IST:HOROZ Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,027	81.78	44.46	32.88
Cash & Short-Term Investments	1,027	81.78	44.46	32.88
Cash Growth	1155.30%	83.93%	35.24%	-
Accounts Receivable	1,268	1,519	718.06	511.87
Other Receivables	105.12	86.98	152.35	112.97
Receivables	1,374	1,606	870.41	624.84
Prepaid Expenses	61.42	48.88	26.12	21.32
Other Current Assets	141.47	231.23	84.05	72.07
Total Current Assets	2,603	1,968	1,025	751.11
Property, Plant & Equipment	4,047	2,952	1,546	1,471
Long-Term Investments	-	-	69.51	71.11
Other Intangible Assets	30.61	23.02	12.24	14.83
Long-Term Deferred Tax Assets	-	12.94	56.12	60.8
Other Long-Term Assets	134.03	171.76	112.7	119.23
Total Assets	6,814	5,128	2,822	2,488
Accounts Payable	935.22	1,209	709.79	613.62
Accrued Expenses	169.03	166.73	101.12	72.43
Short-Term Debt	81.23	536.55	263.03	333.15
Current Portion of Long-Term Debt	38.79	22.17	39.89	42.53
Current Portion of Leases	620.86	378.22	341.17	284.87
Current Income Taxes Payable	2.47	8.82	8.53	5.21
Current Unearned Revenue	23.87	59.36	29.94	17.98
Other Current Liabilities	71.03	85.25	136.19	153.32
Total Current Liabilities	1,942	2,466	1,630	1,523
Long-Term Debt	54.73	46.5	18.26	20.01
Long-Term Leases	1,642	1,270	418.46	407.22
Long-Term Unearned Revenue	-	0.81	25.51	-
Long-Term Deferred Tax Liabilities	102.29	-	-	-
Other Long-Term Liabilities	97.68	134.92	80.11	120.94
Total Liabilities	3,839	3,918	2,172	2,071
Common Stock	90.49	72.49	100	100
Additional Paid-In Capital	1,055	-	-	-
Retained Earnings	546.99	-153.12	-163.43	-468.63
Comprehensive Income & Other	1,283	1,291	689.28	759.5
Total Common Equity	2,976	1,210	625.85	390.87
Minority Interest	-	0	24.24	25.53
Shareholders' Equity	2,976	1,210	650.1	416.4
Total Liabilities & Equity	6,814	5,128	2,822	2,488
Total Debt	2,437	2,253	1,081	1,088
Net Cash (Debt)	-1,411	-2,171	-1,036	-1,055
Net Cash Per Share	-15.59	-29.95	-10.36	-10.55
Filing Date Shares Outstanding	90.49	72.49	100	100
Total Common Shares Outstanding	90.49	72.49	100	100
Working Capital	660.58	-497.99	-604.62	-772.02
Book Value Per Share	32.88	16.69	6.26	3.91
Tangible Book Value	2,945	1,187	613.62	376.04
Tangible Book Value Per Share	32.55	16.37	6.14	3.76
Land	131.52	131.52	91.1	107.08
Buildings	69.93	69.93	48.43	44.52
Machinery	1,817	1,545	336.36	289.48
Construction In Progress	-	-	0.42	-
Leasehold Improvements	231.83	195.99	-	-

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.