IST:TNZTP Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	691.64	375.56	654.79	191.67	153.92
Short-Term Investments	28.6	-	4.47	135.02	-
Trading Asset Securities	3.43	52.07	7.78	-	0.38
Cash & Short-Term Investments	723.66	427.62	667.04	326.69	154.29
Cash Growth	69.23%	-35.89%	104.18%	111.73%	-
Accounts Receivable	359.42	308.18	240.44	104.4	41.5
Other Receivables	70.38	5.25	8.78	0.4	0.3
Receivables	432.35	313.43	249.22	104.79	41.8
Inventory	131.24	120.57	98.33	45.26	22
Prepaid Expenses	20.78	17.75	10.2	3.24	1.38
Other Current Assets	48.84	134.75	30.71	26.89	6.88
Total Current Assets	1,357	1,014	1,055	506.88	226.34
Property, Plant & Equipment	6,545	4,150	5,143	1,562	485.2
Long-Term Investments	-	-	-	1.37	-
Other Intangible Assets	5.96	1.71	1.64	0.48	0.03
Other Long-Term Assets	1,664	3,984	220.73	156.46	15.13
Total Assets	9,572	9,149	6,421	2,228	726.7
Accounts Payable	272.97	245.22	212.52	123.01	57.41
Accrued Expenses	110.95	105.19	72.24	35.31	10.73
Short-Term Debt	127	72.86	21.22	8.32	13.45
Current Portion of Long-Term Debt	75.69	98.38	144.17	8.68	13.21
Current Portion of Leases	147.4	151.41	142.67	12.33	6.22
Current Income Taxes Payable	58.29	15.45	8.63	1.42	4.08
Current Unearned Revenue	52.29	64.06	58.54	14.48	0.63
Other Current Liabilities	27.35	30.14	129.15	25.05	0.51
Total Current Liabilities	871.95	782.71	789.13	228.6	106.23
Long-Term Debt	40.01	145.09	234.46	-	5.36
Long-Term Leases	-	192.93	528.42	21.75	3.05
Long-Term Unearned Revenue	0.36	0.63	-	-	-
Pension & Post-Retirement Benefits	37.22	35	18.52	11.15	3.89
Long-Term Deferred Tax Liabilities	609.64	801.74	315.8	100.84	31.33
Other Long-Term Liabilities	3.52	20.98	48.35	78.75	2.41
Total Liabilities	1,563	1,979	1,935	441.08	152.27
Common Stock	400	128	128	100	100
Additional Paid-In Capital	808.91	804.87	609.1	36.54	2.4
Retained Earnings	5,980	5,556	2,985	1,274	147.75
Treasury Stock	-8.19	-119.26	-68	-	-
Comprehensive Income & Other	827.48	799.15	830.65	376.06	324.28
Total Common Equity	8,008	7,169	4,485	1,786	574.44
Minority Interest	1.52	1.52	1.16	-	-
Shareholders' Equity	8,009	7,170	4,486	1,786	574.44
Total Liabilities & Equity	9,572	9,149	6,421	2,228	726.7
Total Debt	390.1	660.67	1,071	51.07	41.28
Net Cash (Debt)	333.56	-233.05	-403.91	275.62	113.01
Net Cash Growth	-	-	-	143.89%	-
Net Cash Per Share	0.83	-0.58	-1.01	0.88	0.36
Filing Date Shares Outstanding	400	400	400	400	312.5
Total Common Shares Outstanding	400	400	400	400	312.5
Working Capital	484.93	231.41	266.36	278.28	120.11
Book Value Per Share	20.02	17.92	11.21	4.47	1.84
Tangible Book Value	8,002	7,167	4,483	1,786	574.4
Tangible Book Value Per Share	20.00	17.92	11.21	4.46	1.84
Land	3,868	1,548	1,948	772.58	241.84
Buildings	3,464	3,464	3,736	545.42	199.5
Machinery	1,606	1,337	889.25	536.93	74.17
Construction In Progress	1.23	0.76	64.92	0.25	0.04

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.