IST:GESAN Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	549.47	614.73	934.21	147.09	127.7	56.18
Short-Term Investments	1,455	1,405	2.87	1	0.3	-
Cash & Short-Term Investments	2,004	2,020	937.08	148.09	127.99	56.18
Cash Growth	-11.75%	115.56%	532.78%	15.70%	127.83%	-
Accounts Receivable	9,993	6,163	4,189	869.13	240.35	195.41
Other Receivables	109.66	277.07	122.2	2.12	1.41	1.44
Receivables	10,103	6,440	4,311	871.25	241.75	196.85
Inventory	3,396	1,864	1,387	338.07	242.2	33.65
Prepaid Expenses	11.62	15.47	6.1	1.5	0.75	0.53
Other Current Assets	1,745	887.64	561.08	162.12	20.13	31.65
Total Current Assets	17,259	11,228	7,202	1,521	632.83	318.86
Property, Plant & Equipment	4,993	3,417	2,252	481.06	175.64	126.74
Long-Term Investments	-	0.12	0.11	-	-	0.6
Other Intangible Assets	580.23	24	9.32	1.5	0.43	0.47
Long-Term Accounts Receivable	-	-	-	-	-	30.65
Long-Term Deferred Tax Assets	-	-	-	-	-	11.16
Long-Term Deferred Charges	-	402.17	253.42	23.83	9.52	2.65
Other Long-Term Assets	432.25	183.35	134.44	22.02	12.46	6.43
Total Assets	23,265	15,255	9,852	2,049	830.88	497.56
Accounts Payable	2,864	1,819	1,410	395.68	116.44	112.94
Accrued Expenses	189.56	95.27	50.72	23.16	11.96	8.23
Short-Term Debt	373.08	379.67	522.65	108.47	2.15	14.9
Current Portion of Long-Term Debt	345.33	317.19	387.62	106.95	193.31	87.57
Current Portion of Leases	1.51	6.77	12.37	2.71	2.32	1.13
Current Income Taxes Payable	63.44	81.19	70.95	6.71	1.29	-
Current Unearned Revenue	4,158	2,295	1,472	136.52	22.6	41.67
Other Current Liabilities	552.01	556.3	624.7	6.7	6.47	0.12
Total Current Liabilities	8,546	5,550	4,551	786.88	356.52	266.55
Long-Term Debt	631.79	464.39	434.78	200.68	124.19	72.98
Long-Term Leases	-	0.62	6.21	2.37	2.75	1.19
Long-Term Deferred Tax Liabilities	1,208	667.67	500.96	52.16	3.78	3.28
Total Liabilities	10,439	6,715	5,535	1,055	489.99	345.97
Common Stock	460	460	115	115	100	25
Additional Paid-In Capital	2,409	1,846	760.94	230.65	-	-
Retained Earnings	4,083	2,353	1,950	373.94	153.45	69.92
Comprehensive Income & Other	2,262	1,555	1,031	192.75	55.7	36.17
Total Common Equity	9,213	6,213	3,857	912.34	309.15	131.09
Minority Interest	3,613	2,327	459.66	81.75	31.74	20.5
Shareholders' Equity	12,826	8,540	4,317	994.09	340.89	151.59
Total Liabilities & Equity	23,265	15,255	9,852	2,049	830.88	497.56
Total Debt	1,352	1,169	1,364	421.17	324.71	177.77
Net Cash (Debt)	652.46	851.34	-426.54	-273.08	-196.71	-121.59
Net Cash Per Share	1.42	1.85	-0.93	-0.59	-0.49	-1.22
Filing Date Shares Outstanding	460	460	460	460	400	100
Total Common Shares Outstanding	460	460	460	460	400	100
Working Capital	8,713	5,678	2,652	734.16	276.31	52.3
Book Value Per Share	20.03	13.51	8.39	1.98	0.77	1.31
Tangible Book Value	8,633	6,189	3,848	910.85	308.72	130.62
Tangible Book Value Per Share	18.77	13.45	8.37	1.98	0.77	1.31
Land	1,582	1,165	720.59	133.67	48.9	40.2
Buildings	1,689	1,242	781.74	168.16	70.57	24.12
Machinery	1,632	1,012	627.33	163.01	48.54	17.8
Construction In Progress	286.75	53.33	151.71	24.13	7.75	53.59
Leasehold Improvements	21.54	11.4	10.79	1.69	1.43	1.59

Source: S&P Capital IQ. Standard template. Financial Sources.