IST:KORDS 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	-	4,257	1,712	799.23	194.81
Short-Term Investments	-	11.5	91.64	58.21	0
Cash & Short-Term Investments	4,778	4,269	1,804	857.43	194.81
Cash Growth	11.93%	136.62%	110.41%	340.15%	-56.70%
Accounts Receivable	-	5,690	4,774	3,860	2,566
Other Receivables	-	408.14	612.51	466.33	259.69
Receivables	-	6,098	5,386	4,326	2,826
Inventory	-	7,474	6,840	5,497	2,989
Prepaid Expenses	-	186.54	412.85	192.18	93.8
Other Current Assets	-	599	298.63	272.77	82.18
Total Current Assets	-	18,627	14,742	11,146	6,185
Property, Plant & Equipment	-	12,316	10,353	6,335	4,018
Long-Term Investments	-	2.23	1.97	1.23	0.88
Goodwill	-	5,476	3,960	2,515	1,640
Other Intangible Assets	-	4,059	3,325	2,204	1,398
Long-Term Deferred Tax Assets	-	1,708	1,026	492.08	200.9
Long-Term Deferred Charges	-	365.23	243.69	93.04	54.39
Other Long-Term Assets	-	1,254	1,325	783.25	513.35
Total Assets	-	43,807	34,976	23,569	14,011
Accounts Payable	-	3,198	3,375	2,972	1,927
Accrued Expenses	-	1,029	683.65	429	287.1
Short-Term Debt	-	8,735	6,955	3,544	2,188
Current Portion of Long-Term Debt	-	5,750	427.62	1,260	724.44
Current Portion of Leases	-	148.49	113.02	53.04	17.11
Current Income Taxes Payable	-	104.76	139.87	83.92	18.5
Current Unearned Revenue	-	37.68	14.88	16.75	18.8
Other Current Liabilities	-	302.21	149.88	145.07	331.84
Total Current Liabilities	-	19,305	11,859	8,504	5,513
Long-Term Debt	-	3,093	4,269	3,096	1,266
Long-Term Leases	-	918.36	851.76	491.7	238.51
Long-Term Unearned Revenue	-	42.25	37.41	19.73	-
Pension & Post-Retirement Benefits	-	412.41	364.29	340.23	153.82
Long-Term Deferred Tax Liabilities	-	1,517	595.52	496.46	337.46
Other Long-Term Liabilities	-	1,313	938.42	595.63	17.98
Total Liabilities	-	26,602	18,915	13,543	7,527
Common Stock	-	194.53	194.53	194.53	194.53
Additional Paid-In Capital	-	62.05	62.05	62.05	62.05
Retained Earnings	-	2,203	3,299	3,187	2,058
Comprehensive Income & Other	-	11,038	9,288	4,575	2,932
Total Common Equity	15,276	13,498	12,844	8,018	5,246
Minority Interest	-	3,707	3,216	2,008	1,238
Shareholders' Equity	19,242	17,205	16,061	10,026	6,484
Total Liabilities & Equity	-	43,807	34,976	23,569	14,011
Total Debt	21,543	18,645	12,616	8,445	4,434
Net Cash (Debt)	-16,764	-14,376	-10,812	-7,587	-4,239
Net Cash Per Share	-86.18	-73.90	-55.58	-39.00	-21.79
Filing Date Shares Outstanding	194.53	194.53	194.53	194.53	194.53
Total Common Shares Outstanding	194.53	194.53	194.53	194.53	194.53
Working Capital	-	-678.75	2,883	2,642	672.43
Book Value Per Share	78.53	69.39	66.03	41.22	26.97
Tangible Book Value	4,280	3,963	5,559	3,299	2,209
Tangible Book Value Per Share	22.00	20.37	28.58	16.96	11.35
Land	-	468.7	411.66	253.1	171.83
Buildings	-	3,630	2,930	1,771	1,237
Machinery	-	20,422	16,187	9,762	6,672
Construction In Progress	-	1,124	1,441	853.05	175.41

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.