IST:SANEL 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	10.15	7.95	0.92	0.78	0.14
Cash & Short-Term Investments	10.15	7.95	0.92	0.78	0.14
Cash Growth	27.63%	764.09%	18.44%	459.52%	-75.58%
Accounts Receivable	59.2	88.45	28.38	25.57	13.99
Other Receivables	159.05	116.88	26.25	1.52	0.27
Receivables	218.25	205.33	54.63	27.09	14.26
Inventory	1.94	3.01	1.79	2.85	4.31
Prepaid Expenses	16.92	1.16	0.02	0.03	0.75
Other Current Assets	81.77	2.52	1.75	4.42	3.14
Total Current Assets	329.02	219.98	59.12	35.17	22.59
Property, Plant & Equipment	177.9	42.92	17.03	37.85	8.73
Long-Term Investments	93.7	103.41	23.24	-	-
Other Intangible Assets	2.67	0.63	0.65	0.92	0.13
Long-Term Accounts Receivable	-	-	-	0.29	-
Long-Term Deferred Tax Assets	19.96	27.2	9.94	6.18	6.89
Other Long-Term Assets	18.77	18.76	8.07	8.07	1.1
Total Assets	642.04	412.9	118.05	88.49	39.44
Accounts Payable	156.28	22.96	12.79	9.98	8.32
Accrued Expenses	6.07	12.61	5.71	5.3	4.17
Short-Term Debt	0.43	0.05	-	-	-
Current Portion of Long-Term Debt	0.55	0.71	-	-	-
Current Portion of Leases	-	0.35	0.53	0.08	0.03
Current Income Taxes Payable	20.83	2.68	-	-	0.28
Current Unearned Revenue	0.01	-	0.39	0.57	0.5
Other Current Liabilities	195.54	208.24	82.26	35.91	15.87
Total Current Liabilities	379.7	247.59	102.56	52.77	29.18
Long-Term Debt	-	0.15	-	-	-
Long-Term Leases	-	0.9	1.18	0.45	0.31
Pension & Post-Retirement Benefits	-	-	4.08	1.01	1.2
Other Long-Term Liabilities	14.25	13.5	-	-	-
Total Liabilities	393.95	262.14	107.82	54.23	30.7
Common Stock	18.26	18.26	18.26	18.26	18.26
Additional Paid-In Capital	10.02	23.36	12.36	12.36	1.52
Retained Earnings	-149.25	-249.27	-145.6	-122.82	-12.22
Comprehensive Income & Other	261.74	252.26	109.94	111.99	-2.74
Total Common Equity	140.77	44.61	-5.04	19.78	4.81
Minority Interest	107.32	106.15	15.27	14.47	3.94
Shareholders' Equity	248.09	150.76	10.24	34.26	8.75
Total Liabilities & Equity	642.04	412.9	118.05	88.49	39.44
Total Debt	0.97	2.16	1.7	0.53	0.34
Net Cash (Debt)	9.18	5.79	-0.78	0.25	-0.2
Net Cash Growth	58.47%	-	-	-	-
Net Cash Per Share	0.50	0.32	-0.04	0.01	-0.01
Filing Date Shares Outstanding	18.26	18.26	18.26	18.26	18.26
Total Common Shares Outstanding	18.26	18.26	18.26	18.26	18.26
Working Capital	-50.68	-27.61	-43.44	-17.6	-6.59
Book Value Per Share	7.71	2.44	-0.28	1.08	0.26
Tangible Book Value	138.1	43.99	-5.68	18.86	4.68
Tangible Book Value Per Share	7.56	2.41	-0.31	1.03	0.26
Land	2.25	-	-	8.77	2.13
Buildings	62.55	-	-	14.79	5.49
Machinery	553.19	143.02	65.53	63.11	6.79
Leasehold Improvements	-	8.62	4.49	4.48	0.44

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