IST:TUKAS 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	140.13	38.34	30.73	279.4	144.05	15.55
Short-Term Investments	1,931	1,426	795.53	322.84	263.95	-
Cash & Short-Term Investments	2,071	1,464	826.26	602.24	408.01	15.55
Cash Growth	66.27%	77.21%	37.20%	47.61%	2523.74%	-26.02%
Accounts Receivable	2,391	1,784	1,768	1,373	1,490	324.9
Other Receivables	325.07	113.55	46.72	137.76	378.05	25.61
Receivables	2,716	1,897	1,815	1,511	1,868	350.5
Inventory	6,178	6,931	4,836	3,395	2,826	502.34
Prepaid Expenses	581.62	1.88	2.21	95.71	0.05	-
Other Current Assets	315.97	620.13	930.35	563.94	334.02	22.41
Total Current Assets	11,864	10,914	8,409	6,168	5,436	890.8
Property, Plant & Equipment	17,252	15,776	12,103	7,771	2,420	491.24
Other Intangible Assets	1.84	1.89	1.9	0.78	1.24	0.16
Long-Term Deferred Tax Assets	-	-	216.84	-	-	-
Other Long-Term Assets	58.24	172.46	149.88	177.67	222.73	153.94
Total Assets	29,176	26,865	20,881	14,117	8,080	1,536
Accounts Payable	689.3	1,588	1,434	1,137	664.63	200.81
Accrued Expenses	73.17	66.12	64.53	41.81	28.2	5.22
Short-Term Debt	3,048	2,119	1,588	1,187	1,537	295.82
Current Portion of Long-Term Debt	2,398	1,478	933.34	225.31	160.09	71.28
Current Portion of Leases	98.23	106.98	17.74	56.08	40	29.41
Current Income Taxes Payable	-	-	3.06	19.41	0.01	0.05
Current Unearned Revenue	206.06	132.12	119.12	89.52	255.19	31.04
Other Current Liabilities	200.6	130.37	160.5	163.21	91.08	8.45
Total Current Liabilities	6,713	5,620	4,320	2,919	2,776	642.08
Long-Term Debt	2,360	3,373	1,728	254.45	235.24	117.18
Long-Term Leases	252.58	272.81	-	6.66	10.64	25.53
Pension & Post-Retirement Benefits	70.15	58.46	56.49	28.64	17.1	-
Long-Term Deferred Tax Liabilities	457.36	94.4	-	165.63	350.27	13.49
Other Long-Term Liabilities	-	-	-	-	-	6.39
Total Liabilities	9,853	9,419	6,105	3,375	3,389	804.68
Common Stock	4,500	4,500	1,472	1,472	490.77	272.65
Additional Paid-In Capital	161.66	146.91	3.45	2.63	1.82	0.12
Retained Earnings	5,588	4,958	3,524	1,911	1,567	284.78
Treasury Stock	-	-	-287.51	-	-	-
Comprehensive Income & Other	9,073	7,841	10,064	7,356	2,631	173.9
Shareholders' Equity	19,323	17,446	14,776	10,742	4,691	731.45
Total Liabilities & Equity	29,176	26,865	20,881	14,117	8,080	1,536
Total Debt	8,156	7,350	4,267	1,729	1,983	539.22
Net Cash (Debt)	-6,085	-5,885	-3,441	-1,127	-1,575	-523.67
Net Cash Per Share	-	-1.31	-0.76	-0.25	-0.35	-0.12
Filing Date Shares Outstanding	-	4,500	4,500	4,500	4,500	4,500
Total Common Shares Outstanding	-	4,500	4,500	4,500	4,500	4,500
Working Capital	5,151	5,294	4,089	3,248	2,660	248.72
Book Value Per Share	-	3.88	3.28	2.39	1.04	0.16
Tangible Book Value	19,321	17,444	14,775	10,741	4,689	731.3
Tangible Book Value Per Share	-	3.88	3.28	2.39	1.04	0.16
Land	-	2,181	2,419	1,848	283.76	75.58
Buildings	-	6,818	3,101	2,366	895.4	180.95
Machinery	-	8,347	4,916	2,430	1,232	182.65
Construction In Progress	-	343.25	3,040	1,279	107.39	18

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