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 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	957.31	290.45	399.11	1,015	24.43	19.04
Short-Term Investments	-	-	64.1	-	-	-
Cash & Short-Term Investments	957.31	290.45	463.2	1,015	24.43	19.04
Cash Growth	1713.32%	-37.30%	-54.37%	4054.31%	28.37%	476.20%
Accounts Receivable	2,776	2,662	1,361	647.45	218.86	57.26
Other Receivables	1.73	1.73	0.42	-	-	-
Receivables	2,778	2,664	1,362	647.45	218.86	57.26
Inventory	3,710	3,220	1,284	563.33	222.4	30.23
Prepaid Expenses	7.22	41.01	106.17	1.36	0.43	-
Other Current Assets	983.5	315.34	324.16	51.18	15.18	47.52
Total Current Assets	8,436	6,531	3,540	2,278	481.31	154.04
Property, Plant & Equipment	5,401	4,041	3,409	1,423	616.11	173.43
Long-Term Investments	0.3	0.68	-	-	-	-
Other Intangible Assets	21.64	19.44	4.69	1.02	0.88	0.18
Long-Term Deferred Tax Assets	53.05	418.26	136.66	-	0.54	-
Other Long-Term Assets	22.85	3.29	0.01	0.13	0.04	0.02
Total Assets	13,935	11,013	7,090	3,703	1,099	327.67
Accounts Payable	2,223	1,276	763.45	195.51	34.72	12.89
Accrued Expenses	92.15	75.61	30.38	14.61	5.02	4.53
Short-Term Debt	793.62	521.41	493.82	54.65	143.99	29.77
Current Portion of Long-Term Debt	1,503	1,095	166.38	496	159.05	40.25
Current Portion of Leases	369.76	306.77	255.41	25.85	12.25	3.63
Current Income Taxes Payable	14.05	5.41	-	10.77	27.81	-
Current Unearned Revenue	1,469	300.82	176.88	325.45	70.2	81.04
Other Current Liabilities	5.58	3.21	10.25	6.98	0.82	0.38
Total Current Liabilities	6,470	3,584	1,897	1,130	453.86	172.49
Long-Term Debt	759	1,333	504.27	49.26	44.98	22.29
Long-Term Leases	913.94	1,003	728	56	18.03	3.57
Pension & Post-Retirement Benefits	11.34	19.11	4.88	2.85	2.25	0.61
Long-Term Deferred Tax Liabilities	-	-	-	49.14	-	9.23
Other Long-Term Liabilities	649.36	627.1	-	-	0.38	2.25
Total Liabilities	8,804	6,566	3,134	1,287	519.51	210.43
Common Stock	600	600	100	80	243.37	60
Additional Paid-In Capital	985.46	895.54	1,256	1,275	-	-
Retained Earnings	2,634	2,185	1,703	716.93	293.19	7.42
Comprehensive Income & Other	911.39	766.52	897.98	343.75	42.81	49.82
Shareholders' Equity	5,131	4,447	3,957	2,416	579.38	117.24
Total Liabilities & Equity	13,935	11,013	7,090	3,703	1,099	327.67
Total Debt	4,339	4,259	2,148	681.75	378.3	99.5
Net Cash (Debt)	-3,382	-3,968	-1,685	333.34	-353.87	-80.47
Net Cash Per Share	-5.64	-6.61	-2.81	0.69	-0.98	-0.22
Filing Date Shares Outstanding	600	600	600	480	360	360
Total Common Shares Outstanding	600	600	600	480	360	360
Working Capital	1,966	2,947	1,643	1,149	27.45	-18.45
Book Value Per Share	8.55	7.41	6.59	5.03	1.61	0.33
Tangible Book Value	5,110	4,428	3,952	2,415	578.5	117.06
Tangible Book Value Per Share	8.52	7.38	6.59	5.03	1.61	0.33
Land	448	408.36	408.36	311.98	70.09	28.37
Buildings	1,889	997.28	202.92	152.45	135.98	15.54
Machinery	3,233	2,765	2,371	782.02	460.18	125.6
Construction In Progress	210.65	157.52	922.84	457.93	108.43	38.33
Leasehold Improvements	23.36	14.37	7.57	-	-	-