IST:ENERY 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	Jun '25 Jun 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	7,453	4,457	6,308	1,825	268.97	243.38
Accounts Receivable	1,114	4,014	3,403	4,156	835.9	441.79
Other Receivables	59.71	9.8	22.05	41.17	444.62	5.76
Inventory	222.55	244.61	118.47	122.25	22	12.65
Prepaid Expenses	83.53	430.03	110.74	123.7	17.01	15.15
Other Current Assets	147.74	503.29	494.88	200.51	43.51	36.15
Total Current Assets	9,080	9,659	10,457	6,469	1,632	754.89
Property, Plant & Equipment	71,788	44,575	40,789	17,704	1,379	1,164
Other Intangible Assets	1,257	1,115	457.4	286.04	61.71	45.58
Long-Term Investments	4,251	3,597	740.96	-	-	-
Long-Term Deferred Tax Assets	1,170	508.42	2,082	556.47	481.28	226.89
Other Long-Term Assets	1,046	1,204	0.75	0.74	1.39	11.27
Total Assets	88,592	60,658	54,526	25,016	3,556	2,203
Accounts Payable	2,004	4,288	3,807	4,302	886.91	494.5
Accrued Expenses	175.47	163.5	95.04	68.16	16.87	13.77
Short-Term Debt	3,537	2,424	1,568	777.6	115.07	40
Current Portion of Long-Term Debt	13.89	23.57	41.2	35.48	1.48	142.84
Current Unearned Revenue	895.96	708.96	604.85	352.17	54.73	41.39
Current Portion of Leases	38.65	22.63	11.94	10.69	3.91	6.02
Current Income Taxes Payable	632.4	573.73	202.27	-	5.17	0.09
Other Current Liabilities	8,275	6,821	6,277	4,112	1,300	990.64
Total Current Liabilities	15,572	15,025	12,607	9,765	2,385	1,729
Long-Term Debt	1.69	7.12	42.98	59.96	807.08	389.7
Long-Term Leases	41.92	44.74	29.28	24.92	6.75	8.67
Long-Term Unearned Revenue	8,062	6,716	6,308	4,018	676.04	557.21
Pension & Post-Retirement Benefits	163.13	113.03	100.03	46.21	15.45	9.7
Long-Term Deferred Tax Liabilities	9,168	5,343	6,536	837.6	3.78	5.48
Other Long-Term Liabilities	2.84	2.34	10	9.45	-	0.1
Total Liabilities	33,012	27,251	25,633	14,761	3,894	2,700
Common Stock	9,000	145	145	120	120	120
Additional Paid-In Capital	1,522	3,604	3,604	-	-	-
Retained Earnings	9,112	9,015	6,159	2,052	-443.34	-577.37
Treasury Stock	-840.66	-322.74	-19.65	-	-	-
Comprehensive Income & Other	25,748	14,004	12,453	5,971	-2.1	-9.72
Total Common Equity	44,542	26,445	22,341	8,143	-325.45	-467.09
Minority Interest	11,038	6,962	6,551	2,112	-12.68	-30.43
Shareholders' Equity	55,580	33,407	28,893	10,255	-338.12	-497.52
Total Liabilities & Equity	88,592	60,658	54,526	25,016	3,556	2,203
Total Debt	3,633	2,522	1,693	908.64	934.29	587.23
Net Cash (Debt)	3,820	1,935	4,614	916.61	-665.32	-343.84
Net Cash Growth	-	-58.07%	403.42%	-	-	-
Net Cash Per Share	0.42	0.21	0.58	0.12	-0.09	-0.05
Filing Date Shares Outstanding	9,000	9,000	9,015	7,448	7,448	7,448
Total Common Shares Outstanding	9,000	9,000	9,015	7,448	7,448	7,448
Working Capital	-6,492	-5,366	-2,150	-3,296	-752.59	-974.36
Book Value Per Share	4.95	2.94	2.48	1.09	-0.04	-0.06
Tangible Book Value	43,285	25,329	21,884	7,857	-387.16	-512.67
Tangible Book Value Per Share	4.81	2.81	2.43	1.05	-0.05	-0.07
Land	120.79	0.68	0.68	0.47	0.3	0.3
Machinery	1,245	972.83	780.68	484.78	57.11	44.02
Construction In Progress	465.69	8.83	-	-	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.