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	69.22	22.21	66.83	96.27
Trading Asset Securities	83.32	272.88	-	-	4.46
Cash & Short-Term Investments	211.84	342.1	22.21	66.83	100.73
Cash Growth	-38.08%	1440.02%	-66.76%	-33.65%	126.14%
Accounts Receivable	118.56	53.27	51.04	73.14	6.78
Other Receivables	36.78	178.79	34.98	50.64	9.85
Receivables	155.33	232.05	86.03	123.78	16.63
Inventory	894.29	913.85	535.18	442.33	127.21
Prepaid Expenses	5.21	29.62	181.92	3.7	9.13
Other Current Assets	45.91	20.52	17.4	20.15	14.23
Total Current Assets	1,313	1,538	842.74	656.8	267.93
Property, Plant & Equipment	1,222	943.65	554.84	405.06	146.3
Other Intangible Assets	0.66	0.06	0.47	0.66	0.03
Other Long-Term Assets	8.42	3.92	2.28	2.98	0.31
Total Assets	2,544	2,486	1,400	1,065	414.57
Accounts Payable	346.56	270.04	187.01	192.75	64.39
Accrued Expenses	41.08	39.96	23.47	14.39	4.31
Short-Term Debt	0.65	143.71	60.62	0.11	-
Current Portion of Long-Term Debt	87.47	-	8.9	8.3	4.02
Current Portion of Leases	128.79	29.57	63.92	2.71	0.39
Current Income Taxes Payable	0.01	-	-	8.9	-
Current Unearned Revenue	284.22	209.39	78.73	118.77	77.9
Other Current Liabilities	51.25	9.97	22.21	1.06	0.06
Total Current Liabilities	940.03	702.64	444.87	347	151.07
Long-Term Debt	2.52	-	3.64	12.45	12.07
Long-Term Leases	237.85	33.64	20.97	4.03	1.15
Pension & Post-Retirement Benefits	46.03	34.33	34.8	21.02	6.58
Long-Term Deferred Tax Liabilities	71.61	159.17	90.55	65.15	15.03
Total Liabilities	1,298	929.79	594.83	449.65	185.91
Common Stock	147.1	147.1	122.35	122.35	122.35
Additional Paid-In Capital	225.66	225.66	2.47	289.38	0.53
Retained Earnings	123.53	420.04	213.5	205.8	10.63
Comprehensive Income & Other	749.8	763.18	467.17	-1.69	95.16
Shareholders' Equity	1,246	1,556	805.49	615.84	228.66
Total Liabilities & Equity	2,544	2,486	1,400	1,065	414.57
Total Debt	457.28	206.92	158.06	27.6	17.64
Net Cash (Debt)	-245.44	135.18	-135.84	39.24	83.09
Net Cash Growth	-	-	-	-52.78%	175.75%
Net Cash Per Share	-1.67	0.92	-1.11	0.32	0.68
Filing Date Shares Outstanding	147.1	147.1	122.35	122.35	122.35
Total Common Shares Outstanding	147.1	147.1	122.35	122.35	122.35
Working Capital	372.56	835.52	397.88	309.8	116.86
Book Value Per Share	8.47	10.58	6.58	5.03	1.87
Tangible Book Value	1,245	1,556	805.02	615.18	228.64
Tangible Book Value Per Share	8.47	10.58	6.58	5.03	1.87
Land	263.17	263.17	154.31	106.88	39.49
Buildings	145.56	143.79	64.02	40.69	14.96
Machinery	817.3	747.83	449.75	306.85	91.91
Construction In Progress	13.24	1.8	-	-	-
Leasehold Improvements	43.68	1.48	1.13	0.78	0.06

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