IST:IHEVA Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	14.35	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	16.48	30.76	95.49	86.32	23.37	2.87
Cash Growth	67.25%	-67.78%	10.61%	269.35%	715.65%	-31.84%
Accounts Receivable	453.52	829.18	806.53	667.9	691.57	124.39
Other Receivables	129.81	10.97	39.79	4.63	4.61	1.65
Receivables	583.33	840.14	846.32	672.53	696.18	126.04
Inventory	644.59	498.04	416.8	356.62	249.66	152.66
Prepaid Expenses	80.57	10.5	15.42	6.15	-	0.41
Other Current Assets	5.65	63.08	77.1	34.84	22.62	12.24
Total Current Assets	1,331	1,443	1,451	1,156	991.83	294.23
Property, Plant & Equipment	1,440	403.15	335.03	217.66	139.8	18.76
Long-Term Investments	103.19	67.1	42.11	70.9	80.91	36.65
Other Intangible Assets	203.74	83.01	83.37	66.01	46.92	7.34
Long-Term Accounts Receivable	-	-	-	-	-	106.18
Long-Term Deferred Tax Assets	156.07	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	747.88	599.21	678.53	431.1	317.41	119.27
Total Assets	3,981	2,774	2,790	2,084	1,646	601.89

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	190.97	165.42	173.17	164.83	106.19	42.08
Accrued Expenses	52.33	61.12	55.3	57.31	55.13	7.53
Short-Term Debt	12.16	0.66	0.8	0.15	0.14	0.11
Current Portion of Long-Term Debt	340.86	48.6	-	-	-	-
Current Portion of Leases	-	7.67	24.58	14.01	7.3	1.6
Current Income Taxes Payable	4.39	2.17	1.53	3.66	7.06	0.32
Current Unearned Revenue	45.77	22.88	38.65	35	14.77	8.34
Other Current Liabilities	295	29.26	13.92	14.24	21.93	4.24
Total Current Liabilities	941.47	337.8	307.95	289.21	212.52	64.22
Long-Term Debt	333.92	42.98	-	-	-	-
Long-Term Leases	-	120.96	91.51	52.19	42.91	9.46
Pension & Post-Retirement Benefits	52.49	36.39	18.65	12.12	15.9	17.09
Long-Term Deferred Tax Liabilities	267.62	171.37	330.9	217.44	90.05	11.21
Other Long-Term Liabilities	21.97	19.18	31.86	32.56	25.42	4.45
Total Liabilities	1,617	728.69	780.87	603.52	386.8	106.42

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	350.5	350.5	350.5	350.5	350.5	350.5
Additional Paid-In Capital	44.83	36.06	150.87	115.26	79.83	6.74
Retained Earnings	85.54	210.38	-3,985	-3,100	-1,927	166.01
Treasury Stock	-	-	-31	-23.06	-5.99	-
Comprehensive Income & Other	1,872	1,439	5,518	4,137	2,762	-27.77
Total Common Equity	2,353	2,036	2,003	1,480	1,259	495.47
Minority Interest	11.07	8.71	5.75	-	-	-
Shareholders' Equity	2,364	2,045	2,009	1,480	1,259	495.47
Total Liabilities & Equity	3,981	2,774	2,790	2,084	1,646	601.89

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	686.94	220.88	116.89	66.35	50.36	11.16
Net Cash (Debt)	-670.47	-190.12	-21.4	19.98	-26.98	-8.3
Net Cash Growth	-	-	-	-	-	-
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	389.14	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	2,149	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