IST:SILVR 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	3.22	4.23	6.38	1.2	50.38	8.3
Short-Term Investments	0.24	4.41	1.21	0.08	-	-
Cash & Short-Term Investments	3.46	8.63	7.59	1.27	50.38	8.3
Cash Growth	74.03%	13.71%	495.63%	-97.47%	506.87%	99.70%
Accounts Receivable	186.35	168.84	225.04	244.36	462.8	182.06
Other Receivables	8.22	15.1	19.67	30.5	1.96	0.25
Receivables	194.57	183.94	244.71	274.86	464.76	182.31
Inventory	372.14	281.83	335.91	353.62	328.31	147.59
Prepaid Expenses	217.32	69.55	31.72	32.99	24.28	-
Other Current Assets	14.4	129.26	74.2	123.08	74.32	13.1
Total Current Assets	801.89	673.22	694.14	785.83	942.05	351.3
Property, Plant & Equipment	1,996	1,858	2,014	589.43	433.98	78.72
Other Intangible Assets	246.58	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	0.1	0	0.01	0.01	0.71	0
Total Assets	3,044	2,737	2,913	1,696	1,578	467.12
Accounts Payable	653.78	579.53	609.05	846.81	920.11	371.17
Accrued Expenses	70.71	52.89	46.92	41.69	20.36	8.53
Short-Term Debt	70.97	46.44	58.09	33.26	36.95	12.36
Current Portion of Long-Term Debt	40.89	70.39	27.26	22.72	16.88	9.69
Current Portion of Leases	9.57	9.34	8.03	2.28	-	-
Current Income Taxes Payable	-	6.76	7.86	7.14	3.78	3.41
Current Unearned Revenue	19.08	-	1.26	23.22	-	-
Other Current Liabilities	16.94	25.56	8.98	20.33	2.91	1.61
Total Current Liabilities	881.95	790.92	767.46	997.46	1,001	406.77
Long-Term Debt	5.03	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	134.15	105.89	86.5	62.91	62.67	10.19
Long-Term Deferred Tax Liabilities	211.19	143.19	92.65	-	-	-
Total Liabilities	1,320	1,137	1,060	1,114	1,136	425.1
Common Stock	350	350	45	45	45	45
Additional Paid-In Capital	1.58	1.43	1.43	1.1	0.76	0.05
Retained Earnings	-409.9	-328.02	-81.5	-108.96	-50.16	2.65
Comprehensive Income & Other	1,783	1,577	1,888	644.7	445.8	-5.68
Total Common Equity	1,724	1,600	1,853	581.83	441.39	42.02
Shareholders' Equity	1,724	1,600	1,853	581.83	441.39	42.02
Total Liabilities & Equity	3,044	2,737	2,913	1,696	1,578	467.12
Total Debt	126.46	223.12	207.2	109.74	108.82	30.18
Net Cash (Debt)	-123	-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	-80.06	-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	1,478	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

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