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	Jun '26 Jun 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	14.5	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	18.09	30.76	95.49	86.32	23.37	2.87
Cash Growth	200.82%	-67.78%	10.61%	269.35%	715.65%	-31.84%
Accounts Receivable	352.53	829.18	806.53	667.9	691.57	124.39
Other Receivables	23.82	10.97	39.79	4.63	4.61	1.65
Receivables	376.35	840.14	846.32	672.53	696.18	126.04
Inventory	547.52	498.04	416.8	356.62	249.66	152.66
Prepaid Expenses	4.97	10.5	15.42	6.15	-	0.41
Other Current Assets	66.92	63.08	77.1	34.84	22.62	12.24
Total Current Assets	1,014	1,443	1,451	1,156	991.83	294.23
Property, Plant & Equipment	480.19	403.15	335.03	217.66	139.8	18.76
Long-Term Investments	92.23	67.1	42.11	70.9	80.91	36.65
Other Intangible Assets	192.37	83.01	83.37	66.01	46.92	7.34
Long-Term Accounts Receivable	-	-	-	-	-	106.18
Long-Term Deferred Tax Assets	138.44	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	1,392	599.21	678.53	431.1	317.41	119.27
Total Assets	3,309	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	Jun '26 Jun 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	212.59	165.42	173.17	164.83	106.19	42.08
Accrued Expenses	87.02	61.12	55.3	57.31	55.13	7.53
Short-Term Debt	0.81	0.66	0.8	0.15	0.14	0.11
Current Portion of Long-Term Debt	70.29	48.6	-	-	-	-
Current Portion of Leases	10.39	7.67	24.58	14.01	7.3	1.6
Current Income Taxes Payable	18.14	2.17	1.53	3.66	7.06	0.32
Current Unearned Revenue	33.59	22.88	38.65	35	14.77	8.34
Other Current Liabilities	14.9	29.26	13.92	14.24	21.93	4.24
Total Current Liabilities	447.75	337.8	307.95	289.21	212.52	64.22
Long-Term Debt	44.49	42.98	-	-	-	-
Long-Term Leases	137.43	120.96	91.51	52.19	42.91	9.46
Pension & Post-Retirement Benefits	51.08	36.39	18.65	12.12	15.9	17.09
Long-Term Deferred Tax Liabilities	240.42	171.37	330.9	217.44	90.05	11.21
Other Long-Term Liabilities	22.02	19.18	31.86	32.56	25.42	4.45
Total Liabilities	943.19	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	Jun '26 Jun 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	42.46	36.06	150.87	115.26	79.83	6.74
Retained Earnings	211.98	210.38	-3,985	-3,100	-1,927	166.01
Treasury Stock	-	-	-31	-23.06	-5.99	-
Comprehensive Income & Other	1,750	1,439	5,518	4,137	2,762	-27.77
Total Common Equity	2,355	2,036	2,003	1,480	1,259	495.47
Minority Interest	10.15	8.71	5.75	-	-	-
Shareholders' Equity	2,365	2,045	2,009	1,480	1,259	495.47
Total Liabilities & Equity	3,309	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	Jun '26 Jun 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	263.42	220.88	116.89	66.35	50.36	11.16
Net Cash (Debt)	-245.33	-190.12	-21.4	19.98	-26.98	-8.3
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.70	-0.54	-0.06	0.06	-0.08	-0.02
Filing Date Shares Outstanding	350.5	350.5	343	343.31	350.47	350.5
Total Common Shares Outstanding	350.5	350.5	343	343.31	350.47	350.5
Working Capital	566.1	1,105	1,143	867.25	779.31	230.01
Book Value Per Share	6.72	5.81	5.84	4.31	3.59	1.41
Tangible Book Value	2,163	1,953	1,920	1,414	1,212	488.13
Tangible Book Value Per Share	6.17	5.57	5.60	4.12	3.46	1.39
Machinery	681.37	564.66	476.97	347.83	227.46	27.35