IST:DOFRB 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
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
Cash & Equivalents	397.9	748.41	120.68	29.19	6.71
Short-Term Investments	202.7	7.29	1.01	0.44	-
Cash & Short-Term Investments	600.61	755.7	121.69	29.64	6.71
Cash Growth	393.54%	520.99%	310.58%	341.78%	-
Accounts Receivable	637.56	564.67	347.85	99.28	81.66
Other Receivables	725.79	627.07	234.87	2.63	1.65
Receivables	1,373	1,192	582.71	101.91	83.31
Inventory	155.81	285.14	183.25	122.95	18.52
Prepaid Expenses	54.55	61.26	0.26	144.89	9.49
Other Current Assets	104.85	120.87	26.97	3.93	3.29
Total Current Assets	2,289	2,415	914.89	403.31	121.31
Property, Plant & Equipment	938.56	879.81	474.46	386.04	268.04
Goodwill	23.18	23.18	-	-	-
Other Intangible Assets	182.87	14.08	9.2	0.5	1
Long-Term Deferred Tax Assets	-	3.12	-	-	-
Long-Term Deferred Charges	-	145.35	77.11	33.18	21.6
Other Long-Term Assets	0.98	-	-	-	4.99
Total Assets	3,435	3,480	1,476	823.02	416.95
Accounts Payable	194.29	188.26	82.76	14.72	27.49
Accrued Expenses	60.72	38.49	55.76	7.54	6.33
Short-Term Debt	171.56	187.58	50.71	8.07	9.88
Current Portion of Long-Term Debt	178.95	155.89	224.26	7.01	-
Current Portion of Leases	13.14	15.19	13.12	24.15	15.56
Current Income Taxes Payable	-	0.65	-	-	-
Current Unearned Revenue	80.18	242.65	161.16	148.43	26.85
Other Current Liabilities	10.35	9.72	4.84	15.67	0.57
Total Current Liabilities	709.19	838.42	592.62	225.6	86.67
Long-Term Debt	69.33	79.75	84.82	87.87	33.18
Long-Term Leases	487.75	473.44	454.74	334.22	218.55
Pension & Post-Retirement Benefits	8.97	5.14	3.57	2.78	0.16
Total Liabilities	1,276	1,397	1,136	650.47	338.56
Common Stock	155	155	125	27	27
Additional Paid-In Capital	1,320	1,320	-	-	-
Retained Earnings	452.9	446	201.05	152.68	24.39
Comprehensive Income & Other	214.38	145.35	3.4	-7.52	27
Total Common Equity	2,142	2,066	329.45	172.17	78.39
Minority Interest	16.06	17.14	10.46	0.38	-
Shareholders' Equity	2,158	2,083	339.91	172.55	78.39
Total Liabilities & Equity	3,435	3,480	1,476	823.02	416.95
Total Debt	920.73	911.86	827.65	461.33	277.17
Net Cash (Debt)	-320.13	-156.16	-705.96	-431.69	-270.46
Net Cash Per Share	-1.97	-1.01	-5.65	-3.45	-2.16
Filing Date Shares Outstanding	155	155	125	125	125
Total Common Shares Outstanding	155	155	125	125	125
Working Capital	1,580	1,576	322.28	177.71	34.65
Book Value Per Share	13.82	13.33	2.64	1.38	0.63
Tangible Book Value	1,936	2,029	320.25	171.67	77.39
Tangible Book Value Per Share	12.49	13.09	2.56	1.37	0.62
Land	72.26	45.86	-	-	-
Buildings	-	-	-	-	23.11
Machinery	332.6	309.05	49.7	26.31	12.28
Construction In Progress	39.48	36.33	7.83	6.26	3.97
Leasehold Improvements	7.96	7.68	0.87	-	-