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	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	852.92	455.9	887.54	934.21	147.09	127.7
Short-Term Investments	81.41	680.03	2,029	2.87	1	0.3
Cash & Short-Term Investments	934.32	1,136	2,916	937.08	148.09	127.99
Cash Growth	-61.17%	-61.05%	211.22%	532.78%	15.70%	127.83%
Accounts Receivable	9,697	10,161	8,899	4,189	869.13	240.35
Other Receivables	290.7	133.1	400.03	122.2	2.12	1.41
Receivables	9,988	10,294	9,299	4,311	871.25	241.75
Inventory	4,522	2,632	2,692	1,387	338.07	242.2
Prepaid Expenses	43.52	30.74	22.33	6.1	1.5	0.75
Other Current Assets	1,565	1,034	1,282	561.08	162.12	20.13
Total Current Assets	17,053	15,126	16,211	7,202	1,521	632.83
Property, Plant & Equipment	6,428	5,252	4,934	2,252	481.06	175.64
Long-Term Investments	-	-	0.17	0.11	-	-
Other Intangible Assets	799.64	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	506.75	589.75	264.72	134.44	22.02	12.46
Total Assets	24,787	21,655	22,025	9,852	2,049	830.88
Accounts Payable	2,560	2,089	2,626	1,410	395.68	116.44
Accrued Expenses	153.49	177.58	137.54	50.72	23.16	11.96
Short-Term Debt	754.49	450.55	548.16	522.65	108.47	2.15
Current Portion of Long-Term Debt	492.22	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	1,588	2,582	3,314	1,472	136.52	22.6
Other Current Liabilities	443.24	584.41	803.18	624.7	6.7	6.47
Total Current Liabilities	5,991	6,298	8,014	4,551	786.88	356.52
Long-Term Debt	1,282	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	931.31	1,090	963.98	500.96	52.16	3.78
Total Liabilities	8,320	8,032	9,695	5,535	1,055	489.99
Common Stock	460	460	460	115	115	100
Additional Paid-In Capital	2,875	2,464	2,665	760.94	230.65	-
Retained Earnings	5,848	4,617	3,397	1,950	373.94	153.45
Comprehensive Income & Other	2,647	2,193	2,449	1,031	192.75	55.7
Total Common Equity	11,830	9,735	8,970	3,857	912.34	309.15
Minority Interest	4,637	3,889	3,359	459.66	81.75	31.74
Shareholders' Equity	16,467	13,624	12,330	4,317	994.09	340.89
Total Liabilities & Equity	24,787	21,655	22,025	9,852	2,049	830.88
Total Debt	2,528	1,354	1,687	1,364	421.17	324.71
Net Cash (Debt)	-1,594	-218.46	1,229	-426.54	-273.08	-196.71
Net Cash Per Share	-3.47	-0.47	2.67	-0.93	-0.59	-0.49
Filing Date Shares Outstanding	460	460	460	460	460	400
Total Common Shares Outstanding	460	460	460	460	460	400
Working Capital	11,062	8,828	8,197	2,652	734.16	276.31
Book Value Per Share	25.72	21.16	19.50	8.39	1.98	0.77
Tangible Book Value	11,030	9,695	8,936	3,848	910.85	308.72
Tangible Book Value Per Share	23.98	21.08	19.43	8.37	1.98	0.77
Land	1,840	1,558	1,682	720.59	133.67	48.9
Buildings	2,038	1,746	1,793	781.74	168.16	70.57
Machinery	2,234	1,748	1,461	627.33	163.01	48.54
Construction In Progress	579.43	294.11	76.99	151.71	24.13	7.75
Leasehold Improvements	49.84	42.38	16.46	10.79	1.69	1.43

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