Ihlas Holding A.S. (IST:IHLAS)

Ihlas Holding A.S. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	467.09	464.1	483.96	1,058	630.04	488.6
Short-Term Investments	326.9	293.12	180.71	191.21	70.2	-
Cash & Short-Term Investments	793.99	757.21	664.66	1,249	700.24	488.6
Cash Growth	63.44%	13.92%	-46.77%	78.34%	43.32%	968.00%
Accounts Receivable	2,822	2,542	2,615	2,846	1,345	1,027
Other Receivables	196.21	119.51	116.48	231.8	57.65	11.18
Receivables	3,019	2,662	2,731	3,078	1,402	1,038
Inventory	10,676	8,828	11,046	4,175	1,512	929.7
Prepaid Expenses	124.41	115.37	139.74	99.03	54.69	25.92
Other Current Assets	1,484	1,307	1,336	1,080	487.71	242.86
Total Current Assets	16,096	13,669	15,918	9,681	4,157	2,725
Property, Plant & Equipment	5,274	4,822	4,484	2,908	692.28	345.38
Long-Term Investments	301.81	270.78	116.66	6.52	1.03	-
Other Intangible Assets	169.12	145.5	157.96	95.11	22.51	20.24
Long-Term Accounts Receivable	296.42	232.58	130.13	79.1	53.11	26.14
Long-Term Deferred Tax Assets	1,189	1,052	607.55	327.64	113.08	89.23
Other Long-Term Assets	3,499	3,164	3,023	2,522	559.18	600.82
Total Assets	26,827	23,356	24,437	15,620	5,598	3,807
Accounts Payable	1,781	1,523	2,259	804.43	646.59	211.25
Accrued Expenses	534.63	281.54	400.39	298.05	337.5	38.09
Short-Term Debt	314.47	339.59	0.15	3.4	6.63	42.33
Current Portion of Long-Term Debt	114.25	77.99	50.95	92.25	83	115.23
Current Portion of Leases	66.93	58.86	54.01	30.29	14.95	9.76
Current Income Taxes Payable	10.32	2.36	60.68	26.4	5.99	8.91
Current Unearned Revenue	481.87	421.15	419.03	476.35	495.44	198.13
Other Current Liabilities	45.63	119.11	108.51	90.96	42.67	25.77
Total Current Liabilities	3,349	2,823	3,353	1,822	1,633	649.47
Long-Term Debt	188.83	154.4	15.22	77.53	111.56	267.96
Long-Term Leases	254.19	250.83	257.05	116	48.88	53.93
Long-Term Unearned Revenue	6,513	5,162	4,760	3,487	32.21	815.24
Long-Term Deferred Tax Liabilities	2,463	2,218	1,463	705.21	99.94	51.37
Other Long-Term Liabilities	1,016	832.91	864.4	32.51	7.86	7.36
Total Liabilities	13,991	11,609	10,875	6,395	2,028	1,912
Common Stock	1,500	1,500	1,500	1,500	1,500	790.4
Additional Paid-In Capital	1,242	1,169	1,129	808.61	19.01	7.95
Retained Earnings	-22,114	-19,895	-18,497	-14,267	-181.88	-418.62
Treasury Stock	-	-	-	-93.16	-98.23	-
Comprehensive Income & Other	24,209	21,863	21,814	14,675	311.29	152.86
Total Common Equity	4,837	4,637	5,946	2,623	1,550	532.59
Minority Interest	7,998	7,111	7,617	6,602	2,020	1,362
Shareholders' Equity	12,835	11,748	13,563	9,225	3,570	1,895
Total Liabilities & Equity	26,827	23,356	24,437	15,620	5,598	3,807
Total Debt	938.66	881.67	377.38	319.47	265.02	489.21
Net Cash (Debt)	-144.68	-124.45	287.28	929.32	435.22	-0.61
Net Cash Growth	-	-	-69.09%	113.53%	-	-
Net Cash Per Share	-0.10	-0.08	0.19	0.62	0.32	-0.00
Filing Date Shares Outstanding	1,500	1,500	1,500	1,500	1,415	790.4
Total Common Shares Outstanding	1,500	1,500	1,500	1,500	1,415	790.4
Working Capital	12,748	10,846	12,565	7,859	2,524	2,076
Book Value Per Share	3.22	3.09	3.96	1.75	1.10	0.67
Tangible Book Value	4,668	4,491	5,788	2,528	1,528	512.35
Tangible Book Value Per Share	3.11	2.99	3.86	1.69	1.08	0.65
Land	4,534	4,119	3,606	2,363	614.01	264.63
Machinery	2,555	2,302	2,176	1,381	189.47	148.68
Construction In Progress	-	-	-	-	1.39	1.39

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.