GSD Denizcilik Gayrimenkul Insaat Sanayi ve Ticaret A.S. (IST:GSDDE)

IST:GSDDE Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,065	822.11	696.67	814.43	312.69	11.92
Trading Asset Securities	-	1.69	21.56	229.54	-	-
Cash & Short-Term Investments	1,065	823.8	718.23	1,044	312.69	11.92
Cash Growth	82.71%	14.70%	-31.20%	233.87%	2522.57%	135.49%
Accounts Receivable	16.94	2.41	3.62	0.68	1.12	4.22
Other Receivables	0.03	0.48	0.1	-	-	0.04
Receivables	16.97	2.89	3.72	0.68	1.12	4.27
Inventory	3.41	5.06	5.96	4.04	1.46	0.56
Prepaid Expenses	14.39	7.9	6.81	3.09	1.17	0.68
Other Current Assets	11.58	5.25	8.78	7.98	3.34	1.12
Total Current Assets	1,111	844.89	743.5	1,060	319.78	18.55
Property, Plant & Equipment	2,408	2,190	2,377	1,260	543.96	273.05
Long-Term Investments	38.44	32.95	23.7	16.42	1.66	1.46
Other Intangible Assets	0.1	0.09	0.13	0.12	0.03	0.1
Long-Term Deferred Tax Assets	1.01	0.68	1.18	0.46	1.18	1.04
Other Long-Term Assets	0.5	0.28	0.03	0.02	0.01	-
Total Assets	3,559	3,069	3,146	2,337	866.6	294.19
Accounts Payable	5.63	29.3	19.98	7.37	0.68	0.06
Accrued Expenses	2.48	2.77	2.02	1.5	0.44	0.42
Short-Term Debt	119.94	110.27	128.33	92.93	-	97.21
Current Portion of Long-Term Debt	100.34	113.2	97.47	64.52	42.05	9.35
Current Portion of Leases	0.22	1.63	2.03	2.09	0.42	0.54
Current Income Taxes Payable	1.04	4.43	3.07	16.73	12.58	1.84
Current Unearned Revenue	8.93	9.04	18.52	11.07	6.56	1.54
Other Current Liabilities	5.6	1.19	0.89	0.54	0.17	0.13
Total Current Liabilities	244.17	271.83	272.31	196.74	62.88	111.1
Long-Term Debt	818.66	572.95	447.13	394.36	198.34	9.25
Long-Term Leases	-	-	0.24	1.98	0.74	0.06
Total Liabilities	1,065	845.92	720.14	596.86	262.94	121.14
Common Stock	150	150	150	150	150	52.18
Additional Paid-In Capital	61.46	52.68	52.68	36.48	9.18	9.19
Retained Earnings	-745.17	-1,214	-1,181	-513.47	103.84	-35.93
Treasury Stock	-18.42	-	-	-	-	-
Comprehensive Income & Other	3,046	3,234	3,404	2,067	340.64	147.61
Shareholders' Equity	2,494	2,223	2,425	1,740	603.66	173.05
Total Liabilities & Equity	3,559	3,069	3,146	2,337	866.6	294.19
Total Debt	1,039	798.05	675.2	555.88	241.54	116.41
Net Cash (Debt)	25.47	25.75	43.04	488.09	71.15	-104.48
Net Cash Growth	-74.55%	-40.17%	-91.18%	586.00%	-	-
Net Cash Per Share	0.17	0.17	0.29	3.25	0.80	-2.05
Filing Date Shares Outstanding	150	150	150	150	150	52.18
Total Common Shares Outstanding	150	150	150	150	150	52.18
Working Capital	866.8	573.06	471.2	863.02	256.89	-92.55
Book Value Per Share	16.62	14.82	16.17	11.60	4.02	3.32
Tangible Book Value	2,494	2,223	2,425	1,740	603.63	172.96
Tangible Book Value Per Share	16.62	14.82	16.17	11.60	4.02	3.31
Machinery	3,097	2,745	3,299	1,614	693.49	382.55
Construction In Progress	313.25	273.55	-	265.5	81.5	-

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