Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)

IST:MERIT Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	168.65	1.2	2.69	2.27	0.05	0.04
Cash & Short-Term Investments	168.65	1.2	2.69	2.27	0.05	0.04
Cash Growth	4449.55%	-55.19%	18.20%	4872.62%	14.81%	15.75%
Accounts Receivable	47.12	35.61	70.52	26	7.46	0.91
Other Receivables	13.19	5.01	-	7.14	-	12.95
Receivables	60.31	40.62	70.52	33.14	7.46	13.86
Prepaid Expenses	7.43	11.92	8.29	5.56	0.48	0.42
Other Current Assets	4.85	2.18	-	-	0.01	-
Total Current Assets	241.24	55.92	81.5	40.97	8	14.31
Long-Term Investments	11,251	9,740	6,221	2,616	947.39	34.67
Other Intangible Assets	-	-	-	-	-	0
Long-Term Deferred Tax Assets	2.01	0.9	1.8	1.15	0.22	0.23
Other Long-Term Assets	8.77	8.44	9.8	7.57	1.37	1.05
Total Assets	11,503	9,805	6,314	2,666	956.97	50.27
Accounts Payable	0.8	0.24	0.55	2.58	0.09	0.02
Accrued Expenses	5.63	2.4	0.69	0.51	3.43	0.46
Current Income Taxes Payable	9.58	15.7	14.89	10.98	1.32	0.66
Other Current Liabilities	2.07	-	32.63	0.13	-	0.48
Total Current Liabilities	18.08	18.34	48.76	14.22	4.84	1.61
Long-Term Deferred Tax Liabilities	0.62	0.14	282.19	137.36	34.68	0.69
Total Liabilities	24.22	22.59	333.61	154.78	40.44	3.34
Common Stock	336.6	336.6	28.05	28.05	28.05	2.55
Additional Paid-In Capital	754.07	646.31	954.86	661.35	194.48	-
Retained Earnings	4,523	3,821	256.8	133.71	30.02	26.12
Comprehensive Income & Other	5,865	4,979	4,741	1,688	663.99	18.26
Total Common Equity	11,479	9,783	5,981	2,511	916.53	46.93
Minority Interest	0	0	0	0	-	-
Shareholders' Equity	11,479	9,783	5,981	2,511	916.53	46.93
Total Liabilities & Equity	11,503	9,805	6,314	2,666	956.97	50.27
Net Cash (Debt)	168.65	1.2	2.69	2.27	0.05	0.04
Net Cash Growth	4449.55%	-55.19%	18.20%	4872.62%	14.81%	15.75%
Net Cash Per Share	0.50	0.00	0.01	0.01	0.00	0.00
Filing Date Shares Outstanding	336.6	336.6	336.6	336.6	336.6	30.6
Total Common Shares Outstanding	336.6	336.6	336.6	336.6	336.6	30.6
Working Capital	223.15	37.58	32.73	26.76	3.15	12.7
Book Value Per Share	34.10	29.06	17.77	7.46	2.72	1.53
Tangible Book Value	11,479	9,783	5,981	2,511	916.53	46.93
Tangible Book Value Per Share	34.10	29.06	17.77	7.46	2.72	1.53

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.