IST:MOGAN Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,222	3,009	2,899	4,152	1,537	818.41
Accounts Receivable	2,393	1,370	3,053	3,476	565.13	270.34
Other Receivables	37.78	44.37	5.23	4.78	190.66	24.5
Inventory	366.45	347.66	421.8	467.62	174.08	5.26
Prepaid Expenses	120.52	227.13	73.83	219.54	244.01	216.15
Other Current Assets	55.92	248.89	2,061	79.9	57.41	56.09
Total Current Assets	4,199	5,248	8,514	8,400	2,768	1,391
Property, Plant & Equipment	-	107,991	111,750	86,535	42,225	21,700
Goodwill	1,386	1,105	1,105	765.42	117.44	117.44
Other Intangible Assets	131,130	2,158	2,475	1,934	359.41	393.71
Long-Term Investments	-	-	-	-	-	88.57
Long-Term Deferred Tax Assets	-	-	-	-	3,044	1,027
Long-Term Accounts Receivable	-	-	1,136	790.71	-	-
Other Long-Term Assets	2,577	4,031	2,284	898.66	491.42	491.98
Total Assets	139,292	120,533	127,265	99,324	49,005	25,210
Accounts Payable	2,013	2,503	2,092	2,535	571.18	330.87
Accrued Expenses	67.86	1,710	2,270	44.44	9.88	9.46
Short-Term Debt	239.98	-	-	-	-	2
Current Portion of Long-Term Debt	9,634	9,085	11,415	8,309	3,541	1,681
Current Unearned Revenue	-	8.43	0.59	0.04	-	-
Other Current Liabilities	1,944	10.57	11.33	1,677	437.22	114.77
Total Current Liabilities	13,899	13,317	15,789	12,566	4,559	2,138
Long-Term Debt	23,303	23,058	36,516	30,902	15,231	9,336
Pension & Post-Retirement Benefits	70.11	88.03	86.05	77.79	17.06	8.36
Long-Term Deferred Tax Liabilities	21,394	16,157	17,299	9,838	5,716	2,191
Other Long-Term Liabilities	1,105	431.65	1,007	644.19	314.7	1,174
Total Liabilities	59,771	53,053	70,697	54,028	25,838	14,846
Common Stock	2,440	2,440	2,230	2,230	2,230	70
Additional Paid-In Capital	3,337	2,660	-	-	-	-
Retained Earnings	13,176	14,878	16,659	8,951	953.64	171.47
Comprehensive Income & Other	49,667	38,262	29,871	27,808	17,053	7,650
Total Common Equity	68,620	58,240	48,760	38,989	20,237	7,891
Minority Interest	10,901	9,240	7,808	6,306	2,931	2,472
Shareholders' Equity	79,521	67,480	56,568	45,295	23,168	10,364
Total Liabilities & Equity	139,292	120,533	127,265	99,324	49,005	25,210
Total Debt	33,177	32,143	47,931	39,211	18,772	11,019
Net Cash (Debt)	-31,952	-29,134	-45,033	-35,059	-17,235	-10,200
Net Cash Per Share	-	-11.94	-20.19	-15.72	-	-
Filing Date Shares Outstanding	-	2,440	2,230	2,230	-	-
Total Common Shares Outstanding	-	2,440	2,230	2,230	-	-
Working Capital	-9,700	-8,070	-7,275	-4,166	-1,791	-747.28
Book Value Per Share	-	23.87	21.87	17.48	-	-
Tangible Book Value	-63,896	54,977	45,180	36,290	19,760	7,380
Tangible Book Value Per Share	-	22.53	20.26	16.27	-	-
Land	-	482.73	492.54	354.48	557.96	295.02
Buildings	-	10,109	10,200	7,228	3,220	1,451
Machinery	-	109,389	107,140	76,912	31,243	16,613
Construction In Progress	-	563.51	2.41	2.2	623.76	482.21

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