Gersan Elektrik Ticaret ve Sanayi Anonim Sirketi (IST:GEREL)

IST:GEREL Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	88.86	33.72	78.08	98.24	58.36	46.82
Cash & Short-Term Investments	88.86	33.72	78.08	98.24	58.36	46.82
Cash Growth	-6.75%	-56.81%	-20.53%	68.33%	24.66%	257.92%
Accounts Receivable	571.23	449.84	439	273.42	146.71	66.99
Other Receivables	11.61	6.75	0.02	0.22	0.06	1.88
Receivables	582.84	456.59	439.03	273.64	146.77	68.88
Inventory	745.36	884.77	340.12	316.32	103.53	70.69
Prepaid Expenses	23.63	49.79	32.98	4.06	0.36	0.29
Restricted Cash	-	-	-	1.56	0.52	0.24
Other Current Assets	325.24	333.27	91.04	68.06	13.03	8.94
Total Current Assets	1,766	1,758	981.24	761.89	322.58	195.86
Property, Plant & Equipment	1,619	1,390	592.13	412.28	105.57	84.85
Other Intangible Assets	9.71	9.51	1.63	1.53	0.2	0.18
Long-Term Deferred Tax Assets	-	44.98	30.74	13.55	29.13	16.89
Other Long-Term Assets	24.37	6.72	10.6	20.91	12.5	7.16
Total Assets	3,419	3,209	1,616	1,210	469.99	304.93
Accounts Payable	1,087	410.25	352.55	182.75	79.85	38.92
Accrued Expenses	55.4	48.06	90.03	21.97	9.18	5.45
Short-Term Debt	663.04	120.71	85.52	78.04	55.23	2.63
Current Portion of Long-Term Debt	233.44	352.25	209.84	125.34	79.81	50.94
Current Portion of Leases	8.71	-	-	-	-	-
Current Income Taxes Payable	1.05	12.97	23.12	10.52	1.89	-
Current Unearned Revenue	117.63	44.45	73.26	132.35	16.61	6.72
Other Current Liabilities	14.96	12.22	17.72	13.58	1.28	0.91
Total Current Liabilities	2,181	1,001	852.05	564.55	243.86	105.59
Long-Term Debt	161.62	176.15	48.54	80.7	64.43	88.26
Long-Term Leases	14.73	-	-	-	-	-
Long-Term Deferred Tax Liabilities	1.95	-	-	-	-	-
Other Long-Term Liabilities	340.12	1,042	45.43	51.84	27.05	-
Total Liabilities	2,797	2,328	968.39	710.23	337.52	194.82
Common Stock	240	240	80	80	80	80
Additional Paid-In Capital	231.7	198.59	363.86	252.02	47.5	47.5
Retained Earnings	-210.21	189.5	-896.67	-505.68	14.58	7.59
Comprehensive Income & Other	370.73	261.04	1,101	674.66	-8.73	-24.04
Total Common Equity	632.22	889.13	647.87	501	133.35	111.05
Minority Interest	-9.9	-8.59	0.07	-1.07	-0.87	-0.94
Shareholders' Equity	622.32	880.54	647.94	499.94	132.47	110.11
Total Liabilities & Equity	3,419	3,209	1,616	1,210	469.99	304.93
Total Debt	1,082	649.11	343.9	284.08	199.48	141.84
Net Cash (Debt)	-992.68	-615.39	-265.82	-185.84	-141.11	-95.02
Net Cash Per Share	-4.14	-2.56	-1.11	-0.77	-0.59	-0.40
Filing Date Shares Outstanding	240	240	240	240	240	240
Total Common Shares Outstanding	240	240	240	240	240	240
Working Capital	-414.99	757.22	129.19	197.33	78.72	90.27
Book Value Per Share	2.63	3.70	2.70	2.09	0.56	0.46
Tangible Book Value	622.52	879.62	646.24	499.47	133.14	110.87
Tangible Book Value Per Share	2.59	3.67	2.69	2.08	0.55	0.46
Land	4.83	3.99	5.76	4.17	12.17	11.3
Buildings	647.94	540.84	576.83	403.78	79.68	58.15
Machinery	635.26	521.34	491.99	340.08	63.18	49.76
Construction In Progress	980.76	839.25	41.54	19.61	4.89	4.88
Leasehold Improvements	-	-	-	1.34	0.24	0.19

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.