Ihlas Haber Ajansi A.S. Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	14.09	40.96	83.8	268.18	135.69	36.52
Short-Term Investments	11.92	2.59	19.16	15.08	1.17	-
Cash & Short-Term Investments	26.01	43.55	102.96	283.26	136.86	36.52
Cash Growth	142.83%	-57.70%	-63.65%	106.97%	274.76%	-
Accounts Receivable	70.46	80.43	96.94	52.41	27.17	19.81
Other Receivables	192.55	158.75	153.06	0.26	0.19	2.78
Receivables	263.01	239.18	250	52.67	27.36	22.59
Prepaid Expenses	6.42	6.06	8.7	2.78	1.8	0.3
Other Current Assets	-	2.6	1.52	8.38	0.91	1.16
Total Current Assets	295.45	291.4	363.18	347.09	166.93	60.58
Property, Plant & Equipment	153.86	151.2	165.93	89.68	19.14	10.72
Other Intangible Assets	-	0	0.38	0.7	0.34	0.04
Long-Term Deferred Tax Assets	-	-	-	-	3.66	2.23
Other Long-Term Assets	32.65	26.06	26.05	13.05	3.83	1.74
Total Assets	481.96	468.66	555.53	450.52	193.89	75.31
Accounts Payable	27.79	24.16	39.91	18.02	5.57	3.98
Accrued Expenses	74.62	49.01	51.71	43.85	12.66	5.73
Current Portion of Leases	4.44	4.38	2.49	1.77	0.82	0.61
Current Income Taxes Payable	-	-	-	1.83	-	3.39
Current Unearned Revenue	10.3	7.62	6.66	4.98	1.28	1.31
Other Current Liabilities	0.63	8.65	0.86	0.34	0.26	0.35
Total Current Liabilities	117.79	93.82	101.63	70.8	20.58	15.37
Long-Term Leases	26.24	32.9	26.04	8.44	5.52	5.75
Pension & Post-Retirement Benefits	13.14	-	-	13.47	8.55	6.13
Long-Term Deferred Tax Liabilities	3.09	6.35	16.18	5.7	-	-
Other Long-Term Liabilities	1.39	10.09	13.86	3.63	1.49	0.58
Total Liabilities	162.04	143.16	157.71	102.04	36.14	27.83
Common Stock	163	163	163	64	64	42
Additional Paid-In Capital	29	139.2	139.2	280.86	89	9.8
Retained Earnings	26.54	-586.35	-518.75	-359.18	4.28	-6.23
Comprehensive Income & Other	101.38	609.65	614.37	362.81	0.47	1.91
Shareholders' Equity	319.92	325.5	397.82	348.48	157.75	47.48
Total Liabilities & Equity	481.96	468.66	555.53	450.52	193.89	75.31
Total Debt	30.69	37.29	28.53	10.21	6.33	6.36
Net Cash (Debt)	-4.68	6.26	74.42	273.05	130.53	30.16
Net Cash Growth	-	-91.58%	-72.74%	109.19%	332.85%	-
Net Cash Per Share	-0.03	0.04	0.82	1.68	1.34	0.56
Filing Date Shares Outstanding	163	163	163	163	163	53.63
Total Common Shares Outstanding	163	163	163	163	163	53.63
Working Capital	177.66	197.58	261.55	276.29	146.35	45.2
Book Value Per Share	1.96	2.00	2.44	2.14	0.97	0.89
Tangible Book Value	319.92	325.5	397.44	347.78	157.41	47.44
Tangible Book Value Per Share	1.96	2.00	2.44	2.13	0.97	0.88
Machinery	386.36	298.31	292.57	168.62	27.2	17.13
Leasehold Improvements	-	2.71	2.7	1.74	0.41	0.31

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