Türkiye Petrol Rafinerileri A.S. (IST:TUPRS)

IST:TUPRS Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	255,498	107,237	96,251	140,512	78,490	21,176
Short-Term Investments	0.07	0.04	0.03	1,013	-	-
Trading Asset Securities	28.63	165.36	70.9	85.76	3,730	1,351
Cash & Short-Term Investments	255,527	107,403	96,322	141,611	82,219	22,527
Cash Growth	118.12%	11.50%	-31.98%	72.24%	264.98%	11.61%
Accounts Receivable	127,700	52,753	48,524	58,734	35,765	13,797
Other Receivables	5,302	1,737	1,406	5,001	4,552	102.1
Receivables	133,002	54,490	49,930	63,735	40,317	13,899
Inventory	106,163	62,908	79,887	64,633	59,591	23,818
Prepaid Expenses	3,434	1,894	1,527	1,253	679.7	161.99
Other Current Assets	19,859	10,237	15,259	19,186	14,702	6,110
Total Current Assets	517,985	236,931	242,924	290,418	197,510	66,515
Property, Plant & Equipment	379,340	297,272	297,203	194,236	129,259	28,502
Long-Term Investments	22,864	18,479	17,990	12,532	7,795	2,200
Goodwill	5.05	4.06	4.06	3.11	2.05	0.6
Other Intangible Assets	11,061	9,542	7,438	5,834	2,675	530.33
Long-Term Deferred Tax Assets	858.43	1,096	1,164	9,336	706.49	6,436
Long-Term Deferred Charges	564.17	584	529.16	306.35	131.72	31.85
Other Long-Term Assets	39,406	28,066	27,165	16,908	9,621	2,041
Total Assets	972,083	591,974	594,417	529,573	347,700	106,257

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	255,540	105,513	135,971	141,428	86,839	43,837
Accrued Expenses	19,672	17,733	17,307	13,406	8,058	1,781
Short-Term Debt	5,197	8,957	4,934	3,404	1,423	631.95
Current Portion of Long-Term Debt	5,292	12,957	6,975	39,814	18,263	11,171
Current Portion of Leases	180.51	106.67	164.42	125.08	92.25	36.03
Current Income Taxes Payable	19,105	31.5	1,067	1,954	1,574	69.76
Current Unearned Revenue	1,129	574.21	492.2	225.56	191.55	32.32
Other Current Liabilities	69,214	23,875	27,816	23,822	13,564	7,270
Total Current Liabilities	375,329	169,748	194,726	224,179	130,004	64,829
Long-Term Debt	40,574	28,359	12,979	7,785	35,098	21,407
Long-Term Leases	613.72	500.52	610.3	628.33	447.67	231.18
Long-Term Unearned Revenue	-	-	50	19.87	5.27	9.99
Pension & Post-Retirement Benefits	2,959	2,413	2,179	2,995	1,961	455
Long-Term Deferred Tax Liabilities	21,028	20,464	9,179	945.84	770.9	155.21
Other Long-Term Liabilities	753.75	660.67	17.36	16.84	1.18	88.7
Total Liabilities	441,257	222,146	219,741	236,569	168,288	87,176

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,927	1,927	1,927	1,927	275.26	275.26
Additional Paid-In Capital	-	-	-	-	-	1,001
Retained Earnings	431,820	279,769	285,091	248,255	153,057	8,007
Comprehensive Income & Other	89,142	82,404	82,380	39,678	24,552	9,526
Total Common Equity	522,889	364,099	369,397	289,860	177,884	18,809
Minority Interest	7,937	5,729	5,278	3,144	1,528	272.04
Shareholders' Equity	530,826	369,828	374,675	293,004	179,413	19,081
Total Liabilities & Equity	972,083	591,974	594,417	529,573	347,700	106,257

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	51,857	50,881	25,663	51,756	55,323	33,478
Net Cash (Debt)	203,670	56,522	70,659	89,855	26,896	-10,950
Net Cash Growth	176.08%	-20.01%	-21.36%	234.08%	-	-
Net Cash Per Share	105.70	29.33	36.67	46.63	18.43	-5.68
Filing Date Shares Outstanding	1,927	1,927	1,927	1,927	1,927	1,753
Total Common Shares Outstanding	1,927	1,927	1,927	1,927	1,927	1,753
Working Capital	142,656	67,183	48,198	66,239	67,506	1,687
Book Value Per Share	271.38	188.97	191.72	150.44	92.32	10.73
Tangible Book Value	511,823	354,553	361,955	284,023	175,207	18,278
Tangible Book Value Per Share	265.63	184.01	187.85	147.41	90.93	10.43
Land	107,165	86,264	88,574	37,322	25,540	12,258
Buildings	26,404	19,321	18,489	13,668	9,182	1,055
Machinery	417,305	329,268	321,305	239,583	159,026	18,333
Construction In Progress	37,670	-	-	12,445	6,807	1,150
Leasehold Improvements	-	437.63	510.78	-	228.77	63.85

Data Source: S&P Global Market Intelligence Last updated: Nov 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

Data Sources Report a data error