IST:KUVVA 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	2.87	3.35	30.86	1.27	8.53	4.81
Cash & Short-Term Investments	2.87	3.35	30.86	1.27	8.53	4.81
Cash Growth	-83.47%	-89.16%	2332.80%	-85.14%	77.62%	17001.88%
Accounts Receivable	454.32	439.67	720.97	59.69	17.86	1.29
Other Receivables	0.02	0.09	1.33	1.28	3.84	1.93
Receivables	454.34	439.76	722.3	60.97	21.7	3.22
Inventory	111.42	155.58	111.47	4.2	7.8	-
Prepaid Expenses	0.39	1.49	4.58	-	2.68	0.15
Other Current Assets	35.96	13	9.72	5.06	1.55	-
Total Current Assets	604.98	613.19	878.93	71.49	42.26	8.18
Property, Plant & Equipment	1,317	1,251	1,519	191.17	34.88	3.18
Long-Term Investments	4.65	4.22	4.22	3.23	2.32	12.2
Goodwill	706.47	642	642	-	-	-
Other Intangible Assets	4.02	1.89	2.09	0.37	0.4	0.03
Long-Term Deferred Tax Assets	104.03	40.41	208.4	-	-	0.72
Other Long-Term Assets	82.14	39.19	72.82	625.48	127.89	0.19
Total Assets	2,823	2,592	3,327	891.75	207.74	24.49
Accounts Payable	527.06	472.83	438.51	16.16	9.82	0.06
Accrued Expenses	31.12	32.07	112.3	2.82	3.55	2.82
Short-Term Debt	-	-	89.9	32.08	39.24	-
Current Portion of Long-Term Debt	356.06	132.58	-	52.27	34.75	-
Current Portion of Leases	3.48	3.6	3.1	1.73	3.01	-
Current Income Taxes Payable	6.11	-	-	-	-	-
Current Unearned Revenue	79.07	74.67	53.11	2.68	1.34	0.08
Other Current Liabilities	1,134	1,126	1,855	14.56	0.06	6.51
Total Current Liabilities	2,137	1,841	2,552	122.3	91.76	9.48
Long-Term Debt	185.98	303.39	128.64	46.6	39.13	-
Long-Term Leases	5.79	5.79	4.53	3.11	3.55	-
Pension & Post-Retirement Benefits	-	7.71	7.58	0.54	0.38	0.13
Long-Term Deferred Tax Liabilities	-	-	-	28.64	2.38	-
Other Long-Term Liabilities	15.12	11.03	-	0	-	-
Total Liabilities	2,344	2,169	2,693	201.19	137.2	9.6
Common Stock	31.04	31.04	31.04	31.04	25.12	13.43
Additional Paid-In Capital	0.53	637.02	637.02	486.67	38.15	9.54
Retained Earnings	-652.47	-610.64	-417.22	-76.4	-149.74	-12.35
Comprehensive Income & Other	1,076	333.84	335.13	249.24	157.02	4.26
Total Common Equity	455.28	391.26	585.97	690.56	70.54	14.88
Minority Interest	24.29	31.61	48.46	-	-	-
Shareholders' Equity	479.56	422.87	634.43	690.56	70.54	14.88
Total Liabilities & Equity	2,823	2,592	3,327	891.75	207.74	24.49
Total Debt	551.31	445.36	226.18	135.8	119.68	-
Net Cash (Debt)	-548.44	-442.02	-195.32	-134.53	-111.14	4.81
Net Cash Per Share	-17.67	-14.24	-6.29	-4.33	-4.42	0.36
Filing Date Shares Outstanding	31.04	31.04	31.04	31.04	25.12	13.43
Total Common Shares Outstanding	31.04	31.04	31.04	31.04	25.12	13.43
Working Capital	-1,532	-1,228	-1,673	-50.81	-49.5	-1.3
Book Value Per Share	14.67	12.60	18.88	22.25	2.81	1.11
Tangible Book Value	-255.21	-252.63	-58.11	690.18	70.15	14.86
Tangible Book Value Per Share	-8.22	-8.14	-1.87	22.23	2.79	1.11
Land	15.14	13.76	13.76	-	-	-
Buildings	-	-	-	-	10.43	3.2
Machinery	1,732	1,525	1,504	196.94	20.74	0.31
Construction In Progress	790.91	718.74	720.13	-	-	-
Leasehold Improvements	-	-	-	15.54	4.66	-