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 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	1,049	999.88	153.97	133.83	473.97	106.05
Cash & Short-Term Investments	1,049	999.88	153.97	133.83	473.97	106.05
Cash Growth	183.36%	549.41%	15.05%	-71.77%	346.95%	-12.08%
Accounts Receivable	1,715	1,656	1,396	1,934	1,391	473.88
Other Receivables	13.31	39.03	15.38	56.26	53.52	24.83
Receivables	1,728	1,695	1,411	1,990	1,444	498.71
Inventory	3,440	4,211	4,664	4,442	4,264	645.36
Prepaid Expenses	256.69	156.17	81.64	58.76	129.62	11.44
Other Current Assets	362.05	346.25	470.37	486.4	464.69	88.26
Total Current Assets	6,836	7,409	6,781	7,111	6,776	1,350
Property, Plant & Equipment	6,540	3,103	3,099	2,276	1,365	254.91
Long-Term Investments	5.56	5.01	4.42	47.68	17.84	5.12
Other Intangible Assets	277.43	242.89	187.2	104.41	47.61	8.74
Long-Term Deferred Tax Assets	-	-	-	-	-	18.89
Other Long-Term Assets	0.06	29.05	5.71	0.33	0.11	0.36
Total Assets	13,659	10,789	10,077	9,540	8,207	1,638
Accounts Payable	647.09	1,363	1,181	1,278	1,049	257.82
Accrued Expenses	76.14	125.97	194.16	136.99	100.11	30.25
Short-Term Debt	2,722	2,735	2,300	2,021	3,152	92.4
Current Portion of Long-Term Debt	993.59	774.99	1,196	1,047	673.76	147.14
Current Portion of Leases	42.4	27.5	26.65	33.12	14.42	5.62
Current Income Taxes Payable	-	40.47	18.6	46.01	26.86	6.07
Current Unearned Revenue	109.79	186.79	93.91	59.9	88.97	6.51
Other Current Liabilities	95.94	16.28	24.55	19.62	14.2	7.44
Total Current Liabilities	4,687	5,271	5,035	4,641	5,120	553.24
Long-Term Debt	657.29	857.9	678.45	1,249	246.79	160
Long-Term Leases	116.39	114.09	110.85	108.87	48.3	22.1
Pension & Post-Retirement Benefits	-	83.71	72.67	92.54	77.49	17.3
Long-Term Deferred Tax Liabilities	540.75	167.62	139.58	45.61	110.9	-
Total Liabilities	6,075	6,494	6,037	6,137	5,603	752.63
Common Stock	244.8	244.8	136	136	136	136
Additional Paid-In Capital	95.37	86.67	-	191.18	132.42	10.11
Retained Earnings	952.65	759.45	627.29	251.76	260.62	716.9
Comprehensive Income & Other	6,291	3,204	3,277	2,824	2,074	22.2
Shareholders' Equity	7,584	4,295	4,041	3,403	2,603	885.21
Total Liabilities & Equity	13,659	10,789	10,077	9,540	8,207	1,638
Total Debt	4,531	4,510	4,313	4,459	4,135	427.26
Net Cash (Debt)	-3,483	-3,510	-4,159	-4,325	-3,661	-321.22
Net Cash Per Share	-	-14.34	-30.58	-31.80	-26.92	-2.36
Filing Date Shares Outstanding	-	244.8	244.8	136	136	136
Total Common Shares Outstanding	-	244.8	136	136	136	136
Working Capital	2,149	2,138	1,746	2,470	1,657	796.58
Book Value Per Share	-	17.55	29.71	25.02	19.14	6.51
Tangible Book Value	7,306	4,052	3,853	3,299	2,556	876.47
Tangible Book Value Per Share	-	16.55	28.33	24.25	18.79	6.44
Land	-	72.88	72.88	53.01	36.71	2.42
Buildings	-	1,355	1,350	955.16	566.89	43.42
Machinery	-	6,870	6,672	5,035	3,403	347.28
Construction In Progress	-	64.95	52.14	12.59	32.94	13.9
Leasehold Improvements	-	-	-	246.31	152.91	10.21

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