IST:NETAS 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	393.54	357.02	481.55	90.11	220.13	541.97
Cash & Short-Term Investments	393.54	357.02	481.55	90.11	220.13	541.97
Cash Growth	19.98%	-25.86%	434.39%	-59.06%	-59.38%	77.20%
Accounts Receivable	6,009	5,363	4,188	3,278	2,392	1,921
Other Receivables	84.63	77.69	70.83	70.64	42.12	2.57
Receivables	6,094	5,441	4,258	3,349	2,434	1,923
Inventory	699.7	793.38	607.52	420.37	465.51	392.46
Prepaid Expenses	94.19	60.86	63.35	36.2	29.56	23.91
Other Current Assets	63.28	112.3	57.64	72	47.79	67.28
Total Current Assets	7,344	6,764	5,468	3,967	3,197	2,949
Property, Plant & Equipment	569.83	572.42	510.52	341.11	192.82	175.31
Long-Term Investments	59.99	57.9	47.67	39.34	25.36	26.55
Goodwill	813.7	785.28	646.62	539.55	342.7	244.3
Other Intangible Assets	133.98	135.58	138.68	143.77	116.2	102.27
Long-Term Deferred Tax Assets	1,074	1,050	871.09	700.72	306.06	169.54
Other Long-Term Assets	1.74	2.18	1.18	-	-	-
Total Assets	9,998	9,368	7,684	5,732	4,180	3,667
Accounts Payable	5,612	5,123	3,714	2,656	1,981	1,599
Accrued Expenses	377.15	406.26	361.54	365.94	186.14	134.19
Short-Term Debt	2,210	1,929	1,793	1,298	1,132	1,116
Current Portion of Long-Term Debt	-	-	-	-	61.22	12.92
Current Portion of Leases	175.51	170.58	146.96	128.27	96.09	67.94
Current Income Taxes Payable	15.44	14.93	4.32	22.46	4.69	-
Current Unearned Revenue	977.61	936.53	1,120	648.27	451.69	356.83
Other Current Liabilities	81.05	35.58	41.65	113.19	101.01	220.89
Total Current Liabilities	9,449	8,615	7,182	5,232	4,013	3,508
Long-Term Debt	430.94	556.11	76.37	-	-	13.82
Long-Term Leases	288.89	306.16	251.28	156.3	65.41	47.1
Pension & Post-Retirement Benefits	159.13	168.42	157.11	121.21	83.84	47.53
Long-Term Deferred Tax Liabilities	-	-	-	-	-	14.92
Total Liabilities	10,328	9,646	7,667	5,509	4,162	3,632
Common Stock	64.86	64.86	64.86	64.86	64.86	64.86
Retained Earnings	-1,248	-1,172	-821.8	-541.25	-640.92	-610.36
Comprehensive Income & Other	827.26	805.55	760.48	694.08	589.46	582.42
Total Common Equity	-355.89	-301.32	3.55	217.69	13.4	36.92
Minority Interest	25.62	23.01	13.62	5.07	4.29	-1.52
Shareholders' Equity	-330.27	-278.31	17.17	222.76	17.69	35.41
Total Liabilities & Equity	9,998	9,368	7,684	5,732	4,180	3,667
Total Debt	3,106	2,962	2,268	1,582	1,354	1,258
Net Cash (Debt)	-2,712	-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	-2,105	-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	-1,304	-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.