IST:GLCVY 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	138.87	77.11	200.93	74.88	56.95
Trading Asset Securities	311.5	243.81	106.63	41.46	-
Cash & Short-Term Investments	450.37	320.92	307.55	116.34	56.95
Cash Growth	40.34%	4.35%	164.35%	104.30%	116.46%
Other Receivables	87.49	59.6	24.61	10.96	3.65
Receivables	8,870	5,147	1,933	1,357	1,175
Prepaid Expenses	-	-	-	2.23	1.93
Restricted Cash	76.2	77.32	53.4	11	7.14
Other Current Assets	423.61	376.78	262.41	102.32	73.51
Total Current Assets	9,820	5,923	2,556	1,589	1,314
Property, Plant & Equipment	158.08	109.36	51.28	23.38	21.2
Other Intangible Assets	22.43	10.69	14.4	9.72	7.9
Other Long-Term Assets	4.76	-	-	-	-
Total Assets	10,005	6,043	2,622	1,622	1,343
Accrued Expenses	111.22	74.61	42.62	20.43	9.34
Short-Term Debt	4,435	2,314	549.81	280.92	419.53
Current Portion of Leases	52.63	17.39	5.98	0.21	5.18
Current Income Taxes Payable	70.55	60.43	102.19	30.3	23.67
Other Current Liabilities	158.73	280.43	54.61	41.42	21.26
Total Current Liabilities	4,828	2,747	755.2	373.28	478.99
Long-Term Leases	71	65.36	2.64	3.79	0.86
Pension & Post-Retirement Benefits	53.52	36.36	26.74	6.27	1.3
Long-Term Deferred Tax Liabilities	1,203	496.15	196.41	142.38	110.1
Other Long-Term Liabilities	2.55	2.13	1.51	1.3	1.18
Total Liabilities	6,159	3,347	982.5	527.02	592.43
Common Stock	139.7	139.7	139.7	139.7	139.7
Additional Paid-In Capital	169.68	169.68	169.68	170.71	170.71
Retained Earnings	3,356	2,252	1,243	720.93	439.19
Comprehensive Income & Other	180.86	134.37	87.27	64.07	1.47
Shareholders' Equity	3,847	2,696	1,639	1,095	751.07
Total Liabilities & Equity	10,005	6,043	2,622	1,622	1,343
Total Debt	4,559	2,396	558.43	284.92	425.57
Net Cash (Debt)	-4,109	-2,076	-250.88	-168.58	-368.63
Net Cash Per Share	-29.41	-14.86	-1.80	-1.21	-2.64
Filing Date Shares Outstanding	139.7	139.7	139.7	139.7	139.7
Total Common Shares Outstanding	139.7	139.7	139.7	139.7	139.7
Working Capital	4,992	3,176	1,801	1,216	835.41
Book Value Per Share	27.54	19.30	11.73	7.84	5.38
Tangible Book Value	3,824	2,685	1,625	1,086	743.17
Tangible Book Value Per Share	27.37	19.22	11.63	7.77	5.32
Machinery	76.43	61.62	51.8	23	17.69
Leasehold Improvements	33.57	18.3	-	16.83	15.45

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