IST:TUREX Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	304.28	330.51	210.65	89.97	57.35
Short-Term Investments	255.09	57.82	-	5.54	1.13
Cash & Short-Term Investments	559.37	388.33	210.65	95.51	58.48
Cash Growth	44.05%	84.35%	120.56%	63.32%	131.22%
Accounts Receivable	1,919	1,415	732.86	417.1	98.96
Other Receivables	0.27	3.08	6.96	0.63	10.57
Receivables	1,919	1,418	739.82	417.73	109.53
Inventory	148.07	119.33	21.9	43.56	10.18
Prepaid Expenses	83.67	80.19	32.15	29.85	3.36
Other Current Assets	13.77	32.28	59.02	7.17	13.34
Total Current Assets	2,724	2,038	1,064	593.82	194.88
Property, Plant & Equipment	6,885	6,799	5,222	1,660	330.34
Long-Term Investments	1.74	0.23	1.21	-	-
Other Intangible Assets	930.03	788.92	1,126	-	0
Other Long-Term Assets	387.59	318.66	108.53	52.99	18.65
Total Assets	10,928	9,945	7,522	2,307	543.86
Accounts Payable	958.37	793.37	389.17	277.94	48.2
Accrued Expenses	147.21	99.08	74.53	35.99	11
Short-Term Debt	54.1	17.2	15.91	56.4	-
Current Portion of Long-Term Debt	314.44	607.1	349.75	107.62	40.89
Current Portion of Leases	62.37	27.62	6.25	5.66	0.62
Current Income Taxes Payable	112.9	86.41	11.95	24.99	4.6
Current Unearned Revenue	80.24	26.34	0.64	29.06	0.83
Other Current Liabilities	98.33	65.31	37.25	17.32	8.77
Total Current Liabilities	1,828	1,722	885.46	554.99	114.92
Long-Term Debt	45.65	244.38	169.8	39.04	25.3
Long-Term Leases	47.39	1.27	2.73	3.04	0.16
Pension & Post-Retirement Benefits	56.06	46.79	39.77	22.6	6.38
Long-Term Deferred Tax Liabilities	1,565	1,317	1,131	208.09	25.73
Other Long-Term Liabilities	2.15	8.08	3.82	2.74	1.02
Total Liabilities	3,545	3,340	2,232	830.5	173.5
Common Stock	1,080	108	108	108	108
Additional Paid-In Capital	242.44	574.99	439.28	304.26	85.67
Retained Earnings	2,558	1,973	1,290	426.5	169.58
Treasury Stock	-	-32.11	-24.53	-16.99	-5
Comprehensive Income & Other	3,490	3,984	3,475	654.03	11.46
Total Common Equity	7,371	6,607	5,288	1,476	369.7
Minority Interest	11.79	-2.62	1.43	0.76	0.66
Shareholders' Equity	7,383	6,605	5,289	1,477	370.36
Total Liabilities & Equity	10,928	9,945	7,522	2,307	543.86
Total Debt	523.94	897.57	544.45	211.76	66.97
Net Cash (Debt)	35.43	-509.24	-333.8	-116.25	-8.49
Net Cash Per Share	0.04	-0.47	-0.31	-0.11	-0.01
Filing Date Shares Outstanding	1,080	1,075	1,075	1,075	1,075
Total Common Shares Outstanding	1,080	1,075	1,075	1,075	1,075
Working Capital	895.73	315.41	178.08	38.83	79.96
Book Value Per Share	6.83	6.15	4.92	1.37	0.34
Tangible Book Value	6,441	5,818	4,162	1,476	369.7
Tangible Book Value Per Share	5.96	5.41	3.87	1.37	0.34
Land	192.31	108.82	-	41.32	43.35
Buildings	1,663	1,082	703.61	93.16	20.02
Machinery	8,109	7,504	6,202	1,740	340.14
Construction In Progress	-	490.93	131.71	346.63	8.21
Leasehold Improvements	9.86	7.68	7.01	4.81	0.5

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.