IST:SERNT Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	18.66	65.13	51.89	157.91
Cash & Short-Term Investments	18.66	65.13	51.89	157.91
Cash Growth	-71.35%	25.52%	-67.14%	-
Accounts Receivable	799	900.12	1,260	1,248
Other Receivables	71.98	41.08	128.36	68.68
Receivables	870.98	941.21	1,388	1,317
Inventory	2,969	2,364	2,124	1,958
Prepaid Expenses	206.27	159.71	4.19	4.85
Other Current Assets	26.94	34.97	120.49	77.91
Total Current Assets	4,091	3,565	3,689	3,516
Property, Plant & Equipment	5,131	5,096	3,453	3,403
Long-Term Investments	-	-	319.23	210.79
Other Intangible Assets	20.35	17.69	19.66	19.08
Long-Term Deferred Charges	5.97	1.33	1.55	1.85
Other Long-Term Assets	116.04	91.21	69.88	32.56
Total Assets	9,365	8,771	7,552	7,183
Accounts Payable	569.3	530.66	623.14	503.69
Accrued Expenses	73.48	102.28	54.57	42.45
Short-Term Debt	140.71	160.12	403.98	166.47
Current Portion of Long-Term Debt	1,795	1,107	1,640	1,570
Current Income Taxes Payable	-	-	1.18	-
Current Unearned Revenue	253.67	95.48	156.3	366.58
Other Current Liabilities	155.09	181.95	577.19	347.12
Total Current Liabilities	2,988	2,177	3,457	2,996
Long-Term Debt	2,065	3,002	3,311	4,636
Long-Term Deferred Tax Liabilities	847.58	756.2	730.09	690.44
Other Long-Term Liabilities	3.52	94.63	5.54	40.53
Total Liabilities	6,014	6,151	7,586	8,440
Common Stock	300	300	80	80
Retained Earnings	-107.51	-747.92	-2,009	-3,129
Comprehensive Income & Other	3,158	3,068	1,895	1,792
Shareholders' Equity	3,350	2,620	-34.42	-1,257
Total Liabilities & Equity	9,365	8,771	7,552	7,183
Total Debt	4,001	4,269	5,355	6,372
Net Cash (Debt)	-3,983	-4,204	-5,303	-6,214
Net Cash Per Share	-13.28	-16.08	-66.29	-77.68
Filing Date Shares Outstanding	300	300	80	80
Total Common Shares Outstanding	300	300	80	80
Working Capital	1,104	1,387	232.18	519.43
Book Value Per Share	11.17	8.73	-0.43	-15.72
Tangible Book Value	3,330	2,602	-54.08	-1,276
Tangible Book Value Per Share	11.10	8.67	-0.68	-15.95
Land	1,434	1,343	839.07	649.46
Buildings	1,560	1,497	884.8	689.5
Machinery	2,443	2,416	1,864	2,184
Construction In Progress	108.55	61.06	39.97	30.45
Leasehold Improvements	116.86	113.53	105.96	98.12

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