IST:TGSAS 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	56.95	100.48	27.66	48.19	9.87	11.25
Trading Asset Securities	0.88	1.02	-	-	-	-
Cash & Short-Term Investments	57.83	101.51	27.66	48.19	9.87	11.25
Cash Growth	213.40%	266.93%	-42.59%	388.04%	-12.26%	32.95%
Accounts Receivable	16,845	19,685	7,476	6,163	2,623	2,319
Other Receivables	1,149	739.61	546.61	316.84	142.41	94.61
Receivables	17,994	20,425	8,022	6,480	2,766	2,413
Inventory	189.06	177.11	381.55	269.03	178.78	77.68
Prepaid Expenses	15.71	10.78	8.12	6.51	1.87	8.08
Other Current Assets	8.27	2.72	2.46	1.92	1.26	0.63
Total Current Assets	18,265	20,717	8,442	6,805	2,957	2,511
Property, Plant & Equipment	38.64	48.03	43.86	29.55	5.59	3.54
Long-Term Investments	-	0.13	-	-	-	-
Long-Term Deferred Tax Assets	4.01	-	-	-	0.26	0.74
Other Long-Term Assets	1.18	2.32	0.19	0.48	0.59	-
Total Assets	18,309	20,767	8,486	6,835	2,964	2,515
Accounts Payable	17,988	20,488	8,259	-	-	2,450
Accrued Expenses	1.89	2.27	2.87	2.15	0.69	0.11
Short-Term Debt	-	1.6	0.49	6,620	2,882	0.01
Current Portion of Long-Term Debt	-	-	-	-	0.14	0.42
Current Income Taxes Payable	22.24	18.31	13.44	10.31	1.58	2.08
Current Unearned Revenue	3	-	-	29.74	8.98	5.27
Other Current Liabilities	8.42	20.98	17.97	9.14	2.57	3.68
Total Current Liabilities	18,025	20,531	8,294	6,672	2,896	2,462
Long-Term Debt	-	-	-	0.37	0.59	-
Long-Term Leases	1.12	2.1	-	-	-	-
Pension & Post-Retirement Benefits	5.59	5.06	4.18	3.08	0.68	0.53
Long-Term Deferred Tax Liabilities	2.53	2.36	7.08	13.11	-	-
Other Long-Term Liabilities	-0	-	-0	-0	-	0
Total Liabilities	18,035	20,541	8,306	6,688	2,897	2,462
Common Stock	15	15	15	15	15	15
Additional Paid-In Capital	194.63	34.9	16.6	44.82	11.5	11.5
Retained Earnings	6.13	132.75	108.25	89.03	41.11	27.66
Treasury Stock	-1.3	-1.3	-4.22	-	-1	-1
Comprehensive Income & Other	59.54	45.14	45.13	-1.84	0.37	-0.11
Total Common Equity	274	226.49	180.77	147.01	66.97	53.05
Minority Interest	0.09	0.01	0.04	0.05	0.01	-0.01
Shareholders' Equity	274.08	226.51	180.8	147.06	66.98	53.04
Total Liabilities & Equity	18,309	20,767	8,486	6,835	2,964	2,515
Total Debt	2.6	3.7	0.49	6,621	2,882	0.44
Net Cash (Debt)	55.23	97.81	27.17	-6,572	-2,873	10.81
Net Cash Growth	199.47%	259.95%	-	-	-	75.49%
Net Cash Per Share	3.68	6.52	1.81	-438.16	-191.50	0.72
Filing Date Shares Outstanding	15	15	15	14.6	14.6	14.6
Total Common Shares Outstanding	15	15	15	14.6	14.6	14.6
Working Capital	239.5	185.55	148.02	133.58	61.81	49.29
Book Value Per Share	18.27	15.10	12.05	10.07	4.59	3.63
Tangible Book Value	274	226.49	180.77	147.01	66.97	53.05
Tangible Book Value Per Share	18.27	15.10	12.05	10.07	4.59	3.63
Buildings	48.84	38.93	38.93	26.97	3.65	3.65
Machinery	4.97	34.03	23	13.65	3.39	1.15

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.