Kuzey Boru Anonim Sirketi 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	145.47	304.91	1,015	24.43	19.04	3.3
Short-Term Investments	-	48.97	-	-	-	-
Cash & Short-Term Investments	145.47	353.88	1,015	24.43	19.04	3.3
Cash Growth	-60.39%	-65.14%	4054.31%	28.37%	476.20%	-
Accounts Receivable	2,174	1,040	647.45	218.86	57.26	5.39
Other Receivables	1.73	0.32	-	-	-	-
Receivables	2,176	1,040	647.45	218.86	57.26	5.39
Inventory	1,718	981.25	563.33	222.4	30.23	21.82
Prepaid Expenses	89.7	81.11	1.36	-	-	-
Other Current Assets	452.59	248.28	51.18	15.61	47.52	3.79
Total Current Assets	4,582	2,705	2,278	481.31	154.04	34.3
Property, Plant & Equipment	3,042	2,605	1,423	616.11	173.43	57.85
Other Intangible Assets	4.6	3.58	1.02	0.88	0.18	0.06
Long-Term Deferred Tax Assets	125.47	104.4	-	0.54	-	-
Other Long-Term Assets	-	0.01	0.13	0.04	0.02	-
Total Assets	7,754	5,418	3,703	1,099	327.67	92.21
Accounts Payable	894.46	583.26	194.79	34.72	12.89	5.79
Accrued Expenses	70.27	18.37	14.61	5.02	4.53	1.02
Short-Term Debt	706.38	375.24	55.37	143.99	29.77	0.36
Current Portion of Long-Term Debt	541.85	126.37	496	159.05	40.25	18.46
Current Portion of Leases	224.28	195.13	25.85	12.25	3.63	1.1
Current Income Taxes Payable	4.66	5.42	10.77	27.81	-	0.1
Current Unearned Revenue	231.66	135.14	325.45	70.2	81.04	2.14
Other Current Liabilities	28.4	10.65	6.98	0.82	0.38	0.32
Total Current Liabilities	2,702	1,450	1,130	453.86	172.49	29.29
Long-Term Debt	265.97	2.49	49.26	44.98	22.29	24.79
Long-Term Leases	533.72	556.18	56	18.03	3.57	2.9
Long-Term Unearned Revenue	-	-	-	-	-	11.43
Long-Term Deferred Tax Liabilities	-	-	49.14	-	9.23	0.35
Other Long-Term Liabilities	162.83	382.76	-	0.38	2.25	4.26
Total Liabilities	3,672	2,395	1,287	519.51	210.43	73.41
Common Stock	600	100	80	243.37	60	16
Additional Paid-In Capital	819.16	1,284	1,275	-	-	-
Retained Earnings	2,079	1,301	716.93	293.19	7.42	2.82
Comprehensive Income & Other	584.66	337.57	343.75	42.81	49.82	-0.02
Shareholders' Equity	4,082	3,023	2,416	579.38	117.24	18.8
Total Liabilities & Equity	7,754	5,418	3,703	1,099	327.67	92.21
Total Debt	2,272	1,255	682.48	378.3	99.5	47.63
Net Cash (Debt)	-2,127	-901.54	332.62	-353.87	-80.47	-44.32
Net Cash Per Share	-3.54	-1.50	0.69	-0.98	-0.22	-0.46
Filing Date Shares Outstanding	600	600	480	360	360	96
Total Common Shares Outstanding	600	600	480	360	360	96
Working Capital	1,880	1,255	1,149	27.45	-18.45	5.01
Book Value Per Share	6.80	5.04	5.03	1.61	0.33	0.20
Tangible Book Value	4,078	3,019	2,415	578.5	117.06	18.75
Tangible Book Value Per Share	6.80	5.03	5.03	1.61	0.33	0.20
Land	364	311.98	311.98	70.09	28.37	8.12
Buildings	181.28	155.03	152.45	135.98	15.54	1.99
Machinery	2,191	1,812	782.02	460.18	125.6	34.41
Construction In Progress	828.64	705.04	457.93	108.43	38.33	23.94
Leasehold Improvements	6.78	5.78	-	-	-	-

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