IST:FRIGO 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	24.92	128.52	69.22	22.21	66.83	96.27
Trading Asset Securities	100	83.32	272.88	-	-	4.46
Cash & Short-Term Investments	124.92	211.84	342.1	22.21	66.83	100.73
Cash Growth	-68.32%	-38.08%	1440.02%	-66.76%	-33.65%	126.14%
Accounts Receivable	104.5	118.56	53.27	51.04	73.14	6.78
Other Receivables	40.14	36.78	178.79	34.98	50.64	9.85
Receivables	144.64	155.33	232.05	86.03	123.78	16.63
Inventory	1,108	894.29	913.85	535.18	442.33	127.21
Prepaid Expenses	20.95	5.21	29.62	181.92	3.7	9.13
Other Current Assets	52.83	45.91	20.52	17.4	20.15	14.23
Total Current Assets	1,451	1,313	1,538	842.74	656.8	267.93
Property, Plant & Equipment	1,373	1,222	943.65	554.84	405.06	146.3
Other Intangible Assets	0.72	0.66	0.06	0.47	0.66	0.03
Other Long-Term Assets	10.54	8.42	3.92	2.28	2.98	0.31
Total Assets	2,835	2,544	2,486	1,400	1,065	414.57
Accounts Payable	360.4	346.56	270.04	187.01	192.75	64.39
Accrued Expenses	42.23	41.08	39.96	23.47	14.39	4.31
Short-Term Debt	0.61	0.65	143.71	60.62	0.11	-
Current Portion of Long-Term Debt	22.57	87.47	-	8.9	8.3	4.02
Current Portion of Leases	142.28	128.79	29.57	63.92	2.71	0.39
Current Income Taxes Payable	-	0.01	-	-	8.9	-
Current Unearned Revenue	310.29	284.22	209.39	78.73	118.77	77.9
Other Current Liabilities	11.08	51.25	9.97	22.21	1.06	0.06
Total Current Liabilities	889.47	940.03	702.64	444.87	347	151.07
Long-Term Debt	58.96	2.52	-	3.64	12.45	12.07
Long-Term Leases	234.35	237.85	33.64	20.97	4.03	1.15
Pension & Post-Retirement Benefits	56.64	46.03	34.33	34.8	21.02	6.58
Long-Term Deferred Tax Liabilities	182.52	71.61	159.17	90.55	65.15	15.03
Total Liabilities	1,422	1,298	929.79	594.83	449.65	185.91
Common Stock	294.2	147.1	147.1	122.35	122.35	122.35
Additional Paid-In Capital	249.54	225.66	225.66	2.47	289.38	0.53
Retained Earnings	34.75	123.53	420.04	213.5	205.8	10.63
Comprehensive Income & Other	834.82	749.8	763.18	467.17	-1.69	95.16
Shareholders' Equity	1,413	1,246	1,556	805.49	615.84	228.66
Total Liabilities & Equity	2,835	2,544	2,486	1,400	1,065	414.57
Total Debt	458.77	457.28	206.92	158.06	27.6	17.64
Net Cash (Debt)	-333.85	-245.44	135.18	-135.84	39.24	83.09
Net Cash Growth	-	-	-	-	-52.78%	175.75%
Net Cash Per Share	-0.39	-0.58	0.32	-0.38	0.11	0.24
Filing Date Shares Outstanding	850	425	425	353.49	353.49	353.49
Total Common Shares Outstanding	850	425	425	353.49	353.49	353.49
Working Capital	561.78	372.56	835.52	397.88	309.8	116.86
Book Value Per Share	1.66	2.93	3.66	2.28	1.74	0.65
Tangible Book Value	1,413	1,245	1,556	805.02	615.18	228.64
Tangible Book Value Per Share	1.66	2.93	3.66	2.28	1.74	0.65
Land	289.59	263.17	263.17	154.31	106.88	39.49
Buildings	160.18	145.56	143.79	64.02	40.69	14.96
Machinery	862.77	817.3	747.83	449.75	306.85	91.91
Construction In Progress	47.42	13.24	1.8	-	-	-
Leasehold Improvements	66.24	43.68	1.48	1.13	0.78	0.06