IST:MNDRS Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,576	758.78	632.18	193.8	118.04
Trading Asset Securities	-	-	0.07	6.83	-
Cash & Short-Term Investments	1,576	758.78	632.26	200.63	118.04
Cash Growth	107.71%	20.01%	215.13%	69.97%	148.82%
Accounts Receivable	1,701	1,982	1,445	1,006	373.94
Other Receivables	41.75	60.58	6.95	15.06	161.33
Receivables	1,743	2,042	1,452	1,021	535.27
Inventory	3,379	3,710	3,287	3,101	683.15
Prepaid Expenses	60.59	64.36	33.53	21.39	3.71
Other Current Assets	172.49	236.35	98.47	221.5	114.81
Total Current Assets	6,932	6,811	5,503	4,566	1,455
Property, Plant & Equipment	11,682	12,748	10,196	6,885	1,969
Long-Term Investments	845.27	904.06	688.79	395.15	83.57
Other Intangible Assets	13.88	13.03	23.41	19.81	0.55
Long-Term Deferred Tax Assets	162.59	106.53	264.58	82.52	139.26
Long-Term Deferred Charges	218.69	234.33	161.11	75.39	16.85
Other Long-Term Assets	1,920	1,868	706.75	427.12	141.59
Total Assets	21,774	22,686	17,544	12,451	3,805
Accounts Payable	1,039	978.84	851.66	692.98	253.35
Accrued Expenses	278.91	301.64	287.35	325.7	80.94
Short-Term Debt	1,266	2,154	1,677	1,858	704.77
Current Portion of Long-Term Debt	507.39	492.67	457.43	505.65	593.39
Current Portion of Leases	11.98	17.03	8.87	8.69	5.71
Current Income Taxes Payable	14.9	17.86	1.23	0.6	1.73
Current Unearned Revenue	45.51	90.87	78.67	64.38	25.97
Other Current Liabilities	17.02	21.57	10.43	6.53	8.18
Total Current Liabilities	3,181	4,075	3,373	3,463	1,674
Long-Term Debt	1,501	1,658	1,465	1,385	760.16
Long-Term Leases	18.14	27.86	7.6	18.76	16.63
Long-Term Unearned Revenue	-	-	23.02	36.15	-
Pension & Post-Retirement Benefits	252.84	256.13	229.25	195.56	78.63
Long-Term Deferred Tax Liabilities	1,756	1,630	973.47	788.88	253.78
Total Liabilities	6,709	7,647	6,071	5,887	2,783
Common Stock	277.29	277.29	277.29	250	250
Additional Paid-In Capital	484.77	484.77	370.36	-	-
Retained Earnings	4,802	4,495	3,390	1,239	-500.53
Comprehensive Income & Other	9,385	9,656	7,324	5,002	1,258
Total Common Equity	14,949	14,913	11,361	6,491	1,008
Minority Interest	114.83	126.37	111.26	73.16	14.21
Shareholders' Equity	15,064	15,039	11,473	6,564	1,022
Total Liabilities & Equity	21,774	22,686	17,544	12,451	3,805
Total Debt	3,305	4,350	3,616	3,777	2,081
Net Cash (Debt)	-1,729	-3,591	-2,984	-3,576	-1,963
Net Cash Per Share	-6.23	-12.95	-10.76	-14.30	-7.85
Filing Date Shares Outstanding	277.29	277.29	277.29	250	250
Total Common Shares Outstanding	277.29	277.29	277.29	250	250
Working Capital	3,751	2,737	2,130	1,103	-219.07
Book Value Per Share	53.91	53.78	40.97	25.96	4.03
Tangible Book Value	14,936	14,900	11,338	6,471	1,007
Tangible Book Value Per Share	53.86	53.73	40.89	25.88	4.03
Land	1,154	1,253	943.02	653.16	107.18
Buildings	2,243	3,021	2,307	1,598	366.35
Machinery	7,789	9,793	8,230	4,417	1,383
Construction In Progress	60.19	52.33	37.34	34.73	13.54
Leasehold Improvements	25.9	22.92	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.