IST:THYAO Balance Sheet

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

Millions USD. 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	1,602	2,008	2,721	683	4,075	2,677
Short-Term Investments	4,785	3,927	2,156	443	615	-
Trading Asset Securities	-	339	1,193	4,910	27	5
Cash & Short-Term Investments	6,387	6,274	6,070	6,036	4,717	2,682
Cash Growth	15.41%	3.36%	0.56%	27.96%	75.88%	46.64%
Accounts Receivable	1,389	1,069	905	856	995	925
Other Receivables	955	369	415	361	288	187
Receivables	2,344	1,438	1,320	1,217	1,283	1,112
Inventory	1,074	968	671	418	331	261
Prepaid Expenses	414	154	126	117	176	55
Other Current Assets	720	1,352	1,506	768	718	828
Total Current Assets	10,939	10,186	9,693	8,556	7,225	4,938
Property, Plant & Equipment	28,844	28,249	24,680	23,003	21,231	19,474
Long-Term Investments	3,767	3,446	1,757	895	442	325
Goodwill	27	27	27	27	27	12
Other Intangible Assets	174	180	112	87	77	82
Long-Term Deferred Tax Assets	459	413	402	332	2	1
Long-Term Deferred Charges	-	-	-	54	-	58
Other Long-Term Assets	4,397	4,102	3,003	2,678	1,940	1,647
Total Assets	48,607	46,603	39,674	35,632	30,944	26,537
Accounts Payable	1,679	1,832	1,494	1,291	1,200	891
Accrued Expenses	744	701	1,104	973	222	443
Short-Term Debt	1,614	1,632	1,571	1,345	1,058	896
Current Portion of Long-Term Debt	218	145	291	619	1,102	1,459
Current Portion of Leases	1,914	2,007	1,827	1,760	1,589	1,670
Current Income Taxes Payable	-	242	269	185	3	16
Current Unearned Revenue	4,463	3,524	2,944	2,705	2,394	1,264
Other Current Liabilities	574	216	106	170	656	134
Total Current Liabilities	11,206	10,299	9,606	9,048	8,224	6,773
Long-Term Debt	1,496	1,141	33	472	1,115	2,333
Long-Term Leases	13,059	12,879	10,139	10,052	9,177	8,574
Long-Term Unearned Revenue	64	76	131	108	108	92
Pension & Post-Retirement Benefits	281	282	247	229	273	113
Long-Term Deferred Tax Liabilities	60	73	65	50	2,220	1,714
Other Long-Term Liabilities	627	539	139	110	85	101
Total Liabilities	26,793	25,289	20,360	20,069	21,202	19,700
Common Stock	1,597	1,597	1,597	1,597	1,597	1,597
Additional Paid-In Capital	1	1	-	-	-	-
Retained Earnings	20,506	20,279	17,612	14,187	8,166	5,441
Treasury Stock	-54	-47	-39	-33	-	-
Comprehensive Income & Other	-236	-518	140	-193	-21	-202
Total Common Equity	21,814	21,312	19,310	15,558	9,742	6,836
Minority Interest	-	2	4	5	-	1
Shareholders' Equity	21,814	21,314	19,314	15,563	9,742	6,837
Total Liabilities & Equity	48,607	46,603	39,674	35,632	30,944	26,537
Total Debt	18,301	17,804	13,861	14,248	14,041	14,932
Net Cash (Debt)	-11,914	-11,530	-7,791	-8,212	-9,324	-12,250
Net Cash Per Share	-	-8.36	-5.65	-5.95	-6.76	-8.88
Filing Date Shares Outstanding	-	1,380	1,380	1,380	1,380	1,380
Total Common Shares Outstanding	-	1,380	1,380	1,380	1,380	1,380
Working Capital	-267	-113	87	-492	-999	-1,835
Book Value Per Share	-	15.44	13.99	11.27	7.06	4.95
Tangible Book Value	21,613	21,105	19,171	15,444	9,638	6,742
Tangible Book Value Per Share	-	15.29	13.89	11.19	6.98	4.89
Machinery	-	13,736	11,548	9,543	6,816	6,031
Construction In Progress	-	832	433	323	242	179
Leasehold Improvements	-	322	263	254	210	196

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