IST:GRSEL Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,964	2,055	1,841	695.13	419.41	43.2
Short-Term Investments	127.84	69.37	134.11	305.77	3.44	-
Cash & Short-Term Investments	2,092	2,125	1,976	1,001	422.85	43.2
Cash Growth	16.01%	7.55%	97.38%	136.70%	878.81%	-
Accounts Receivable	3,231	3,042	3,035	1,431	706.88	162.79
Other Receivables	10.25	3.39	0.85	15.28	0.54	0.67
Receivables	3,242	3,046	3,036	1,447	707.41	163.46
Inventory	7.26	7.58	9.26	9.23	9.03	1.31
Prepaid Expenses	236.67	204.4	168.1	131.22	48.4	22.39
Other Current Assets	63.18	123.11	34.02	105.06	110.38	11.96
Total Current Assets	5,641	5,506	5,223	2,693	1,298	242.32
Property, Plant & Equipment	7,534	6,671	5,169	3,249	1,739	480.46
Long-Term Investments	173.36	157.54	-	-	-	-
Other Intangible Assets	1,796	1,606	1,025	915.52	562.39	3.08
Other Long-Term Assets	1,370	1,246	842.46	613.21	297.21	76.94
Total Assets	16,514	15,186	12,259	7,471	3,896	802.8
Accounts Payable	1,213	1,020	881.29	589.58	452.89	97.24
Accrued Expenses	213.5	238.4	187.32	161.27	43.16	11.46
Short-Term Debt	5.37	4.57	35.06	16.16	34.87	17.71
Current Portion of Long-Term Debt	382.23	379.78	517.3	840.53	233.31	60.91
Current Portion of Leases	15.76	22.96	3.83	4.08	1.47	0.56
Current Income Taxes Payable	-	-	123.7	58.74	9.23	-
Current Unearned Revenue	572.75	1,679	1,297	48.03	58.17	71.73
Other Current Liabilities	138.94	23.27	45.21	31.42	48.46	23.45
Total Current Liabilities	2,542	3,368	3,090	1,750	881.56	283.06
Long-Term Debt	95.44	98.57	103.08	170.93	171.58	51.23
Long-Term Leases	13.11	15.83	-	2.34	-	0.79
Long-Term Unearned Revenue	16.48	10.66	19.49	22.78	27.21	-
Pension & Post-Retirement Benefits	103.43	88.68	67.44	32.7	17.34	5.7
Long-Term Deferred Tax Liabilities	1,150	966.92	895.14	886.25	720.31	72.54
Other Long-Term Liabilities	-	-	-	-0	4.48	14.91
Total Liabilities	3,920	4,549	4,175	2,865	1,822	428.23
Common Stock	102	102	102	102	102	87
Additional Paid-In Capital	470.03	427.14	427.14	326.33	226.02	-
Retained Earnings	10,937	9,169	6,371	3,278	1,269	118.51
Treasury Stock	-	-	-10.23	-2.75	-	-
Comprehensive Income & Other	883.25	792.13	1,063	808.1	440.07	156.97
Total Common Equity	12,392	10,491	7,953	4,512	2,037	362.48
Minority Interest	201.73	146.1	130.67	94.29	36.45	12.09
Shareholders' Equity	12,594	10,637	8,084	4,606	2,074	374.57
Total Liabilities & Equity	16,514	15,186	12,259	7,471	3,896	802.8
Total Debt	511.89	521.71	659.27	1,034	441.23	131.2
Net Cash (Debt)	1,580	1,603	1,316	-33.13	-18.38	-88
Net Cash Growth	23.61%	21.79%	-	-	-	-
Net Cash Per Share	-	15.72	12.91	-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	3,099	2,137	2,133	943.12	416.5	-40.74
Book Value Per Share	-	102.85	77.97	44.23	19.97	1.04
Tangible Book Value	10,596	8,885	6,929	3,596	1,475	359.4
Tangible Book Value Per Share	-	87.11	67.93	35.26	14.46	1.04
Buildings	-	286.95	311.05	210.87	138.41	41.12
Machinery	-	6,884	5,502	3,123	1,630	470.19
Construction In Progress	-	25.18	21.12	12.18	3.6	2.13
Leasehold Improvements	-	16.11	7.55	5.56	3.85	0.45