IST:IZENR Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	321.18	1,342	471.87	804.17	23.41	56.55
Trading Asset Securities	-	447.13	471.84	100.43	-	-
Accounts Receivable	1,382	590.59	512.53	356.3	107.2	18.63
Inventory	1,091	1,185	1,257	1,493	1,395	256.16
Prepaid Expenses	106.42	44.39	55.73	26.49	13.51	17.65
Other Current Assets	20.32	43.19	222.11	58.51	113.7	0.31
Total Current Assets	4,024	3,652	2,991	2,839	1,653	349.3
Property, Plant & Equipment	15,990	14,708	13,515	10,903	6,074	1,654
Other Intangible Assets	1.71	1.64	2.14	1.72	1.46	0.26
Long-Term Investments	3.12	2.84	2.84	2.17	1.5	0.2
Long-Term Deferred Tax Assets	-	-	459.49	133.35	20.94	-
Other Long-Term Assets	88.92	82.84	215.76	1,336	6.53	6.33
Total Assets	20,108	18,447	17,186	15,216	7,757	2,011
Accounts Payable	71.57	74.32	92.23	101.94	59.48	11.8
Accrued Expenses	86.6	85.02	58.67	40.73	180.77	4.62
Short-Term Debt	7.46	2.94	39.42	0.04	711.64	843.76
Current Portion of Long-Term Debt	319.59	295.98	191.29	68.43	453.81	402.88
Current Unearned Revenue	-	0.56	1.67	1.28	-	87.74
Current Portion of Leases	-	5.1	3.75	3.59	3.63	-
Current Income Taxes Payable	-	3.79	3.33	12.11	6.61	-
Other Current Liabilities	46	-	-	-	-	1.75
Total Current Liabilities	531.22	467.72	390.37	228.11	1,416	1,353
Long-Term Debt	735.87	754.74	502.22	573.82	-	185.21
Long-Term Leases	-	5.36	0.29	2.63	4.05	-
Long-Term Unearned Revenue	-	-	0.56	1.7	-	-
Pension & Post-Retirement Benefits	-	53.76	51.86	32.8	23.42	-
Long-Term Deferred Tax Liabilities	692.94	216.58	-	-	-	62.37
Other Long-Term Liabilities	69.21	9.22	10.8	6.76	3.48	6.37
Total Liabilities	2,029	1,507	956.09	845.81	1,447	1,607
Common Stock	2,444	2,444	2,444	575	500	500
Additional Paid-In Capital	3,150	2,862	2,862	2,187	-	-
Retained Earnings	8,253	8,007	7,315	6,446	3,371	-946.43
Comprehensive Income & Other	4,232	3,626	3,609	5,162	2,439	850.46
Shareholders' Equity	18,078	16,940	16,230	14,370	6,310	404.03
Total Liabilities & Equity	20,108	18,447	17,186	15,216	7,757	2,011
Total Debt	1,063	1,064	736.97	648.51	1,173	1,432
Net Cash (Debt)	-325.05	724.66	206.74	256.1	-1,150	-1,375
Net Cash Growth	-	250.51%	-19.27%	-	-	-
Net Cash Per Share	-	0.30	0.08	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	3,493	3,185	2,600	2,611	236.7	-1,003
Book Value Per Share	-	6.93	6.64	5.88	2.94	-
Tangible Book Value	18,077	16,938	16,228	14,368	6,309	403.77
Tangible Book Value Per Share	-	6.93	6.64	5.88	2.94	-
Land	-	1,754	1,733	1,289	561.93	-
Buildings	-	2,341	2,334	1,791	1,249	-
Machinery	-	15,012	13,279	9,698	5,713	-
Construction In Progress	-	74.14	146.85	632.21	25.02	-