liabilities	1,201	1,136	650.47	338.56
Common Stock	155	125	27	27
Retained Earnings	237.98	201.05	152.68	24.39
Comprehensive Income & Other	71.52	2.91	-7.52	27
Total Common Equity	1,785	328.97	172.17	78.39
Minority Interest	17.55	10.46	0.38	-
Shareholders' Equity	1,802	339.43	172.55	78.39
Total Liabilities & Equity	3,003	1,475	823.02	416.95
Total Debt	946.13	827.65	461.33	277.17
Net Cash (Debt)	104.88	-705.1	-430.55	-269.39
Net Cash Per Share	0.71	-5.64	-3.44	-2.16
Filing Date Shares Outstanding	155	125	125	125
Total Common Shares Outstanding	155	125	125	125
Working Capital	1,686	321.79	177.71	34.65
Book Value Per Share	11.51	2.63	1.38	0.63
Tangible Book Value	1,772	319.77	171.67	77.39
Tangible Book Value Per Share	11.43	2.56	1.37	0.62
Buildings	-	-	-	23.11
Machinery	70.8	49.7	26.31	12.28
Construction In Progress	9.22	7.83	6.26	3.97

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