IST:MARBL 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	108.43	49.68	43.78	324.8	34.23	14.3
Cash & Short-Term Investments	108.43	49.68	43.78	324.8	34.23	14.3
Cash Growth	34.53%	13.46%	-86.52%	848.92%	139.29%	-16.04%
Accounts Receivable	410.2	348.95	274.36	225.8	140.51	75.03
Other Receivables	56.58	53.71	55.03	34.18	24.74	55.92
Receivables	466.78	402.66	329.39	259.97	165.24	130.95
Inventory	1,475	1,591	1,121	774.79	462.5	288.07
Prepaid Expenses	183.28	16.28	16.74	6.59	1.99	-
Other Current Assets	7.89	13.15	15.68	12.69	7.92	4.43
Total Current Assets	2,241	2,073	1,526	1,379	671.88	437.76
Property, Plant & Equipment	1,690	1,674	1,539	730.77	427	233.24
Long-Term Investments	-	-	11.16	8.21	1.27	0.35
Other Intangible Assets	286.97	39.23	36.16	13.38	15.3	12.18
Long-Term Deferred Tax Assets	50.12	52.51	40.18	34.37	27.87	22.64
Long-Term Deferred Charges	-	230.06	168.32	134.33	83.33	55.93
Other Long-Term Assets	219.08	211.33	156.16	91.58	47	17.37
Total Assets	4,487	4,280	3,477	2,391	1,274	779.47
Accounts Payable	451.84	472.02	449.06	280.69	196.29	121.32
Accrued Expenses	48.92	36.25	31.66	16.04	8.85	13.09
Short-Term Debt	307.91	182.41	112.76	113.55	107.06	112.55
Current Portion of Long-Term Debt	210.16	233.24	122.54	51.17	69.14	52.83
Current Portion of Leases	114.11	119.84	104.69	71.52	39.87	23.41
Current Income Taxes Payable	-	15.91	5.2	7.28	18.53	-
Current Unearned Revenue	211.3	147.58	169.35	124.49	75.83	58.23
Other Current Liabilities	175.89	136.99	44.56	34.27	64.35	7.61
Total Current Liabilities	1,520	1,344	1,040	699	579.93	389.04
Long-Term Debt	181.14	185.02	86.31	49.2	58.13	45.69
Long-Term Leases	234.99	254.43	184.38	137.92	113.05	71.93
Pension & Post-Retirement Benefits	43.85	43.01	24.29	15.17	18.47	5.1
Long-Term Deferred Tax Liabilities	18.61	36.61	38.31	39.24	33.74	26.41
Other Long-Term Liabilities	27.5	30.59	-	-	1.07	0.66
Total Liabilities	2,026	1,894	1,373	940.52	804.39	538.84
Common Stock	228.6	228.6	228.6	228.6	180	36
Additional Paid-In Capital	453.15	453.15	453.15	453.15	-	-
Retained Earnings	255.9	270.68	269.49	174.09	45.05	-8.54
Comprehensive Income & Other	1,515	1,424	1,153	595.12	244.21	152.25
Total Common Equity	2,452	2,376	2,104	1,451	469.26	179.72
Minority Interest	8.97	9.48	-0.3	-	-	60.92
Shareholders' Equity	2,461	2,386	2,104	1,451	469.26	240.63
Total Liabilities & Equity	4,487	4,280	3,477	2,391	1,274	779.47
Total Debt	1,048	974.93	610.68	423.35	387.25	306.42
Net Cash (Debt)	-939.87	-925.25	-566.89	-98.55	-353.02	-292.11
Net Cash Per Share	-	-4.05	-2.48	-0.52	-10.70	-81.14
Filing Date Shares Outstanding	-	228.6	228.6	228.6	180	3.6
Total Common Shares Outstanding	-	228.6	228.6	228.6	180	3.6
Working Capital	720.86	728.85	486.55	679.85	91.95	48.71
Book Value Per Share	-	10.40	9.20	6.35	2.61	49.92
Tangible Book Value	2,165	2,337	2,068	1,438	453.97	167.54
Tangible Book Value Per Share	-	10.22	9.05	6.29	2.52	46.54
Land	-	413.79	583.04	229.84	114.69	27.1
Buildings	-	443.14	250.44	149.1	86.28	52.52
Machinery	-	1,577	1,196	749.38	425.18	288.54
Construction In Progress	-	7.79	56	8.65	6.06	3.82
Leasehold Improvements	-	79.87	63.22	49.71	30.45	28.1