Formet Metal ve Cam Sanayi A.S. (IST:FORMT)

IST:FORMT Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	46.3	142.88	29.9	46.11	13.88
Cash & Short-Term Investments	46.3	142.88	29.9	46.11	13.88
Cash Growth	-67.59%	377.84%	-35.15%	232.26%	-7.74%
Accounts Receivable	339.66	299.49	208.93	88.23	76.82
Other Receivables	5.2	4.33	8.32	1.75	4.04
Receivables	344.86	303.81	217.25	89.98	80.86
Inventory	276.47	380.28	165.64	99.07	47.16
Prepaid Expenses	0.08	0.34	1.51	1.59	-
Other Current Assets	91.51	112.02	129.3	42.26	19.08
Total Current Assets	759.22	939.34	543.6	279	160.98
Property, Plant & Equipment	1,136	953.13	601.86	56.36	19.53
Other Intangible Assets	14.52	18.6	0.42	0.11	0.03
Long-Term Accounts Receivable	-	-	26.6	-	-
Long-Term Deferred Tax Assets	10.27	2.72	-	9.96	7.18
Other Long-Term Assets	-	-	12.04	2.14	2.25
Total Assets	1,920	1,914	1,185	347.57	189.97
Accounts Payable	132.86	172.92	204.28	64.47	57.47
Accrued Expenses	8.31	13.1	6.27	1.5	1.38
Short-Term Debt	78.51	47.31	34.47	2.26	21.31
Current Portion of Long-Term Debt	187.58	84.26	50.74	12	11.37
Current Portion of Leases	5.27	2.9	6.03	4.11	2.64
Current Income Taxes Payable	-	-	-	0.28	0.99
Current Unearned Revenue	188.83	106.35	89.34	18.89	10.08
Other Current Liabilities	18.2	6.74	14.92	3.23	1.42
Total Current Liabilities	619.57	433.58	406.05	106.74	106.65
Long-Term Debt	137.08	138.78	34.25	1.63	15.3
Long-Term Leases	12.83	4.91	8.47	8.77	8.92
Long-Term Deferred Tax Liabilities	-	-	23.55	-	-
Other Long-Term Liabilities	-	-	-	-	0.25
Total Liabilities	775.47	578.85	480.06	119.48	131.78
Common Stock	538.13	538.13	269.07	246	76
Additional Paid-In Capital	41.2	41.2	26.9	0	-
Retained Earnings	-800.47	-648.03	-360.87	-15.93	-16.99
Treasury Stock	-38.21	-1.63	-	-	-
Comprehensive Income & Other	1,404	1,405	769.36	-1.98	-0.82
Shareholders' Equity	1,144	1,335	704.46	228.09	58.19
Total Liabilities & Equity	1,920	1,914	1,185	347.57	189.97
Total Debt	421.28	278.16	133.96	28.78	59.53
Net Cash (Debt)	-374.98	-135.28	-104.06	17.32	-45.66
Net Cash Per Share	-0.70	-0.25	-0.50	0.09	-0.60
Filing Date Shares Outstanding	538.13	538.13	269.07	246	76
Total Common Shares Outstanding	538.13	538.13	269.07	246	76
Working Capital	139.65	505.75	137.55	172.26	54.32
Book Value Per Share	2.13	2.48	2.62	0.93	0.77
Tangible Book Value	1,130	1,316	704.04	227.98	58.16
Tangible Book Value Per Share	2.10	2.45	2.62	0.93	0.77
Land	215.37	215.37	176.32	-	-
Buildings	564.62	326.55	219.52	2.7	1.2
Machinery	411.97	252.11	155.61	54.27	17.33
Construction In Progress	-	192.69	44.02	-	-
Leasehold Improvements	47.83	47.24	31.65	5.35	3.08

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