Formul Plastik A.S. 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	36.53	39.25	65.47	122.76
Trading Asset Securities	-	-	0.2	-
Cash & Short-Term Investments	36.53	39.25	65.67	122.76
Cash Growth	-6.94%	-40.24%	-46.50%	-
Accounts Receivable	1,805	1,061	1,324	1,726
Other Receivables	9.14	3.31	15.48	26.21
Receivables	1,814	1,064	1,340	1,752
Inventory	1,280	1,094	1,047	821.43
Prepaid Expenses	4.04	4.14	4.83	2.15
Other Current Assets	93.03	72.87	80.38	80.36
Total Current Assets	3,228	2,274	2,538	2,779
Property, Plant & Equipment	807.38	876.9	769.18	742.45
Other Intangible Assets	7.08	7.66	6.71	6.86
Other Long-Term Assets	550.34	540.44	225.64	85.45
Total Assets	4,593	3,699	3,539	3,614
Accounts Payable	492.36	246.33	236.79	237.46
Accrued Expenses	55.78	52.88	37.4	15.71
Short-Term Debt	797.89	375.53	181.58	336.74
Current Portion of Long-Term Debt	139.07	410.01	171.85	191.96
Current Portion of Leases	11.02	13.8	-	-
Current Income Taxes Payable	7.12	2.18	44.26	16.81
Current Unearned Revenue	580.16	187.78	575.78	775.2
Other Current Liabilities	0.15	0.16	0.23	16.53
Total Current Liabilities	2,084	1,289	1,248	1,590
Long-Term Debt	5.65	21.86	26.23	60.62
Long-Term Leases	-	8.45	4.92	16.3
Long-Term Deferred Tax Liabilities	72.08	89.09	218.61	211.14
Other Long-Term Liabilities	28.85	36.13	22.37	13.79
Total Liabilities	2,190	1,444	1,520	1,892
Common Stock	130	130	130	80
Retained Earnings	1,663	1,500	1,277	1,081
Comprehensive Income & Other	610.08	625.47	611.97	560.16
Shareholders' Equity	2,403	2,255	2,019	1,722
Total Liabilities & Equity	4,593	3,699	3,539	3,614
Total Debt	953.64	829.64	384.59	605.62
Net Cash (Debt)	-917.11	-790.39	-318.91	-482.86
Net Cash Per Share	-7.05	-6.08	-2.45	-6.04
Filing Date Shares Outstanding	130	130	130	80
Total Common Shares Outstanding	130	130	130	80
Working Capital	1,144	985.71	1,290	1,189
Book Value Per Share	18.48	17.35	15.53	21.52
Tangible Book Value	2,396	2,248	2,013	1,715
Tangible Book Value Per Share	18.43	17.29	15.48	21.43
Land	71.25	71.25	68.14	68.14
Buildings	285.81	266.82	241.87	242.42
Machinery	1,178	1,098	908.95	811.13
Construction In Progress	36.94	81.51	58.45	41.75
Leasehold Improvements	13.73	13.66	13.09	13.09

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