IST:EMKEL 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	70.44	10.97	76.99	6.33	7.99
Cash & Short-Term Investments	70.44	10.97	76.99	6.33	7.99
Cash Growth	542.02%	-85.75%	1115.80%	-20.78%	92.01%
Accounts Receivable	432.92	293.15	239.03	165.84	56.79
Other Receivables	29.74	59.12	130.26	9.85	6.47
Receivables	462.66	352.27	369.29	175.69	63.26
Inventory	813.5	897.23	446.55	266.82	132.47
Prepaid Expenses	10.05	24.78	7.91	8.95	0.07
Other Current Assets	1.89	2.69	3.21	9.22	7.11
Total Current Assets	1,359	1,288	903.95	467	210.9
Property, Plant & Equipment	741.69	752.05	675.53	468.98	124.48
Long-Term Investments	-	-	0.83	1.49	0.56
Other Intangible Assets	116.4	64.48	52.56	22.42	0.41
Long-Term Deferred Tax Assets	-	-	-	-	1.24
Long-Term Deferred Charges	10.79	10.79	11.84	-	-
Other Long-Term Assets	10.99	9.96	9.56	4.49	9.84
Total Assets	2,238	2,125	1,654	964.39	347.44
Accounts Payable	281.14	358.23	324.63	221.61	113.9
Accrued Expenses	27.45	32.71	38.56	31.79	13.87
Short-Term Debt	131.89	0.25	-	-	-
Current Portion of Long-Term Debt	0.25	136.36	45.2	9.17	7.5
Current Portion of Leases	78.33	0.34	0.35	0.33	0.55
Current Income Taxes Payable	-	-	-	-	2.81
Current Unearned Revenue	484.96	334.36	204.39	91.27	23.98
Other Current Liabilities	0.5	106.52	11.33	3.2	2.57
Total Current Liabilities	1,005	968.78	624.46	357.39	165.17
Long-Term Debt	2.51	0.06	33.21	46.14	33.28
Long-Term Leases	196.37	-	-	0.2	0.37
Pension & Post-Retirement Benefits	12.13	44.14	24.63	38.6	10.72
Long-Term Deferred Tax Liabilities	40.09	60.26	78.47	25.27	-
Other Long-Term Liabilities	2.95	19.62	30.78	13.84	0.57
Total Liabilities	1,259	1,093	791.55	481.43	210.11
Common Stock	150	150	149.87	75	75
Additional Paid-In Capital	23.12	23.12	14.83	10.27	1.37
Retained Earnings	-379.81	-323.14	-235.58	-131.23	-10.96
Comprehensive Income & Other	1,187	1,182	936.11	525.97	70.87
Total Common Equity	979.84	1,032	865.24	480.02	136.28
Minority Interest	-	-	-2.53	2.94	1.05
Shareholders' Equity	979.84	1,032	862.71	482.96	137.32
Total Liabilities & Equity	2,238	2,125	1,654	964.39	347.44
Total Debt	409.35	137.01	78.75	55.84	41.7
Net Cash (Debt)	-338.91	-126.03	-1.77	-49.5	-33.71
Net Cash Per Share	-2.26	-0.84	-0.02	-0.66	-0.45
Filing Date Shares Outstanding	150	150	150	75	75
Total Common Shares Outstanding	150	150	150	75	75
Working Capital	354.02	319.15	279.49	109.62	45.73
Book Value Per Share	6.53	6.88	5.77	6.40	1.82
Tangible Book Value	863.44	967.88	812.68	457.59	135.86
Tangible Book Value Per Share	5.76	6.45	5.42	6.10	1.81
Land	141.54	399.57	389.98	281.76	81.28
Buildings	397.64	111.68	87.71	47.78	11.17
Machinery	618.93	614.38	476.09	329.87	49.15
Construction In Progress	5.51	5.51	4.21	2.91	0.57

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