IST:FLAP 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	27	25.78	47.84	46.02	76.05
Short-Term Investments	-	-	23.48	-	-
Trading Asset Securities	-	-	24.59	16.69	7.37
Cash & Short-Term Investments	27	25.78	95.91	62.72	83.42
Cash Growth	4.74%	-73.12%	52.92%	-24.81%	3716.81%
Accounts Receivable	36.85	53.11	66.02	33.32	8.92
Other Receivables	0	0.13	0.01	0.01	0.09
Receivables	36.85	53.24	66.03	33.32	9.01
Inventory	106.97	50.19	1	-	-
Prepaid Expenses	2.01	4.79	1.7	2.5	0.64
Other Current Assets	79.89	78.32	45.3	49.7	5.43
Total Current Assets	252.71	212.32	209.95	148.24	98.49
Property, Plant & Equipment	109.56	113.44	92.79	60.01	17.56
Long-Term Investments	259.12	235.64	188.27	119.29	37.75
Long-Term Deferred Tax Assets	91.1	33.54	88.26	-	2
Other Long-Term Assets	455.77	476.42	347.63	224.54	33.24
Total Assets	1,168	1,071	926.9	552.09	189.03
Accounts Payable	16.04	29.82	23.42	21.88	4.27
Accrued Expenses	11.1	9.22	7.49	5.85	0.88
Short-Term Debt	15	-	23.84	12.4	-
Current Portion of Long-Term Debt	0.2	2.55	5.34	5.58	3.09
Current Income Taxes Payable	1.81	-	1.15	-	1.4
Current Unearned Revenue	101	6.55	4.83	3.16	0.56
Other Current Liabilities	4.57	8.98	0.77	1.13	0.47
Total Current Liabilities	149.72	57.11	66.82	50	10.67
Long-Term Debt	-	0.26	3.06	7.74	7.36
Long-Term Unearned Revenue	3.52	-	-	-	-
Pension & Post-Retirement Benefits	7.23	7.48	3.95	4.17	1.42
Long-Term Deferred Tax Liabilities	-	-	-	12.78	-
Total Liabilities	160.46	64.85	73.84	74.68	19.44
Common Stock	661.16	661.16	802.55	555.87	93.75
Additional Paid-In Capital	131.24	131.24	100.27	69.45	7.65
Retained Earnings	201.92	191.63	-75.47	-163.75	54.94
Comprehensive Income & Other	13.49	22.49	25.71	15.83	13.25
Shareholders' Equity	1,008	1,007	853.06	477.4	169.59
Total Liabilities & Equity	1,168	1,071	926.9	552.09	189.03
Total Debt	15.2	2.81	32.24	25.72	10.45
Net Cash (Debt)	11.79	22.97	63.67	37	72.97
Net Cash Growth	-48.65%	-63.93%	72.08%	-49.29%	-
Net Cash Per Share	0.13	0.24	0.68	0.39	1.12
Filing Date Shares Outstanding	93.75	93.75	93.75	93.75	93.75
Total Common Shares Outstanding	93.75	93.75	93.75	93.75	93.75
Working Capital	102.99	155.21	143.12	98.25	87.83
Book Value Per Share	10.75	10.74	9.10	5.09	1.81
Tangible Book Value	1,008	1,007	853.06	477.4	169.59
Tangible Book Value Per Share	10.75	10.74	9.10	5.09	1.81
Land	62.1	64.48	53.72	34.75	7.3
Buildings	41.4	42.99	35.81	22.92	9.7
Machinery	28.64	26.69	17.69	11.53	1.35
Leasehold Improvements	0.44	0.44	0.34	0.23	0.08

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