IST:NETAS 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	357.02	481.55	90.11	220.13	541.97
Cash & Short-Term Investments	357.02	481.55	90.11	220.13	541.97
Cash Growth	-25.86%	434.39%	-59.06%	-59.38%	77.20%
Accounts Receivable	5,363	4,188	3,278	2,392	1,921
Other Receivables	77.69	70.83	70.64	42.12	2.57
Receivables	5,441	4,258	3,349	2,434	1,923
Inventory	793.38	607.52	420.37	465.51	392.46
Prepaid Expenses	60.86	63.35	36.2	29.56	23.91
Other Current Assets	112.3	57.64	72	47.79	67.28
Total Current Assets	6,764	5,468	3,967	3,197	2,949
Property, Plant & Equipment	572.42	510.52	341.11	192.82	175.31
Long-Term Investments	57.9	47.67	39.34	25.36	26.55
Goodwill	785.28	646.62	539.55	342.7	244.3
Other Intangible Assets	135.58	138.68	143.77	116.2	102.27
Long-Term Deferred Tax Assets	1,050	871.09	700.72	306.06	169.54
Other Long-Term Assets	2.18	1.18	-	-	-
Total Assets	9,368	7,684	5,732	4,180	3,667
Accounts Payable	5,123	3,714	2,656	1,981	1,599
Accrued Expenses	406.26	361.54	365.94	186.14	134.19
Short-Term Debt	1,929	1,793	1,298	1,132	1,116
Current Portion of Long-Term Debt	-	-	-	61.22	12.92
Current Portion of Leases	170.58	146.96	128.27	96.09	67.94
Current Income Taxes Payable	14.93	4.32	22.46	4.69	-
Current Unearned Revenue	936.53	1,120	648.27	451.69	356.83
Other Current Liabilities	35.58	41.65	113.19	101.01	220.89
Total Current Liabilities	8,615	7,182	5,232	4,013	3,508
Long-Term Debt	556.11	76.37	-	-	13.82
Long-Term Leases	306.16	251.28	156.3	65.41	47.1
Pension & Post-Retirement Benefits	168.42	157.11	121.21	83.84	47.53
Long-Term Deferred Tax Liabilities	-	-	-	-	14.92
Total Liabilities	9,646	7,667	5,509	4,162	3,632
Common Stock	64.86	64.86	64.86	64.86	64.86
Retained Earnings	-1,172	-821.8	-541.25	-640.92	-610.36
Comprehensive Income & Other	805.55	760.48	694.08	589.46	582.42
Total Common Equity	-301.32	3.55	217.69	13.4	36.92
Minority Interest	23.01	13.62	5.07	4.29	-1.52
Shareholders' Equity	-278.31	17.17	222.76	17.69	35.41
Total Liabilities & Equity	9,368	7,684	5,732	4,180	3,667
Total Debt	2,962	2,268	1,582	1,354	1,258
Net Cash (Debt)	-2,605	-1,786	-1,492	-1,134	-715.77
Net Cash Per Share	-40.16	-27.53	-23.01	-17.48	-11.03
Filing Date Shares Outstanding	64.86	64.86	64.86	64.86	64.86
Total Common Shares Outstanding	64.86	64.86	64.86	64.86	64.86
Working Capital	-1,851	-1,714	-1,264	-816.2	-559.18
Book Value Per Share	-4.65	0.05	3.36	0.21	0.57
Tangible Book Value	-1,222	-781.75	-465.62	-445.51	-309.64
Tangible Book Value Per Share	-18.84	-12.05	-7.18	-6.87	-4.77
Machinery	1,434	1,164	996.05	682.74	529.12
Leasehold Improvements	459.31	371.83	298.82	177.75	132.46

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