IST:TUREX 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	450.46	304.28	330.51	210.65	89.97	57.35
Short-Term Investments	199.83	255.09	57.82	-	5.54	1.13
Cash & Short-Term Investments	650.29	559.37	388.33	210.65	95.51	58.48
Cash Growth	221.20%	44.05%	84.35%	120.56%	63.32%	131.22%
Accounts Receivable	2,213	1,919	1,415	732.86	417.1	98.96
Other Receivables	1.43	0.27	3.08	6.96	0.63	10.57
Receivables	2,215	1,919	1,418	739.82	417.73	109.53
Inventory	169.14	148.07	119.33	21.9	43.56	10.18
Prepaid Expenses	134.25	83.67	80.19	32.15	29.85	3.36
Other Current Assets	14.97	13.77	32.28	59.02	7.17	13.34
Total Current Assets	3,183	2,724	2,038	1,064	593.82	194.88
Property, Plant & Equipment	7,851	6,885	6,799	5,222	1,660	330.34
Long-Term Investments	2.37	1.74	0.23	1.21	-	-
Other Intangible Assets	1,035	930.03	788.92	1,126	-	0
Other Long-Term Assets	416.9	387.59	318.66	108.53	52.99	18.65
Total Assets	12,488	10,928	9,945	7,522	2,307	543.86
Accounts Payable	1,065	958.37	793.37	389.17	277.94	48.2
Accrued Expenses	131.43	147.21	99.08	74.53	35.99	11
Short-Term Debt	88.49	54.1	17.2	15.91	56.4	-
Current Portion of Long-Term Debt	308.52	314.44	607.1	349.75	107.62	40.89
Current Portion of Leases	65.2	62.37	27.62	6.25	5.66	0.62
Current Income Taxes Payable	13.66	112.9	86.41	11.95	24.99	4.6
Current Unearned Revenue	304.9	80.24	26.34	0.64	29.06	0.83
Other Current Liabilities	105.7	98.33	65.31	37.25	17.32	8.77
Total Current Liabilities	2,083	1,828	1,722	885.46	554.99	114.92
Long-Term Debt	230.8	45.65	244.38	169.8	39.04	25.3
Long-Term Leases	32.11	47.39	1.27	2.73	3.04	0.16
Pension & Post-Retirement Benefits	73.58	56.06	46.79	39.77	22.6	6.38
Long-Term Deferred Tax Liabilities	1,877	1,565	1,317	1,131	208.09	25.73
Other Long-Term Liabilities	3.89	2.15	8.08	3.82	2.74	1.02
Total Liabilities	4,301	3,545	3,340	2,232	830.5	173.5
Common Stock	1,080	1,080	108	108	108	108
Additional Paid-In Capital	266.78	242.44	574.99	439.28	304.26	85.67
Retained Earnings	2,879	2,558	1,973	1,290	426.5	169.58
Treasury Stock	-	-	-32.11	-24.53	-16.99	-5
Comprehensive Income & Other	3,949	3,490	3,984	3,475	654.03	11.46
Total Common Equity	8,175	7,371	6,607	5,288	1,476	369.7
Minority Interest	11.79	11.79	-2.62	1.43	0.76	0.66
Shareholders' Equity	8,187	7,383	6,605	5,289	1,477	370.36
Total Liabilities & Equity	12,488	10,928	9,945	7,522	2,307	543.86
Total Debt	725.12	523.94	897.57	544.45	211.76	66.97
Net Cash (Debt)	-74.83	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	1,100	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	7,140	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