IST:IHEVA 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	28.79	94.45	86.06	23.22	2.87
Trading Asset Securities	1.97	1.03	0.26	0.16	-
Cash & Short-Term Investments	30.76	95.49	86.32	23.37	2.87
Cash Growth	-67.78%	10.61%	269.35%	715.65%	-31.84%
Accounts Receivable	829.18	806.53	667.9	691.57	124.39
Other Receivables	10.97	39.79	4.63	4.61	1.65
Receivables	840.14	846.32	672.53	696.18	126.04
Inventory	498.04	416.8	356.62	249.66	152.66
Prepaid Expenses	10.5	15.42	6.15	-	0.41
Other Current Assets	63.08	77.1	34.84	22.62	12.24
Total Current Assets	1,443	1,451	1,156	991.83	294.23
Property, Plant & Equipment	403.15	335.03	217.66	139.8	18.76
Long-Term Investments	67.1	42.11	70.9	80.91	36.65
Other Intangible Assets	83.01	83.37	66.01	46.92	7.34
Long-Term Accounts Receivable	-	-	-	-	106.18
Long-Term Deferred Tax Assets	100.77	173.23	120.12	56.56	11.98
Long-Term Deferred Charges	77.87	26.5	21.52	12.59	7.49
Other Long-Term Assets	599.21	678.53	431.1	317.41	119.27
Total Assets	2,774	2,790	2,084	1,646	601.89
Accounts Payable	165.42	173.17	164.83	106.19	42.08
Accrued Expenses	61.12	55.3	57.31	55.13	7.53
Short-Term Debt	0.66	0.8	0.15	0.14	0.11
Current Portion of Long-Term Debt	48.6	-	-	-	-
Current Portion of Leases	7.67	24.58	14.01	7.3	1.6
Current Income Taxes Payable	2.17	1.53	3.66	7.06	0.32
Current Unearned Revenue	22.88	38.65	35	14.77	8.34
Other Current Liabilities	29.26	13.92	14.24	21.93	4.24
Total Current Liabilities	337.8	307.95	289.21	212.52	64.22
Long-Term Debt	42.98	-	-	-	-
Long-Term Leases	120.96	91.51	52.19	42.91	9.46
Pension & Post-Retirement Benefits	36.39	18.65	12.12	15.9	17.09
Long-Term Deferred Tax Liabilities	171.37	330.9	217.44	90.05	11.21
Other Long-Term Liabilities	19.18	31.86	32.56	25.42	4.45
Total Liabilities	728.69	780.87	603.52	386.8	106.42
Common Stock	350.5	350.5	350.5	350.5	350.5
Additional Paid-In Capital	36.06	150.87	115.26	79.83	6.74
Retained Earnings	210.38	-3,985	-3,100	-1,927	166.01
Treasury Stock	-	-31	-23.06	-5.99	-
Comprehensive Income & Other	1,439	5,518	4,137	2,762	-27.77
Total Common Equity	2,036	2,003	1,480	1,259	495.47
Minority Interest	8.71	5.75	-	-	-
Shareholders' Equity	2,045	2,009	1,480	1,259	495.47
Total Liabilities & Equity	2,774	2,790	2,084	1,646	601.89
Total Debt	220.88	116.89	66.35	50.36	11.16
Net Cash (Debt)	-190.12	-21.4	19.98	-26.98	-8.3
Net Cash Per Share	-0.54	-0.06	0.06	-0.08	-0.02
Filing Date Shares Outstanding	350.5	343	343.31	350.47	350.5
Total Common Shares Outstanding	350.5	343	343.31	350.47	350.5
Working Capital	1,105	1,143	867.25	779.31	230.01
Book Value Per Share	5.81	5.84	4.31	3.59	1.41
Tangible Book Value	1,953	1,920	1,414	1,212	488.13
Tangible Book Value Per Share	5.57	5.60	4.12	3.46	1.39
Machinery	564.66	476.97	347.83	227.46	27.35

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