IST:IZENR 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	Jun '25 Jun 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	74.86	360.5	804.17	23.41	56.55	2.92
Trading Asset Securities	-	360.48	100.43	-	-	-
Accounts Receivable	160.04	391.56	356.3	107.2	18.63	28.7
Inventory	1,665	960.11	1,493	1,395	256.16	230.48
Prepaid Expenses	83.54	42.58	26.49	13.51	17.65	7.93
Other Current Assets	241.66	169.69	58.51	113.7	0.31	0.27
Total Current Assets	2,597	2,285	2,839	1,653	349.3	270.29
Property, Plant & Equipment	13,032	10,325	10,903	6,074	1,654	1,714
Other Intangible Assets	-	1.63	1.72	1.46	0.26	0.24
Long-Term Investments	2.53	2.17	2.17	1.5	0.2	0.2
Long-Term Deferred Tax Assets	288.68	351.04	133.35	20.94	-	-
Other Long-Term Assets	31.87	164.84	1,336	6.53	6.33	-
Total Assets	15,952	13,130	15,216	7,757	2,011	1,985
Accounts Payable	131.06	70.47	101.94	59.48	11.8	15.61
Accrued Expenses	67.3	47.37	40.73	180.77	4.62	3.32
Short-Term Debt	1.16	30.12	0.04	711.64	843.76	406.25
Current Portion of Long-Term Debt	242.8	146.14	68.43	453.81	402.88	236.92
Current Unearned Revenue	415.26	1.28	1.28	-	87.74	278.7
Current Portion of Leases	3.67	2.87	3.59	3.63	-	-
Current Income Taxes Payable	-	-	12.11	6.61	-	-
Other Current Liabilities	-	-	-	-	1.75	8.89
Total Current Liabilities	861.26	298.24	228.11	1,416	1,353	949.7
Long-Term Debt	817.42	383.91	576.45	-	185.21	315.47
Long-Term Leases	-	-	-	4.05	-	-
Long-Term Unearned Revenue	-	0.43	1.7	-	-	-
Pension & Post-Retirement Benefits	47.57	39.62	32.8	23.42	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	62.37	101.21
Other Long-Term Liabilities	11.49	8.25	6.76	3.48	6.37	4.84
Total Liabilities	1,738	730.44	845.81	1,447	1,607	1,371
Common Stock	2,444	2,444	575	500	500	390
Additional Paid-In Capital	2,551	2,187	2,187	-	-	-
Retained Earnings	6,283	5,589	6,446	3,371	-946.43	-662.17
Comprehensive Income & Other	2,936	2,180	5,162	2,439	850.46	885.85
Shareholders' Equity	14,214	12,399	14,370	6,310	404.03	613.68
Total Liabilities & Equity	15,952	13,130	15,216	7,757	2,011	1,985
Total Debt	1,065	563.03	648.51	1,173	1,432	958.65
Net Cash (Debt)	-640.97	157.95	256.1	-1,150	-1,375	-955.73
Net Cash Growth	-	-38.32%	-	-	-	-
Net Cash Per Share	-0.26	0.06	0.10	-0.54	-	-
Filing Date Shares Outstanding	2,444	2,444	2,444	2,143	-	-
Total Common Shares Outstanding	2,444	2,444	2,444	2,143	-	-
Working Capital	1,735	1,987	2,611	236.7	-1,003	-679.41
Book Value Per Share	5.82	5.07	5.88	2.94	-	-
Tangible Book Value	14,214	12,398	14,368	6,309	403.77	613.44
Tangible Book Value Per Share	5.82	5.07	5.88	2.94	-	-
Land	1,545	1,324	1,289	561.93	-	-
Buildings	2,081	1,783	1,791	1,249	-	-
Machinery	11,848	10,128	9,698	5,713	-	-
Construction In Progress	1,333	112.19	632.21	25.02	-	-

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