Turcas Holding A.S. Income Statement

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
Operations & Maintenance	-	-	-	7.49	2.14
Selling, General & Admin	326.86	273.81	170.98	84.36	25.68
Other Operating Expenses	42.39	-357.31	23.81	76.84	-7.83
Total Operating Expenses	369.26	-83.5	194.78	168.69	19.98
Operating Income	-369.26	83.5	-194.78	-168.69	-19.98
Interest Expense	-	-26.18	-72.11	-31.61	-20.8
Interest Income	424.35	446.62	633.6	486.11	88.84
Net Interest Expense	424.35	420.44	561.49	454.5	68.04
Income (Loss) on Equity Investments	737.95	908.58	852.9	1,192	174.14
Currency Exchange Gain (Loss)	128.83	55.77	-150.91	-122.2	-259.13
Other Non-Operating Income (Expenses)	-223.83	-235.43	78.05	-663.67	-4.63
EBT Excluding Unusual Items	698.05	1,233	1,147	691.89	-41.56
Gain (Loss) on Sale of Investments	-52.81	-38.17	-	-	-
Legal Settlements	-	-8.3	-5.58	-3.89	-
Pretax Income	645.23	1,186	1,141	688.01	-41.56
Income Tax Expense	29.45	10.93	-51.94	15.73	-5.23
Earnings From Continuing Ops.	615.79	1,175	1,193	672.28	-36.33
Earnings From Discontinued Ops.	-	-	-	96.66	-43.77
Net Income to Company	615.79	1,175	1,193	768.95	-80.1
Net Income	615.79	1,175	1,193	768.95	-80.1
Net Income to Common	615.79	1,175	1,193	768.95	-80.1
Net Income Growth	-47.61%	-1.48%	55.16%	-	-
Shares Outstanding (Basic)	256	256	256	256	256
Shares Outstanding (Diluted)	256	256	256	256	256
Shares Change (YoY)	-	0.03%	-	-0.03%	-
EPS (Basic)	2.41	4.60	4.67	3.01	-0.31
EPS (Diluted)	2.41	4.60	4.67	3.01	-0.31
EPS Growth	-47.61%	-1.51%	55.16%	-	-
Free Cash Flow	-475.83	-59.46	-443.72	608.81	97.7
Free Cash Flow Per Share	-1.86	-0.23	-1.74	2.38	0.38
Dividend Per Share	-	2.019	-	-	-
EBITDA	-330.37	121.79	-173.21	-154.06	-17.15
D&A For EBITDA	38.89	38.29	21.57	14.64	2.83
EBIT	-369.26	83.5	-194.78	-168.69	-19.98
Effective Tax Rate	4.56%	0.92%	-	2.29%	-

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