Loras Holding A.S. 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	373.51	109.64	755.46	862.89	485.9	211.97
Short-Term Investments	10.94	221.75	326.23	24.23	-	-
Cash & Short-Term Investments	384.45	331.38	1,082	887.12	485.9	211.97
Cash Growth	-39.77%	-69.36%	21.93%	82.57%	129.23%	818.56%
Accounts Receivable	905.54	722.95	280.18	301.34	152.14	123.33
Other Receivables	45.32	33.45	34.19	21.41	9.29	2.45
Receivables	950.86	756.4	314.38	322.75	161.44	125.78
Inventory	5,768	4,241	4,821	3,326	856.57	885.47
Prepaid Expenses	819.03	18.12	11.95	12.43	3.18	1.24
Other Current Assets	507.95	1,035	726.63	367.25	76.87	107.18
Total Current Assets	8,430	6,382	6,956	4,916	1,584	1,332
Property, Plant & Equipment	5,202	3,651	1,877	1,804	535.42	870.29
Long-Term Investments	154.69	112.11	124.69	74.76	94.19	53.33
Other Intangible Assets	103.36	86.38	90.99	56.26	14.86	15.37
Long-Term Accounts Receivable	53.34	18.59	-	1.91	2.21	1.13
Long-Term Deferred Tax Assets	80.18	125.96	418.34	78.39	43.26	34.04
Other Long-Term Assets	17,667	13,540	13,650	6,068	1,732	652.3
Total Assets	31,691	23,917	23,116	12,999	4,006	2,958
Accounts Payable	683.59	819.1	949.8	417.46	168.78	205.19
Accrued Expenses	80.48	79.95	60.89	44.65	27.89	45.94
Short-Term Debt	680.52	216.72	323.48	181.56	124.4	0.45
Current Portion of Long-Term Debt	47.7	19.63	195.39	293.19	168.98	571.75
Current Portion of Leases	383.02	62.8	74.11	-	10.44	16.34
Current Income Taxes Payable	3.12	21.84	107.96	14.11	0.01	5.28
Current Unearned Revenue	1,772	1,206	898.14	345.09	116.27	93.78
Other Current Liabilities	132.8	87.37	83.25	97.33	101.79	23.58
Total Current Liabilities	3,783	2,513	2,693	1,393	718.56	962.29
Long-Term Debt	28.15	-	34.58	185.21	212.45	323.83
Long-Term Leases	340.94	383.78	207.52	5.26	16.71	43.97
Long-Term Unearned Revenue	335.49	285.03	153.78	45.73	27.28	28.76
Pension & Post-Retirement Benefits	74.84	51.86	47.52	65.42	10.65	16.29
Long-Term Deferred Tax Liabilities	3,688	2,226	2,327	1,596	337.12	197.01
Other Long-Term Liabilities	-	-	-	1.66	1.97	2.66
Total Liabilities	8,250	5,460	5,464	3,292	1,325	1,575
Common Stock	768	768	384	384	384	384
Additional Paid-In Capital	554.78	401.63	379.79	377.78	83.22	56.43
Retained Earnings	1,983	1,662	337.03	-1,005	22.74	-37.07
Treasury Stock	-2.57	-2.05	-2.05	-1.42	-0.35	-0.35
Comprehensive Income & Other	3,685	2,853	3,034	2,067	362.64	253.46
Total Common Equity	6,988	5,682	4,133	1,823	852.24	656.47
Minority Interest	16,454	12,775	13,520	7,884	1,829	726.82
Shareholders' Equity	23,441	18,457	17,653	9,707	2,681	1,383
Total Liabilities & Equity	31,691	23,917	23,116	12,999	4,006	2,958
Total Debt	1,480	682.93	835.08	665.23	532.98	956.33
Net Cash (Debt)	-1,096	-351.54	246.61	221.89	-47.08	-744.36
Net Cash Growth	-	-	11.14%	-	-	-
Net Cash Per Share	-1.43	-0.46	0.64	0.58	-0.12	-1.94
Filing Date Shares Outstanding	768	768	384	384	384	384
Total Common Shares Outstanding	768	768	384	384	384	384
Working Capital	4,648	3,869	4,263	3,523	865.4	369.34
Book Value Per Share	9.10	7.40	10.76	4.75	2.22	1.71
Tangible Book Value	6,884	5,596	4,042	1,767	837.38	641.1
Tangible Book Value Per Share	8.96	7.29	10.53	4.60	2.18	1.67
Land	-	1,135	438.14	821.58	347.1	503.34
Buildings	-	1,048	603.45	521.63	131.1	264.48
Machinery	-	2,102	1,729	1,078	126.47	203.88
Construction In Progress	-	603.81	235.76	48.93	0.01	3.83
Leasehold Improvements	-	37.24	30.74	10.09	2.54	21.02

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