IST:MRSHL Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	327.42	338.74	484.18	888.13	888.27	102.36
Cash & Short-Term Investments	327.42	338.74	484.18	888.13	888.27	102.36
Cash Growth	-9.63%	-30.04%	-45.48%	-0.02%	767.81%	-27.87%
Accounts Receivable	1,886	648.35	410.32	338.25	442.31	155.78
Other Receivables	136.9	138.3	56.94	59.35	19.03	27.05
Receivables	2,023	786.65	467.26	397.6	461.34	182.82
Inventory	395.5	461.54	522.09	466.73	464.82	268.87
Prepaid Expenses	152.76	12.48	11.15	25.82	19.85	11.61
Other Current Assets	93.93	290.65	373.93	240.23	176.27	83.3
Total Current Assets	2,993	1,890	1,859	2,019	2,011	648.96
Property, Plant & Equipment	1,318	1,244	1,433	1,027	732.71	151.72
Long-Term Investments	1.71	1.7	0.15	0.12	0.08	0.01
Other Intangible Assets	0.31	0.31	0.44	-	-	0.01
Long-Term Deferred Tax Assets	-	-	19.86	41.61	-	14
Other Long-Term Assets	31.04	29.31	33.74	29.17	22.55	1.71
Total Assets	4,344	3,165	3,346	3,116	2,766	816.41
Accounts Payable	1,705	1,404	1,273	1,321	982.8	461.53
Accrued Expenses	69.34	76.49	100.51	62.89	67.4	16.84
Short-Term Debt	574.07	-	-	528.63	1,243	302.05
Current Portion of Long-Term Debt	-	477.77	528.98	-	-	-
Current Portion of Leases	-	64.49	41.34	1.35	4.04	2.75
Current Income Taxes Payable	-	-	-	-	-	0.7
Current Unearned Revenue	12.06	32.61	126.25	-	8.15	7.4
Other Current Liabilities	622.89	21.12	10.13	23.51	13.16	2.67
Total Current Liabilities	2,983	2,076	2,081	1,937	2,319	793.95
Long-Term Debt	88.07	91.97	-	-	-	-
Long-Term Leases	-	24.5	56.87	0.11	0.69	0.39
Pension & Post-Retirement Benefits	50.17	47.22	39.22	60.75	39.18	14.95
Long-Term Deferred Tax Liabilities	84.1	46.47	-	-	60.93	-
Total Liabilities	3,206	2,286	2,177	1,998	2,419	809.29
Common Stock	10.99	10.99	10.99	10.99	10	10
Additional Paid-In Capital	1,245	1,131	1,131	864.05	0.79	0.04
Retained Earnings	-1,584	-1,589	-1,297	-747.54	-372.14	-32.86
Comprehensive Income & Other	1,466	1,326	1,324	990.6	707.76	29.93
Shareholders' Equity	1,138	879.24	1,169	1,118	346.41	7.12
Total Liabilities & Equity	4,344	3,165	3,346	3,116	2,766	816.41
Total Debt	662.15	658.73	627.19	530.09	1,248	305.19
Net Cash (Debt)	-334.72	-319.99	-143.01	358.04	-359.58	-202.84
Net Cash Per Share	-	-29.11	-13.01	32.83	-35.96	-20.28
Filing Date Shares Outstanding	-	10.99	10.99	10.99	10	10
Total Common Shares Outstanding	-	10.99	10.99	10.99	10	10
Working Capital	9.34	-186.03	-222.03	81.27	-308.13	-144.99
Book Value Per Share	-	79.97	106.31	101.70	34.64	0.71
Tangible Book Value	1,138	878.93	1,168	1,118	346.41	7.11
Tangible Book Value Per Share	-	79.95	106.27	101.70	34.64	0.71
Land	-	6.16	6.16	4.7	3.26	0.2
Buildings	-	1,002	1,185	896.82	618.41	41.78
Machinery	-	6,059	6,105	4,581	3,084	311.15
Construction In Progress	-	106.49	189.67	86.92	68.31	21.99
Leasehold Improvements	-	102.24	109.71	83.82	58.05	3.63