IST: MAKIM Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	108.48	72.98	48.24	30	30.33	18.37
Short-Term Investments	0.04	3.08	-	-	-	-
Cash & Short-Term Investments	108.51	76.06	48.24	30	30.33	18.37
Cash Growth	54.26%	57.65%	60.80%	-1.07%	65.11%	-
Accounts Receivable	267.16	255.36	152.91	38.74	22.14	19.97
Other Receivables	4.77	0.02	9.2	5.62	0.04	0.03
Receivables	271.92	255.38	162.11	44.36	22.18	20.01
Inventory	182.24	115.59	93.42	23.74	17.8	12.45
Other Current Assets	38.77	34.22	27.26	10.08	2.67	2.07
Total Current Assets	602.75	481.25	331.03	108.18	72.98	52.89
Property, Plant & Equipment	410.75	209.13	154.97	24.52	5.47	4.5
Other Intangible Assets	1.76	1.52	1.97	0.31	0.3	0.32
Long-Term Deferred Tax Assets	7.6	23.67	19.55	1.34	0.8	0.48
Other Long-Term Assets	64.87	42.69	13.86	4.87	3.4	1.72
Total Assets	1,088	758.26	521.38	139.22	82.95	59.91
Accounts Payable	86.85	60.87	54.01	14.87	11.35	6.95
Accrued Expenses	31.5	13.54	6.63	1.86	1.29	1.42
Short-Term Debt	24.82	40.87	8.91	-	-	-
Current Portion of Long-Term Debt	39.9	22.49	-	-	-	-
Current Portion of Leases	0.67	0.14	0.27	0.22	-	-
Current Income Taxes Payable	3.78	7.05	-	-	1.22	1.23
Current Unearned Revenue	9.74	16.98	7.81	4.26	2.18	2.1
Other Current Liabilities	10	3.66	4	1.78	0.13	0.16
Total Current Liabilities	207.26	165.6	81.63	22.99	16.16	11.85
Long-Term Debt	11.35	32.23	-	-	-	-
Long-Term Leases	4.27	0.22	0.59	0.52	-	-
Total Liabilities	234.45	206.56	92.52	26.99	17.77	12.65
Common Stock	112	56	56	56	12.04	12.04
Retained Earnings	464.85	315.74	191.42	58.26	54.19	35.89
Comprehensive Income & Other	276.42	179.96	181.43	-2.04	-1.06	-0.66
Shareholders' Equity	853.27	551.7	428.85	112.22	65.18	47.27
Total Liabilities & Equity	1,088	758.26	521.38	139.22	82.95	59.91
Total Debt	81.02	95.95	9.77	0.74	-	-
Net Cash (Debt)	27.49	-19.9	38.48	29.26	30.33	18.37
Net Cash Growth	-	-	31.48%	-3.51%	65.11%	-
Net Cash Per Share	0.25	-0.18	0.34	0.26	1.26	0.76
Filing Date Shares Outstanding	112	112	112	112	24.08	24.08
Total Common Shares Outstanding	112	112	112	112	24.08	24.08
Working Capital	395.49	315.65	249.4	85.2	56.82	41.04
Book Value Per Share	7.62	4.93	3.83	1.00	2.71	1.96
Tangible Book Value	851.51	550.18	426.89	111.92	64.87	46.94
Tangible Book Value Per Share	7.60	4.91	3.81	1.00	2.69	1.95
Machinery	193.58	109.24	50.78	7	6.68	5.33
Construction In Progress	253.33	120.37	118.58	18.45	0.01	-
Leasehold Improvements	7.35	5.4	5.38	0.69	0.66	0.63

Source: S&P Capital IQ. Standard template. Financial Sources.