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	198.42	139.66	57.99	83.44
Short-Term Investments	112.37	4.04	10.52	6.29	1.08
Cash & Short-Term Investments	280.08	202.46	150.18	64.28	84.53
Cash Growth	38.34%	34.81%	133.63%	-23.95%	20.52%
Accounts Receivable	295.05	221.4	203.98	119.49	36.35
Other Receivables	14.29	8.45	0.21	1.78	0.53
Receivables	309.35	229.85	204.19	121.27	36.88
Inventory	224.8	242.83	173.75	130.85	27.96
Prepaid Expenses	3.14	3.14	33.04	15.35	0.09
Other Current Assets	9.98	7.17	12	10.87	16.67
Total Current Assets	827.34	685.45	573.15	342.62	166.13
Property, Plant & Equipment	558.32	579.92	451.07	287.29	39.49
Long-Term Investments	4.52	4.52	3.45	2.39	0.27
Goodwill	22.31	22.31	17.04	11.81	2.1
Long-Term Deferred Tax Assets	85.41	105.08	84.26	-	-
Other Long-Term Assets	91.59	86.72	53.02	48.62	10.69
Total Assets	1,589	1,484	1,182	692.73	218.68
Accounts Payable	142.66	53.59	48.59	14.97	10.17
Accrued Expenses	24.68	16.22	30.06	4.41	4.01
Short-Term Debt	1.12	1.27	15.51	45.86	25.16
Current Portion of Long-Term Debt	29.34	65.58	21.9	-	-
Current Income Taxes Payable	12.36	-	31.38	26.46	7.83
Current Unearned Revenue	2.29	0.77	0.15	0.42	0.18
Other Current Liabilities	0.76	0.95	0.93	0.32	0.46
Total Current Liabilities	213.21	138.39	148.52	92.45	47.81
Long-Term Debt	-	24.77	18.78	-	-
Pension & Post-Retirement Benefits	11.95	15.19	10.88	8.98	2.58
Long-Term Deferred Tax Liabilities	157.69	120.51	103.5	54.59	2
Total Liabilities	382.85	298.85	281.68	156.02	52.39
Common Stock	46.66	46.66	46.66	23.33	23.33
Retained Earnings	725.85	709.5	535.37	323.67	108.76
Treasury Stock	-4.49	-3.37	-2.58	-1.78	-0.27
Comprehensive Income & Other	306.87	307.76	223.76	136.97	17.42
Total Common Equity	1,075	1,061	803.21	482.18	149.23
Minority Interest	131.75	124.6	97.11	54.53	17.05
Shareholders' Equity	1,207	1,185	900.32	536.71	166.29
Total Liabilities & Equity	1,589	1,484	1,182	692.73	218.68
Total Debt	30.46	91.62	56.2	45.86	25.16
Net Cash (Debt)	249.62	110.84	93.98	18.42	59.37
Net Cash Growth	125.21%	17.93%	410.33%	-68.98%	66.47%
Net Cash Per Share	5.35	2.38	2.01	0.39	1.27
Filing Date Shares Outstanding	46.66	46.66	46.66	46.66	46.66
Total Common Shares Outstanding	46.66	46.66	46.66	46.66	46.66
Working Capital	614.13	547.07	424.63	250.17	118.32
Book Value Per Share	23.04	22.73	17.22	10.33	3.20
Tangible Book Value	1,053	1,038	786.17	470.37	147.13
Tangible Book Value Per Share	22.56	22.25	16.85	10.08	3.15
Land	35.86	35.86	42.16	29.2	4.08
Buildings	90.47	90.47	66.11	44.61	6.76
Machinery	565.02	556.22	292.71	184.16	27.89
Construction In Progress	243.21	244.13	277.24	168.89	18.3

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