Netas Telekomünikasyon A.S. (IST:NETAS)

IST:NETAS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	327.99	481.55	90.11	220.13	541.97	305.86
Cash & Short-Term Investments	327.99	481.55	90.11	220.13	541.97	305.86
Cash Growth	3.02%	434.39%	-59.06%	-59.38%	77.20%	56.58%
Accounts Receivable	3,734	4,188	3,278	2,392	1,921	1,242
Other Receivables	77.89	70.83	70.64	42.12	2.57	34.22
Receivables	3,812	4,258	3,349	2,434	1,923	1,276
Inventory	655.63	607.52	420.37	465.51	392.46	189.85
Prepaid Expenses	85.08	63.35	36.2	29.56	23.91	15.27
Other Current Assets	45.03	57.64	72	47.79	67.28	19.81
Total Current Assets	4,926	5,468	3,967	3,197	2,949	1,807
Property, Plant & Equipment	525.52	510.52	341.11	192.82	175.31	155.19
Long-Term Investments	51.03	47.67	39.34	25.36	26.55	18.35
Goodwill	692.17	646.62	539.55	342.7	244.3	134.54
Other Intangible Assets	140.76	138.68	143.77	116.2	102.27	119.76
Long-Term Accounts Receivable	-	-	-	-	-	26.95
Long-Term Deferred Tax Assets	935.86	871.09	700.72	306.06	169.54	149.63
Other Long-Term Assets	-	1.18	-	-	-	-
Total Assets	7,271	7,684	5,732	4,180	3,667	2,411
Accounts Payable	3,193	3,714	2,656	1,981	1,599	886.42
Accrued Expenses	318.59	361.54	365.94	186.14	134.19	97.52
Short-Term Debt	1,988	1,793	1,298	1,132	1,116	348.37
Current Portion of Long-Term Debt	-	-	-	61.22	12.92	156.76
Current Portion of Leases	155.38	146.96	128.27	96.09	67.94	15.18
Current Income Taxes Payable	4.56	4.32	22.46	4.69	-	2.62
Current Unearned Revenue	947.31	1,120	648.27	451.69	356.83	184.71
Other Current Liabilities	79.24	41.65	113.19	101.01	220.89	8.92
Total Current Liabilities	6,686	7,182	5,232	4,013	3,508	1,700
Long-Term Debt	219.86	76.37	-	-	13.82	21.38
Long-Term Leases	264.24	251.28	156.3	65.41	47.1	44.23
Long-Term Deferred Tax Liabilities	-	-	-	-	14.92	18.71
Total Liabilities	7,317	7,667	5,509	4,162	3,632	1,825
Common Stock	64.86	64.86	64.86	64.86	64.86	64.86
Retained Earnings	-901.41	-821.8	-541.25	-640.92	-610.36	57.86
Comprehensive Income & Other	774.76	760.48	694.08	589.46	582.42	462.36
Total Common Equity	-61.79	3.55	217.69	13.4	36.92	585.08
Minority Interest	15.98	13.62	5.07	4.29	-1.52	0.7
Shareholders' Equity	-45.81	17.17	222.76	17.69	35.41	585.77
Total Liabilities & Equity	7,271	7,684	5,732	4,180	3,667	2,411
Total Debt	2,628	2,268	1,582	1,354	1,258	585.91
Net Cash (Debt)	-2,300	-1,786	-1,492	-1,134	-715.77	-280.05
Net Cash Per Share	-35.45	-27.53	-23.01	-17.48	-11.03	-4.32
Filing Date Shares Outstanding	64.86	64.86	64.86	64.86	64.86	64.86
Total Common Shares Outstanding	64.86	64.86	64.86	64.86	64.86	64.86
Working Capital	-1,760	-1,714	-1,264	-816.2	-559.18	106.2
Book Value Per Share	-0.95	0.05	3.36	0.21	0.57	9.02
Tangible Book Value	-894.71	-781.75	-465.62	-445.51	-309.64	330.78
Tangible Book Value Per Share	-13.79	-12.05	-7.18	-6.87	-4.77	5.10
Machinery	1,249	1,164	996.05	682.74	529.12	303.31
Construction In Progress	-	-	-	-	-	32.03
Leasehold Improvements	401.02	371.83	298.82	177.75	132.46	86.16

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