IST:FRIGO 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	84.84	52.63	22.21	66.83	96.27	44.54
Trading Asset Securities	48.52	208.21	-	-	4.46	-
Cash & Short-Term Investments	133.36	260.84	22.21	66.83	100.73	44.54
Cash Growth	-57.90%	1074.20%	-66.76%	-33.65%	126.14%	3330.12%
Accounts Receivable	75.97	40.69	51.04	73.14	6.78	3.22
Other Receivables	103.98	136.59	34.98	50.64	9.85	4.37
Receivables	179.95	177.29	86.03	123.78	16.63	7.59
Inventory	495.57	698.17	535.18	442.33	127.21	54.61
Prepaid Expenses	7.95	22.62	181.92	3.7	9.13	2.09
Other Current Assets	26.49	14.34	17.4	20.15	14.23	3.81
Total Current Assets	843.32	1,173	842.74	656.8	267.93	112.64
Property, Plant & Equipment	1,112	715.55	554.84	405.06	146.3	42.39
Other Intangible Assets	0.66	0.04	0.47	0.66	0.03	0.05
Other Long-Term Assets	2.62	2.99	2.28	2.98	0.31	0.1
Total Assets	1,958	1,892	1,400	1,065	414.57	155.17
Accounts Payable	101.7	206.15	187.01	192.75	64.39	32.77
Accrued Expenses	21.68	30.28	23.47	14.39	4.31	3.39
Short-Term Debt	0.34	109.79	60.62	0.11	-	-
Current Portion of Long-Term Debt	32.97	-	8.9	8.3	4.02	2.22
Current Portion of Leases	116.03	22.59	63.92	2.71	0.39	0.99
Current Income Taxes Payable	-	-	-	8.9	-	5.35
Current Unearned Revenue	149.25	159.97	78.73	118.77	77.9	36.67
Other Current Liabilities	1.66	4.1	22.21	1.06	0.06	0.06
Total Current Liabilities	423.62	532.89	444.87	347	151.07	81.44
Long-Term Debt	6	-	3.64	12.45	12.07	9.97
Long-Term Leases	227.34	25.7	20.97	4.03	1.15	1.24
Pension & Post-Retirement Benefits	41.69	26.23	34.8	21.02	6.58	3.04
Long-Term Deferred Tax Liabilities	140.97	121.55	90.55	65.15	15.03	2.54
Other Long-Term Liabilities	-	-	-	-	-	2.34
Total Liabilities	839.63	706.37	594.83	449.65	185.91	100.56
Common Stock	147.1	147.1	122.35	122.35	122.35	11.1
Additional Paid-In Capital	216.25	172.4	2.47	289.38	0.53	0.02
Retained Earnings	45.21	322.64	213.5	205.8	10.63	20.35
Comprehensive Income & Other	710.3	543.32	467.17	-1.69	95.16	23.14
Shareholders' Equity	1,119	1,185	805.49	615.84	228.66	54.61
Total Liabilities & Equity	1,958	1,892	1,400	1,065	414.57	155.17
Total Debt	382.68	158.08	158.06	27.6	17.64	14.41
Net Cash (Debt)	-249.32	102.76	-135.84	39.24	83.09	30.13
Net Cash Growth	-	-	-	-52.78%	175.75%	-
Net Cash Per Share	-1.69	0.70	-1.11	0.32	0.68	1.08
Filing Date Shares Outstanding	147.1	147.1	122.35	122.35	122.35	28
Total Common Shares Outstanding	147.1	147.1	122.35	122.35	122.35	28
Working Capital	419.7	640.36	397.88	309.8	116.86	31.2
Book Value Per Share	7.61	8.06	6.58	5.03	1.87	1.95
Tangible Book Value	1,118	1,185	805.02	615.18	228.64	54.56
Tangible Book Value Per Share	7.60	8.06	6.58	5.03	1.87	1.95
Land	252.18	201.06	154.31	106.88	39.49	15.79
Buildings	138.21	109.85	64.02	40.69	14.96	13.65
Machinery	745.46	565.71	449.75	306.85	91.91	33.57
Construction In Progress	0.96	1.37	-	-	-	-
Leasehold Improvements	20.16	1.13	1.13	0.78	0.06	0.06

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