Koç Holding A.S. 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	392,039	358,830	402,064	417,840	249,825	93,849
Short-Term Investments	118,114	80,858	70,710	51,489	31,954	13,681
Trading Asset Securities	6,111	5,553	5,152	4,855	7,830	802
Cash & Short-Term Investments	516,264	445,241	477,926	474,184	289,609	108,332
Cash Growth	41.22%	-6.84%	0.79%	63.73%	167.33%	62.94%
Accounts Receivable	289,227	279,649	248,340	212,302	811,844	278,834
Other Receivables	531,848	480,957	499,403	255,000	132,475	60,252
Receivables	821,075	760,606	747,743	467,302	944,319	339,086
Inventory	222,674	211,496	223,332	170,401	140,712	47,665
Finance Div. Loans and Leases	1,478,343	1,440,716	1,318,061	1,006,132	-	-
Prepaid Expenses	29,116	49,002	65,481	103,114	62,474	2,924
Restricted Cash	-	-	-	120,927	97,494	48,051
Other Current Assets	229,419	109,347	135,421	130,253	100,258	59,915
Total Current Assets	3,296,891	3,016,408	2,967,964	2,472,313	1,634,866	605,973
Property, Plant & Equipment	606,930	561,856	557,417	398,275	255,611	51,168
Long-Term Investments	736,589	751,578	756,099	660,094	431,942	130,290
Goodwill	98,940	90,702	91,179	70,022	48,730	5,582
Other Intangible Assets	155,081	109,960	81,268	53,072	37,443	10,183
Finance Div. Loans and Leases Long-Term	576,179	522,625	440,021	379,904	-	-
Long-Term Accounts Receivable	897	933	1,708	1,460	352,769	188,157
Long-Term Deferred Tax Assets	53,374	43,697	39,789	29,315	9,770	13,057
Long-Term Deferred Charges	-	33,156	26,735	16,379	8,967	2,678
Other Long-Term Assets	223,289	186,685	153,279	46,910	37,218	13,465
Total Assets	5,748,170	5,317,600	5,115,459	4,127,744	2,817,316	1,020,553
Accounts Payable	331,924	295,438	327,985	269,482	169,452	71,588
Accrued Expenses	84,716	1,683	1,927	70,414	38,153	10,666
Short-Term Debt	192,463	233,739	362,317	277,862	152,273	61,806
Current Portion of Long-Term Debt	566,566	514,539	321,096	241,183	218,009	61,150
Current Portion of Leases	7,141	5,451	5,520	2,784	2,026	780
Finance Div. Other Current Liabilities	2,163,519	1,986,121	2,000,426	1,625,666	-	-
Current Income Taxes Payable	11,993	3,239	4,670	10,502	9,377	2,565
Current Unearned Revenue	5,427	-	-	4,411	3,489	1,290
Other Current Liabilities	448,045	419,401	385,343	191,539	1,295,365	499,832
Total Current Liabilities	3,811,794	3,459,611	3,409,284	2,693,843	1,888,144	709,677
Long-Term Debt	602,002	586,223	446,574	347,846	245,172	160,130
Finance Div. Other Long-Term Liabilities	14,683	14,210	17,406	14,608	-	-
Long-Term Leases	16,327	15,316	15,458	9,338	6,268	2,649
Long-Term Unearned Revenue	10,544	9,746	9,540	7,487	4,491	1,281
Pension & Post-Retirement Benefits	37,513	36,623	38,107	31,001	18,823	4,899
Long-Term Deferred Tax Liabilities	77,968	67,814	31,669	21,915	11,810	2,607
Other Long-Term Liabilities	33,337	35,484	23,500	28,200	32,675	18,205
Total Liabilities	4,604,168	4,225,027	3,991,538	3,154,238	2,207,383	899,448
Common Stock	2,536	2,536	2,536	2,536	2,536	2,536
Additional Paid-In Capital	476	433	433	331	229	9
Retained Earnings	685,492	637,005	637,458	514,149	292,919	55,133
Treasury Stock	-130	-118	-118	-90	-62	-19
Comprehensive Income & Other	26,197	37,493	51,630	69,477	70,123	5,982
Total Common Equity	714,571	677,349	691,939	586,403	365,745	63,641
Minority Interest	429,431	415,224	431,982	387,103	244,188	57,464
Shareholders' Equity	1,144,002	1,092,573	1,123,921	973,506	609,933	121,105
Total Liabilities & Equity	5,748,170	5,317,600	5,115,459	4,127,744	2,817,316	1,020,553
Total Debt	1,384,499	1,355,268	1,150,965	879,013	623,748	286,515
Net Cash (Debt)	-868,235	-910,027	-673,039	-404,829	-334,139	-178,183
Net Cash Per Share	-342.50	-358.98	-265.50	-159.70	-131.81	-70.27
Filing Date Shares Outstanding	2,535	2,536	2,536	2,536	2,536	2,535
Total Common Shares Outstanding	2,535	2,536	2,536	2,536	2,536	2,535
Working Capital	-514,903	-443,203	-441,320	-221,530	-253,278	-103,704
Book Value Per Share	281.88	267.10	272.86	231.24	144.23	25.10
Tangible Book Value	460,550	476,687	519,492	463,309	279,572	47,876
Tangible Book Value Per Share	181.68	187.98	204.86	182.70	110.25	18.89
Land	-	135,322	132,139	92,279	62,883	-
Buildings	-	141,739	132,179	87,921	60,554	13,774
Machinery	-	680,717	647,605	479,966	314,456	54,343
Construction In Progress	-	36,003	41,208	27,731	12,099	2,550
Leasehold Improvements	-	21,500	17,097	11,655	7,187	1,288

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