IST:LOGO 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	1,128	1,215	580.91	704.76	377.58	259.39
Short-Term Investments	164.78	-	117.52	292.45	489.95	101.97
Trading Asset Securities	-	167.91	50.06	114.65	187.48	71.97
Cash & Short-Term Investments	1,292	1,383	748.49	1,112	1,055	433.32
Cash Growth	80.43%	84.72%	-32.68%	5.39%	143.47%	47.55%
Accounts Receivable	836.24	1,549	1,573	1,178	638.4	333.67
Other Receivables	1.49	-	0.29	-	0.29	-
Receivables	837.73	1,549	1,574	1,178	638.69	333.67
Inventory	18.65	29.02	18.93	52.41	13.83	5.93
Prepaid Expenses	172.31	101.93	92.69	88.82	50.4	12.9
Other Current Assets	63.36	43.91	3,123	45.45	31.45	10.46
Total Current Assets	2,385	3,106	5,557	2,476	1,789	796.27
Property, Plant & Equipment	468.49	403.69	465.86	445.52	249.66	38.66
Long-Term Investments	2,127	2,011	967.3	1,161	635.85	183.91
Goodwill	150.36	136.64	136.64	1,103	773.84	327.28
Other Intangible Assets	2,896	2,562	2,280	2,440	1,433	431.95
Long-Term Deferred Tax Assets	1	74.58	97.48	79.33	11.53	18.92
Other Long-Term Assets	26.63	28.49	6.96	8.67	8	10.48
Total Assets	8,054	8,322	9,511	7,714	4,901	1,807
Accounts Payable	302.98	426.61	338.36	405.98	236.97	81.64
Accrued Expenses	313.61	477.01	425.91	895.96	476.71	120.13
Short-Term Debt	-	4.67	3.76	49.31	22.53	57.36
Current Portion of Long-Term Debt	-	-	-	90.25	63.03	28.58
Current Portion of Leases	-	2.51	4.29	8.58	15.29	7.91
Current Income Taxes Payable	-	265.27	282.4	13.46	6.03	8.37
Current Unearned Revenue	2,522	2,714	2,438	1,690	798.77	290.9
Other Current Liabilities	91.43	-	1,397	578	370.16	147.28
Total Current Liabilities	3,230	3,890	4,890	3,732	1,989	742.16
Long-Term Debt	8.35	-	-	324.54	289.66	159.91
Long-Term Leases	-	7.12	6.98	31.91	27.44	12.67
Long-Term Unearned Revenue	54.42	107.14	95.75	65.13	-	-
Pension & Post-Retirement Benefits	258.36	226.88	193.56	194.03	111.85	37.39
Long-Term Deferred Tax Liabilities	-	-	13.43	41.08	25.2	15.19
Other Long-Term Liabilities	400.49	355.42	511.4	0.89	11.37	6.65
Total Liabilities	3,952	4,586	5,711	4,390	2,455	973.97
Common Stock	95	95	95	100	100	100
Retained Earnings	3,183	2,808	1,861	1,625	1,310	604.79
Treasury Stock	-484.75	-405.96	-405.96	-303.6	-97.66	-9.78
Comprehensive Income & Other	2,130	1,985	2,637	2,081	1,119	189.92
Total Common Equity	4,923	4,482	4,187	3,502	2,431	884.93
Minority Interest	-820.7	-745.8	-387.58	-177.58	14.58	-51.42
Shareholders' Equity	4,102	3,736	3,800	3,325	2,446	833.51
Total Liabilities & Equity	8,054	8,322	9,511	7,714	4,901	1,807
Total Debt	8.35	14.3	15.03	504.6	417.94	266.42
Net Cash (Debt)	1,284	1,368	733.46	607.26	637.07	166.9
Net Cash Growth	87.84%	86.55%	20.78%	-4.68%	281.71%	18.05%
Net Cash Per Share	-	14.59	7.80	6.36	6.61	1.73
Filing Date Shares Outstanding	-	93.8	93.97	95.46	96.4	96.66
Total Common Shares Outstanding	-	93.8	93.97	95.46	96.4	96.66
Working Capital	-845.73	-783.39	666.81	-1,256	-200.09	54.12
Book Value Per Share	-	47.78	44.56	36.69	25.22	9.15
Tangible Book Value	1,876	1,783	1,771	-41.49	224.83	125.7
Tangible Book Value Per Share	-	19.01	18.84	-0.43	2.33	1.30
Machinery	-	472.44	482.96	428.52	213.23	38.94
Leasehold Improvements	-	561.89	561.44	448.24	323.45	28.13

Source: S&P Global Market Intelligence. Standard template. Financial Sources.