Kuzey Boru Anonim Sirketi 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	290.45	399.11	1,015	24.43	19.04
Short-Term Investments	-	64.1	-	-	-
Cash & Short-Term Investments	290.45	463.2	1,015	24.43	19.04
Cash Growth	-37.30%	-54.37%	4054.31%	28.37%	476.20%
Accounts Receivable	2,662	1,361	647.45	218.86	57.26
Other Receivables	1.73	0.42	-	-	-
Receivables	2,664	1,362	647.45	218.86	57.26
Inventory	3,220	1,284	563.33	222.4	30.23
Prepaid Expenses	41.01	106.17	1.36	0.43	-
Other Current Assets	315.34	324.16	51.18	15.18	47.52
Total Current Assets	6,531	3,540	2,278	481.31	154.04
Property, Plant & Equipment	4,041	3,409	1,423	616.11	173.43
Long-Term Investments	0.68	-	-	-	-
Other Intangible Assets	19.44	4.69	1.02	0.88	0.18
Long-Term Deferred Tax Assets	418.26	136.66	-	0.54	-
Other Long-Term Assets	3.29	0.01	0.13	0.04	0.02
Total Assets	11,013	7,090	3,703	1,099	327.67
Accounts Payable	1,276	763.45	194.79	34.72	12.89
Accrued Expenses	75.61	30.38	14.61	5.02	4.53
Short-Term Debt	521.41	493.82	55.37	143.99	29.77
Current Portion of Long-Term Debt	1,095	166.38	496	159.05	40.25
Current Portion of Leases	306.77	255.41	25.85	12.25	3.63
Current Income Taxes Payable	5.41	-	10.77	27.81	-
Current Unearned Revenue	300.82	176.88	325.45	70.2	81.04
Other Current Liabilities	3.21	10.25	6.98	0.82	0.38
Total Current Liabilities	3,584	1,897	1,130	453.86	172.49
Long-Term Debt	1,333	504.27	49.26	44.98	22.29
Long-Term Leases	1,003	728	56	18.03	3.57
Pension & Post-Retirement Benefits	19.11	4.88	2.85	2.25	0.61
Long-Term Deferred Tax Liabilities	-	-	49.14	-	9.23
Other Long-Term Liabilities	627.1	-	-	0.38	2.25
Total Liabilities	6,566	3,134	1,287	519.51	210.43
Common Stock	600	100	80	243.37	60
Additional Paid-In Capital	895.54	1,256	1,275	-	-
Retained Earnings	2,185	1,703	716.93	293.19	7.42
Comprehensive Income & Other	766.52	897.98	343.75	42.81	49.82
Shareholders' Equity	4,447	3,957	2,416	579.38	117.24
Total Liabilities & Equity	11,013	7,090	3,703	1,099	327.67
Total Debt	4,259	2,148	682.48	378.3	99.5
Net Cash (Debt)	-3,968	-1,685	332.62	-353.87	-80.47
Net Cash Per Share	-6.61	-2.81	0.69	-0.98	-0.22
Filing Date Shares Outstanding	600	600	480	360	360
Total Common Shares Outstanding	600	600	480	360	360
Working Capital	2,947	1,643	1,149	27.45	-18.45
Book Value Per Share	7.41	6.59	5.03	1.61	0.33
Tangible Book Value	4,428	3,952	2,415	578.5	117.06
Tangible Book Value Per Share	7.38	6.59	5.03	1.61	0.33
Land	408.36	408.36	311.98	70.09	28.37
Buildings	997.28	202.92	152.45	135.98	15.54
Machinery	2,765	2,371	782.02	460.18	125.6
Construction In Progress	157.52	922.84	457.93	108.43	38.33
Leasehold Improvements	14.37	7.57	-	-	-

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