IST:FORMT 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	249.69	46.3	142.88	29.9	46.11	13.88
Cash & Short-Term Investments	249.69	46.3	142.88	29.9	46.11	13.88
Cash Growth	702.73%	-67.59%	377.84%	-35.15%	232.26%	-7.74%
Accounts Receivable	301.71	339.66	299.49	208.93	88.23	76.82
Other Receivables	2.05	5.2	4.33	8.32	1.75	4.04
Receivables	303.77	344.86	303.81	217.25	89.98	80.86
Inventory	288.34	276.47	380.28	165.64	99.07	47.16
Prepaid Expenses	0.24	0.08	0.34	1.51	1.59	-
Other Current Assets	100.62	91.51	112.02	129.3	42.26	19.08
Total Current Assets	942.66	759.22	939.34	543.6	279	160.98
Property, Plant & Equipment	1,465	1,136	953.13	601.86	56.36	19.53
Other Intangible Assets	14.59	14.52	18.6	0.42	0.11	0.03
Long-Term Accounts Receivable	-	-	-	26.6	-	-
Long-Term Deferred Tax Assets	129.92	10.27	2.72	-	9.96	7.18
Other Long-Term Assets	-	-	-	12.04	2.14	2.25
Total Assets	2,552	1,920	1,914	1,185	347.57	189.97
Accounts Payable	151.85	132.86	172.92	204.28	64.47	57.47
Accrued Expenses	11.5	8.31	13.1	6.27	1.5	1.38
Short-Term Debt	22.91	78.51	47.31	34.47	2.26	21.31
Current Portion of Long-Term Debt	170.36	187.58	84.26	50.74	12	11.37
Current Portion of Leases	4.86	5.27	2.9	6.03	4.11	2.64
Current Income Taxes Payable	-	-	-	-	0.28	0.99
Current Unearned Revenue	51.61	188.83	106.35	89.34	18.89	10.08
Other Current Liabilities	22.17	18.2	6.74	14.92	3.23	1.42
Total Current Liabilities	435.27	619.57	433.58	406.05	106.74	106.65
Long-Term Debt	83.11	137.08	138.78	34.25	1.63	15.3
Long-Term Leases	4.12	12.83	4.91	8.47	8.77	8.92
Pension & Post-Retirement Benefits	10.18	6	1.57	7.75	2.33	0.66
Long-Term Deferred Tax Liabilities	-	-	-	23.55	-	-
Other Long-Term Liabilities	17.99	-	-	-	-	0.25
Total Liabilities	550.66	775.47	578.85	480.06	119.48	131.78
Common Stock	1,076	538.13	538.13	269.07	246	76
Additional Paid-In Capital	55.74	41.2	41.2	26.9	0	-
Retained Earnings	-1,129	-800.47	-648.03	-360.87	-15.93	-16.99
Treasury Stock	-	-38.21	-1.63	-	-	-
Comprehensive Income & Other	1,999	1,404	1,405	769.36	-1.98	-0.82
Shareholders' Equity	2,001	1,144	1,335	704.46	228.09	58.19
Total Liabilities & Equity	2,552	1,920	1,914	1,185	347.57	189.97
Total Debt	285.37	421.28	278.16	133.96	28.78	59.53
Net Cash (Debt)	-35.68	-374.98	-135.28	-104.06	17.32	-45.66
Net Cash Per Share	-0.04	-0.70	-0.25	-0.50	0.09	-0.60
Filing Date Shares Outstanding	1,076	538.13	538.13	269.07	246	76
Total Common Shares Outstanding	1,076	538.13	538.13	269.07	246	76
Working Capital	507.39	139.65	505.75	137.55	172.26	54.32
Book Value Per Share	1.86	2.13	2.48	2.62	0.93	0.77
Tangible Book Value	1,987	1,130	1,316	704.04	227.98	58.16
Tangible Book Value Per Share	1.85	2.10	2.45	2.62	0.93	0.77
Land	270.14	215.37	215.37	176.32	-	-
Buildings	653.85	564.62	326.55	219.52	2.7	1.2
Machinery	638.7	411.97	252.11	155.61	54.27	17.33
Construction In Progress	-	-	192.69	44.02	-	-
Leasehold Improvements	60	47.83	47.24	31.65	5.35	3.08

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