Garanti Faktoring 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	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	903.09	165.02	245.36	109.08	152.94
Trading Asset Securities	0.05	0.04	0.03	0.02	0.02
Loans & Lease Receivables	32,223	12,948	11,464	9,456	4,146
Other Receivables	128.99	54.05	49.23	17.75	8.43
Property, Plant & Equipment	37.45	2.75	4.63	5.48	6.92
Other Intangible Assets	152.74	80.53	29.13	10.98	11.06
Other Current Assets	16.98	8.05	8.9	1.87	1.36
Long-Term Deferred Tax Assets	73.08	41.36	21.81	67.81	28.59
Other Long-Term Assets	0.53	0.37	0.14	0.63	0.4
Total Assets	33,536	13,300	11,823	9,670	4,356
Accrued Expenses	176.51	82.01	63.73	28.66	16.28
Short-Term Debt	27,663	9,746	2,096	526.6	601.97
Current Portion of Long-Term Debt	-	-	7,741	8,033	3,350
Current Portion of Leases	2.29	0.47	4.37	3.3	3
Long-Term Debt	-	-	49.51	270.37	-
Long-Term Leases	32.14	2.26	0.69	2.5	3.8
Long-Term Unearned Revenue	0.14	0.1	1.78	6.43	0.64
Current Income Taxes Payable	232.95	166.86	26.45	61.72	17.18
Other Current Liabilities	9.89	0.44	0.93	0.67	0.06
Pension & Post-Retirement Benefits	26.47	20.45	-	-	-
Other Long-Term Liabilities	89.44	109.23	104.2	44.56	17.92
Total Liabilities	28,233	10,128	10,089	8,978	4,011
Common Stock	397.5	397.5	79.5	79.5	79.5
Retained Earnings	4,913	2,783	1,663	617.94	267.2
Comprehensive Income & Other	-7.37	-8.14	-8.44	-5.36	-1.59
Shareholders' Equity	5,303	3,172	1,734	692.07	345.11
Total Liabilities & Equity	33,536	13,300	11,823	9,670	4,356
Total Debt	27,697	9,749	9,892	8,836	3,959
Net Cash (Debt)	-26,794	-9,584	-9,647	-8,727	-3,806
Net Cash Per Share	-67.41	-24.11	-24.27	-21.95	-9.57
Filing Date Shares Outstanding	397.5	397.5	397.5	397.5	397.5
Total Common Shares Outstanding	397.5	397.5	397.5	397.5	397.5
Working Capital	5,188	3,180	1,835	931.02	320.49
Book Value Per Share	13.34	7.98	4.36	1.74	0.87
Tangible Book Value	5,151	3,092	1,705	681.1	334.05
Tangible Book Value Per Share	12.96	7.78	4.29	1.71	0.84

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