IST:FORTE Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	106.05	336.62	90.86	27.56	55.16
Short-Term Investments	-	62.69	-	-	-
Cash & Short-Term Investments	106.05	399.31	90.86	27.56	55.16
Cash Growth	-73.44%	339.48%	229.71%	-50.04%	-
Accounts Receivable	604.02	340.37	313.34	114.84	83.38
Other Receivables	9.65	-	1.02	0.37	9.79
Receivables	613.68	340.37	314.36	115.21	93.17
Inventory	111.96	258.78	173.66	28.17	32.15
Prepaid Expenses	13.2	13.35	4.12	0.41	0.42
Other Current Assets	43.17	24.99	25.84	6.94	1.44
Total Current Assets	888.06	1,037	608.84	178.29	182.33
Property, Plant & Equipment	122.21	57.42	15.68	2.52	2.4
Long-Term Investments	11.98	1.02	0.13	-	-
Other Intangible Assets	321.75	180.81	71.8	11.28	4.84
Long-Term Deferred Tax Assets	-	-	-	1.87	0.75
Other Long-Term Assets	55.43	58.9	1.84	0.29	5.34
Total Assets	1,399	1,335	698.3	194.25	195.66
Accounts Payable	458.85	285.64	214.39	107.77	105.92
Accrued Expenses	26.7	27.15	15.54	3.2	6.16
Short-Term Debt	0.54	68.1	156.85	0.13	0.05
Current Portion of Long-Term Debt	76.25	18.43	-	-	-
Current Portion of Leases	5.2	2.24	3.55	0.69	0.48
Current Income Taxes Payable	4.25	25.94	10.04	3.45	5.22
Current Unearned Revenue	4.45	14.07	0.73	1.25	0.03
Other Current Liabilities	1.49	1.78	3.37	0.53	7.91
Total Current Liabilities	577.74	443.35	404.47	117.01	125.77
Long-Term Debt	29.45	17.58	-	-	-
Long-Term Leases	0.26	0.76	2.46	0.29	0.41
Long-Term Unearned Revenue	-	0.42	0.99	-	2.19
Long-Term Deferred Tax Liabilities	0.21	1.37	3.15	-	-
Other Long-Term Liabilities	15.58	12.15	11.82	3.21	4.73
Total Liabilities	627.87	478.81	424.75	121.35	133.71
Common Stock	67	67	45	45	2.4
Additional Paid-In Capital	461.93	461.93	-	-	-
Retained Earnings	33.83	124.32	116.73	27.93	50.29
Comprehensive Income & Other	202.73	202.89	111.82	-0.03	-0.01
Total Common Equity	765.49	856.14	273.55	72.9	52.68
Minority Interest	6.06	-	-	-	9.28
Shareholders' Equity	771.55	856.14	273.55	72.9	61.96
Total Liabilities & Equity	1,399	1,335	698.3	194.25	195.66
Total Debt	111.7	107.11	162.87	1.11	0.93
Net Cash (Debt)	-5.65	292.2	-72.01	26.45	54.23
Net Cash Growth	-	-	-	-51.23%	-
Net Cash Per Share	-0.08	5.51	-1.60	1.91	22.60
Filing Date Shares Outstanding	67	67	67	13.84	2.4
Total Common Shares Outstanding	67	67	45	13.84	2.4
Working Capital	310.32	593.45	204.38	61.28	56.55
Book Value Per Share	11.43	12.78	6.08	5.27	21.95
Tangible Book Value	443.75	675.33	201.75	61.62	47.84
Tangible Book Value Per Share	6.62	10.08	4.48	4.45	19.93
Machinery	134.67	64.42	14.13	2.3	1.93
Leasehold Improvements	9.6	6.41	4.24	0.7	0.65

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