IST:KZBGY 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
Property, Plant & Equipment	47.12	35.29	17.52	16.14	4.67
Cash & Equivalents	8.74	6.86	154.33	433.13	338.35
Accounts Receivable	759.34	1,877	830.36	-	-
Other Receivables	0.02	0.03	440.5	0.21	-
Other Intangible Assets	5.7	1.33	0.32	0.23	0.05
Other Current Assets	5,431	3,841	719.56	1,082	125.04
Trading Asset Securities	47	-	-	-	-
Deferred Long-Term Tax Assets	17.18	-	-	-	-
Other Long-Term Assets	28,589	24,083	16,161	10,697	2,231
Total Assets	34,905	29,844	18,324	12,228	2,699
Current Portion of Long-Term Debt	1,319	925.34	-	-	-
Current Portion of Leases	156.16	93.32	101.71	69.74	1.22
Long-Term Debt	1,510	592.87	-	-	-
Long-Term Leases	8.13	9.75	-	1.78	2.01
Accounts Payable	804.42	734.52	383.13	74.26	44.32
Accrued Expenses	22.48	12.59	11.95	3.26	0.36
Current Income Taxes Payable	148.4	89.32	66.66	13.27	4.45
Current Unearned Revenue	192.06	43.55	0	-	0.04
Other Current Liabilities	14.67	0.28	92.37	-	0
Long-Term Unearned Revenue	808.66	267.05	6,658	2,355	453.83
Long-Term Deferred Tax Liabilities	7,211	5,990	-	-	-
Other Long-Term Liabilities	28.34	-	2.94	-	-
Total Liabilities	12,973	8,763	7,317	2,518	506.24
Common Stock	1,200	300	300	300	240
Retained Earnings	19,382	19,625	9,893	8,747	95.6
Comprehensive Income & Other	1,354	1,158	813.98	663.14	1,857
Total Common Equity	21,936	21,083	11,007	9,710	2,193
Minority Interest	-3.85	-1.12	0.31	-	-
Shareholders' Equity	21,932	21,082	11,007	9,710	2,193
Total Liabilities & Equity	34,905	29,844	18,324	12,228	2,699
Total Debt	3,735	1,621	101.71	71.53	3.23
Net Cash (Debt)	-3,679	-1,614	52.62	361.6	335.12
Net Cash (Debt) Growth	-	-	-85.45%	7.90%	-
Net Cash Per Share	-0.92	-0.40	0.01	0.09	0.08
Filing Date Shares Outstanding	4,000	4,000	4,000	4,000	4,000
Total Common Shares Outstanding	4,000	4,000	4,000	4,000	4,000
Book Value Per Share	5.48	5.27	2.75	2.43	0.55
Tangible Book Value	21,930	21,082	11,006	9,710	2,193
Tangible Book Value Per Share	5.48	5.27	2.75	2.43	0.55

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