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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,700	822.11	696.67	814.43	312.69	11.92
Trading Asset Securities	-	1.69	21.56	229.54	-	-
Cash & Short-Term Investments	1,700	823.8	718.23	1,044	312.69	11.92
Cash Growth	124.95%	14.70%	-31.20%	233.87%	2522.57%	135.49%
Accounts Receivable	12.81	2.41	3.62	0.68	1.12	4.22
Other Receivables	2.39	0.48	0.1	-	-	0.04
Receivables	15.2	2.89	3.72	0.68	1.12	4.27
Inventory	28.83	5.06	5.96	4.04	1.46	0.56
Prepaid Expenses	11.37	7.9	6.81	3.09	1.17	0.68
Other Current Assets	21.62	5.25	8.78	7.98	3.34	1.12
Total Current Assets	1,777	844.89	743.5	1,060	319.78	18.55
Property, Plant & Equipment	2,723	2,190	2,377	1,260	543.96	273.05
Long-Term Investments	41.33	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	1.14	0.68	1.18	0.46	1.18	1.04
Other Long-Term Assets	0.53	0.28	0.03	0.02	0.01	-
Total Assets	4,544	3,069	3,146	2,337	866.6	294.19
Accounts Payable	4.96	29.3	19.98	7.37	0.68	0.06
Accrued Expenses	3.18	2.77	2.02	1.5	0.44	0.42
Short-Term Debt	127.5	110.27	128.33	92.93	-	97.21
Current Portion of Long-Term Debt	176.51	113.2	97.47	64.52	42.05	9.35
Current Portion of Leases	2.71	1.63	2.03	2.09	0.42	0.54
Current Income Taxes Payable	-	4.43	3.07	16.73	12.58	1.84
Current Unearned Revenue	19.81	9.04	18.52	11.07	6.56	1.54
Other Current Liabilities	0.59	1.19	0.89	0.54	0.17	0.13
Total Current Liabilities	335.25	271.83	272.31	196.74	62.88	111.1
Long-Term Debt	1,577	572.95	447.13	394.36	198.34	9.25
Long-Term Leases	-	-	0.24	1.98	0.74	0.06
Pension & Post-Retirement Benefits	2.53	1.14	0.46	3.77	0.98	0.73
Total Liabilities	1,915	845.92	720.14	596.86	262.94	121.14
Common Stock	150	150	150	150	150	52.18
Additional Paid-In Capital	66.07	52.68	52.68	36.48	9.18	9.19
Retained Earnings	-828.94	-1,214	-1,181	-513.47	103.84	-35.93
Treasury Stock	-19.84	-	-	-	-	-
Comprehensive Income & Other	3,261	3,234	3,404	2,067	340.64	147.61
Shareholders' Equity	2,629	2,223	2,425	1,740	603.66	173.05
Total Liabilities & Equity	4,544	3,069	3,146	2,337	866.6	294.19
Total Debt	1,884	798.05	675.2	555.88	241.54	116.41
Net Cash (Debt)	-183.75	25.75	43.04	488.09	71.15	-104.48
Net Cash Growth	-	-40.17%	-91.18%	586.00%	-	-
Net Cash Per Share	-1.23	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	1,442	573.06	471.2	863.02	256.89	-92.55
Book Value Per Share	17.52	14.82	16.17	11.60	4.02	3.32
Tangible Book Value	2,629	2,223	2,425	1,740	603.63	172.96
Tangible Book Value Per Share	17.52	14.82	16.17	11.60	4.02	3.31
Machinery	3,235	2,745	3,299	1,614	693.49	382.55
Construction In Progress	566.81	273.55	-	265.5	81.5	-

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