IST:TARKM 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	11.35	200.1	522.16	85.3	19.59
Short-Term Investments	-	0	-	-	-
Cash & Short-Term Investments	11.35	200.1	522.16	85.3	19.59
Cash Growth	-94.33%	-61.68%	512.15%	335.43%	441.31%
Accounts Receivable	343.71	194.15	144.94	59.47	23.34
Other Receivables	16.94	77.03	18.97	5.42	1.87
Receivables	360.65	271.18	163.91	64.89	25.21
Inventory	712.26	576.12	861.7	918.16	341.48
Prepaid Expenses	249.4	3.4	14.78	2.68	0.56
Other Current Assets	75.9	279.3	215.5	177.7	0.29
Total Current Assets	1,410	1,330	1,778	1,249	387.13
Property, Plant & Equipment	2,196	898.05	543.36	245.93	30.65
Other Intangible Assets	21.39	14.27	14.34	11.21	2.43
Long-Term Deferred Tax Assets	256.99	230.51	-	171.65	-
Other Long-Term Assets	-	0.59	55.72	73.79	32.22
Total Assets	3,883	2,474	2,391	1,751	452.43
Accounts Payable	279.43	111.91	48.35	82.07	39.28
Accrued Expenses	16.07	10.62	6.92	6.84	6.34
Short-Term Debt	757.85	158.16	254.51	531.47	167.19
Current Portion of Long-Term Debt	53.99	-	-	4.65	85.44
Current Portion of Leases	9.9	2.38	2.65	-	1.03
Current Income Taxes Payable	-	-	-	25.19	-
Current Unearned Revenue	0.41	5.87	10.54	8.84	42.37
Other Current Liabilities	5.61	4.13	4.81	0.94	0.99
Total Current Liabilities	1,123	293.06	327.77	659.99	342.64
Long-Term Debt	34.33	100	161.36	169.23	2.73
Long-Term Leases	2.34	2.04	0.37	-	2.04
Pension & Post-Retirement Benefits	14.72	12.75	6.01	3.66	1.58
Long-Term Deferred Tax Liabilities	-	-	0.14	-	3.52
Other Long-Term Liabilities	-	-	-	-	0
Total Liabilities	1,175	407.86	495.65	832.89	352.51
Common Stock	21	21	21	16	16
Additional Paid-In Capital	1,083	827.6	827.6	-	-
Retained Earnings	983.16	825.31	724.04	621	70.02
Comprehensive Income & Other	621.39	391.76	323.18	281.42	13.91
Shareholders' Equity	2,709	2,066	1,896	918.43	99.93
Total Liabilities & Equity	3,883	2,474	2,391	1,751	452.43
Total Debt	858.41	262.58	418.89	705.35	258.44
Net Cash (Debt)	-847.06	-62.48	103.27	-620.05	-238.85
Net Cash Per Share	-	-2.98	4.92	-38.75	-14.93
Filing Date Shares Outstanding	-	21	21	16	16
Total Common Shares Outstanding	-	21	21	16	16
Working Capital	286.31	1,037	1,450	588.74	44.49
Book Value Per Share	-	98.37	90.28	57.40	6.25
Tangible Book Value	2,687	2,051	1,881	907.22	97.5
Tangible Book Value Per Share	-	97.69	89.59	56.70	6.09
Land	-	235.09	164.48	89.45	3.4
Buildings	-	138.59	123.1	70.24	5.67
Machinery	-	279.86	268.71	128.11	17.55
Construction In Progress	-	397.01	131.46	7.58	-
Leasehold Improvements	-	2.62	2.59	1.07	0.6

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