IST:NATEN 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	210.72	424.18	164.67	391.98	496.71	829.8
Short-Term Investments	-	-	-	-	562.37	-
Accounts Receivable	797.9	692.28	1,485	1,132	1,362	444.82
Other Receivables	40.87	30.63	327.51	72.53	527.39	1.08
Inventory	48.67	47.31	77.55	74.08	42.56	3.5
Prepaid Expenses	157.51	43.28	94.42	54.2	19.01	5.15
Other Current Assets	226.16	171.35	175.59	371.31	146.08	23.51
Total Current Assets	1,482	1,409	2,324	2,096	3,156	1,308
Property, Plant & Equipment	21,626	14,514	13,831	13,952	9,897	4,701
Other Intangible Assets	77.82	68.18	2.41	2.05	0.28	0.2
Long-Term Investments	3,403	3,282	4,135	2,915	-	-
Other Long-Term Assets	2,559	2,346	3,099	1,231	845.56	44.08
Total Assets	29,148	21,620	23,391	20,197	13,899	6,053
Accounts Payable	585.26	110.8	58.56	133.23	36.4	311.03
Accrued Expenses	48.93	461.43	637.34	700.73	768.11	1.2
Short-Term Debt	1,207	1,080	816.85	333.32	195.1	0.51
Current Portion of Long-Term Debt	2,203	1,366	1,298	1,134	601.88	274.81
Current Unearned Revenue	99.25	79.34	95.45	140.49	108.51	28.75
Current Portion of Leases	9.38	9.21	-	-	-	-
Current Income Taxes Payable	-	-	-	1.13	-	6.02
Other Current Liabilities	1,095	537.82	1.33	3.62	8.07	2.31
Total Current Liabilities	5,247	3,644	2,907	2,446	1,718	624.62
Long-Term Debt	4,600	2,001	2,579	2,788	1,790	979.09
Long-Term Leases	62.94	61.75	-	-	-	-
Long-Term Unearned Revenue	-	-	-	-	0.71	-
Pension & Post-Retirement Benefits	5.83	4.69	2.96	2.93	0.99	0.37
Long-Term Deferred Tax Liabilities	3,223	2,518	1,908	1,912	1,629	56.02
Other Long-Term Liabilities	-	-	-	-	0.27	-
Total Liabilities	13,140	8,231	7,397	7,149	5,139	1,660
Common Stock	825	825	165	165	33	33
Additional Paid-In Capital	2,891	2,627	2,661	2,039	1,934	472.22
Retained Earnings	5,716	4,483	5,877	5,063	3,170	645.55
Treasury Stock	-15.21	-10.39	-0.06	-10.61	-6.63	-
Comprehensive Income & Other	-1,714	-1,441	-786.33	-218.67	-368.45	1,230
Total Common Equity	7,703	6,484	7,917	7,038	4,762	2,381
Minority Interest	8,305	6,905	8,077	6,009	3,999	2,013
Shareholders' Equity	16,008	13,389	15,994	13,047	8,761	4,393
Total Liabilities & Equity	29,148	21,620	23,391	20,197	13,899	6,053
Total Debt	8,082	4,518	4,694	4,255	2,587	1,254
Net Cash (Debt)	-7,871	-4,094	-4,529	-3,863	-1,528	-424.6
Net Cash Per Share	-	-4.99	-5.51	-4.69	-1.85	-0.51
Filing Date Shares Outstanding	-	820.5	815.29	821.98	825	825
Total Common Shares Outstanding	-	820.5	815.29	821.98	825	825
Working Capital	-3,765	-2,235	-582.92	-349.91	1,438	683.24
Book Value Per Share	-	7.90	9.71	8.56	5.77	2.89
Tangible Book Value	7,625	6,416	7,914	7,036	4,762	2,380
Tangible Book Value Per Share	-	7.82	9.71	8.56	5.77	2.89
Land	-	844.06	782.09	1,892	592.58	221.76
Buildings	-	72.96	63.67	69.91	40.63	98.57
Machinery	-	13,490	12,949	11,998	9,271	5,230
Construction In Progress	-	67.31	61.49	9.27	-	-