IST:EFOR 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	1,227	567.39	98.58	72.91	185.74
Short-Term Investments	-	-	-	-	33.83
Cash & Short-Term Investments	1,227	567.39	98.58	72.91	219.57
Cash Growth	116.33%	475.54%	35.21%	-66.79%	-
Accounts Receivable	1,501	1,612	1,082	823.61	442.23
Other Receivables	20.18	18.99	8.91	23.38	11.1
Receivables	1,521	1,631	1,091	846.99	453.32
Inventory	3,898	3,446	1,433	802.46	482.2
Prepaid Expenses	115.63	50.33	31.43	1.07	1.27
Other Current Assets	740.95	1,094	194.9	292.05	98.7
Total Current Assets	7,503	6,788	2,849	2,015	1,255
Property, Plant & Equipment	3,722	3,167	1,763	957.19	593.98
Other Intangible Assets	39.39	13.91	1.01	1.01	1.57
Long-Term Deferred Tax Assets	-	77.95	-	-	-
Other Long-Term Assets	282.04	1,153	905.79	355.41	0.33
Total Assets	11,546	11,200	5,518	3,329	1,851
Accounts Payable	5,127	2,957	423.89	991.45	782.9
Accrued Expenses	49.34	52.07	24.84	11.07	7.71
Short-Term Debt	128.38	81.49	74.01	2.15	0.68
Current Portion of Long-Term Debt	705.61	1,686	1,064	585.4	34.96
Current Portion of Leases	219.13	20.03	15.89	17.43	4.19
Current Income Taxes Payable	8.67	-	1.2	10.8	12.59
Current Unearned Revenue	64.68	641.43	644	208.46	322.5
Other Current Liabilities	240.89	132.58	27.67	20	8.76
Total Current Liabilities	6,544	5,571	2,276	1,847	1,174
Long-Term Debt	321.84	470.37	470.47	202.12	51.18
Long-Term Leases	21.54	31.1	28.49	30.45	18.41
Long-Term Unearned Revenue	0.15	1.08	3.81	-	-
Pension & Post-Retirement Benefits	29.49	13.11	10.26	4.42	3.92
Long-Term Deferred Tax Liabilities	14.82	-	132.24	61.76	28.94
Other Long-Term Liabilities	3.89	3.48	2.72	2.16	0.42
Total Liabilities	6,935	6,090	2,924	2,148	1,277
Common Stock	2,178	363	300	150	50
Additional Paid-In Capital	497.43	1,192	-	-	-
Retained Earnings	1,382	2,219	1,254	381.08	246.64
Comprehensive Income & Other	553.08	1,336	1,040	650.32	277.13
Shareholders' Equity	4,611	5,110	2,594	1,181	573.77
Total Liabilities & Equity	11,546	11,200	5,518	3,329	1,851
Total Debt	1,397	2,289	1,653	837.56	109.42
Net Cash (Debt)	-169.1	-1,722	-1,555	-764.65	110.15
Net Cash Per Share	-0.08	-0.79	-1.70	-1114.15	3706.51
Filing Date Shares Outstanding	2,178	2,178	1,800	0.69	0.03
Total Common Shares Outstanding	2,178	2,178	1,800	0.69	0.03
Working Capital	959.36	1,217	572.89	168.71	80.76
Book Value Per Share	2.12	2.35	1.44	1721.39	19307.22
Tangible Book Value	4,571	5,096	2,593	1,180	572.2
Tangible Book Value Per Share	2.10	2.34	1.44	1719.92	19254.29
Land	1,106	723.68	586.57	308.42	280.28
Buildings	1,260	746.38	473.06	354.28	140.79
Machinery	1,455	1,276	618.82	244.35	188.73
Construction In Progress	93.32	537.36	118.76	58	7.69
Leasehold Improvements	30.6	12.66	7.68	1.16	0.89

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