IST:FORMT Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	76.15	129.03	60.6	142.88	29.9	46.11
Cash & Short-Term Investments	76.15	129.03	60.6	142.88	29.9	46.11
Cash Growth	39.35%	112.91%	-57.58%	377.84%	-35.15%	232.26%
Accounts Receivable	-	419.9	444.59	299.49	208.93	88.23
Other Receivables	-	2.6	4.24	4.33	8.32	1.75
Receivables	-	422.5	448.83	303.81	217.25	89.98
Inventory	-	265.48	361.88	380.28	165.64	99.07
Prepaid Expenses	-	0.79	2.67	0.34	1.51	1.59
Other Current Assets	874.83	91.26	119.78	112.02	129.3	42.26
Total Current Assets	950.99	909.07	993.76	939.34	543.6	279
Property, Plant & Equipment	-	1,874	1,487	953.13	601.86	56.36
Other Intangible Assets	-	13.81	19	18.6	0.42	0.11
Long-Term Accounts Receivable	-	-	-	-	26.6	-
Long-Term Deferred Tax Assets	-	-	13.45	2.72	-	9.96
Other Long-Term Assets	2,056	-	-	-	12.04	2.14
Total Assets	3,007	2,797	2,513	1,914	1,185	347.57
Accounts Payable	-	155.21	173.9	172.92	204.28	64.47
Accrued Expenses	-	6.74	3.14	13.1	6.27	1.5
Short-Term Debt	-	23.63	102.77	47.31	34.47	2.26
Current Portion of Long-Term Debt	-	131.58	245.53	84.26	50.74	12
Current Portion of Leases	-	4.15	6.9	2.9	6.03	4.11
Current Income Taxes Payable	-	4.08	4.58	-	-	0.28
Current Unearned Revenue	-	157.87	247.16	106.35	89.34	18.89
Other Current Liabilities	567.54	22.17	26.99	6.74	14.92	3.23
Total Current Liabilities	567.54	505.43	810.97	433.58	406.05	106.74
Long-Term Debt	-	66.54	179.42	138.78	34.25	1.63
Long-Term Leases	-	3.68	16.79	4.91	8.47	8.77
Pension & Post-Retirement Benefits	-	11.54	7.85	1.57	7.75	2.33
Long-Term Deferred Tax Liabilities	-	99.32	-	-	23.55	-
Other Long-Term Liabilities	214.45	-	-	-	-	-
Total Liabilities	781.99	686.5	1,015	578.85	480.06	119.48
Common Stock	2,225	1,076	538.13	538.13	269.07	246
Additional Paid-In Capital	-	58.17	53.93	41.2	26.9	0
Retained Earnings	-	-1,156	-1,048	-648.03	-360.87	-15.93
Treasury Stock	-	-	-50.01	-1.63	-	-
Comprehensive Income & Other	-	2,132	2,004	1,405	769.36	-1.98
Shareholders' Equity	2,225	2,111	1,498	1,335	704.46	228.09
Total Liabilities & Equity	3,007	2,797	2,513	1,914	1,185	347.57
Total Debt	-	229.58	551.42	278.16	133.96	28.78
Net Cash (Debt)	76.15	-100.54	-490.82	-135.28	-104.06	17.32
Net Cash Per Share	0.07	-0.09	-0.91	-0.25	-0.50	0.09
Filing Date Shares Outstanding	1,076	1,076	538.13	538.13	269.07	246
Total Common Shares Outstanding	1,076	1,076	538.13	538.13	269.07	246
Working Capital	383.45	403.64	182.79	505.75	137.55	172.26
Book Value Per Share	2.07	1.96	2.78	2.48	2.62	0.93
Tangible Book Value	2,225	2,097	1,479	1,316	704.04	227.98
Tangible Book Value Per Share	2.07	1.95	2.75	2.45	2.62	0.93
Land	-	281.91	281.91	215.37	176.32	-
Buildings	-	1,082	739.05	326.55	219.52	2.7
Machinery	-	651.23	539.23	252.11	155.61	54.27
Construction In Progress	-	6.33	-	192.69	44.02	-
Leasehold Improvements	-	62.61	62.61	47.24	31.65	5.35