Ihlas Gazetecilik 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	24.86	16.78	16.26	86.39	170.45	1.01
Short-Term Investments	160.61	128.05	126.5	98.59	43.5	-
Cash & Short-Term Investments	185.46	144.83	142.76	184.98	213.95	1.01
Cash Growth	35.62%	1.45%	-22.82%	-13.54%	21179.53%	-97.42%
Accounts Receivable	664.57	576.24	552.93	315.58	121.65	70.89
Other Receivables	288.97	87.58	137.95	215.7	172.01	0.76
Receivables	953.54	663.83	690.87	531.28	293.66	71.64
Inventory	280.23	154.97	209.82	257.19	55.94	28.01
Prepaid Expenses	16.8	1.48	2.8	1.02	0.09	0.07
Other Current Assets	6.47	14.78	16.42	49.09	31.6	7.37
Total Current Assets	1,442	979.88	1,063	1,024	595.23	108.1
Property, Plant & Equipment	810.62	657.78	656.97	371.66	82.08	27.21
Long-Term Investments	89.44	82.87	94.73	57.17	36.27	34.02
Other Intangible Assets	728.97	580.77	389.77	610.56	44.3	41.22
Other Long-Term Assets	1,942	1,566	1,438	1,053	336.64	109.26
Total Assets	5,014	3,868	3,643	3,116	1,095	319.82
Accounts Payable	102.92	64.62	69.97	40.56	19.89	13.91
Accrued Expenses	174.88	113.86	200.49	64.03	10.63	6.12
Current Portion of Long-Term Debt	-	2.41	9.36	8.82	4.8	3.15
Current Portion of Leases	25.07	15.63	17.73	9.82	4.89	3.01
Current Income Taxes Payable	9.24	6.66	6.02	3.6	-	-
Current Unearned Revenue	544.66	251.52	13.78	2.59	0.53	0.36
Other Current Liabilities	2.94	3.28	2.48	2.26	0.96	0.83
Total Current Liabilities	859.7	457.97	319.81	131.67	41.69	27.37
Long-Term Debt	-	-	3.44	13.28	14.68	19.2
Long-Term Leases	85.12	70.94	108.13	13.82	8.58	7.03
Pension & Post-Retirement Benefits	31.67	20.07	15.99	16.54	24.59	14.94
Long-Term Deferred Tax Liabilities	472.51	359.38	340.45	203.5	16.7	0.26
Total Liabilities	1,449	908.36	787.83	378.81	106.25	68.79
Common Stock	800	800	800	800	800	180
Additional Paid-In Capital	0	0.01	0.01	0.01	0	-
Retained Earnings	2,674	-2,870	-2,985	-1,334	182.92	65.16
Treasury Stock	-	-2.07	-	-	-	-
Comprehensive Income & Other	90.84	5,032	5,040	3,271	5.35	5.87
Shareholders' Equity	3,565	2,959	2,855	2,737	988.28	251.03
Total Liabilities & Equity	5,014	3,868	3,643	3,116	1,095	319.82
Total Debt	110.19	88.98	138.66	45.74	32.95	32.38
Net Cash (Debt)	75.27	55.85	4.1	139.24	181	-31.38
Net Cash Growth	49.39%	1263.19%	-97.06%	-23.07%	-	-
Net Cash Per Share	0.09	0.07	0.01	0.17	0.23	-0.22
Filing Date Shares Outstanding	800	800	800	800	800	180
Total Common Shares Outstanding	800	800	800	800	800	180
Working Capital	582.8	521.91	742.85	891.89	553.54	80.73
Book Value Per Share	4.46	3.70	3.57	3.42	1.24	1.39
Tangible Book Value	2,836	2,379	2,465	2,126	943.98	209.81
Tangible Book Value Per Share	3.54	2.97	3.08	2.66	1.18	1.17
Land	199.47	159.03	162.84	109.4	22.95	3.37
Buildings	148.21	118.16	94.15	57.89	12.46	4.5
Machinery	1,223	968.4	912.93	596.65	72.32	66.23
Leasehold Improvements	58.52	46.1	44.24	28.09	4.26	0.88

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.