Türkiye Sigorta A.S. 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
Investments in Equity & Preferred Securities	10,049	6,005	4,234	2,324	1,401
Other Investments	54,431	15,107	11,332	3,289	883.06
Total Investments	96,964	40,658	26,399	11,037	3,626
Cash & Equivalents	8,859	19,584	27,522	7,790	5,589
Reinsurance Recoverable	1,238	1,950	1,624	584.7	311.53
Other Receivables	31,809	17,785	9,712	3,961	3,081
Property, Plant & Equipment	2,092	1,477	1,228	608.49	352.9
Other Intangible Assets	286.53	192.27	66.25	38.66	27.63
Restricted Cash	2,304	5,644	4,025	1,244	514.41
Other Current Assets	11,100	8,011	5,383	1,958	841.04
Long-Term Deferred Tax Assets	-	-	331.07	300.84	37.98
Other Long-Term Assets	5.45	5.61	5.86	6.05	6.01
Total Assets	154,658	95,308	76,297	27,529	14,387
Accounts Payable	623.72	230.95	231.27	83.43	29.47
Accrued Expenses	2,250	1,320	1,284	624.82	273.56
Insurance & Annuity Liabilities	2,365	2,038	2,196	1,486	367.99
Unpaid Claims	24,704	20,664	12,592	5,899	3,737
Unearned Premiums	45,606	30,653	22,546	8,416	3,256
Reinsurance Payable	12,673	8,205	3,973	2,975	2,187
Current Portion of Leases	67.96	17.83	29.79	11.62	0.16
Current Income Taxes Payable	3,031	1,554	280.81	55.45	128.45
Long-Term Leases	78.6	12.04	26.63	17.47	13.22
Long-Term Deferred Tax Liabilities	207.83	155.83	-	-	-
Other Current Liabilities	13,094	2,530	18,539	2,000	65.63
Other Long-Term Liabilities	88.07	67.76	56.62	36.78	26.81
Total Liabilities	105,012	67,643	61,902	21,778	10,131
Common Stock	10,000	5,000	1,162	1,162	1,162
Additional Paid-In Capital	692.31	678.17	671.1	7.02	7.02
Retained Earnings	28,627	16,089	8,138	2,105	1,671
Comprehensive Income & Other	10,326	5,898	4,424	2,477	1,417
Shareholders' Equity	49,646	27,665	14,395	5,751	4,256
Total Liabilities & Equity	154,658	95,308	76,297	27,529	14,387
Filing Date Shares Outstanding	10,000	10,000	10,000	10,000	10,000
Total Common Shares Outstanding	10,000	10,000	10,000	10,000	10,000
Total Debt	146.56	29.87	56.42	29.09	13.38
Net Cash (Debt)	8,712	19,554	27,466	7,761	5,576
Net Cash Growth	-55.45%	-28.80%	253.91%	39.18%	0.72%
Net Cash Per Share	0.87	1.96	2.75	0.78	0.56
Book Value Per Share	4.96	2.77	1.44	0.58	0.43
Tangible Book Value	49,359	27,473	14,329	5,712	4,229
Tangible Book Value Per Share	4.94	2.75	1.43	0.57	0.42
Buildings	1,629	1,197	980	475	285
Machinery	322.82	232.76	183.75	121.88	78.25

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