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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,217	1,407	695.13	419.41	43.2
Short-Term Investments	14.51	102.46	305.77	3.44	-
Cash & Short-Term Investments	2,231	1,509	1,001	422.85	43.2
Cash Growth	35.84%	50.80%	136.70%	878.81%	-
Accounts Receivable	3,635	2,319	1,431	706.88	162.79
Other Receivables	2.83	14.43	15.28	0.54	0.67
Receivables	3,637	2,333	1,447	707.41	163.46
Inventory	9.56	7.08	9.23	9.03	1.31
Prepaid Expenses	129.4	114.65	131.22	48.4	22.39
Other Current Assets	110.64	25.99	105.06	110.38	11.96
Total Current Assets	6,119	3,990	2,693	1,298	242.32
Property, Plant & Equipment	5,352	3,949	3,249	1,739	480.46
Other Intangible Assets	1,308	782.75	915.52	562.39	3.08
Other Long-Term Assets	874.01	643.63	613.21	297.21	76.94
Total Assets	13,804	9,366	7,471	3,896	802.8
Accounts Payable	689.66	673.3	589.58	452.89	97.24
Accrued Expenses	214.26	143.11	161.27	43.16	11.46
Short-Term Debt	6.93	26.79	16.16	34.87	17.71
Current Portion of Long-Term Debt	361.66	395.21	840.53	233.31	60.91
Current Portion of Leases	12.13	2.93	4.08	1.47	0.56
Current Income Taxes Payable	79.24	94.5	58.74	9.23	-
Current Unearned Revenue	2,243	990.57	48.03	58.17	71.73
Other Current Liabilities	3.82	34.54	31.42	48.46	23.45
Total Current Liabilities	3,611	2,361	1,750	881.56	283.06
Long-Term Debt	58.42	78.75	170.93	171.58	51.23
Long-Term Leases	19.46	-	2.34	-	0.79
Long-Term Unearned Revenue	66.66	14.89	22.78	27.21	-
Pension & Post-Retirement Benefits	79.66	51.52	32.7	17.34	5.7
Long-Term Deferred Tax Liabilities	859.59	683.88	886.25	720.31	72.54
Other Long-Term Liabilities	-	-	-0	4.48	14.91
Total Liabilities	4,695	3,190	2,865	1,822	428.23
Common Stock	102	102	102	102	87
Additional Paid-In Capital	409.31	326.33	326.33	226.02	-
Retained Earnings	7,768	4,868	3,278	1,269	118.51
Treasury Stock	-	-7.82	-2.75	-	-
Comprehensive Income & Other	710.92	788.19	808.1	440.07	156.97
Total Common Equity	8,990	6,076	4,512	2,037	362.48
Minority Interest	118.96	99.83	94.29	36.45	12.09
Shareholders' Equity	9,109	6,176	4,606	2,074	374.57
Total Liabilities & Equity	13,804	9,366	7,471	3,896	802.8
Total Debt	458.61	503.68	1,034	441.23	131.2
Net Cash (Debt)	1,773	1,006	-33.13	-18.38	-88
Net Cash Per Share	17.38	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	2,508	1,629	943.12	416.5	-40.74
Book Value Per Share	88.14	59.57	44.23	19.97	1.04
Tangible Book Value	7,682	5,293	3,596	1,475	359.4
Tangible Book Value Per Share	75.32	51.90	35.26	14.46	1.04
Buildings	288.39	237.64	210.87	138.41	41.12
Machinery	5,880	4,204	3,123	1,630	470.19
Construction In Progress	20.24	16.14	12.18	3.6	2.13
Leasehold Improvements	12.52	5.77	5.56	3.85	0.45

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