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	Sep '26 Sep 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	4,720	6,357	1,327	1,545	863.86	9,179
Short-Term Investments	14,318	157.51	-	-	-	-
Trading Asset Securities	-	11,033	12,682	11,994	16,083	-
Cash & Short-Term Investments	19,038	17,547	14,009	13,539	16,946	9,179
Cash Growth	7.38%	25.26%	3.47%	-20.11%	84.62%	48.29%
Accounts Receivable	107.7	57.73	113.01	121.12	72.81	27.63
Other Receivables	53.85	80.85	545.25	221.79	149.17	57.21
Receivables	161.55	138.57	658.25	342.91	221.98	84.83
Inventory	3,387	3,034	4,685	2,314	1,461	464.17
Prepaid Expenses	263.2	200.73	144.26	-	25.86	3.25
Other Current Assets	8.42	202.57	83.81	1,259	402.69	26.16
Total Current Assets	22,858	21,124	19,580	17,454	19,058	9,758
Property, Plant & Equipment	37,544	21,092	14,144	9,737	6,870	1,467
Long-Term Investments	4,775	3,476	3,240	2,476	1,715	218.42
Goodwill	-	-	-	137.53	95.25	11.23
Other Intangible Assets	35.96	30.12	51.26	18.44	8.22	4.05
Long-Term Deferred Tax Assets	871.53	1,178	2,630	2,222	-	219.54
Other Long-Term Assets	4,106	3,975	6,468	7,064	2,204	607.69
Total Assets	70,190	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	Sep '26 Sep 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	1,022	379.4	294.2	473.19	283.61	215.8
Accrued Expenses	881.64	2,403	1,221	1,027	925.21	380.14
Short-Term Debt	67	98.21	26.18	553.46	-	-
Current Portion of Leases	56.67	3.86	1.33	4.34	26.91	19.47
Current Income Taxes Payable	783.72	199.97	21.49	297.74	64.19	426.36
Current Unearned Revenue	4.6	1.13	41.42	10.55	3.4	1.15
Other Current Liabilities	5,390	1,258	1,246	651.83	602.48	150.41
Total Current Liabilities	8,205	4,343	2,852	3,018	1,906	1,193
Long-Term Leases	262.13	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	562.6	324.04	286.47	213.8	194.81	48.95
Long-Term Deferred Tax Liabilities	583.9	-	-	32.68	498.61	-
Other Long-Term Liabilities	2,488	827.69	1,146	706.49	634.46	346.11
Total Liabilities	12,101	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	Sep '26 Sep 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	6,463	5,149	5,149	3,871	2,601	0.24
Retained Earnings	10,066	7,079	6,373	5,770	4,255	1,883
Comprehensive Income & Other	-89.15	-109.04	-172.64	-87.23	-31.32	-3.85
Total Common Equity	16,700	12,379	11,609	9,813	7,085	2,140
Minority Interest	41,388	32,999	30,217	25,321	19,622	8,536
Shareholders' Equity	58,088	45,378	41,826	35,134	26,707	10,676
Total Liabilities & Equity	70,190	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	Sep '26 Sep 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	385.8	103.37	29.88	560.84	36.9	40.14
Net Cash (Debt)	18,653	17,444	13,979	12,978	16,910	9,139
Net Cash Growth	5.59%	24.79%	7.71%	-23.25%	85.03%	47.75%
Net Cash Per Share	-	67.18	53.82	49.96	65.09	35.18
Filing Date Shares Outstanding	-	259.79	259.79	259.79	259.79	259.79
Total Common Shares Outstanding	-	259.79	259.79	259.79	259.79	259.79
Working Capital	14,653	16,780	16,728	14,436	17,153	8,564
Book Value Per Share	-	47.65	44.69	37.78	27.27	8.24
Tangible Book Value	16,664	12,349	11,558	9,657	6,981	2,124
Tangible Book Value Per Share	-	47.53	44.49	37.17	26.87	8.18
Land	-	7,552	6,327	4,838	3,305	401.69
Machinery	-	17,399	16,906	15,014	10,444	1,533
Construction In Progress	-	10,271	5,009	626.08	118.52	45.78