Formul Plastik A.S. 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	82.71	37.61	65.47	122.76
Trading Asset Securities	-	-	0.2	-
Cash & Short-Term Investments	82.71	37.61	65.67	122.76
Cash Growth	-	-42.73%	-46.50%	-
Accounts Receivable	1,463	1,017	1,324	1,726
Other Receivables	6.15	3.17	15.48	26.21
Receivables	1,469	1,020	1,340	1,752
Inventory	1,319	1,048	1,047	821.43
Prepaid Expenses	2.67	3.97	4.83	2.15
Other Current Assets	85.97	69.83	80.38	80.36
Total Current Assets	2,959	2,179	2,538	2,779
Property, Plant & Equipment	782.3	840.31	769.18	742.45
Other Intangible Assets	6.46	7.34	6.71	6.86
Other Long-Term Assets	518.18	517.89	225.64	85.45
Total Assets	4,266	3,545	3,539	3,614
Accounts Payable	386.74	236.05	236.79	237.46
Accrued Expenses	56.2	50.68	37.4	15.71
Short-Term Debt	791.21	373.08	181.58	336.74
Current Portion of Long-Term Debt	176.72	392.9	171.85	191.96
Current Income Taxes Payable	9.84	2.09	44.26	16.81
Current Unearned Revenue	367.53	179.95	575.78	775.2
Other Current Liabilities	0.13	0.16	0.23	16.53
Total Current Liabilities	1,799	1,235	1,248	1,590
Long-Term Debt	30.27	20.94	26.23	60.62
Long-Term Leases	1.65	8.09	4.92	16.3
Long-Term Deferred Tax Liabilities	136.39	85.37	218.61	211.14
Other Long-Term Liabilities	26.08	34.62	22.37	13.79
Total Liabilities	1,994	1,384	1,520	1,892
Common Stock	130	130	130	80
Retained Earnings	1,554	1,437	1,277	1,081
Comprehensive Income & Other	587.9	593.94	611.97	560.16
Shareholders' Equity	2,272	2,161	2,019	1,722
Total Liabilities & Equity	4,266	3,545	3,539	3,614
Total Debt	1,011	795.02	384.59	605.62
Net Cash (Debt)	-928.02	-757.41	-318.91	-482.86
Net Cash Per Share	-7.14	-5.83	-2.45	-6.04
Filing Date Shares Outstanding	130	130	130	80
Total Common Shares Outstanding	130	130	130	80
Working Capital	1,160	944.57	1,290	1,189
Book Value Per Share	17.48	16.62	15.53	21.52
Tangible Book Value	2,266	2,154	2,013	1,715
Tangible Book Value Per Share	17.43	16.57	15.48	21.43
Land	68.28	68.28	68.14	68.14
Buildings	273.89	255.68	241.87	242.42
Machinery	1,104	1,052	908.95	811.13
Construction In Progress	38.24	78.11	58.45	41.75
Leasehold Improvements	13.09	13.09	13.09	13.09

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