IST:TRENJ Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	7,578	6,357	1,327	1,545	863.86	9,179
Short-Term Investments	532.18	157.51	-	-	-	-
Trading Asset Securities	12,973	11,033	12,682	11,994	16,083	-
Cash & Short-Term Investments	21,083	17,547	14,009	13,539	16,946	9,179
Cash Growth	49.92%	25.26%	3.47%	-20.11%	84.62%	48.29%
Accounts Receivable	97.89	57.73	113.01	121.12	72.81	27.63
Other Receivables	71.72	80.85	545.25	221.79	149.17	57.21
Receivables	169.62	138.57	658.25	342.91	221.98	84.83
Inventory	3,179	3,034	4,685	2,314	1,461	464.17
Prepaid Expenses	187.71	200.73	144.26	-	25.86	3.25
Other Current Assets	89.76	202.57	83.81	1,259	402.69	26.16
Total Current Assets	24,709	21,124	19,580	17,454	19,058	9,758
Property, Plant & Equipment	30,576	21,092	14,144	9,737	6,870	1,467
Long-Term Investments	4,554	3,476	3,240	2,476	1,715	218.42
Goodwill	-	-	-	137.53	95.25	11.23
Other Intangible Assets	38.64	30.12	51.26	18.44	8.22	4.05
Long-Term Deferred Tax Assets	819.84	1,178	2,630	2,222	-	219.54
Other Long-Term Assets	4,490	3,975	6,468	7,064	2,204	607.69
Total Assets	65,188	50,874	46,113	39,109	29,951	12,285

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	649.98	379.4	294.2	473.19	283.61	215.8
Accrued Expenses	2,832	2,403	1,221	1,027	925.21	380.14
Short-Term Debt	112	98.21	26.18	553.46	-	-
Current Portion of Leases	1.95	3.86	1.33	4.34	26.91	19.47
Current Income Taxes Payable	307.02	199.97	21.49	297.74	64.19	426.36
Current Unearned Revenue	6.41	1.13	41.42	10.55	3.4	1.15
Other Current Liabilities	1,770	1,258	1,246	651.83	602.48	150.41
Total Current Liabilities	5,679	4,343	2,852	3,018	1,906	1,193
Long-Term Leases	3.03	1.31	2.37	3.04	9.99	20.67
Long-Term Unearned Revenue	-	0.01	0.05	0.57	0.31	0.22
Pension & Post-Retirement Benefits	505.91	324.04	286.47	213.8	194.81	48.95
Long-Term Deferred Tax Liabilities	-	-	-	32.68	498.61	-
Other Long-Term Liabilities	2,580	827.69	1,146	706.49	634.46	346.11
Total Liabilities	8,768	5,496	4,286	3,975	3,244	1,609

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	259.79	259.79	259.79	259.79	259.79	259.79
Additional Paid-In Capital	6,109	5,149	5,149	3,871	2,601	0.24
Retained Earnings	9,563	7,079	6,373	5,770	4,255	1,883
Comprehensive Income & Other	-78.29	-109.04	-172.64	-87.23	-31.32	-3.85
Total Common Equity	15,854	12,379	11,609	9,813	7,085	2,140
Minority Interest	40,566	32,999	30,217	25,321	19,622	8,536
Shareholders' Equity	56,420	45,378	41,826	35,134	26,707	10,676
Total Liabilities & Equity	65,188	50,874	46,113	39,109	29,951	12,285

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	116.98	103.37	29.88	560.84	36.9	40.14
Net Cash (Debt)	20,966	17,444	13,979	12,978	16,910	9,139
Net Cash Growth	49.32%	24.79%	7.71%	-23.25%	85.03%	47.75%
Net Cash Per Share	80.74	67.18	53.82	49.96	65.09	35.18
Filing Date Shares Outstanding	259.79	259.79	259.79	259.79	259.79	259.79
Total Common Shares Outstanding	259.79	259.79	259.79	259.79	259.79	259.79
Working Capital	19,030	16,780	16,728	14,436	17,153	8,564
Book Value Per Share	61.03	47.65	44.69	37.78	27.27	8.24
Tangible Book Value	15,815	12,349	11,558	9,657	6,981	2,124
Tangible Book Value Per Share	60.88	47.53	44.49	37.17	26.87	8.18
Land	8,888	7,552	6,327	4,838	3,305	401.69
Machinery	20,913	17,399	16,906	15,014	10,444	1,533
Construction In Progress	13,730	10,271	5,009	626.08	118.52	45.78