IST:GLRMK 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	14,412	10,803	6,411	2,372	5,080
Short-Term Investments	-	30.37	0	0	0
Cash & Short-Term Investments	14,412	10,833	6,411	2,372	5,080
Cash Growth	33.03%	68.98%	170.30%	-53.31%	-
Accounts Receivable	35,000	30,008	12,824	8,570	11,264
Other Receivables	1,676	2,031	1,587	724.39	281.17
Receivables	36,676	32,040	14,411	9,294	11,545
Inventory	508.91	295.51	427.9	331.26	273.74
Prepaid Expenses	-	-	-	295.17	353.61
Other Current Assets	5,615	5,188	4,415	2,797	1,737
Total Current Assets	57,211	48,356	25,665	15,089	18,990
Property, Plant & Equipment	4,390	2,959	2,207	2,211	2,325
Long-Term Investments	0.75	0.75	0.68	356.86	138.47
Goodwill	765.67	448.21	-	-	-
Other Intangible Assets	70.19	11.42	11	14.4	18.73
Long-Term Accounts Receivable	2.8	3.66	15.4	96.59	251.01
Long-Term Deferred Tax Assets	845.74	1,823	1,629	743.29	943.31
Other Long-Term Assets	1,771	1,002	661.62	563.33	887.33
Total Assets	65,057	54,604	30,190	19,074	23,554
Accounts Payable	7,630	8,812	7,420	4,572	6,560
Accrued Expenses	1,718	1,340	1,378	732.17	979.2
Current Portion of Long-Term Debt	4,914	5,417	815.31	928.45	1.43
Current Portion of Leases	239.81	29.73	42.6	36.38	103.51
Current Income Taxes Payable	82.22	214.11	227.78	158.98	0.21
Current Unearned Revenue	10,841	10,355	5,844	3,848	4,727
Other Current Liabilities	694.35	1,330	1,020	780.84	977.49
Total Current Liabilities	26,119	27,497	16,747	11,057	13,348
Long-Term Debt	8,105	3,551	2,101	133.89	-
Long-Term Leases	946.7	44.97	79.51	79.15	261.83
Long-Term Unearned Revenue	8,962	10,175	4,060	2,145	1,732
Pension & Post-Retirement Benefits	69.26	81.31	69.02	43.55	47.44
Long-Term Deferred Tax Liabilities	2,970	2,335	1,651	941.66	1,385
Other Long-Term Liabilities	135.42	141.87	102.3	76.32	697.37
Total Liabilities	47,308	43,826	24,809	14,477	17,472
Common Stock	322.6	300	80	80	80
Additional Paid-In Capital	3,571	-	-	-	-
Retained Earnings	17,053	12,764	6,191	3,673	3,799
Comprehensive Income & Other	-3,200	-2,286	-890.54	844.04	2,204
Total Common Equity	17,746	10,778	5,381	4,597	6,083
Minority Interest	2.76	-0.01	-	-	-
Shareholders' Equity	17,749	10,778	5,381	4,597	6,083
Total Liabilities & Equity	65,057	54,604	30,190	19,074	23,554
Total Debt	14,206	9,043	3,038	1,178	366.77
Net Cash (Debt)	206.02	1,790	3,373	1,194	4,713
Net Cash Growth	-88.49%	-46.91%	182.49%	-74.67%	-
Net Cash Per Share	0.65	7.78	42.16	14.92	58.92
Filing Date Shares Outstanding	322.6	300	80	80	80
Total Common Shares Outstanding	322.6	300	80	80	80
Working Capital	31,092	20,859	8,918	4,032	5,641
Book Value Per Share	55.01	35.93	67.26	57.47	76.03
Tangible Book Value	16,911	10,318	5,370	4,583	6,064
Tangible Book Value Per Share	52.42	34.39	67.12	57.29	75.80
Land	103.41	101.23	110.32	25.18	25.18
Buildings	363.28	354.33	243.04	179.2	146.9
Machinery	7,370	6,795	4,618	3,489	2,578
Construction In Progress	771.29	209.92	0.02	7.2	473.29
Leasehold Improvements	1.49	1.81	-	-	-

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