IST:TNZTP 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	1,327	691.64	375.56	654.79	191.67	153.92
Short-Term Investments	33.31	28.6	-	4.47	135.02	-
Trading Asset Securities	4.42	3.43	52.07	7.78	-	0.38
Cash & Short-Term Investments	1,365	723.66	427.62	667.04	326.69	154.29
Cash Growth	315.61%	69.23%	-35.89%	104.18%	111.73%	-
Accounts Receivable	460.27	359.42	308.18	240.44	104.4	41.5
Other Receivables	70.44	70.38	5.25	8.78	0.4	0.3
Receivables	530.72	432.35	313.43	249.22	104.79	41.8
Inventory	183.61	131.24	120.57	98.33	45.26	22
Prepaid Expenses	19.33	20.78	17.75	10.2	3.24	1.38
Other Current Assets	57.69	48.84	134.75	30.71	26.89	6.88
Total Current Assets	2,156	1,357	1,014	1,055	506.88	226.34
Property, Plant & Equipment	7,149	6,545	4,150	5,143	1,562	485.2
Long-Term Investments	-	-	-	-	1.37	-
Other Intangible Assets	9.89	5.96	1.71	1.64	0.48	0.03
Other Long-Term Assets	1,832	1,664	3,984	220.73	156.46	15.13
Total Assets	11,147	9,572	9,149	6,421	2,228	726.7
Accounts Payable	286.96	272.97	245.22	212.52	123.01	57.41
Accrued Expenses	139.99	110.95	105.19	72.24	35.31	10.73
Short-Term Debt	124.97	127	72.86	21.22	8.32	13.45
Current Portion of Long-Term Debt	77.78	75.69	98.38	144.17	8.68	13.21
Current Portion of Leases	112.16	147.4	151.41	142.67	12.33	6.22
Current Income Taxes Payable	81.33	58.29	15.45	8.63	1.42	4.08
Current Unearned Revenue	62.35	52.29	64.06	58.54	14.48	0.63
Other Current Liabilities	24.51	27.35	30.14	129.15	25.05	0.51
Total Current Liabilities	910.06	871.95	782.71	789.13	228.6	106.23
Long-Term Debt	17.85	40.01	145.09	234.46	-	5.36
Long-Term Leases	488.49	-	192.93	528.42	21.75	3.05
Long-Term Unearned Revenue	0.76	0.36	0.63	-	-	-
Pension & Post-Retirement Benefits	41.57	37.22	35	18.52	11.15	3.89
Long-Term Deferred Tax Liabilities	798.1	609.64	801.74	315.8	100.84	31.33
Other Long-Term Liabilities	3.56	3.52	20.98	48.35	78.75	2.41
Total Liabilities	2,260	1,563	1,979	1,935	441.08	152.27
Common Stock	400	400	128	128	100	100
Additional Paid-In Capital	890.12	808.91	804.87	609.1	36.54	2.4
Retained Earnings	6,653	5,980	5,556	2,985	1,274	147.75
Treasury Stock	-9.02	-8.19	-119.26	-68	-	-
Comprehensive Income & Other	950.72	827.48	799.15	830.65	376.06	324.28
Total Common Equity	8,885	8,008	7,169	4,485	1,786	574.44
Minority Interest	1.67	1.52	1.52	1.16	-	-
Shareholders' Equity	8,886	8,009	7,170	4,486	1,786	574.44
Total Liabilities & Equity	11,147	9,572	9,149	6,421	2,228	726.7
Total Debt	821.25	390.1	660.67	1,071	51.07	41.28
Net Cash (Debt)	543.72	333.56	-233.05	-403.91	275.62	113.01
Net Cash Growth	-	-	-	-	143.89%	-
Net Cash Per Share	1.22	0.83	-0.58	-1.01	0.88	0.36
Filing Date Shares Outstanding	400	400	400	400	400	312.5
Total Common Shares Outstanding	400	400	400	400	400	312.5
Working Capital	1,246	484.93	231.41	266.36	278.28	120.11
Book Value Per Share	22.21	20.02	17.92	11.21	4.47	1.84
Tangible Book Value	8,875	8,002	7,167	4,483	1,786	574.4
Tangible Book Value Per Share	22.19	20.00	17.92	11.21	4.46	1.84
Land	4,256	3,868	1,548	1,948	772.58	241.84
Buildings	3,811	3,464	3,464	3,736	545.42	199.5
Machinery	1,759	1,606	1,337	889.25	536.93	74.17
Construction In Progress	8.12	1.23	0.76	64.92	0.25	0.04

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