Turcas Holding A.S. 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	844.98	270.25	259.52	51.95	20.67
Short-Term Investments	-	263.19	317.07	229.84	96.42
Accounts Receivable	0.31	0.34	0.7	0.72	0.55
Other Receivables	11.2	1.1	1.15	2.29	74.19
Prepaid Expenses	1.77	4.95	2.13	0.79	0.36
Loans Receivable Current	-	0.01	0.01	0.03	0.01
Other Current Assets	319.66	0.61	0.54	0.19	384.41
Total Current Assets	1,178	540.44	581.11	285.81	576.61
Property, Plant & Equipment	315.13	244.45	247.83	139.99	20.46
Other Intangible Assets	0.71	0.78	0.41	0.78	0.07
Long-Term Investments	12,344	9,914	9,652	6,382	961.65
Long-Term Deferred Tax Assets	-	16.54	24.86	-	5.1
Other Long-Term Assets	379.17	9.68	32.13	18.67	0.03
Total Assets	14,216	10,726	10,539	6,827	1,564
Accounts Payable	9.42	3.12	5.35	3.18	0.94
Accrued Expenses	4.18	5.52	9.46	4.97	1.67
Current Portion of Long-Term Debt	-	-	320.85	140.22	221.49
Current Income Taxes Payable	0.06	9.73	2.03	1.3	0.33
Other Current Liabilities	33.19	20.38	11.95	7.11	560.94
Total Current Liabilities	46.85	38.74	349.64	156.78	785.38
Long-Term Debt	-	-	256.93	552.45	586.31
Long-Term Unearned Revenue	-	0.03	0.05	0.05	0.03
Pension & Post-Retirement Benefits	5.82	4.09	3.31	2.74	0.55
Long-Term Deferred Tax Liabilities	7.92	-	-	18.96	-
Other Long-Term Liabilities	0.78	0.74	1.07	1.23	0.74
Total Liabilities	61.36	43.61	611	732.2	1,373
Common Stock	255.6	255.6	255.6	255.6	255.6
Retained Earnings	7,424	5,584	4,831	2,520	49.95
Treasury Stock	-8.45	-8.45	-8.45	-8.45	-8.45
Comprehensive Income & Other	6,484	4,851	4,850	3,328	-106.18
Total Common Equity	14,155	10,683	9,928	6,095	190.91
Shareholders' Equity	14,155	10,683	9,928	6,095	190.91
Total Liabilities & Equity	14,216	10,726	10,539	6,827	1,564
Total Debt	-	-	577.78	692.67	807.8
Net Cash (Debt)	844.98	533.44	-1.19	-410.88	-690.71
Net Cash Growth	58.40%	-	-	-	-
Net Cash Per Share	3.31	2.09	-0.00	-1.61	-2.70
Filing Date Shares Outstanding	255.68	255.53	255.53	255.53	255.53
Total Common Shares Outstanding	255.68	255.53	255.53	255.53	255.53
Working Capital	1,131	501.7	231.48	129.03	-208.76
Book Value Per Share	55.36	41.81	38.85	23.85	0.75
Tangible Book Value	14,154	10,682	9,927	6,094	190.85
Tangible Book Value Per Share	55.36	41.80	38.85	23.85	0.75
Buildings	-	173.58	173.58	120.23	14.16
Machinery	-	528.43	503.26	319.05	34.74

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