Turcas Holding A.S. 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	1,099	844.98	353.74	259.52	51.95	20.67
Short-Term Investments	-	319.63	344.5	317.07	229.84	96.42
Accounts Receivable	0.33	0.31	0.45	0.7	0.72	0.55
Other Receivables	20.23	3.33	1.44	1.15	2.29	74.19
Prepaid Expenses	4.31	9.63	6.48	2.13	0.79	0.36
Loans Receivable Current	-	-	0.01	0.01	0.03	0.01
Other Current Assets	343.03	0.02	0.79	0.54	0.19	384.41
Total Current Assets	1,467	1,178	707.4	581.11	285.81	576.61
Property, Plant & Equipment	230.77	315.13	319.97	247.83	139.99	20.46
Other Intangible Assets	0.63	0.71	1.03	0.41	0.78	0.07
Long-Term Investments	14,308	12,680	12,977	9,652	6,382	961.65
Long-Term Deferred Tax Assets	19.2	-	21.65	24.86	-	5.1
Other Long-Term Assets	384.24	42.82	12.67	32.13	18.67	0.03
Total Assets	16,410	14,216	14,040	10,539	6,827	1,564
Accounts Payable	6.64	9.42	4.09	5.35	3.18	0.94
Accrued Expenses	9.03	22.73	19.96	9.46	4.97	1.67
Current Portion of Long-Term Debt	-	-	-	320.85	140.22	221.49
Current Income Taxes Payable	0.06	0.06	-	2.03	1.3	0.33
Other Current Liabilities	24.38	14.64	26.67	11.95	7.11	560.94
Total Current Liabilities	40.1	46.85	50.71	349.64	156.78	785.38
Long-Term Debt	-	-	-	256.93	552.45	586.31
Long-Term Unearned Revenue	-	0.03	0.04	0.05	0.05	0.03
Pension & Post-Retirement Benefits	6.77	5.82	5.35	3.31	2.74	0.55
Long-Term Deferred Tax Liabilities	-	7.92	-	-	18.96	-
Other Long-Term Liabilities	0.78	0.74	0.97	1.07	1.23	0.74
Total Liabilities	47.65	61.36	57.08	611	732.2	1,373
Common Stock	255.6	255.6	255.6	255.6	255.6	255.6
Retained Earnings	8,941	7,424	7,309	4,831	2,520	49.95
Treasury Stock	-8.45	-8.45	-8.45	-8.45	-8.45	-8.45
Comprehensive Income & Other	7,174	6,484	6,426	4,850	3,328	-106.18
Total Common Equity	16,363	14,155	13,983	9,928	6,095	190.91
Shareholders' Equity	16,363	14,155	13,983	9,928	6,095	190.91
Total Liabilities & Equity	16,410	14,216	14,040	10,539	6,827	1,564
Total Debt	-	-	-	577.78	692.67	807.8
Net Cash (Debt)	1,099	1,165	698.23	-1.19	-410.88	-690.71
Net Cash Growth	116.56%	66.79%	-	-	-	-
Net Cash Per Share	-	4.56	2.73	-0.00	-1.61	-2.70
Filing Date Shares Outstanding	-	255.53	255.53	255.53	255.53	255.53
Total Common Shares Outstanding	-	255.53	255.53	255.53	255.53	255.53
Working Capital	1,427	1,131	656.69	231.48	129.03	-208.76
Book Value Per Share	-	55.40	54.72	38.85	23.85	0.75
Tangible Book Value	16,362	14,154	13,982	9,927	6,094	190.85
Tangible Book Value Per Share	-	55.39	54.72	38.85	23.85	0.75
Buildings	-	227.21	227.21	173.58	120.23	14.16
Machinery	-	722.39	691.68	503.26	319.05	34.74