IST:MERKO Balance Sheet

Financials in millions TRY. Fiscal year is July - June.

Millions TRY. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	72.81	17.87	49.67	35.64	5.18	8.81
Short-Term Investments	232.29	34.28	405.99	-	-	-
Cash & Short-Term Investments	305.1	52.15	455.66	35.64	5.18	8.81
Cash Growth	2.34%	-88.56%	1178.47%	587.50%	-41.16%	2291.08%
Accounts Receivable	115.52	34.27	63.79	164.13	4.7	5.66
Other Receivables	73.94	47.99	40.94	37.36	1.3	0.73
Receivables	189.46	82.26	104.73	201.49	6	6.38
Inventory	364.72	101.92	586.55	466.25	12.09	17.25
Prepaid Expenses	168.32	19.7	31.93	4.18	0.11	0.17
Other Current Assets	109.51	201.99	224.67	295.31	39.38	28.41
Total Current Assets	1,137	458.01	1,404	1,003	62.76	61.02
Property, Plant & Equipment	1,180	1,030	1,689	1,009	151.27	46.93
Long-Term Investments	-	114.7	-	-	118.45	71
Goodwill	-	-	138.97	126.89	-	-
Other Intangible Assets	2.32	2.51	2.89	3.84	0.05	0.06
Long-Term Deferred Tax Assets	164.4	196.28	-	-	-	0.18
Other Long-Term Assets	215.25	233.22	244.15	97.23	19.68	5.45
Total Assets	2,699	2,035	3,479	2,240	352.21	184.63
Accounts Payable	197.51	28.51	96.91	229.02	11.82	11.2
Accrued Expenses	8.32	8.55	23.32	15.32	3.51	2.92
Short-Term Debt	303.01	152.42	152.77	76.01	31.18	5.57
Current Portion of Long-Term Debt	69.41	61.48	22.66	42.67	-	-
Current Portion of Leases	-	43.59	61.02	76.3	-	-
Current Income Taxes Payable	-	-	0.02	2.85	-	0.66
Current Unearned Revenue	19.36	37.05	180.55	177.27	26.66	2.51
Other Current Liabilities	5.84	54.23	0.66	55.89	0.04	0.23
Total Current Liabilities	603.45	385.83	537.91	675.32	73.21	23.08
Long-Term Debt	97.13	66.2	58.31	40.96	-	-
Long-Term Leases	-	53.07	13.78	53.91	-	-
Pension & Post-Retirement Benefits	9.59	10.04	35.97	25.25	2.32	1.65
Long-Term Deferred Tax Liabilities	-	0.24	251.78	109.31	14.5	-
Other Long-Term Liabilities	45.43	45.43	46.91	47.77	17.31	15.25
Total Liabilities	755.61	560.8	944.66	952.52	107.34	39.99
Common Stock	115.12	101.13	101.13	88.22	72.56	72.56
Additional Paid-In Capital	990.44	668.78	668.78	386.42	59.66	59.66
Retained Earnings	-241.76	-262.85	-641.22	-625.03	-46.29	-48.97
Comprehensive Income & Other	1,080	966.82	1,259	654.05	158.93	61.4
Total Common Equity	1,943	1,474	1,388	503.66	244.86	144.65
Minority Interest	-	-	1,146	784.15	-	-
Shareholders' Equity	1,943	1,474	2,534	1,288	244.86	144.65
Total Liabilities & Equity	2,699	2,035	3,479	2,240	352.21	184.63
Total Debt	469.56	376.75	308.55	289.85	31.18	5.57
Net Cash (Debt)	-164.45	-324.61	147.11	-254.21	-26	3.24
Net Cash Per Share	-1.63	-3.21	1.58	-2.95	-0.36	0.05
Filing Date Shares Outstanding	101.13	101.13	101.13	88.22	88.22	72.56
Total Common Shares Outstanding	101.13	101.13	101.13	88.22	72.56	72.56
Working Capital	533.66	72.19	865.64	327.56	-10.46	37.93
Book Value Per Share	19.22	14.57	13.73	5.71	3.37	1.99
Tangible Book Value	1,941	1,471	1,246	372.94	244.82	144.59
Tangible Book Value Per Share	19.20	14.55	12.32	4.23	3.37	1.99
Land	-	-	188.62	139.67	18.75	5.81
Buildings	-	460.71	529.22	116.19	30.38	4.58
Machinery	-	679.61	871.56	625.83	109.21	44.79
Construction In Progress	-	276.78	248.67	206.21	0.34	1.47
Leasehold Improvements	-	10.04	14.75	10.92	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.