IST:GSDDE Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,323	1,076	696.67	814.43	312.69
Trading Asset Securities	-	2.21	21.56	229.54	-
Cash & Short-Term Investments	1,323	1,078	718.23	1,044	312.69
Cash Growth	22.66%	50.13%	-31.20%	233.87%	2522.57%
Accounts Receivable	4.14	3.15	3.62	0.68	1.12
Other Receivables	0.42	0.63	0.1	-	-
Receivables	4.56	3.78	3.72	0.68	1.12
Inventory	30.2	6.63	5.96	4.04	1.46
Prepaid Expenses	17.46	10.34	6.81	3.09	1.17
Other Current Assets	8.67	6.87	8.78	7.98	3.34
Total Current Assets	1,384	1,106	743.5	1,060	319.78
Property, Plant & Equipment	2,791	2,866	2,377	1,260	543.96
Long-Term Investments	43.13	43.13	23.7	16.42	1.66
Other Intangible Assets	0.09	0.12	0.13	0.12	0.03
Long-Term Deferred Tax Assets	0.62	0.89	1.18	0.46	1.18
Other Long-Term Assets	0.56	0.37	0.03	0.02	0.01
Total Assets	4,219	4,017	3,146	2,337	866.6
Accounts Payable	10.09	38.35	19.98	7.37	0.68
Accrued Expenses	9.36	3.62	2.02	1.5	0.44
Short-Term Debt	133.91	144.33	128.33	92.93	-
Current Portion of Long-Term Debt	131.33	148.17	97.47	64.52	42.05
Current Portion of Leases	1.95	2.14	2.03	2.09	0.42
Current Income Taxes Payable	-	5.8	3.07	16.73	12.58
Current Unearned Revenue	32.58	11.83	18.52	11.07	6.56
Other Current Liabilities	0.58	1.56	0.89	0.54	0.17
Total Current Liabilities	319.78	355.8	272.31	196.74	62.88
Long-Term Debt	1,117	749.95	447.13	394.36	198.34
Long-Term Leases	-	-	0.24	1.98	0.74
Pension & Post-Retirement Benefits	2.24	1.5	0.46	3.77	0.98
Total Liabilities	1,439	1,107	720.14	596.86	262.94
Common Stock	150	150	150	150	150
Additional Paid-In Capital	68.95	68.95	52.68	36.48	9.18
Retained Earnings	-530.5	-1,589	-1,181	-513.47	103.84
Treasury Stock	-20.7	-	-	-	-
Comprehensive Income & Other	3,113	4,279	3,404	2,067	340.64
Shareholders' Equity	2,781	2,909	2,425	1,740	603.66
Total Liabilities & Equity	4,219	4,017	3,146	2,337	866.6
Total Debt	1,384	1,045	675.2	555.88	241.54
Net Cash (Debt)	-61.1	33.7	43.04	488.09	71.15
Net Cash Growth	-	-21.68%	-91.18%	586.00%	-
Net Cash Per Share	-0.41	0.22	0.29	3.25	0.80
Filing Date Shares Outstanding	150	150	150	150	150
Total Common Shares Outstanding	150	150	150	150	150
Working Capital	1,064	750.1	471.2	863.02	256.89
Book Value Per Share	18.54	19.40	16.17	11.60	4.02
Tangible Book Value	2,781	2,909	2,425	1,740	603.63
Tangible Book Value Per Share	18.54	19.39	16.17	11.60	4.02
Machinery	3,345	3,594	3,299	1,614	693.49
Construction In Progress	596.59	358.05	-	265.5	81.5

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