IST:IHEVA Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	33.98	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	37.4	30.76	95.49	86.32	23.37	2.87
Cash Growth	-12.52%	-67.78%	10.61%	269.35%	715.65%	-31.84%
Accounts Receivable	402.33	829.18	806.53	667.9	691.57	124.39
Other Receivables	27.3	10.97	39.79	4.63	4.61	1.65
Receivables	429.63	840.14	846.32	672.53	696.18	126.04
Inventory	544.85	498.04	416.8	356.62	249.66	152.66
Prepaid Expenses	42.27	10.5	15.42	6.15	-	0.41
Other Current Assets	14.58	63.08	77.1	34.84	22.62	12.24
Total Current Assets	1,069	1,443	1,451	1,156	991.83	294.23
Property, Plant & Equipment	419.66	403.15	335.03	217.66	139.8	18.76
Long-Term Investments	84.93	67.1	42.11	70.9	80.91	36.65
Other Intangible Assets	213.42	83.01	83.37	66.01	46.92	7.34
Long-Term Accounts Receivable	-	-	-	-	-	106.18
Long-Term Deferred Tax Assets	119.97	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	1,186	599.21	678.53	431.1	317.41	119.27
Total Assets	3,092	2,774	2,790	2,084	1,646	601.89
Accounts Payable	208.65	165.42	173.17	164.83	106.19	42.08
Accrued Expenses	85.86	61.12	55.3	57.31	55.13	7.53
Short-Term Debt	9.5	0.66	0.8	0.15	0.14	0.11
Current Portion of Long-Term Debt	54.18	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	46.18	22.88	38.65	35	14.77	8.34
Other Current Liabilities	31.57	29.26	13.92	14.24	21.93	4.24
Total Current Liabilities	435.94	337.8	307.95	289.21	212.52	64.22
Long-Term Debt	176.66	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	209.65	171.37	330.9	217.44	90.05	11.21
Other Long-Term Liabilities	66.69	19.18	31.86	32.56	25.42	4.45
Total Liabilities	888.93	728.69	780.87	603.52	386.8	106.42
Common Stock	350.5	350.5	350.5	350.5	350.5	350.5
Additional Paid-In Capital	39.68	36.06	150.87	115.26	79.83	6.74
Retained Earnings	186.65	210.38	-3,985	-3,100	-1,927	166.01
Treasury Stock	-	-	-31	-23.06	-5.99	-
Comprehensive Income & Other	1,616	1,439	5,518	4,137	2,762	-27.77
Total Common Equity	2,193	2,036	2,003	1,480	1,259	495.47
Minority Interest	10.12	8.71	5.75	-	-	-
Shareholders' Equity	2,203	2,045	2,009	1,480	1,259	495.47
Total Liabilities & Equity	3,092	2,774	2,790	2,084	1,646	601.89
Total Debt	240.34	220.88	116.89	66.35	50.36	11.16
Net Cash (Debt)	-202.94	-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	632.78	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	1,980	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

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