IST:MCARD 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	1,094	982.18	1,107	774.64
Short-Term Investments	3,125	1,983	1,426	1,030
Cash & Short-Term Investments	4,219	2,965	2,533	1,805
Cash Growth	133.77%	17.05%	40.37%	-
Accounts Receivable	2,538	1,718	1,524	1,362
Other Receivables	11.46	82.41	34.92	45.68
Receivables	2,549	1,801	1,559	1,407
Inventory	10.26	4.96	4.78	5.32
Prepaid Expenses	-	0.16	9.33	10.07
Other Current Assets	40.3	28.07	137.68	10.61
Total Current Assets	6,819	4,799	4,244	3,238
Property, Plant & Equipment	1,483	1,375	1,004	826.37
Other Intangible Assets	104.57	67.64	105.67	70.21
Long-Term Deferred Tax Assets	-	-	-	15.91
Other Long-Term Assets	184.36	167.41	163.73	154.47
Total Assets	8,595	6,409	5,517	4,305
Accounts Payable	3,247	2,840	2,551	2,210
Accrued Expenses	76.58	55.84	43.96	17.43
Short-Term Debt	-	3.69	0.29	6.02
Current Portion of Long-Term Debt	417.32	395.26	165.12	147.89
Current Portion of Leases	1.81	2.74	0.5	0.73
Current Income Taxes Payable	65.28	39.6	101.36	91.68
Current Unearned Revenue	1,578	1,125	899.63	684.61
Other Current Liabilities	9.45	2.05	0.83	4.45
Total Current Liabilities	5,396	4,465	3,762	3,162
Long-Term Debt	159.58	201.94	125.97	3.71
Long-Term Leases	4.06	4.46	0.41	0.59
Long-Term Unearned Revenue	-	0.04	-	-
Pension & Post-Retirement Benefits	13.99	2.82	2.02	4.9
Long-Term Deferred Tax Liabilities	135.77	109.69	55.78	-
Total Liabilities	5,710	4,784	3,946	3,172
Common Stock	92.6	80	80	20
Retained Earnings	1,664	1,372	1,323	994.93
Comprehensive Income & Other	199.02	173.55	168.27	118.44
Shareholders' Equity	2,885	1,626	1,571	1,133
Total Liabilities & Equity	8,595	6,409	5,517	4,305
Total Debt	582.78	608.08	292.29	158.94
Net Cash (Debt)	3,636	2,357	2,241	1,646
Net Cash Growth	120.94%	5.18%	36.16%	-
Net Cash Per Share	43.73	29.46	28.01	82.29
Filing Date Shares Outstanding	92.6	80	80	20
Total Common Shares Outstanding	92.6	80	80	20
Working Capital	1,422	334.35	481.98	75.6
Book Value Per Share	31.16	20.32	19.64	56.67
Tangible Book Value	2,780	1,558	1,465	1,063
Tangible Book Value Per Share	30.03	19.48	18.32	53.16
Land	287.74	263.36	255.76	234.74
Buildings	55.89	50.78	48.81	42.03
Machinery	1,270	1,195	896.15	768.23
Leasehold Improvements	3.59	3.26	-	-