IST:ERSU 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	5.74	92.49	0.93	2.57	0.11
Short-Term Investments	78.72	-	-	-	-
Cash & Short-Term Investments	84.47	92.49	0.93	2.57	0.11
Cash Growth	-8.68%	9895.93%	-64.06%	2270.58%	-64.19%
Accounts Receivable	0.18	0.28	13.7	3.33	0.31
Other Receivables	29.88	16.11	0.61	0.4	0.42
Receivables	30.05	16.39	14.31	3.74	0.73
Inventory	35.46	58.83	53.51	62.18	25.93
Prepaid Expenses	4.86	0.03	0.06	0.02	-
Other Current Assets	9.26	12.94	13.27	11.64	1.47
Total Current Assets	164.1	180.69	82.08	80.14	28.24
Property, Plant & Equipment	360.47	289.99	464.87	340.84	63.71
Other Intangible Assets	0.56	-	-	-	-
Other Long-Term Assets	0.05	0.05	0.08	0.04	0.02
Total Assets	525.19	470.73	547.02	421.03	91.97
Accounts Payable	6	-	-	30.2	7.8
Accrued Expenses	1.78	1.94	2.64	1.74	0.55
Current Income Taxes Payable	-	0.62	0.26	0.15	0.21
Current Unearned Revenue	4.77	4.78	7.5	12.75	2.83
Other Current Liabilities	0.85	12.1	16.78	0.11	1.49
Total Current Liabilities	13.4	19.43	27.18	44.95	12.88
Pension & Post-Retirement Benefits	1.5	1.13	2.37	1.16	0.3
Long-Term Deferred Tax Liabilities	83.78	30.66	92.28	71.64	10.28
Other Long-Term Liabilities	-	-	-	0	0
Total Liabilities	98.68	51.22	121.84	117.75	23.47
Common Stock	36	36	36	36	36
Additional Paid-In Capital	7.52	5.75	5.75	3.98	0.24
Retained Earnings	-674	-398.77	-392.66	-264.3	-17.23
Comprehensive Income & Other	1,057	776.53	776.09	527.59	49.49
Shareholders' Equity	426.51	419.5	425.18	303.28	68.5
Total Liabilities & Equity	525.19	470.73	547.02	421.03	91.97
Net Cash (Debt)	84.47	92.49	0.93	2.57	0.11
Net Cash Growth	-8.68%	9895.93%	-64.06%	2270.58%	-55.96%
Net Cash Per Share	-	2.57	0.03	0.07	0.00
Filing Date Shares Outstanding	-	36	36	36	36
Total Common Shares Outstanding	-	36	36	36	36
Working Capital	150.7	161.26	54.89	35.2	15.37
Book Value Per Share	-	11.65	11.81	8.42	1.90
Tangible Book Value	425.94	419.5	425.18	303.28	68.5
Tangible Book Value Per Share	-	11.65	11.81	8.42	1.90
Land	-	133.13	238.32	165.06	30.13
Buildings	-	134.68	210.72	145.95	12.68
Machinery	-	337.55	336.93	231.49	38.45
Leasehold Improvements	-	-	-	0.47	0.04

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