IST:FADE 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	10.24	24.27	26.43	10.89	0.55
Trading Asset Securities	16.41	18.56	26.76	100.01	9.73
Cash & Short-Term Investments	26.65	42.83	53.19	110.89	10.28
Cash Growth	-37.79%	-19.47%	-52.04%	979.06%	59.17%
Accounts Receivable	162.01	120.35	71.85	36.51	16.15
Other Receivables	1.25	1.64	1.46	3.34	1.66
Receivables	163.26	121.99	73.31	39.85	17.81
Inventory	293.57	203.67	90.54	139.05	59.93
Prepaid Expenses	2.14	1.7	1.23	0.39	0.09
Other Current Assets	67.18	71.38	65.93	42.36	10.09
Total Current Assets	552.8	441.57	284.2	332.54	98.19
Property, Plant & Equipment	559.57	565.42	445.28	264.14	53.31
Other Intangible Assets	0.09	0.17	0.1	0.09	-
Long-Term Accounts Receivable	-	-	-	0.01	0.01
Other Long-Term Assets	1,324	1,317	1,073	526.87	175.31
Total Assets	2,436	2,324	1,802	1,124	326.83
Accounts Payable	95.74	87.57	29.02	18.15	7.94
Accrued Expenses	8.62	9.06	5.96	2.24	1.65
Short-Term Debt	167.28	96.69	100.01	63.11	21.99
Current Portion of Long-Term Debt	6.13	5.19	8.37	9.01	9.92
Current Income Taxes Payable	5.94	5.58	2.72	2.13	-
Current Unearned Revenue	37.39	51.87	31.55	0.67	0.57
Other Current Liabilities	0	0.08	0.6	10.96	0.06
Total Current Liabilities	321.1	256.05	178.23	106.27	42.13
Long-Term Debt	4.33	16.51	11.45	15.38	3.46
Pension & Post-Retirement Benefits	7.29	7.39	4.42	2.01	0.62
Long-Term Deferred Tax Liabilities	295.54	267.98	204.72	156.29	33.93
Other Long-Term Liabilities	0.21	0.25	0.21	0.16	0.06
Total Liabilities	628.47	548.19	399.03	280.11	80.19
Common Stock	83.9	83.9	83.9	83.9	83.9
Additional Paid-In Capital	191.46	191.46	146.27	101.31	25.53
Retained Earnings	902.63	871.23	712.07	364.65	68.45
Comprehensive Income & Other	629.8	629.57	461.16	293.68	68.75
Total Common Equity	1,808	1,776	1,403	843.54	246.63
Shareholders' Equity	1,808	1,776	1,403	843.54	246.63
Total Liabilities & Equity	2,436	2,324	1,802	1,124	326.83
Total Debt	177.73	118.4	119.84	87.5	35.36
Net Cash (Debt)	-151.09	-75.57	-66.65	23.4	-25.09
Net Cash Per Share	-1.80	-0.90	-0.79	0.28	-0.30
Filing Date Shares Outstanding	83.9	83.9	83.9	83.9	83.9
Total Common Shares Outstanding	83.9	83.9	83.9	83.9	83.9
Working Capital	231.69	185.52	105.98	226.27	56.06
Book Value Per Share	21.55	21.17	16.73	10.05	2.94
Tangible Book Value	1,808	1,776	1,403	843.44	246.63
Tangible Book Value Per Share	21.55	21.17	16.73	10.05	2.94
Land	214.28	214.28	163.71	96.34	20.26
Buildings	330.37	330.37	252.31	108.87	19.95
Machinery	159.45	153.93	111.26	51.62	12.94
Construction In Progress	-	-	-	55.15	5.12

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.