IST:ESEN 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	293	116.88	389.6	492.45	797.7	189.34
Short-Term Investments	-	-	-	440.9	-	-
Accounts Receivable	1,067	934.31	980.66	1,329	372.57	12.64
Other Receivables	0.41	0.24	0.3	609.38	1.08	27.88
Inventory	46.93	53.45	67.98	10.2	3.4	22.12
Prepaid Expenses	40.56	10.82	8.6	9.9	1.29	0.33
Loans Receivable Current	-	245.29	-	-	-	-
Other Current Assets	142.9	111.92	212.5	145.8	21.92	12.48
Total Current Assets	1,591	1,473	1,660	3,038	1,198	264.8
Property, Plant & Equipment	14,582	10,379	13,780	9,700	4,607	967.1
Goodwill	-	-	-	-	-	0.08
Other Intangible Assets	4.11	0.79	0.95	0.28	0.13	0.16
Long-Term Investments	3,842	3,159	2,915	-	-	0.05
Other Long-Term Assets	2,723	2,185	1,068	758.98	1.2	1.61
Total Assets	22,742	17,196	19,424	13,497	5,806	1,234
Accounts Payable	67.13	39.97	46.64	38.74	212.46	102.98
Accrued Expenses	889.68	420.19	614.39	752.43	0.6	0.6
Short-Term Debt	874.4	604.95	268	166.72	44.87	0.01
Current Portion of Long-Term Debt	1,299	983.47	1,098	581.23	262.2	81.09
Current Unearned Revenue	39.36	19.54	57.2	82.86	27.21	12.94
Current Income Taxes Payable	-	3.56	-	3.83	1.79	-
Other Current Liabilities	0.88	6.4	13.39	4.94	0.55	0.02
Total Current Liabilities	3,179	2,078	2,098	1,631	549.67	197.64
Long-Term Debt	2,135	1,971	2,779	1,769	956.35	309.72
Pension & Post-Retirement Benefits	3.21	1.62	2.5	0.64	0.1	0.04
Long-Term Deferred Tax Liabilities	2,528	1,408	1,811	1,573	49.12	135.55
Total Liabilities	7,906	5,458	6,691	4,974	1,555	642.96
Common Stock	1,820	260	260	64	64	64
Additional Paid-In Capital	3,463	2,821	2,828	2,526	725.79	177.66
Retained Earnings	7,200	6,365	6,600	4,445	797.23	152.09
Treasury Stock	-5.26	-0.07	-72.8	-2.15	-	-
Comprehensive Income & Other	-1,220	-538.08	28.81	-541.77	1,816	197.08
Total Common Equity	11,258	8,909	9,644	6,491	3,403	590.84
Minority Interest	3,578	2,830	3,089	2,032	847.84	-
Shareholders' Equity	14,836	11,739	12,733	8,523	4,251	590.84
Total Liabilities & Equity	22,742	17,196	19,424	13,497	5,806	1,234
Total Debt	4,378	3,559	4,145	2,517	1,263	390.83
Net Cash (Debt)	-4,085	-3,442	-3,756	-1,584	-465.71	-201.48
Net Cash Per Share	-2.26	-1.91	-2.08	-0.87	-0.26	-0.11
Filing Date Shares Outstanding	1,806	1,777	1,820	1,820	1,820	1,820
Total Common Shares Outstanding	1,806	1,777	1,820	1,820	1,820	1,820
Working Capital	-1,588	-605.18	-438.43	1,407	648.28	67.16
Book Value Per Share	6.23	5.01	5.30	3.57	1.87	0.32
Tangible Book Value	11,254	8,908	9,643	6,491	3,403	590.6
Tangible Book Value Per Share	6.23	5.01	5.30	3.57	1.87	0.32
Land	749.45	597.51	1,892	515.28	195.1	54.61
Buildings	-	-	-	-	65.28	-
Machinery	14,000	9,743	11,884	9,192	5,183	932.37
Construction In Progress	67.66	46.98	9.27	-	-	-

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