IST:EMKEL 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	20.67	8.38	76.99	6.33	7.99	4.16
Cash & Short-Term Investments	20.67	8.38	76.99	6.33	7.99	4.16
Cash Growth	67.95%	-89.11%	1115.80%	-20.78%	92.01%	84.87%
Accounts Receivable	421.44	223.96	239.03	165.84	56.79	35.56
Other Receivables	21.25	45.17	130.26	9.85	6.47	3.47
Receivables	442.69	269.13	369.29	175.69	63.26	39.03
Inventory	726.49	685.47	446.55	266.82	132.47	84.86
Prepaid Expenses	7.9	18.75	7.91	8.95	0.07	0.1
Other Current Assets	281.3	2.23	3.21	9.22	7.11	9.32
Total Current Assets	1,479	983.96	903.95	467	210.9	137.47
Property, Plant & Equipment	706.79	574.56	675.53	468.98	124.48	75.81
Long-Term Investments	-	-	0.83	1.49	0.56	0.33
Other Intangible Assets	60.71	49.26	52.56	22.42	0.41	0.42
Long-Term Deferred Tax Assets	-	-	-	-	1.24	3.81
Long-Term Deferred Charges	10.34	8.24	11.84	-	-	-
Other Long-Term Assets	8.97	7.61	9.56	4.49	9.84	17.29
Total Assets	2,266	1,624	1,654	964.39	347.44	235.14
Accounts Payable	342.74	273.69	324.63	221.61	113.9	91.27
Accrued Expenses	27.71	25.58	38.56	31.79	13.87	6.61
Short-Term Debt	145.41	-	-	-	-	-
Current Portion of Long-Term Debt	33.73	104.44	45.2	9.17	7.5	5.59
Current Portion of Leases	50.51	0.19	0.35	0.33	0.55	0.2
Current Income Taxes Payable	2.98	-	-	-	2.81	-
Current Unearned Revenue	435.14	255.45	204.39	91.27	23.98	12.63
Other Current Liabilities	0.4	80.8	11.33	3.2	2.57	3.57
Total Current Liabilities	1,039	740.13	624.46	357.39	165.17	119.86
Long-Term Debt	3.59	-	33.21	46.14	33.28	38.56
Long-Term Leases	207.64	0.04	-	0.2	0.37	0.18
Pension & Post-Retirement Benefits	15.03	33.72	24.63	38.6	10.72	8.22
Long-Term Deferred Tax Liabilities	15.82	46.03	78.47	25.27	-	-
Other Long-Term Liabilities	7.23	14.99	30.78	13.84	0.57	26.01
Total Liabilities	1,288	834.92	791.55	481.43	210.11	192.83
Common Stock	150	150	149.87	75	75	24.3
Additional Paid-In Capital	22.16	17.67	14.83	10.27	1.37	1.04
Retained Earnings	-317.75	-246.87	-235.58	-131.23	-10.96	-22.79
Comprehensive Income & Other	1,124	867.92	936.11	525.97	70.87	39.98
Total Common Equity	977.94	788.71	865.24	480.02	136.28	42.53
Minority Interest	-	-	-2.53	2.94	1.05	-0.23
Shareholders' Equity	977.94	788.71	862.71	482.96	137.32	42.3
Total Liabilities & Equity	2,266	1,624	1,654	964.39	347.44	235.14
Total Debt	440.87	104.67	78.75	55.84	41.7	44.53
Net Cash (Debt)	-420.21	-96.29	-1.77	-49.5	-33.71	-40.37
Net Cash Per Share	-2.80	-0.64	-0.02	-0.66	-0.45	-1.66
Filing Date Shares Outstanding	150	150	150	75	75	24.3
Total Common Shares Outstanding	150	150	150	75	75	24.3
Working Capital	440.44	243.83	279.49	109.62	45.73	17.61
Book Value Per Share	6.52	5.26	5.77	6.40	1.82	1.75
Tangible Book Value	917.23	739.45	812.68	457.59	135.86	42.11
Tangible Book Value Per Share	6.11	4.93	5.42	6.10	1.81	1.73
Land	135.64	305.27	389.98	281.76	81.28	48.49
Buildings	371.35	85.32	87.71	47.78	11.17	6.61
Machinery	592.4	469.38	476.09	329.87	49.15	37.85
Construction In Progress	5.28	4.21	4.21	2.91	0.57	0.39

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