IST:GEDZA 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	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	244.74	151.59	139.66	57.99	83.44	65.56
Short-Term Investments	3.6	3.09	10.52	6.29	1.08	4.57
Cash & Short-Term Investments	248.34	154.68	150.18	64.28	84.53	70.13
Cash Growth	70.10%	2.99%	133.63%	-23.95%	20.52%	92.53%
Accounts Receivable	325.36	169.15	203.98	119.49	36.35	32.41
Other Receivables	6.94	6.45	0.21	1.78	0.53	7.97
Receivables	332.3	175.6	204.19	121.27	36.88	40.38
Inventory	241.39	185.52	173.75	130.85	27.96	15.82
Prepaid Expenses	6.37	2.4	33.04	15.35	0.09	0.16
Other Current Assets	12.03	5.48	12	10.87	16.67	0.13
Total Current Assets	840.44	523.68	573.15	342.62	166.13	126.62
Property, Plant & Equipment	545.9	443.05	451.07	287.29	39.49	23.42
Long-Term Investments	4.33	3.45	3.45	2.39	0.27	0.27
Goodwill	21.38	17.04	17.04	11.81	2.1	2.1
Long-Term Deferred Tax Assets	88.39	80.28	84.26	-	-	-
Other Long-Term Assets	88.24	66.25	53.02	48.62	10.69	2.85
Total Assets	1,589	1,134	1,182	692.73	218.68	155.26
Accounts Payable	184.06	40.94	48.59	14.97	10.17	3.18
Accrued Expenses	14.38	12.39	30.06	4.41	4.01	3.23
Short-Term Debt	1.19	0.97	15.51	45.86	25.16	34.47
Current Portion of Long-Term Debt	44.81	50.1	21.9	-	-	-
Current Income Taxes Payable	22.27	-	31.38	26.46	7.83	7.72
Current Unearned Revenue	1.59	0.59	0.15	0.42	0.18	0.03
Other Current Liabilities	0.87	0.73	0.93	0.32	0.46	0.46
Total Current Liabilities	269.17	105.72	148.52	92.45	47.81	49.22
Long-Term Debt	-	18.92	18.78	-	-	-
Pension & Post-Retirement Benefits	10.64	11.6	10.88	8.98	2.58	1.75
Long-Term Deferred Tax Liabilities	130.37	92.07	103.5	54.59	2	2.6
Total Liabilities	410.18	228.32	281.68	156.02	52.39	53.58
Common Stock	46.66	46.66	46.66	23.33	23.33	11.66
Retained Earnings	720.91	542.05	535.37	323.67	108.76	62.35
Treasury Stock	-3.81	-2.58	-2.58	-1.78	-0.27	-0.27
Comprehensive Income & Other	289.22	224.12	223.76	136.97	17.42	17.58
Total Common Equity	1,053	810.24	803.21	482.18	149.23	91.32
Minority Interest	125.53	95.19	97.11	54.53	17.05	10.36
Shareholders' Equity	1,179	905.43	900.32	536.71	166.29	101.68
Total Liabilities & Equity	1,589	1,134	1,182	692.73	218.68	155.26
Total Debt	46	70	56.2	45.86	25.16	34.47
Net Cash (Debt)	202.35	84.68	93.98	18.42	59.37	35.66
Net Cash Growth	238.40%	-9.90%	410.33%	-68.98%	66.47%	119.52%
Net Cash Per Share	4.34	1.81	2.01	0.39	1.27	0.76
Filing Date Shares Outstanding	46.66	46.66	46.66	46.66	46.66	46.66
Total Common Shares Outstanding	46.66	46.66	46.66	46.66	46.66	46.66
Working Capital	571.27	417.95	424.63	250.17	118.32	77.39
Book Value Per Share	22.57	17.37	17.22	10.33	3.20	1.96
Tangible Book Value	1,032	793.2	786.17	470.37	147.13	89.22
Tangible Book Value Per Share	22.11	17.00	16.85	10.08	3.15	1.91
Land	34.36	27.4	42.16	29.2	4.08	4.08
Buildings	86.69	69.12	66.11	44.61	6.76	6.69
Machinery	538.33	424.95	292.71	184.16	27.89	26.23
Construction In Progress	233.03	186.51	277.24	168.89	18.3	1.72

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