Tat Gida Sanayi A.S. Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	796.95	117.63	133.83	473.97	106.05	120.61
Cash & Short-Term Investments	796.95	117.63	133.83	473.97	106.05	120.61
Cash Growth	2283.77%	-12.10%	-71.77%	346.95%	-12.08%	1051.24%
Accounts Receivable	1,557	1,029	1,934	1,391	473.88	445.57
Other Receivables	20.05	11.75	56.26	53.52	24.83	14.47
Receivables	1,577	1,041	1,990	1,444	498.71	460.05
Inventory	4,676	3,600	4,442	4,264	645.36	368.42
Prepaid Expenses	128.05	62.37	58.76	129.62	11.44	5.04
Other Current Assets	334.19	359.36	486.4	464.69	88.26	218.71
Total Current Assets	7,512	5,181	7,111	6,776	1,350	1,173
Property, Plant & Equipment	2,954	2,367	2,276	1,365	254.91	100.75
Long-Term Investments	4.23	3.38	47.68	17.84	5.12	4.38
Other Intangible Assets	209.76	143.02	104.41	47.61	8.74	7.12
Long-Term Deferred Tax Assets	-	-	-	-	18.89	4.97
Other Long-Term Assets	51.82	4.36	0.33	0.11	0.36	18.65
Total Assets	10,732	7,699	9,540	8,207	1,638	1,309
Accounts Payable	2,180	902.12	1,278	1,049	257.82	213.43
Accrued Expenses	117.13	148.33	136.99	100.11	30.25	33.88
Short-Term Debt	2,724	1,757	2,021	3,152	92.4	42.38
Current Portion of Long-Term Debt	771.72	913.91	1,047	673.76	147.14	74.16
Current Portion of Leases	16.54	20.36	33.12	14.42	5.62	6.59
Current Income Taxes Payable	-	14.21	46.01	26.86	6.07	13.81
Current Unearned Revenue	163.18	71.75	59.9	88.97	6.51	6.57
Other Current Liabilities	134.67	18.76	19.62	14.2	7.44	20.56
Total Current Liabilities	6,107	3,847	4,641	5,120	553.24	411.38
Long-Term Debt	507.25	518.33	1,249	246.79	160	175
Long-Term Leases	95.09	84.69	108.87	48.3	22.1	5.84
Pension & Post-Retirement Benefits	72.69	55.52	92.54	77.49	17.3	11.74
Long-Term Deferred Tax Liabilities	3.55	106.64	45.61	110.9	-	-
Total Liabilities	6,785	4,612	6,137	5,603	752.63	603.96
Common Stock	244.8	136	136	136	136	136
Additional Paid-In Capital	83.05	-	191.18	132.42	10.11	10.11
Retained Earnings	548.76	479.24	251.76	501.08	716.9	535.83
Comprehensive Income & Other	3,070	2,472	2,824	1,834	22.2	22.81
Shareholders' Equity	3,946	3,087	3,403	2,603	885.21	704.75
Total Liabilities & Equity	10,732	7,699	9,540	8,207	1,638	1,309
Total Debt	4,114	3,295	4,459	4,135	427.26	303.97
Net Cash (Debt)	-3,317	-3,177	-4,325	-3,661	-321.22	-183.36
Net Cash Per Share	-15.00	-23.36	-31.80	-26.92	-2.36	-1.35
Filing Date Shares Outstanding	244.8	244.8	136	136	136	136
Total Common Shares Outstanding	244.8	136	136	136	136	136
Working Capital	1,405	1,334	2,470	1,657	796.58	761.44
Book Value Per Share	16.12	22.70	25.02	19.14	6.51	5.18
Tangible Book Value	3,736	2,944	3,299	2,556	876.47	697.63
Tangible Book Value Per Share	15.26	21.65	24.25	18.79	6.44	5.13
Land	-	55.68	53.01	36.71	2.42	2.42
Buildings	-	1,031	955.16	566.89	43.42	33.1
Machinery	-	5,097	5,035	3,403	347.28	226.48
Construction In Progress	-	39.84	12.59	32.94	13.9	-
Leasehold Improvements	-	246.92	246.31	152.91	10.21	10.01

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