Ihlas Yayin Holding A.S. Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	61.24	79.93	114.65	367.53	314.04
Short-Term Investments	212.53	175.76	135.55	101.67	44.67
Trading Asset Securities	-	-	14.53	15.25	-
Cash & Short-Term Investments	273.77	255.7	264.73	484.46	358.71
Cash Growth	7.07%	-3.41%	-45.36%	35.05%	126.35%
Accounts Receivable	860.55	941.55	684.77	390.52	174.53
Other Receivables	71.66	32.45	122.62	167.57	172.84
Receivables	932.21	974	807.39	558.09	347.37
Inventory	168.11	202.85	209.6	257.19	55.94
Prepaid Expenses	29.49	9.71	7.72	0.02	0
Other Current Assets	74.42	69.89	53.45	105.79	51.53
Total Current Assets	1,478	1,512	1,343	1,406	813.55
Property, Plant & Equipment	1,407	1,423	1,075	646.82	138.65
Long-Term Investments	16.66	7.92	89.53	42.4	18.57
Other Intangible Assets	794.95	770.68	397.31	615.88	45.44
Long-Term Deferred Tax Assets	862.78	957.2	643.58	268.28	42.83
Other Long-Term Assets	1,409	1,881	1,337	972.98	320.76
Total Assets	5,969	6,551	4,885	3,952	1,380
Accounts Payable	156.93	209.16	140.35	71.57	29.58
Accrued Expenses	265.5	174.04	162.94	142.73	30.65
Short-Term Debt	-	3.16	23.94	16	7.1
Current Portion of Long-Term Debt	-	-	9.36	8.82	4.8
Current Portion of Leases	14.98	32.02	-	-	1.39
Current Income Taxes Payable	34.79	0.7	-	3.3	0.59
Current Unearned Revenue	18.61	340.1	20.48	10.81	3.6
Other Current Liabilities	205.43	106.63	83.11	6.41	3.23
Total Current Liabilities	696.25	865.81	440.18	259.64	80.93
Long-Term Debt	-	-	3.44	13.28	14.68
Long-Term Leases	164.67	165.52	153.17	33.92	24.89
Pension & Post-Retirement Benefits	79.22	52.67	36.89	41.66	41.73
Long-Term Deferred Tax Liabilities	1,202	1,415	998.91	468.22	46.38
Other Long-Term Liabilities	2.1	2.54	4.1	3.98	1.83
Total Liabilities	2,145	2,502	1,637	820.7	210.44
Common Stock	450	450	450	450	450
Additional Paid-In Capital	84.54	104.69	80.12	55.49	0.78
Retained Earnings	-1,824	-7,715	-5,677	-3,611	-14.3
Comprehensive Income & Other	2,000	8,220	6,173	4,162	-12.9
Total Common Equity	710.78	1,059	1,027	1,056	423.58
Minority Interest	3,113	2,991	2,221	2,075	745.78
Shareholders' Equity	3,824	4,049	3,248	3,131	1,169
Total Liabilities & Equity	5,969	6,551	4,885	3,952	1,380
Total Debt	179.65	200.69	189.91	72.02	52.86
Net Cash (Debt)	94.12	55	74.81	412.44	305.85
Net Cash Growth	71.12%	-26.48%	-81.86%	34.85%	195.49%
Net Cash Per Share	0.21	0.12	0.17	0.92	0.68
Filing Date Shares Outstanding	450	450	450	450	450
Total Common Shares Outstanding	450	450	450	450	450
Working Capital	781.76	646.33	902.71	1,146	732.61
Book Value Per Share	1.58	2.35	2.28	2.35	0.94
Tangible Book Value	-84.18	288.07	629.59	440.44	378.15
Tangible Book Value Per Share	-0.19	0.64	1.40	0.98	0.84
Land	419.66	394.27	257.67	186.85	32.2
Buildings	285	259.86	195.05	108.14	32.8
Machinery	2,025	1,975	1,435	917.79	118.9
Leasehold Improvements	76.87	75.53	55.34	35.52	5.53

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