IST:HURGZ 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	3.14	2.04	4.05	10.2	2.49
Short-Term Investments	0.22	-	-	-	-
Cash & Short-Term Investments	3.36	2.04	4.05	10.2	2.49
Cash Growth	64.37%	-49.52%	-60.32%	309.68%	-45.76%
Accounts Receivable	230.15	162.58	212.67	234.27	131.93
Other Receivables	2,758	757.11	1,120	117.87	50.41
Receivables	2,988	919.69	1,333	352.14	182.34
Inventory	77.22	61.65	75.25	60.94	27.32
Prepaid Expenses	26.02	14.05	24.33	44.46	8.44
Other Current Assets	9.22	8.05	5.9	4.16	1.38
Total Current Assets	3,104	1,005	1,442	471.9	221.97
Property, Plant & Equipment	877.5	1,473	1,879	1,241	790.16
Long-Term Investments	0.75	0.57	0.57	0.4	0.31
Other Intangible Assets	38.2	31.99	40.6	41.69	13.6
Long-Term Deferred Tax Assets	15.26	-	-	-	2.4
Other Long-Term Assets	1,317	1,893	1,836	2,949	301.67
Total Assets	5,353	4,404	5,198	4,704	1,330
Accounts Payable	431.87	521.45	245.36	178.39	98.97
Accrued Expenses	332.34	332.96	415.41	622.76	102
Short-Term Debt	-	-	-	-	10.56
Current Portion of Leases	83.57	50.07	29.92	7.36	10.59
Current Income Taxes Payable	1.14	1.23	1.73	1.31	0.52
Current Unearned Revenue	6.06	3.03	1.83	15.48	7.56
Other Current Liabilities	1,708	535.89	311.77	237.2	53.59
Total Current Liabilities	2,563	1,445	1,006	1,063	283.78
Long-Term Leases	111.69	81.02	43.99	30.28	37.21
Long-Term Unearned Revenue	-	-	-	-	1.34
Pension & Post-Retirement Benefits	136.13	105.03	95.4	117.67	58.18
Long-Term Deferred Tax Liabilities	-	184.83	350.05	304.4	60.89
Other Long-Term Liabilities	13.49	77.13	126.95	3.61	5.05
Total Liabilities	2,824	1,893	1,622	1,518	446.45
Common Stock	592	592	592	592	592
Additional Paid-In Capital	1.66	1.26	1.26	0.88	0.08
Retained Earnings	-16,146	-12,075	-11,538	-7,353	-375.52
Comprehensive Income & Other	18,095	14,002	14,528	9,949	671.12
Total Common Equity	2,543	2,521	3,584	3,189	887.69
Minority Interest	-14.55	-9.26	-8.1	-3.6	-4.02
Shareholders' Equity	2,528	2,511	3,576	3,185	883.66
Total Liabilities & Equity	5,353	4,404	5,198	4,704	1,330
Total Debt	195.26	131.09	73.91	37.64	58.36
Net Cash (Debt)	-191.9	-129.04	-69.86	-27.44	-55.87
Net Cash Per Share	-	-0.22	-0.12	-0.05	-0.09
Filing Date Shares Outstanding	-	592	592	592	592
Total Common Shares Outstanding	-	592	592	592	592
Working Capital	540.54	-439.13	436.12	-590.61	-61.8
Book Value Per Share	-	4.26	6.05	5.39	1.50
Tangible Book Value	2,505	2,489	3,543	3,147	874.08
Tangible Book Value Per Share	-	4.20	5.98	5.32	1.48
Land	-	828.05	1,092	708.55	521.21
Buildings	-	419.51	583.88	385.45	204.92
Machinery	-	3,271	5,350	8,376	891.22
Leasehold Improvements	-	645.8	669.54	462.63	22.76

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