IST:FRIGO Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	128.52	52.63	22.21	66.83	96.27
Trading Asset Securities	83.32	208.21	-	-	4.46
Cash & Short-Term Investments	211.84	260.84	22.21	66.83	100.73
Cash Growth	-18.79%	1074.20%	-66.76%	-33.65%	126.14%
Accounts Receivable	118.56	40.69	51.04	73.14	6.78
Other Receivables	38.73	136.59	34.98	50.64	9.85
Receivables	157.29	177.29	86.03	123.78	16.63
Inventory	644.7	698.17	535.18	442.33	127.21
Prepaid Expenses	252.85	22.62	181.92	3.7	9.13
Other Current Assets	45.91	14.34	17.4	20.15	14.23
Total Current Assets	1,313	1,173	842.74	656.8	267.93
Property, Plant & Equipment	1,222	715.55	554.84	405.06	146.3
Other Intangible Assets	0.66	0.04	0.47	0.66	0.03
Other Long-Term Assets	8.42	2.99	2.28	2.98	0.31
Total Assets	2,544	1,892	1,400	1,065	414.57
Accounts Payable	346.56	206.15	187.01	192.75	64.39
Accrued Expenses	37.24	30.28	23.47	14.39	4.31
Short-Term Debt	88.12	109.79	60.62	0.11	-
Current Portion of Long-Term Debt	-	-	8.9	8.3	4.02
Current Portion of Leases	128.79	22.59	63.92	2.71	0.39
Current Income Taxes Payable	-	-	-	8.9	-
Current Unearned Revenue	284.22	159.97	78.73	118.77	77.9
Other Current Liabilities	55.1	4.1	22.21	1.06	0.06
Total Current Liabilities	940.03	532.89	444.87	347	151.07
Long-Term Debt	2.52	-	3.64	12.45	12.07
Long-Term Leases	237.85	25.7	20.97	4.03	1.15
Pension & Post-Retirement Benefits	46.03	26.23	34.8	21.02	6.58
Long-Term Deferred Tax Liabilities	71.61	121.55	90.55	65.15	15.03
Total Liabilities	1,298	706.37	594.83	449.65	185.91
Common Stock	147.1	147.1	122.35	122.35	122.35
Additional Paid-In Capital	225.66	172.4	2.47	289.38	0.53
Retained Earnings	126.59	322.64	213.5	205.8	10.63
Comprehensive Income & Other	746.74	543.32	467.17	-1.69	95.16
Shareholders' Equity	1,246	1,185	805.49	615.84	228.66
Total Liabilities & Equity	2,544	1,892	1,400	1,065	414.57
Total Debt	457.28	158.08	158.06	27.6	17.64
Net Cash (Debt)	-245.44	102.76	-135.84	39.24	83.09
Net Cash Growth	-	-	-	-52.78%	175.75%
Net Cash Per Share	-	0.70	-1.11	0.32	0.68
Filing Date Shares Outstanding	-	147.1	122.35	122.35	122.35
Total Common Shares Outstanding	-	147.1	122.35	122.35	122.35
Working Capital	372.56	640.36	397.88	309.8	116.86
Book Value Per Share	-	8.06	6.58	5.03	1.87
Tangible Book Value	1,245	1,185	805.02	615.18	228.64
Tangible Book Value Per Share	-	8.06	6.58	5.03	1.87
Land	-	201.06	154.31	106.88	39.49
Buildings	-	109.85	64.02	40.69	14.96
Machinery	-	565.71	449.75	306.85	91.91
Construction In Progress	-	1.37	-	-	-
Leasehold Improvements	-	1.13	1.13	0.78	0.06

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