Kervansaray Yatirim Holding A.S. (IST:KERVN)

IST:KERVN Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.41	5.06	6.55	3.34	4.43	4.35
Cash & Short-Term Investments	5.41	5.06	6.55	3.34	4.43	4.35
Cash Growth	13.12%	-22.67%	96.00%	-24.68%	1.93%	-5.43%
Accounts Receivable	92.61	75.79	2.67	4.25	17.96	6.65
Other Receivables	14.19	-	-	-	172.59	188.18
Receivables	108.81	77.4	2.67	4.86	227.78	242.12
Inventory	-	0.01	0.26	0.06	-	6.36
Prepaid Expenses	9.59	11.91	18.33	4.62	4.76	0.29
Other Current Assets	8.92	12.8	8.25	10.11	44.83	28.51
Total Current Assets	132.73	107.19	36.04	22.99	281.8	281.63
Property, Plant & Equipment	1.85	1.39	1.75	1.06	221.46	148.52
Long-Term Investments	859.82	785.94	808.9	360.36	60.58	60.58
Other Intangible Assets	406.18	370.37	378.75	162.63	120.01	0.05
Long-Term Deferred Tax Assets	-	-	22.8	-	-	-
Other Long-Term Assets	7,167	6,522	6,573	2,488	1,134	510.43
Total Assets	8,568	7,787	7,821	3,035	1,818	1,001
Accounts Payable	738.74	627.17	573.94	328.32	182.75	33.17
Accrued Expenses	51.25	50.94	80.09	52.25	46.3	38.76
Short-Term Debt	861.23	778	126.47	-	-	-
Current Portion of Long-Term Debt	4,109	3,710	5,290	2,316	1,694	1,095
Current Income Taxes Payable	0.07	0.07	0.1	0.08	-	-
Current Unearned Revenue	33.5	27.33	142.52	99.04	107.4	92.41
Other Current Liabilities	174.93	172.23	279.8	103.54	55.25	69.86
Total Current Liabilities	5,969	5,365	6,493	2,899	2,085	1,329
Long-Term Debt	102.39	93.08	120.23	53.56	95.6	61.24
Long-Term Deferred Tax Liabilities	994.8	699.6	655.9	108.99	-	-
Other Long-Term Liabilities	0.62	0.62	0.9	5.06	7.83	0.91
Total Liabilities	7,067	6,159	7,271	3,068	2,190	1,392
Common Stock	588.51	588.51	588.51	588.51	588.51	588.51
Additional Paid-In Capital	162.58	147.72	147.72	62.09	10.92	10.92
Retained Earnings	-7,354	-6,399	-6,794	-2,876	-946.76	-924.61
Comprehensive Income & Other	8,397	7,577	6,858	2,350	76.12	17.09
Total Common Equity	1,794	1,914	800.55	124.9	-271.21	-308.1
Minority Interest	-293.33	-285.9	-249.86	-157.63	-100.61	-82.63
Shareholders' Equity	1,501	1,628	550.69	-32.73	-371.82	-390.72
Total Liabilities & Equity	8,568	7,787	7,821	3,035	1,818	1,001
Total Debt	5,073	4,581	5,537	2,370	1,789	1,156
Net Cash (Debt)	-5,067	-4,576	-5,530	-2,366	-1,785	-1,152
Net Cash Per Share	-8.61	-7.78	-9.40	-4.02	-3.03	-1.96
Filing Date Shares Outstanding	588.51	588.51	588.51	588.51	588.51	588.51
Total Common Shares Outstanding	588.51	588.51	588.51	588.51	588.51	588.51
Working Capital	-5,836	-5,258	-6,457	-2,876	-1,804	-1,047
Book Value Per Share	3.05	3.25	1.36	0.21	-0.46	-0.52
Tangible Book Value	1,388	1,544	421.81	-37.73	-391.22	-308.15
Tangible Book Value Per Share	2.36	2.62	0.72	-0.06	-0.66	-0.52
Land	-	-	-	-	-	40.83
Buildings	-	-	-	-	-	125.03
Machinery	88.61	87.64	123.97	84.29	-	99.32

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.