IST:ORMA 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	83.56	217.66	181.49	54.9	13.32
Short-Term Investments	6.02	6.69	-	-	-
Cash & Short-Term Investments	89.58	224.34	181.49	54.9	13.32
Cash Growth	-60.07%	23.61%	230.56%	312.29%	136.53%
Accounts Receivable	513.34	311.22	422.68	578.5	233.35
Other Receivables	87.14	80.03	60.06	85.52	16.78
Receivables	600.48	391.24	482.74	664.02	250.13
Inventory	581.02	673.85	971.83	668.17	200.74
Prepaid Expenses	153.38	44.31	36.34	10.61	9.03
Other Current Assets	114.4	165.52	372.08	99.63	67.84
Total Current Assets	1,539	1,499	2,044	1,497	541.05
Property, Plant & Equipment	7,712	7,778	5,472	3,109	1,143
Long-Term Investments	41.25	50.05	32.69	19.41	2.15
Other Intangible Assets	8.05	12.12	11.42	9.5	0.38
Long-Term Deferred Tax Assets	425.8	466.4	-	257.6	37.28
Other Long-Term Assets	1,263	1,194	898.85	505.18	144.83
Total Assets	10,989	11,000	8,460	5,398	1,869
Accounts Payable	905.46	931.96	1,146	751.26	345.24
Accrued Expenses	80.14	84.85	70.71	43.33	13.56
Short-Term Debt	1,423	1,706	864.88	821.06	214.46
Current Portion of Long-Term Debt	979.14	360.32	376.49	162.94	171.61
Current Portion of Leases	29.32	15.32	7.71	2.74	2.43
Current Income Taxes Payable	-	-	-	0.12	1.31
Current Unearned Revenue	258	369.31	521.36	543.51	277.55
Other Current Liabilities	4.58	4.25	13.24	6.75	3.18
Total Current Liabilities	3,679	3,472	3,001	2,332	1,029
Long-Term Debt	283.01	156.54	160.91	145.88	145.11
Long-Term Leases	11.59	17.76	17.25	25.86	2.62
Pension & Post-Retirement Benefits	105.62	89.89	87.43	46.52	14.94
Long-Term Deferred Tax Liabilities	-	-	46.88	-	-
Total Liabilities	4,080	3,736	3,313	2,550	1,192
Common Stock	27.2	27.2	27.2	27.2	27.2
Additional Paid-In Capital	0.05	0.05	0.03	0.02	0
Retained Earnings	4,887	4,909	3,419	2,021	-369.78
Comprehensive Income & Other	1,995	2,328	1,701	800.11	1,020
Shareholders' Equity	6,910	7,264	5,147	2,848	677.14
Total Liabilities & Equity	10,989	11,000	8,460	5,398	1,869
Total Debt	2,726	2,256	1,427	1,158	536.23
Net Cash (Debt)	-2,636	-2,032	-1,246	-1,104	-522.91
Net Cash Per Share	-96.92	-74.70	-45.80	-40.57	-19.22
Filing Date Shares Outstanding	27.2	27.2	27.2	27.2	27.2
Total Common Shares Outstanding	27.2	27.2	27.2	27.2	27.2
Working Capital	-2,141	-1,973	-956.16	-834.37	-488.29
Book Value Per Share	254.03	267.04	189.22	104.72	24.89
Tangible Book Value	6,902	7,251	5,135	2,839	676.76
Tangible Book Value Per Share	253.73	266.60	188.80	104.37	24.88
Land	1,731	1,667	1,260	803.38	246.7
Buildings	1,691	1,632	1,116	612.38	170.92
Machinery	5,354	4,331	3,290	1,952	771.43
Construction In Progress	42.6	1,071	361.96	29.19	21.22
Leasehold Improvements	30.24	30.24	97.37	16	1.4

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