IST:GRSEL Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,407	695.13	419.41	43.2
Short-Term Investments	102.46	305.77	3.44	-
Cash & Short-Term Investments	1,509	1,001	422.85	43.2
Cash Growth	50.80%	136.70%	878.81%	-
Accounts Receivable	2,319	1,431	706.88	162.79
Other Receivables	14.43	15.28	0.54	0.67
Receivables	2,333	1,447	707.41	163.46
Inventory	7.08	9.23	9.03	1.31
Prepaid Expenses	114.65	131.22	48.4	22.39
Other Current Assets	25.99	105.06	110.38	11.96
Total Current Assets	3,990	2,693	1,298	242.32
Property, Plant & Equipment	3,949	3,249	1,739	480.46
Other Intangible Assets	782.75	915.52	562.39	3.08
Other Long-Term Assets	643.63	613.21	297.21	76.94
Total Assets	9,366	7,471	3,896	802.8
Accounts Payable	673.3	589.58	452.89	97.24
Accrued Expenses	143.11	161.27	43.16	11.46
Short-Term Debt	26.79	16.16	34.87	17.71
Current Portion of Long-Term Debt	395.21	840.53	233.31	60.91
Current Portion of Leases	2.93	4.08	1.47	0.56
Current Income Taxes Payable	94.5	58.74	9.23	-
Current Unearned Revenue	990.57	48.03	58.17	71.73
Other Current Liabilities	34.54	31.42	48.46	23.45
Total Current Liabilities	2,361	1,750	881.56	283.06
Long-Term Debt	78.75	170.93	171.58	51.23
Long-Term Leases	-	2.34	-	0.79
Long-Term Unearned Revenue	14.89	22.78	27.21	-
Long-Term Deferred Tax Liabilities	683.88	886.25	720.31	72.54
Other Long-Term Liabilities	-	-0	4.48	14.91
Total Liabilities	3,190	2,865	1,822	428.23
Common Stock	102	102	102	87
Additional Paid-In Capital	326.33	326.33	226.02	-
Retained Earnings	4,868	3,278	1,269	118.51
Treasury Stock	-7.82	-2.75	-	-
Comprehensive Income & Other	788.19	808.1	440.07	156.97
Total Common Equity	6,076	4,512	2,037	362.48
Minority Interest	99.83	94.29	36.45	12.09
Shareholders' Equity	6,176	4,606	2,074	374.57
Total Liabilities & Equity	9,366	7,471	3,896	802.8
Total Debt	503.68	1,034	441.23	131.2
Net Cash (Debt)	1,006	-33.13	-18.38	-88
Net Cash Per Share	9.86	-0.32	-0.18	-1.01
Filing Date Shares Outstanding	102	102	102	347.05
Total Common Shares Outstanding	102	102	102	347.05
Working Capital	1,629	943.12	416.5	-40.74
Book Value Per Share	59.57	44.23	19.97	1.04
Tangible Book Value	5,293	3,596	1,475	359.4
Tangible Book Value Per Share	51.90	35.26	14.46	1.04
Buildings	237.64	210.87	138.41	41.12
Machinery	4,204	3,123	1,630	470.19
Construction In Progress	16.14	12.18	3.6	2.13
Leasehold Improvements	5.77	5.56	3.85	0.45

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