IST:LOGO Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	638.33	443.81	704.76	377.58	259.39	261.6
Short-Term Investments	-	89.78	292.45	489.95	101.97	32.08
Trading Asset Securities	82.65	38.25	114.65	187.48	71.97	-
Cash & Short-Term Investments	720.98	571.84	1,112	1,055	433.32	293.68
Cash Growth	-5.61%	-48.57%	5.39%	143.47%	47.55%	92.97%
Accounts Receivable	988.04	1,202	1,178	638.4	333.67	235.67
Other Receivables	2.43	0.23	-	0.29	-	0.67
Receivables	990.47	1,202	1,178	638.69	333.67	236.34
Inventory	24.76	14.46	52.41	13.83	5.93	2.85
Prepaid Expenses	105.67	70.82	88.82	50.4	12.9	7.34
Other Current Assets	192.35	2,386	45.45	31.45	10.46	3.62
Total Current Assets	2,034	4,246	2,476	1,789	796.27	543.82
Property, Plant & Equipment	413.14	355.91	445.52	249.66	38.66	37.06
Long-Term Investments	1,937	739.01	1,161	635.85	183.91	28.1
Goodwill	143.61	104.39	1,103	773.84	327.28	202.74
Other Intangible Assets	2,326	1,742	2,440	1,433	431.95	267.5
Long-Term Deferred Tax Assets	13.09	74.48	79.33	11.53	18.92	10.01
Other Long-Term Assets	36.47	5.32	8.67	8	10.48	8.29
Total Assets	6,904	7,267	7,714	4,901	1,807	1,098
Accounts Payable	247.88	258.5	405.98	236.97	81.64	65.97
Accrued Expenses	209.8	541.14	895.96	476.71	120.13	100.71
Short-Term Debt	1.71	3.28	49.31	22.53	57.36	3.03
Current Portion of Long-Term Debt	-	-	90.25	63.03	28.58	17.04
Current Portion of Leases	9.62	2.87	8.58	15.29	7.91	6.91
Current Income Taxes Payable	143.33	-	13.46	6.03	8.37	3.46
Current Unearned Revenue	2,085	1,863	1,690	798.77	290.9	175.87
Other Current Liabilities	54.89	1,067	578	370.16	147.28	33.37
Total Current Liabilities	2,752	3,736	3,732	1,989	742.16	406.37
Long-Term Debt	-	-	324.54	289.66	159.91	112.41
Long-Term Leases	7.13	5.34	31.91	27.44	12.67	12.9
Long-Term Unearned Revenue	57.18	73.15	65.13	-	-	-
Pension & Post-Retirement Benefits	211.67	147.88	194.03	111.85	37.39	16.72
Long-Term Deferred Tax Liabilities	-	10.26	41.08	25.2	15.19	6.76
Other Long-Term Liabilities	348.92	390.7	0.89	11.37	6.65	4.6
Total Liabilities	3,377	4,363	4,390	2,455	973.97	559.77
Common Stock	95	95	100	100	100	25
Retained Earnings	2,622	1,422	1,625	1,310	604.79	436.48
Treasury Stock	-389.01	-310.15	-303.6	-97.66	-9.78	-10.05
Comprehensive Income & Other	1,914	1,992	2,081	1,119	189.92	80.18
Total Common Equity	4,242	3,199	3,502	2,431	884.93	531.61
Minority Interest	-714.68	-296.11	-177.58	14.58	-51.42	6.14
Shareholders' Equity	3,527	2,903	3,325	2,446	833.51	537.75
Total Liabilities & Equity	6,904	7,267	7,714	4,901	1,807	1,098
Total Debt	18.45	11.48	504.6	417.94	266.42	152.3
Net Cash (Debt)	702.53	560.35	607.26	637.07	166.9	141.38
Net Cash Growth	115.72%	-7.72%	-4.68%	281.71%	18.05%	785.23%
Net Cash Per Share	7.49	5.96	6.36	6.61	1.73	1.46
Filing Date Shares Outstanding	93.66	93.99	95.46	96.4	96.66	99.97
Total Common Shares Outstanding	93.66	93.99	95.46	96.4	96.66	99.97
Working Capital	-717.86	509.43	-1,256	-200.09	54.12	137.45
Book Value Per Share	45.29	34.04	36.69	25.22	9.15	5.32
Tangible Book Value	1,772	1,353	-41.49	224.83	125.7	61.37
Tangible Book Value Per Share	18.92	14.39	-0.43	2.33	1.30	0.61
Machinery	474.93	368.98	428.52	213.23	38.94	27.82
Leasehold Improvements	538	428.93	448.24	323.45	28.13	26.03

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.