IST:SILVR 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	4.23	6.38	1.2	50.38	8.3
Short-Term Investments	4.41	1.21	0.08	-	-
Cash & Short-Term Investments	8.63	7.59	1.27	50.38	8.3
Cash Growth	13.71%	495.63%	-97.47%	506.87%	99.70%
Accounts Receivable	168.84	225.04	244.36	462.8	182.06
Other Receivables	15.1	19.67	30.5	1.96	0.25
Receivables	183.94	244.71	274.86	464.76	182.31
Inventory	281.83	335.91	353.62	328.31	147.59
Prepaid Expenses	69.55	31.72	32.99	24.28	-
Other Current Assets	129.26	74.2	123.08	74.32	13.1
Total Current Assets	673.22	694.14	785.83	942.05	351.3
Property, Plant & Equipment	1,858	2,014	589.43	433.98	78.72
Other Intangible Assets	77.98	25.35	18.11	22.27	14.47
Long-Term Deferred Tax Assets	-	-	139.34	73.87	9.93
Long-Term Deferred Charges	127.37	179.8	163.06	104.72	12.69
Other Long-Term Assets	0	0.01	0.01	0.71	0
Total Assets	2,737	2,913	1,696	1,578	467.12
Accounts Payable	579.53	609.05	846.81	920.11	371.17
Accrued Expenses	52.89	46.92	41.69	20.36	8.53
Short-Term Debt	46.44	58.09	33.26	36.95	12.36
Current Portion of Long-Term Debt	70.39	27.26	22.72	16.88	9.69
Current Portion of Leases	9.34	8.03	2.28	-	-
Current Income Taxes Payable	6.76	7.86	7.14	3.78	3.41
Current Unearned Revenue	-	1.26	23.22	-	-
Other Current Liabilities	25.56	8.98	20.33	2.91	1.61
Total Current Liabilities	790.92	767.46	997.46	1,001	406.77
Long-Term Debt	85.54	100.56	48.86	54.99	8.13
Long-Term Leases	11.41	13.26	2.62	-	-
Long-Term Unearned Revenue	-	-	2.11	17.55	-
Pension & Post-Retirement Benefits	105.89	86.5	62.91	62.67	10.19
Long-Term Deferred Tax Liabilities	143.19	92.65	-	-	-
Total Liabilities	1,137	1,060	1,114	1,136	425.1
Common Stock	350	45	45	45	45
Additional Paid-In Capital	1.43	1.43	1.1	0.76	0.05
Retained Earnings	-328.02	-81.5	-108.96	-50.16	2.65
Comprehensive Income & Other	1,577	1,888	644.7	445.8	-5.68
Total Common Equity	1,600	1,853	581.83	441.39	42.02
Shareholders' Equity	1,600	1,853	581.83	441.39	42.02
Total Liabilities & Equity	2,737	2,913	1,696	1,578	467.12
Total Debt	223.12	207.2	109.74	108.82	30.18
Net Cash (Debt)	-214.49	-199.61	-108.47	-58.45	-21.88
Net Cash Per Share	-0.61	-0.57	-0.31	-0.17	-0.06
Filing Date Shares Outstanding	350	350	350	350	350
Total Common Shares Outstanding	350	350	350	350	350
Working Capital	-117.7	-73.31	-211.63	-58.95	-55.47
Book Value Per Share	4.57	5.29	1.66	1.26	0.12
Tangible Book Value	1,522	1,827	563.72	419.13	27.55
Tangible Book Value Per Share	4.35	5.22	1.61	1.20	0.08
Land	464.56	464.56	11.23	7.78	0.34
Buildings	544.14	544.14	361.13	248.63	25.63
Machinery	2,469	2,450	1,283	848	121.88
Construction In Progress	47.83	51.5	24.09	15.89	5.52

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.