TAV Havalimanlari Holding A.S. (IST:TAVHL)

IST:TAVHL Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	305	353.71	537.05	257.19	92.94	604.3
Short-Term Investments	59	-	-	-	-	50
Trading Asset Securities	-	65.56	80.61	45.32	-	-
Cash & Short-Term Investments	364	419.27	617.66	302.51	92.94	654.3
Cash Growth	-36.55%	-32.12%	104.18%	225.50%	-85.80%	12.53%
Accounts Receivable	178	137.14	120.42	123.84	92.85	80.89
Other Receivables	183	63.73	44.24	45.38	29.26	225.96
Receivables	361	200.87	164.66	169.22	145.16	326.14
Inventory	47	44.86	33.69	49.84	20.74	7.13
Prepaid Expenses	-	53.48	72.56	97.29	29.57	19.24
Restricted Cash	76	-	-	-	82.21	24.66
Other Current Assets	-	135.37	139.55	130.48	76.63	53.25
Total Current Assets	848	853.85	1,028	749.34	447.24	1,085
Property, Plant & Equipment	871	1,088	743.47	523.71	429.25	248.31
Long-Term Investments	699	785.3	793.84	729.16	319.2	337.13
Goodwill	214	224.16	215.66	218.51	213.44	137.06
Other Intangible Assets	1,970	1,493	1,589	1,666	1,693	1,581
Long-Term Accounts Receivable	-	-	-	-	95.93	106.05
Long-Term Deferred Tax Assets	50	55.13	44.04	28.5	18.47	32.22
Other Long-Term Assets	250	333.66	281.27	182.43	23.85	26.48
Total Assets	4,902	4,879	4,737	4,217	3,445	3,555
Accounts Payable	81	106.89	71.94	84.25	42.24	46.35
Accrued Expenses	14	193.83	222.38	158.83	77.67	193.57
Short-Term Debt	-	302.05	372.13	276.27	169.91	587.14
Current Portion of Long-Term Debt	433	147.29	152.11	104.38	168.38	424.17
Current Portion of Leases	-	14.03	6.3	6.18	6.26	7.37
Current Income Taxes Payable	10	4.82	12.06	10.79	3.3	3.02
Current Unearned Revenue	8	10.81	14.49	45.64	3.34	10.05
Other Current Liabilities	546	31.48	33.75	42.49	16.27	10.47
Total Current Liabilities	1,092	811.2	885.16	728.82	487.36	1,282
Long-Term Debt	1,370	1,281	1,188	952.36	971.24	594.98
Long-Term Leases	-	109.71	62.3	52.12	54.5	60.4
Long-Term Unearned Revenue	19	16.66	14.51	11.69	13.2	15.26
Long-Term Deferred Tax Liabilities	92	88.55	76.87	88.76	74.63	13.3
Other Long-Term Liabilities	773	904.37	1,065	1,181	822.17	638.74
Total Liabilities	3,374	3,251	3,315	3,039	2,434	2,620
Common Stock	162	9.92	11.11	18.17	24.08	40.33
Additional Paid-In Capital	220	9.02	10.1	16.51	220.29	220.29
Retained Earnings	1,261	571.56	420.1	208.18	712.64	661.56
Treasury Stock	-	-	-	-	-4.28	-4.28
Comprehensive Income & Other	-132	1,022	965.03	915.54	42.98	4.9
Total Common Equity	1,511	1,613	1,406	1,158	995.7	922.79
Minority Interest	17	15.23	15.17	19.93	14.95	11.91
Shareholders' Equity	1,528	1,628	1,422	1,178	1,011	934.7
Total Liabilities & Equity	4,902	4,879	4,737	4,217	3,445	3,555
Total Debt	1,803	1,854	1,781	1,391	1,370	1,674
Net Cash (Debt)	-1,439	-1,435	-1,163	-1,089	-1,277	-1,020
Net Cash Per Share	-3.96	-3.95	-3.20	-3.01	-3.54	-2.81
Filing Date Shares Outstanding	363.28	363.28	363.28	361.23	361.23	361.23
Total Common Shares Outstanding	363.28	363.28	363.28	361.23	361.23	361.23
Working Capital	-244	42.65	142.96	20.52	-40.12	-197.44
Book Value Per Share	4.16	4.44	3.87	3.21	2.76	2.55
Tangible Book Value	-673	-104.75	-398.79	-726.33	-910.83	-795.1
Tangible Book Value Per Share	-1.85	-0.29	-1.10	-2.01	-2.52	-2.20
Land	-	2.72	2.54	2.63	2.45	0.12
Buildings	-	359.38	205.1	202.16	191.36	19.79
Machinery	-	457.07	312.14	271.05	250.23	190.83
Construction In Progress	-	302.66	279.54	97.83	9.62	19.44
Leasehold Improvements	-	237.06	196.22	151.32	129.95	120.86

Updated Feb 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.