IST:ORCAY 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	37.26	49.5	21.84	31.82	39.59
Cash & Short-Term Investments	37.26	49.5	21.84	31.82	39.59
Cash Growth	-24.72%	126.60%	-31.35%	-19.63%	90.48%
Accounts Receivable	249.19	227.79	149.19	248.23	127.21
Other Receivables	106.46	116.11	145.22	4.27	7.62
Receivables	355.64	343.89	294.41	252.49	134.83
Inventory	385.98	471.67	402.35	356.9	43.32
Prepaid Expenses	1.34	0.49	0.18	3.1	0.11
Other Current Assets	8.9	19.51	29.93	0.16	0.4
Total Current Assets	789.13	885.05	748.71	644.47	218.26
Property, Plant & Equipment	1,497	394.63	276	172.42	34.53
Other Intangible Assets	0.22	0.13	0.14	0.12	0.03
Other Long-Term Assets	6.03	4.06	-	-	17.8
Total Assets	2,293	1,284	1,025	817.01	270.61
Accounts Payable	14.02	22.65	3.57	5.01	127.2
Accrued Expenses	2.41	1.67	1.12	1.41	0.45
Short-Term Debt	0.01	2.63	6.68	3.49	-
Current Portion of Long-Term Debt	509.42	478.93	382.42	362.88	17.18
Current Portion of Leases	10.8	3.2	2.92	2.74	0.38
Current Income Taxes Payable	1.18	0.67	1.88	7.6	1.42
Current Unearned Revenue	37.55	163.72	13.76	4.32	0.59
Other Current Liabilities	278.21	1.18	3.88	0.59	0.7
Total Current Liabilities	853.6	674.64	416.23	388.03	147.92
Long-Term Debt	14.15	31.41	29.62	3.24	3.81
Long-Term Leases	7.1	5.75	9.82	14.34	0.23
Pension & Post-Retirement Benefits	2.24	3.04	1.97	2.61	1.21
Long-Term Deferred Tax Liabilities	91.33	31.83	56.87	26.93	3.01
Other Long-Term Liabilities	612.05	-	-	-	-
Total Liabilities	1,580	746.68	514.51	435.15	156.18
Common Stock	240	80	80	80	20.47
Additional Paid-In Capital	64.36	62.51	47.76	31.29	69
Retained Earnings	-346.19	-184.79	-38.7	20.39	1.99
Comprehensive Income & Other	754.22	579.48	421.28	250.18	22.97
Shareholders' Equity	712.39	537.2	510.34	381.86	114.43
Total Liabilities & Equity	2,293	1,284	1,025	817.01	270.61
Total Debt	541.5	521.91	431.46	386.69	21.6
Net Cash (Debt)	-504.24	-472.42	-409.62	-354.87	17.99
Net Cash Per Share	-4.56	-5.91	-5.12	-4.44	0.22
Filing Date Shares Outstanding	240	80	80	80	80
Total Common Shares Outstanding	240	80	80	80	80
Working Capital	-64.48	210.41	332.48	256.44	70.33
Book Value Per Share	2.97	6.71	6.38	4.77	1.43
Tangible Book Value	712.17	537.06	510.2	381.74	114.4
Tangible Book Value Per Share	2.97	6.71	6.38	4.77	1.43
Land	608.11	17.93	16.41	12.07	4.3
Buildings	424.39	173.99	134.3	68.87	15.92
Machinery	461.1	210.75	122.16	85.49	16.27
Construction In Progress	-	-	0.78	-	-
Leasehold Improvements	0.94	0.94	0.72	0.5	0.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.