Girisim Elektrik Sanayi Taahhüt ve Ticaret A.S. (IST:GESAN)

IST:GESAN Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	455.9	887.54	934.21	147.09	127.7
Short-Term Investments	680.03	2,029	2.87	1	0.3
Cash & Short-Term Investments	1,136	2,916	937.08	148.09	127.99
Cash Growth	-61.05%	211.22%	532.78%	15.70%	127.83%
Accounts Receivable	10,161	8,899	4,189	869.13	240.35
Other Receivables	133.1	400.03	122.2	2.12	1.41
Receivables	10,294	9,299	4,311	871.25	241.75
Inventory	2,632	2,692	1,387	338.07	242.2
Prepaid Expenses	30.74	22.33	6.1	1.5	0.75
Other Current Assets	1,034	1,282	561.08	162.12	20.13
Total Current Assets	15,126	16,211	7,202	1,521	632.83
Property, Plant & Equipment	5,252	4,934	2,252	481.06	175.64
Long-Term Investments	-	0.17	0.11	-	-
Other Intangible Assets	40.33	34.65	9.32	1.5	0.43
Long-Term Deferred Charges	646.94	580.65	253.42	23.83	9.52
Other Long-Term Assets	589.75	264.72	134.44	22.02	12.46
Total Assets	21,655	22,025	9,852	2,049	830.88
Accounts Payable	2,089	2,626	1,410	395.68	116.44
Accrued Expenses	177.58	137.54	50.72	23.16	11.96
Short-Term Debt	450.55	548.16	522.65	108.47	2.15
Current Portion of Long-Term Debt	332.34	457.95	387.62	106.95	193.31
Current Portion of Leases	1.59	9.77	12.37	2.71	2.32
Current Income Taxes Payable	81.54	117.23	70.95	6.71	1.29
Current Unearned Revenue	2,582	3,314	1,472	136.52	22.6
Other Current Liabilities	584.41	803.18	624.7	6.7	6.47
Total Current Liabilities	6,298	8,014	4,551	786.88	356.52
Long-Term Debt	569.8	670.48	434.78	200.68	124.19
Long-Term Leases	0.13	0.9	6.21	2.37	2.75
Long-Term Deferred Tax Liabilities	1,090	963.98	500.96	52.16	3.78
Total Liabilities	8,032	9,695	5,535	1,055	489.99
Common Stock	460	460	115	115	100
Additional Paid-In Capital	2,464	2,665	760.94	230.65	-
Retained Earnings	4,617	3,397	1,950	373.94	153.45
Comprehensive Income & Other	2,193	2,449	1,031	192.75	55.7
Total Common Equity	9,735	8,970	3,857	912.34	309.15
Minority Interest	3,889	3,359	459.66	81.75	31.74
Shareholders' Equity	13,624	12,330	4,317	994.09	340.89
Total Liabilities & Equity	21,655	22,025	9,852	2,049	830.88
Total Debt	1,354	1,687	1,364	421.17	324.71
Net Cash (Debt)	-218.46	1,229	-426.54	-273.08	-196.71
Net Cash Per Share	-0.47	2.67	-0.93	-0.59	-0.49
Filing Date Shares Outstanding	460	460	460	460	400
Total Common Shares Outstanding	460	460	460	460	400
Working Capital	8,828	8,197	2,652	734.16	276.31
Book Value Per Share	21.16	19.50	8.39	1.98	0.77
Tangible Book Value	9,695	8,936	3,848	910.85	308.72
Tangible Book Value Per Share	21.08	19.43	8.37	1.98	0.77
Land	1,558	1,682	720.59	133.67	48.9
Buildings	1,746	1,793	781.74	168.16	70.57
Machinery	1,748	1,461	627.33	163.01	48.54
Construction In Progress	294.11	76.99	151.71	24.13	7.75
Leasehold Improvements	42.38	16.46	10.79	1.69	1.43

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.