Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi (IST:HATSN)

IST:HATSN Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	470.73	889.27	1,485	491.83	15.39
Short-Term Investments	39.25	398.2	0.01	-	-
Cash & Short-Term Investments	509.98	1,287	1,485	491.83	15.39
Cash Growth	-60.39%	-13.30%	201.91%	3095.74%	171.72%
Accounts Receivable	32.43	1,114	744.45	88.86	200.23
Other Receivables	29.47	39.03	2.86	1.98	10.64
Receivables	61.9	1,153	747.31	90.84	210.87
Inventory	626.15	765.35	348.67	102.66	26.83
Prepaid Expenses	16.37	25.65	13.92	7.82	-
Other Current Assets	354.29	302.01	689.15	127.86	42.67
Total Current Assets	1,569	3,533	3,284	821.01	295.76
Property, Plant & Equipment	6,016	4,884	3,014	1,959	449.29
Long-Term Investments	143.75	143.75	108.4	71.49	20.38
Other Intangible Assets	0.51	13.05	0.51	1.08	0.45
Long-Term Accounts Receivable	-	-	-	14.5	-
Long-Term Deferred Tax Assets	-	-	569.46	-	-
Other Long-Term Assets	1.03	1.08	0.83	0.15	88.93
Total Assets	7,730	8,576	6,977	2,867	854.81
Accounts Payable	648.24	399.19	275.94	166.82	83.39
Accrued Expenses	66.35	42.34	27.86	7.58	2.65
Short-Term Debt	0.32	0.36	-	-	0.4
Current Portion of Long-Term Debt	248.68	290.04	262.74	193.23	266.55
Current Portion of Leases	25.12	48.64	16.7	12.94	1.27
Current Income Taxes Payable	46.37	61.17	60.32	11.17	6.81
Current Unearned Revenue	173.59	971.26	1,158	293.89	1.72
Other Current Liabilities	33.02	62.22	69.69	11.69	7.57
Total Current Liabilities	1,242	1,875	1,871	697.32	370.35
Long-Term Debt	363.21	573.11	809.69	774.56	403.57
Long-Term Leases	39.76	27.83	13.19	19.28	-
Pension & Post-Retirement Benefits	18.45	18.91	15.25	4.23	1.15
Long-Term Deferred Tax Liabilities	264.07	98.34	336.09	202.9	10.52
Other Long-Term Liabilities	-	-	-	-	1.7
Total Liabilities	1,927	2,593	3,045	1,698	787.28
Common Stock	221.5	221.5	221.5	188.04	18.04
Additional Paid-In Capital	1,502	1,502	1,147	-	-
Retained Earnings	3,492	3,673	2,170	777.88	40.76
Comprehensive Income & Other	587.27	585.72	392.67	202.96	0.02
Total Common Equity	5,803	5,982	3,932	1,169	58.82
Minority Interest	-	-	-	-	8.71
Shareholders' Equity	5,803	5,982	3,932	1,169	67.53
Total Liabilities & Equity	7,730	8,576	6,977	2,867	854.81
Total Debt	677.09	939.98	1,102	1,000	671.79
Net Cash (Debt)	-167.11	347.49	382.58	-508.18	-656.4
Net Cash Growth	-	-9.17%	-	-	-
Net Cash Per Share	-0.75	1.57	1.73	-2.70	-36.39
Filing Date Shares Outstanding	221.5	221.5	221.5	188.04	18.04
Total Common Shares Outstanding	221.5	221.5	221.5	188.04	18.04
Working Capital	327.02	1,658	1,413	123.69	-74.59
Book Value Per Share	26.20	27.01	17.75	6.22	3.26
Tangible Book Value	5,802	5,969	3,931	1,168	58.36
Tangible Book Value Per Share	26.20	26.95	17.75	6.21	3.24
Land	-	-	-	-	3
Buildings	176.69	176.69	126.94	51.83	5.98
Machinery	3,179	2,971	2,085	1,420	62.15
Construction In Progress	1,885	747.15	332.7	275.34	283.02
Leasehold Improvements	1.46	1.46	1.11	0.77	0.22

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