IST:GRSEL Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,698	1,407	695.13	419.41	43.2
Short-Term Investments	105.89	102.46	305.77	3.44	-
Cash & Short-Term Investments	1,804	1,509	1,001	422.85	43.2
Cash Growth	108.28%	50.80%	136.70%	878.81%	-
Accounts Receivable	2,418	2,319	1,431	706.88	162.79
Other Receivables	1.05	14.43	15.28	0.54	0.67
Receivables	2,419	2,333	1,447	707.41	163.46
Inventory	7.39	7.08	9.23	9.03	1.31
Prepaid Expenses	123.18	114.65	131.22	48.4	22.39
Other Current Assets	73.29	25.99	105.06	110.38	11.96
Total Current Assets	4,427	3,990	2,693	1,298	242.32
Property, Plant & Equipment	4,438	3,949	3,249	1,739	480.46
Other Intangible Assets	866.22	782.75	915.52	562.39	3.08
Other Long-Term Assets	762.75	643.63	613.21	297.21	76.94
Total Assets	10,493	9,366	7,471	3,896	802.8
Accounts Payable	999.06	673.3	589.58	452.89	97.24
Accrued Expenses	197.56	143.11	161.27	43.16	11.46
Short-Term Debt	26.79	26.79	16.16	34.87	17.71
Current Portion of Long-Term Debt	408.16	395.21	840.53	233.31	60.91
Current Portion of Leases	13.07	2.93	4.08	1.47	0.56
Current Income Taxes Payable	177.41	94.5	58.74	9.23	-
Current Unearned Revenue	493.98	990.57	48.03	58.17	71.73
Other Current Liabilities	14.95	34.54	31.42	48.46	23.45
Total Current Liabilities	2,331	2,361	1,750	881.56	283.06
Long-Term Debt	68.21	78.75	170.93	171.58	51.23
Long-Term Leases	8.85	-	2.34	-	0.79
Long-Term Unearned Revenue	7.75	14.89	22.78	27.21	-
Long-Term Deferred Tax Liabilities	691.72	683.88	886.25	720.31	72.54
Other Long-Term Liabilities	-	-	-0	4.48	14.91
Total Liabilities	3,179	3,190	2,865	1,822	428.23
Common Stock	102	102	102	102	87
Additional Paid-In Capital	359.17	326.33	326.33	226.02	-
Retained Earnings	5,941	4,868	3,278	1,269	118.51
Treasury Stock	-8.6	-7.82	-2.75	-	-
Comprehensive Income & Other	874.85	788.19	808.1	440.07	156.97
Total Common Equity	7,269	6,076	4,512	2,037	362.48
Minority Interest	45.52	99.83	94.29	36.45	12.09
Shareholders' Equity	7,314	6,176	4,606	2,074	374.57
Total Liabilities & Equity	10,493	9,366	7,471	3,896	802.8
Total Debt	525.08	503.68	1,034	441.23	131.2
Net Cash (Debt)	1,278	1,006	-33.13	-18.38	-88
Net Cash Per Share	12.53	9.86	-0.32	-0.18	-1.01
Filing Date Shares Outstanding	102	102	102	102	347.05
Total Common Shares Outstanding	102	102	102	102	347.05
Working Capital	2,096	1,629	943.12	416.5	-40.74
Book Value Per Share	71.26	59.57	44.23	19.97	1.04
Tangible Book Value	6,402	5,293	3,596	1,475	359.4
Tangible Book Value Per Share	62.77	51.90	35.26	14.46	1.04
Buildings	261.55	237.64	210.87	138.41	41.12
Machinery	4,804	4,204	3,123	1,630	470.19
Construction In Progress	17.76	16.14	12.18	3.6	2.13
Leasehold Improvements	6.12	5.77	5.56	3.85	0.45

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