IST:GEDZA 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	167.71	151.59	139.66	57.99	83.44
Short-Term Investments	112.37	3.09	10.52	6.29	1.08
Cash & Short-Term Investments	280.08	154.68	150.18	64.28	84.53
Cash Growth	81.07%	2.99%	133.63%	-23.95%	20.52%
Accounts Receivable	295.05	169.15	203.98	119.49	36.35
Other Receivables	14.29	6.45	0.21	1.78	0.53
Receivables	309.35	175.6	204.19	121.27	36.88
Inventory	224.8	185.52	173.75	130.85	27.96
Prepaid Expenses	5.91	2.4	33.04	15.35	0.09
Other Current Assets	7.21	5.48	12	10.87	16.67
Total Current Assets	827.34	523.68	573.15	342.62	166.13
Property, Plant & Equipment	558.32	443.05	451.07	287.29	39.49
Long-Term Investments	4.52	3.45	3.45	2.39	0.27
Goodwill	-	17.04	17.04	11.81	2.1
Other Intangible Assets	22.31	-	-	-	-
Long-Term Deferred Tax Assets	85.41	80.28	84.26	-	-
Other Long-Term Assets	91.59	66.25	53.02	48.62	10.69
Total Assets	1,589	1,134	1,182	692.73	218.68
Accounts Payable	142.66	40.94	48.59	14.97	10.17
Accrued Expenses	14.06	12.39	30.06	4.41	4.01
Short-Term Debt	-	0.97	15.51	45.86	25.16
Current Portion of Long-Term Debt	29.34	50.1	21.9	-	-
Current Income Taxes Payable	12.36	-	31.38	26.46	7.83
Current Unearned Revenue	2.29	0.59	0.15	0.42	0.18
Other Current Liabilities	12.5	0.73	0.93	0.32	0.46
Total Current Liabilities	213.21	105.72	148.52	92.45	47.81
Long-Term Debt	-	18.92	18.78	-	-
Pension & Post-Retirement Benefits	11.95	11.6	10.88	8.98	2.58
Long-Term Deferred Tax Liabilities	157.69	92.07	103.5	54.59	2
Total Liabilities	382.85	228.32	281.68	156.02	52.39
Common Stock	46.66	46.66	46.66	23.33	23.33
Retained Earnings	725.85	542.05	535.37	323.67	108.76
Treasury Stock	-4.49	-2.58	-2.58	-1.78	-0.27
Comprehensive Income & Other	306.87	224.12	223.76	136.97	17.42
Total Common Equity	1,075	810.24	803.21	482.18	149.23
Minority Interest	131.75	95.19	97.11	54.53	17.05
Shareholders' Equity	1,207	905.43	900.32	536.71	166.29
Total Liabilities & Equity	1,589	1,134	1,182	692.73	218.68
Total Debt	29.34	70	56.2	45.86	25.16
Net Cash (Debt)	250.74	84.68	93.98	18.42	59.37
Net Cash Growth	196.11%	-9.90%	410.33%	-68.98%	66.47%
Net Cash Per Share	-	1.81	2.01	0.39	1.27
Filing Date Shares Outstanding	-	46.66	46.66	46.66	46.66
Total Common Shares Outstanding	-	46.66	46.66	46.66	46.66
Working Capital	614.13	417.95	424.63	250.17	118.32
Book Value Per Share	-	17.37	17.22	10.33	3.20
Tangible Book Value	1,053	793.2	786.17	470.37	147.13
Tangible Book Value Per Share	-	17.00	16.85	10.08	3.15
Land	-	27.4	42.16	29.2	4.08
Buildings	-	69.12	66.11	44.61	6.76
Machinery	-	424.95	292.71	184.16	27.89
Construction In Progress	-	186.51	277.24	168.89	18.3

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