Erciyas Çelik Boru Sanayi A.S. (IST:ERCB)

IST:ERCB Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	176.46	428.69	250.09	118.12	167.84	76.52
Short-Term Investments	1.21	1.21	0.66	0.37	0.51	0.72
Cash & Short-Term Investments	177.67	429.9	250.75	118.49	168.35	77.24
Cash Growth	0.47%	71.45%	111.62%	-29.62%	117.97%	13.77%
Accounts Receivable	2,043	1,641	743.11	581.07	150.28	162.65
Other Receivables	3,759	5,048	3,317	1,327	816.09	495.2
Receivables	5,802	6,689	4,060	1,908	966.37	657.84
Inventory	790.4	1,242	1,347	640.33	289.7	172.92
Prepaid Expenses	820.32	21.56	56.77	66.92	3.48	4.3
Other Current Assets	309.21	296.2	328.84	135.99	112.65	73.47
Total Current Assets	7,900	8,679	6,043	2,870	1,541	985.77
Property, Plant & Equipment	3,794	3,479	3,061	1,974	1,435	714.81
Long-Term Investments	1.29	1.15	0.81	0.55	0.36	0.35
Goodwill	-	-	-	-	-	106.98
Other Intangible Assets	65.18	28.89	26.02	17.39	11.9	5.49
Long-Term Accounts Receivable	58.86	49.98	38.44	30.32	21.96	12.41
Long-Term Deferred Charges	-	24.81	16.39	8.66	4.94	2.2
Other Long-Term Assets	589.81	508.96	583.12	246.66	165.42	84.72
Total Assets	12,409	12,771	9,769	5,147	3,180	1,913
Accounts Payable	3,457	2,982	1,579	1,005	384.17	278.9
Accrued Expenses	79.28	350.5	90.71	59.62	40.82	35.44
Short-Term Debt	2,454	2,571	2,448	1,300	720.01	229.89
Current Portion of Long-Term Debt	1,683	911.31	580.33	168.21	142.97	147.73
Current Portion of Leases	-	7.12	3.78	2.91	1.03	1.53
Current Income Taxes Payable	38.01	13.41	-	-	2.17	0.3
Current Unearned Revenue	864.17	292.74	520.64	52.79	55.57	45.05
Other Current Liabilities	194.4	27.35	4.84	5.26	27.74	64.48
Total Current Liabilities	8,770	7,155	5,227	2,593	1,374	803.32
Long-Term Debt	876.54	753.44	670.62	397.09	380.08	302.77
Long-Term Leases	-	8.71	5.42	1.52	0.61	0.77
Long-Term Unearned Revenue	-	-	-	-	-	28.29
Long-Term Deferred Tax Liabilities	683.4	591.88	481.3	277.9	251.62	117.52
Other Long-Term Liabilities	589.45	645.43	364.07	-	-	-
Total Liabilities	11,012	9,218	6,783	3,297	2,019	1,262
Common Stock	77.77	77.77	77.77	77.77	77.77	59.5
Additional Paid-In Capital	1,334	1,334	1,334	13.89	13.89	13.89
Retained Earnings	384.55	470.19	441.63	349.46	164.71	140.02
Comprehensive Income & Other	-359.24	1,702	1,133	1,410	903.88	436.97
Total Common Equity	1,435	3,584	2,987	1,851	1,160	650.38
Minority Interest	-38.63	-30.6	-0.11	-	-	-
Shareholders' Equity	1,396	3,554	2,987	1,851	1,160	650.38
Total Liabilities & Equity	12,409	12,771	9,769	5,147	3,180	1,913
Total Debt	5,013	4,251	3,708	1,869	1,245	682.7
Net Cash (Debt)	-4,836	-3,821	-3,458	-1,751	-1,076	-605.46
Net Cash Per Share	-	-49.13	-44.46	-22.51	-13.84	-10.18
Filing Date Shares Outstanding	-	77.77	77.77	77.77	77.77	59.5
Total Common Shares Outstanding	-	77.77	77.77	77.77	77.77	59.5
Working Capital	-870.05	1,524	815.8	276.14	166.06	182.44
Book Value Per Share	-	46.09	38.40	23.80	14.92	10.93
Tangible Book Value	1,370	3,555	2,961	1,833	1,148	537.9
Tangible Book Value Per Share	-	45.72	38.07	23.57	14.77	9.04
Buildings	-	1,356	1,133	719.56	499	210.52
Machinery	-	5,025	4,158	2,541	1,744	908.41
Construction In Progress	-	11.11	6.54	3.66	1.12	9.96

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