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 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	46.72	25.3	19.61	148.84	0.89	4.93
Short-Term Investments	807.27	915.62	55.61	-	-	-
Trading Asset Securities	-	-	-	0	1.41	2.05
Cash & Short-Term Investments	853.99	940.92	75.23	148.85	2.3	6.99
Cash Growth	461.39%	1150.75%	-49.46%	6359.82%	-67.02%	-40.96%
Accounts Receivable	1,268	1,534	1,514	741.45	374.57	167.26
Other Receivables	780.19	225.46	300.88	72.98	39.27	10.97
Receivables	2,048	1,759	1,815	814.43	413.85	178.23
Inventory	74.02	44.43	25.91	22.72	9.27	0.74
Prepaid Expenses	926.67	19.36	24.59	1.63	1.92	0.07
Other Current Assets	242.81	1,408	1,216	776.77	204.03	28.88
Total Current Assets	4,146	4,172	3,157	1,764	631.38	214.91
Property, Plant & Equipment	8,434	7,180	3,771	531.62	217.02	17.29
Long-Term Investments	350.7	318.69	13.08	7.1	8.1	2.68
Other Intangible Assets	8.52	7.76	8.3	7.17	5.52	0.04
Long-Term Accounts Receivable	53.74	-	-	203.93	100.81	-
Long-Term Deferred Tax Assets	-	-	-	-	54.12	3.02
Other Long-Term Assets	5,115	3,853	2,599	1,029	587.75	55.01
Total Assets	18,108	15,532	9,548	3,543	1,605	292.93
Accounts Payable	1,101	1,315	1,495	596.55	323.73	121.22
Accrued Expenses	27.1	72.89	81.97	53.7	40.56	3.66
Short-Term Debt	94.8	119.75	76.96	320.39	62	23.07
Current Portion of Long-Term Debt	1,722	1,469	773.45	17.09	-	-
Current Portion of Leases	-	27.65	35.15	15.22	4.47	0.53
Current Income Taxes Payable	-	87.56	-	15.15	45.19	0.34
Current Unearned Revenue	333.58	374.67	48.02	45.88	0.12	0.81
Other Current Liabilities	2,094	1,563	90.8	362.03	128.64	16.41
Total Current Liabilities	5,372	5,030	2,602	1,426	604.71	166.04
Long-Term Debt	1,814	1,702	2,079	0.17	-	2.01
Long-Term Leases	-	1.36	14.89	7.49	3.01	1.09
Long-Term Unearned Revenue	80	80	-	-	-	-
Pension & Post-Retirement Benefits	6.35	6.4	4.25	3.85	1.36	3.3
Long-Term Deferred Tax Liabilities	1,403	1,361	320.82	232.78	79.66	16.43
Other Long-Term Liabilities	-	2.22	-	1.72	0.25	1.2
Total Liabilities	8,676	8,183	5,021	1,672	688.99	190.07
Common Stock	333	333	63	63	63	63
Additional Paid-In Capital	5.26	4.78	4.78	0.63	2.53	0.43
Retained Earnings	7,752	5,922	3,601	1,447	633.92	-7.87
Treasury Stock	-160.96	-146.27	-	-	-2.03	-0.45
Comprehensive Income & Other	150.13	108.21	527.95	360.59	218.28	47.76
Total Common Equity	8,079	6,222	4,196	1,871	915.7	102.87
Minority Interest	1,353	1,127	330.99	-	-	-
Shareholders' Equity	9,432	7,349	4,527	1,871	915.7	102.87
Total Liabilities & Equity	18,108	15,532	9,548	3,543	1,605	292.93
Total Debt	3,631	3,320	2,980	360.35	69.48	26.7
Net Cash (Debt)	-2,777	-2,379	-2,905	-211.51	-67.18	-19.71
Net Cash Per Share	-	-8.12	-8.72	-	-	-0.06
Filing Date Shares Outstanding	-	293.05	333	-	-	330.6
Total Common Shares Outstanding	-	293.05	333	-	-	330.6
Working Capital	-1,226	-857.83	555.39	338.41	26.66	48.87
Book Value Per Share	-	21.23	12.60	-	-	0.31
Tangible Book Value	8,071	6,214	4,188	1,864	910.18	102.83
Tangible Book Value Per Share	-	21.21	12.58	-	-	0.31
Land	-	35.81	56	77.77	51.57	5.03
Buildings	-	91.55	88.5	64.54	34.05	1.04
Machinery	-	3,860	711.6	391.03	218.36	21.64
Construction In Progress	-	3,539	3,167	162.87	2.08	-
Leasehold Improvements	-	8.1	8.1	-	4.29	0.26

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