Ral Yatirim Holding A.S. Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	82.93	14.99	148.84	0.89	4.93	11.84
Trading Asset Securities	-	42.49	0	1.41	2.05	-
Cash & Short-Term Investments	129.83	57.47	148.85	2.3	6.99	11.84
Cash Growth	62.31%	-61.39%	6359.82%	-67.02%	-40.96%	756.09%
Accounts Receivable	1,849	1,157	741.45	374.57	167.26	23.2
Other Receivables	147.68	229.87	72.98	39.27	10.97	20.45
Receivables	1,997	1,387	814.43	413.85	178.23	43.65
Inventory	85.61	19.8	22.72	9.27	0.74	1.5
Prepaid Expenses	173.39	18.79	1.63	1.92	0.07	0
Other Current Assets	1,458	929.21	776.77	204.03	28.88	19.13
Total Current Assets	3,843	2,412	1,764	631.38	214.91	76.11
Property, Plant & Equipment	6,614	2,881	531.62	217.02	17.29	12.51
Long-Term Investments	214.02	9.99	7.1	8.1	2.68	3.96
Other Intangible Assets	7.75	6.34	7.17	5.52	0.04	0.04
Long-Term Accounts Receivable	-	-	203.93	100.81	-	-
Long-Term Deferred Tax Assets	-	-	-	54.12	3.02	3.69
Other Long-Term Assets	2,381	1,986	1,029	587.75	55.01	55.58
Total Assets	13,060	7,295	3,543	1,605	292.93	151.89
Accounts Payable	1,775	1,142	596.55	323.73	121.22	38.92
Accrued Expenses	47.1	67.91	53.7	40.56	3.66	12.85
Short-Term Debt	326.42	226.13	320.39	62	23.07	6.64
Current Portion of Long-Term Debt	1,145	423.57	17.09	-	-	-
Current Portion of Leases	36.04	26.85	15.22	4.47	0.53	-
Current Income Taxes Payable	16.2	-	15.15	45.19	0.34	0.07
Current Unearned Revenue	223.04	36.68	45.88	0.12	0.81	1.12
Other Current Liabilities	916.39	64.08	362.03	128.64	16.41	3.88
Total Current Liabilities	4,486	1,988	1,426	604.71	166.04	63.48
Long-Term Debt	1,861	1,589	0.17	-	2.01	5.3
Long-Term Leases	3.29	11.38	7.49	3.01	1.09	-
Pension & Post-Retirement Benefits	6.23	3.25	3.85	1.36	3.3	0.2
Long-Term Deferred Tax Liabilities	602.39	245.1	232.78	79.66	16.43	8.26
Other Long-Term Liabilities	13.24	-	1.72	0.25	1.2	1
Total Liabilities	6,972	3,836	1,672	688.99	190.07	78.25
Common Stock	333	63	63	63	63	63
Additional Paid-In Capital	4.58	3.65	0.63	2.53	0.43	0.43
Retained Earnings	4,832	2,751	1,447	633.92	-7.87	-36.44
Treasury Stock	-	-	-	-2.03	-0.45	-0.59
Comprehensive Income & Other	90.4	388.48	360.59	218.28	47.76	47.24
Total Common Equity	5,260	3,206	1,871	915.7	102.87	73.63
Minority Interest	827.89	252.87	-	-	-	-
Shareholders' Equity	6,088	3,459	1,871	915.7	102.87	73.63
Total Liabilities & Equity	13,060	7,295	3,543	1,605	292.93	151.89
Total Debt	3,372	2,276	360.35	69.48	26.7	11.94
Net Cash (Debt)	-3,242	-2,219	-211.51	-67.18	-19.71	-0.11
Net Cash Per Share	-9.73	-6.66	-	-	-0.06	-0.00
Filing Date Shares Outstanding	333	333	-	-	330.6	330.6
Total Common Shares Outstanding	333	333	-	-	330.6	330.6
Working Capital	-642.27	424.31	338.41	26.66	48.87	12.63
Book Value Per Share	15.80	9.63	-	-	0.31	0.22
Tangible Book Value	5,253	3,200	1,864	910.18	102.83	73.59
Tangible Book Value Per Share	15.77	9.61	-	-	0.31	0.22
Land	53.66	42.78	77.77	51.57	5.03	5.03
Buildings	72.02	67.61	64.54	34.05	1.04	1.04
Machinery	3,724	543.65	391.03	218.36	21.64	15.83
Construction In Progress	3,069	2,420	162.87	2.08	-	-
Leasehold Improvements	7.76	-	-	4.29	0.26	0.26

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