IST:GSRAY Balance Sheet

Financials in millions TRY. Fiscal year is June - May.

Millions TRY. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Cash & Equivalents	452.03	275.67	91.47	240.54	55.55	159.61
Short-Term Investments	22.03	0.1	0.19	0.11	0.12	1.35
Cash & Short-Term Investments	474.06	275.76	91.66	240.65	55.67	160.97
Cash Growth	594.97%	200.86%	-61.91%	332.27%	-65.41%	28432.53%
Accounts Receivable	5,179	2,122	1,964	903.8	244.75	186.03
Other Receivables	149.69	74.2	53.08	19.64	24.63	3.17
Receivables	5,328	2,196	2,017	923.44	269.38	189.19
Inventory	1,268	688.61	676.4	228.15	62.63	31.54
Prepaid Expenses	1,175	231.29	35.1	50.26	17.92	20.91
Restricted Cash	-	15.12	12.97	3.14	1.48	5.78
Other Current Assets	116.63	474.77	269.49	136.41	51.16	39.77
Total Current Assets	8,362	3,881	3,103	1,582	458.25	448.17
Property, Plant & Equipment	3,493	3,336	266.39	169.89	47.06	35.29
Other Intangible Assets	9,177	4,133	3,735	2,257	258.4	87.76
Long-Term Accounts Receivable	37.16	35.46	39.63	32.34	14.85	12.72
Long-Term Deferred Tax Assets	12.93	10.61	-	-	3.95	6.23
Long-Term Deferred Charges	-	-	-	-	181.46	207.39
Other Long-Term Assets	11,541	10,968	2,991	2,426	143.76	19.31
Total Assets	37,494	28,532	15,074	10,280	3,052	2,273
Accounts Payable	9,156	4,151	2,909	1,607	330.23	147.92
Accrued Expenses	719.07	961.58	952.96	1,806	537.28	325.57
Short-Term Debt	2,406	1,264	757.78	2,006	20.1	-
Current Portion of Long-Term Debt	-	408.8	226.44	537.19	489.7	-
Current Portion of Leases	27.79	30.91	23.3	11.92	5.74	5.24
Current Income Taxes Payable	59.33	-	80.7	9.99	4.96	8.56
Current Unearned Revenue	4,865	3,556	2,624	1,208	107.22	47.03
Other Current Liabilities	524.77	1,275	1,152	754.62	98.79	46.27
Total Current Liabilities	17,757	11,647	8,726	7,940	1,594	580.59
Long-Term Debt	-	978.13	2,820	4,179	2,198	2,224
Long-Term Leases	79.81	87.28	16.75	21.8	18.52	16.73
Long-Term Unearned Revenue	954.4	928.73	632.39	43.35	28.72	56.75
Pension & Post-Retirement Benefits	466.92	505.53	729.42	173.29	118.13	130.49
Long-Term Deferred Tax Liabilities	-	-	2.53	11.75	-	-
Other Long-Term Liabilities	5,101	9,821	1,438	916.7	228.13	19.23
Total Liabilities	24,359	23,968	14,365	13,286	4,186	3,028
Common Stock	13,500	5,400	1,080	540	540	540
Additional Paid-In Capital	6,348	6,010	5,996	4,417	437.03	437.03
Retained Earnings	-12,900	-12,265	-11,378	-11,179	-2,111	-1,733
Comprehensive Income & Other	6,188	5,420	5,012	3,216	-0.34	1.44
Total Common Equity	13,135	4,564	709.87	-3,006	-1,134	-754.81
Minority Interest	-0.11	-0.1	-0.14	-0.15	-0.18	-0.11
Shareholders' Equity	13,135	4,564	709.73	-3,006	-1,134	-754.93
Total Liabilities & Equity	37,494	28,532	15,074	10,280	3,052	2,273
Total Debt	2,513	2,769	3,844	6,756	2,732	2,246
Net Cash (Debt)	-2,039	-2,493	-3,752	-6,515	-2,677	-2,085
Net Cash Per Share	-0.35	-0.94	-4.12	-12.07	-4.96	-3.86
Filing Date Shares Outstanding	13,500	5,400	1,080	540	540	540
Total Common Shares Outstanding	13,500	5,400	1,080	540	540	540
Working Capital	-9,395	-7,765	-5,623	-6,358	-1,136	-132.42
Book Value Per Share	0.97	0.85	0.66	-5.57	-2.10	-1.40
Tangible Book Value	3,958	431.55	-3,025	-5,263	-1,392	-842.57
Tangible Book Value Per Share	0.29	0.08	-2.80	-9.75	-2.58	-1.56
Machinery	-	422.91	294.55	208.11	27.39	19.83
Leasehold Improvements	-	318.11	262.03	142.34	-	14.64

Updated Aug 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.