IST:ELITE 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	198.31	117.6	46.35	33.48	94.13
Short-Term Investments	0.02	0.01	0	-	0.03
Cash & Short-Term Investments	198.32	117.61	46.36	33.48	94.16
Cash Growth	68.63%	153.71%	38.44%	-64.44%	98.00%
Accounts Receivable	711.34	890.19	555.95	363.56	177.2
Other Receivables	11.43	19.64	20.02	7.12	7.86
Receivables	722.77	909.83	575.97	370.68	185.06
Inventory	542.61	589.89	398.82	292.23	78.89
Prepaid Expenses	0.3	16.14	92.6	2.7	7.1
Other Current Assets	65.83	38.15	29.83	50.84	5.08
Total Current Assets	1,530	1,672	1,144	749.94	370.29
Property, Plant & Equipment	935.33	921.27	605.23	373.53	63.7
Other Intangible Assets	1.5	2.06	0.87	0.48	0.08
Long-Term Deferred Tax Assets	156.47	-	-	-	0.13
Long-Term Deferred Charges	-	-	-	0	-
Other Long-Term Assets	35.06	33.24	24.73	11.69	0.47
Total Assets	2,658	2,628	1,774	1,136	434.68
Accounts Payable	87.7	180.58	175.93	111.84	53.39
Accrued Expenses	59.53	26.76	14.84	8.13	2.34
Short-Term Debt	162.85	157.17	155.22	70.25	111.74
Current Portion of Long-Term Debt	-	17.03	19.28	-	-
Current Income Taxes Payable	-	32.36	89.48	51.23	10.84
Current Unearned Revenue	33.58	33.86	25.23	29.88	1.27
Other Current Liabilities	57.87	87.66	42.14	0.36	0.04
Total Current Liabilities	401.53	535.42	522.14	271.7	179.61
Long-Term Debt	-	-	2.21	19.99	17.12
Pension & Post-Retirement Benefits	6.7	3.82	9.02	2.73	1.01
Long-Term Deferred Tax Liabilities	-	68.76	73.64	59.2	0.45
Other Long-Term Liabilities	-	-	-	-	0.1
Total Liabilities	408.23	608	607.01	353.62	198.3
Common Stock	129.6	129.6	129.6	54	54
Additional Paid-In Capital	8.17	8.17	144.95	188.14	61.2
Retained Earnings	1,065	822.08	109.91	69.66	85.5
Comprehensive Income & Other	1,047	1,060	782.93	470.22	35.67
Shareholders' Equity	2,250	2,020	1,167	782.02	236.37
Total Liabilities & Equity	2,658	2,628	1,774	1,136	434.68
Total Debt	162.85	174.2	176.72	90.24	128.85
Net Cash (Debt)	35.47	-56.6	-130.36	-56.75	-34.69
Net Cash Per Share	0.27	-0.44	-1.01	-0.44	-0.27
Filing Date Shares Outstanding	129.6	129.6	129.6	129.6	129.6
Total Common Shares Outstanding	129.6	129.6	129.6	129.6	129.6
Working Capital	1,128	1,136	621.44	478.24	190.68
Book Value Per Share	17.36	15.59	9.01	6.03	1.82
Tangible Book Value	2,248	2,018	1,167	781.55	236.3
Tangible Book Value Per Share	17.35	15.57	9.00	6.03	1.82
Land	225.69	218.13	166.65	105.81	1.68
Buildings	197.25	197.25	150.69	104.37	38.22
Machinery	86.75	55.65	311.81	178.5	40.81
Construction In Progress	140.12	124.73	26.39	-	0.16
Leasehold Improvements	13.6	-	-	0.05	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.