IST:SANFM 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	364.7	337.06	263.53	36.61	63.36	41.43
Short-Term Investments	1.18	0.95	1.54	4.05	1.15	-
Cash & Short-Term Investments	365.88	338.01	265.07	40.65	64.51	41.43
Cash Growth	7.09%	27.52%	552.03%	-36.98%	55.70%	32.92%
Accounts Receivable	352.17	328.41	252.4	246.94	149.95	40.51
Other Receivables	9.34	9.73	8.8	30.2	17.19	0.93
Receivables	361.51	338.14	261.2	277.14	167.14	41.44
Inventory	324.7	292.85	311.02	198.88	118.02	18.41
Prepaid Expenses	60.57	3.68	0.12	2.02	0.46	0.89
Other Current Assets	5.22	29.43	38.93	23.01	17.19	7.38
Total Current Assets	1,118	1,002	876.35	541.7	367.33	109.56
Property, Plant & Equipment	655.08	564.26	231.75	212.48	108.57	22.93
Long-Term Investments	-	-	-	0.03	-	0.22
Other Intangible Assets	1.75	1.64	1.65	1.41	1.18	0.22
Long-Term Deferred Tax Assets	0.74	-	-	-	-	6.18
Other Long-Term Assets	-	-	105.01	285.24	169.06	57.8
Total Assets	1,775	1,568	1,215	1,041	646.14	196.91
Accounts Payable	198.98	142.13	133.39	185.75	130	42.12
Accrued Expenses	32.81	16.67	20.81	15.05	7.4	2.85
Short-Term Debt	233.14	191.14	120.51	170.49	76.12	31.97
Current Portion of Long-Term Debt	133.17	134.58	93.64	118.72	52.47	15.82
Current Portion of Leases	-	2.36	6.28	6.72	7.31	3.01
Current Income Taxes Payable	15.73	6.46	4.35	6.77	1.78	1.09
Current Unearned Revenue	17.98	15.48	15.14	9.96	6.21	2.38
Other Current Liabilities	41.54	31.34	8.41	7.93	8.12	0.98
Total Current Liabilities	673.35	540.17	402.54	521.38	289.42	100.21
Long-Term Debt	401.29	382.49	180.39	59.46	56.46	16.82
Long-Term Leases	-	3.62	0.28	18.11	13.09	10.42
Pension & Post-Retirement Benefits	25.46	22.88	21.81	14.75	13.84	3.61
Long-Term Deferred Tax Liabilities	18.58	24.51	7.25	7.91	18.24	5.34
Total Liabilities	1,119	973.66	612.26	621.6	391.06	136.4
Common Stock	375	375	150	30	30	13.2
Retained Earnings	215.85	191.24	264.83	158.17	70.58	34.5
Treasury Stock	-24.52	-22.28	-	-	-	-
Comprehensive Income & Other	66.76	27.94	180.61	227.82	152.7	12.16
Total Common Equity	633.09	571.9	595.44	416	253.28	59.86
Minority Interest	23.69	22.44	7.04	3.26	1.8	0.65
Shareholders' Equity	656.78	594.34	602.48	419.26	255.08	60.51
Total Liabilities & Equity	1,775	1,568	1,215	1,041	646.14	196.91
Total Debt	767.6	714.19	401.1	373.48	205.46	78.03
Net Cash (Debt)	-401.72	-376.18	-136.03	-332.83	-140.95	-36.6
Net Cash Per Share	-	-1.00	-0.36	-0.89	-0.38	-0.10
Filing Date Shares Outstanding	-	375	375	375	375	375
Total Common Shares Outstanding	-	375	375	375	375	375
Working Capital	444.53	461.93	473.81	20.32	77.91	9.35
Book Value Per Share	-	1.53	1.59	1.11	0.68	0.16
Tangible Book Value	631.34	570.26	593.8	414.58	252.1	59.64
Tangible Book Value Per Share	-	1.52	1.58	1.11	0.67	0.16
Land	-	51.45	52.82	47.87	-	-
Machinery	-	299.08	294.54	214.75	135.66	16.28
Construction In Progress	-	380.52	0.9	-	-	-