IST:MOGAN 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	2,439	3,939	2,899	4,152	1,537
Accounts Receivable	776.32	1,794	3,053	3,476	565.13
Other Receivables	42.97	58.08	5.23	4.78	190.66
Inventory	401.52	455.05	421.8	467.62	174.08
Prepaid Expenses	101.9	297.3	73.83	219.54	244.01
Other Current Assets	34.73	325.78	2,061	79.9	57.41
Total Current Assets	3,796	6,869	8,514	8,400	2,768
Property, Plant & Equipment	140,312	141,352	111,750	86,535	42,225
Goodwill	1,446	1,446	1,105	765.42	117.44
Other Intangible Assets	2,409	2,825	2,475	1,934	359.41
Long-Term Deferred Tax Assets	-	-	-	-	3,044
Long-Term Accounts Receivable	-	-	1,136	790.71	-
Other Long-Term Assets	686.66	5,277	2,284	898.66	491.42
Total Assets	148,650	157,769	127,265	99,324	49,005
Accounts Payable	1,603	3,277	2,092	2,535	571.18
Accrued Expenses	497.93	2,239	2,270	44.44	9.88
Short-Term Debt	239.17	-	-	-	-
Current Portion of Long-Term Debt	9,794	11,891	11,415	8,309	3,541
Current Unearned Revenue	4.21	11.04	0.59	0.04	-
Other Current Liabilities	489.11	13.83	11.33	1,677	437.22
Total Current Liabilities	12,628	17,432	15,789	12,566	4,559
Long-Term Debt	22,426	30,182	36,516	30,902	15,231
Pension & Post-Retirement Benefits	83.32	115.22	86.05	77.79	17.06
Long-Term Deferred Tax Liabilities	24,605	21,149	17,299	9,838	5,716
Other Long-Term Liabilities	219.68	565	1,007	644.19	314.7
Total Liabilities	59,962	69,442	70,697	54,028	25,838
Common Stock	2,440	2,440	2,230	2,230	2,230
Additional Paid-In Capital	3,482	3,482	-	-	-
Retained Earnings	13,121	19,475	16,659	8,951	953.64
Comprehensive Income & Other	57,012	50,835	29,871	27,808	17,053
Total Common Equity	76,055	76,232	48,760	38,989	20,237
Minority Interest	12,633	12,094	7,808	6,306	2,931
Shareholders' Equity	88,688	88,327	56,568	45,295	23,168
Total Liabilities & Equity	148,650	157,769	127,265	99,324	49,005
Total Debt	32,459	42,073	47,931	39,211	18,772
Net Cash (Debt)	-30,020	-38,134	-45,033	-35,059	-17,235
Net Cash Per Share	-12.30	-15.63	-20.19	-15.72	-
Filing Date Shares Outstanding	2,440	2,440	2,230	2,230	-
Total Common Shares Outstanding	2,440	2,440	2,230	2,230	-
Working Capital	-8,832	-10,563	-7,275	-4,166	-1,791
Book Value Per Share	31.17	31.24	21.87	17.48	-
Tangible Book Value	72,200	71,961	45,180	36,290	19,760
Tangible Book Value Per Share	29.59	29.49	20.26	16.27	-
Land	663.8	631.86	492.54	354.48	557.96
Buildings	13,778	13,232	10,200	7,228	3,220
Machinery	149,224	143,182	107,140	76,912	31,243
Construction In Progress	749.3	737.59	2.41	2.2	623.76

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