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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	234.37	481.55	90.11	220.13	541.97	305.86
Cash & Short-Term Investments	234.37	481.55	90.11	220.13	541.97	305.86
Cash Growth	-26.65%	434.39%	-59.06%	-59.38%	77.20%	56.58%
Accounts Receivable	4,276	4,188	3,278	2,392	1,921	1,242
Other Receivables	84.25	70.83	70.64	42.12	2.57	34.22
Receivables	4,360	4,258	3,349	2,434	1,923	1,276
Inventory	674.54	607.52	420.37	465.51	392.46	189.85
Prepaid Expenses	65.27	63.35	36.2	29.56	23.91	15.27
Other Current Assets	133.34	57.64	72	47.79	67.28	19.81
Total Current Assets	5,467	5,468	3,967	3,197	2,949	1,807
Property, Plant & Equipment	535.75	510.52	341.11	192.82	175.31	155.19
Long-Term Investments	56.09	47.67	39.34	25.36	26.55	18.35
Goodwill	760.74	646.62	539.55	342.7	244.3	134.54
Other Intangible Assets	137.86	138.68	143.77	116.2	102.27	119.76
Long-Term Accounts Receivable	-	-	-	-	-	26.95
Long-Term Deferred Tax Assets	1,008	871.09	700.72	306.06	169.54	149.63
Other Long-Term Assets	-	1.18	-	-	-	-
Total Assets	7,966	7,684	5,732	4,180	3,667	2,411
Accounts Payable	4,191	3,714	2,656	1,981	1,599	886.42
Accrued Expenses	194.88	361.54	365.94	186.14	134.19	97.52
Short-Term Debt	1,857	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	166.71	146.96	128.27	96.09	67.94	15.18
Current Income Taxes Payable	3.82	4.32	22.46	4.69	-	2.62
Current Unearned Revenue	727.07	1,120	648.27	451.69	356.83	184.71
Other Current Liabilities	72.62	41.65	113.19	101.01	220.89	8.92
Total Current Liabilities	7,213	7,182	5,232	4,013	3,508	1,700
Long-Term Debt	547.05	76.37	-	-	13.82	21.38
Long-Term Leases	273.75	251.28	156.3	65.41	47.1	44.23
Pension & Post-Retirement Benefits	137.8	157.11	121.21	83.84	47.53	40.52
Long-Term Deferred Tax Liabilities	-	-	-	-	14.92	18.71
Total Liabilities	8,172	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	-1,083	-821.8	-541.25	-640.92	-610.36	57.86
Comprehensive Income & Other	791.51	760.48	694.08	589.46	582.42	462.36
Total Common Equity	-226.34	3.55	217.69	13.4	36.92	585.08
Minority Interest	20.68	13.62	5.07	4.29	-1.52	0.7
Shareholders' Equity	-205.66	17.17	222.76	17.69	35.41	585.77
Total Liabilities & Equity	7,966	7,684	5,732	4,180	3,667	2,411
Total Debt	2,844	2,268	1,582	1,354	1,258	585.91
Net Cash (Debt)	-2,610	-1,786	-1,492	-1,134	-715.77	-280.05
Net Cash Per Share	-40.23	-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	-1,746	-1,714	-1,264	-816.2	-559.18	106.2
Book Value Per Share	-3.49	0.05	3.36	0.21	0.57	9.02
Tangible Book Value	-1,125	-781.75	-465.62	-445.51	-309.64	330.78
Tangible Book Value Per Share	-17.34	-12.05	-7.18	-6.87	-4.77	5.10
Machinery	1,385	1,164	996.05	682.74	529.12	303.31
Construction In Progress	-	-	-	-	-	32.03
Leasehold Improvements	443.97	371.83	298.82	177.75	132.46	86.16

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