Ülker Bisküvi Sanayi A.S. (IST:ULKER)

Ülker Bisküvi Sanayi A.S. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	23,937	26,308	16,831	15,249	9,397	7,422
Short-Term Investments	5.77	-	-	-	-	-
Trading Asset Securities	-	5.44	18.9	367.93	24.1	90.83
Cash & Short-Term Investments	23,943	26,314	16,849	15,617	9,421	7,512
Cash Growth	89.02%	56.17%	7.89%	65.77%	25.41%	37.99%
Accounts Receivable	27,379	21,900	17,422	12,174	4,688	3,092
Other Receivables	3,044	2,739	3,311	2,531	746.83	2,199
Receivables	30,423	24,639	20,733	14,704	5,435	5,291
Inventory	19,099	11,831	12,115	8,516	3,218	1,696
Prepaid Expenses	962.3	230.94	142.14	130.87	368.88	-
Other Current Assets	2,858	2,096	3,562	2,804	321.89	201.52
Total Current Assets	77,285	65,110	53,402	41,773	18,765	14,701
Property, Plant & Equipment	25,200	23,257	23,497	14,703	3,641	2,847
Long-Term Investments	5,278	4,906	5,789	4,428	1,878	978.11
Goodwill	2,435	2,206	2,697	1,849	896.54	496.2
Other Intangible Assets	1,827	1,696	2,050	1,480	651.3	363.78
Long-Term Deferred Tax Assets	110.49	154.06	1,168	1,704	327.84	30.47
Other Long-Term Assets	144.9	107.13	319.76	212.4	83.63	75.18
Total Assets	112,280	97,437	88,922	66,149	26,244	19,492
Accounts Payable	9,861	10,268	11,023	6,857	2,270	1,275
Accrued Expenses	1,524	2,086	2,050	1,147	417.23	288.82
Short-Term Debt	7,796	4,204	1,646	1,524	759.91	11.41
Current Portion of Long-Term Debt	-	11,069	6,236	17,249	2,079	1,118
Current Portion of Leases	-	1.4	1.76	12.98	24.35	19.11
Current Income Taxes Payable	423.46	266.27	725.14	431.63	301.54	85.89
Current Unearned Revenue	59.29	100.95	116.77	135.54	83.75	77.38
Other Current Liabilities	14,318	448.77	503.15	468.46	198.24	354.77
Total Current Liabilities	33,983	28,444	22,303	27,826	6,134	3,231
Long-Term Debt	35,522	32,735	36,241	20,344	15,307	9,028
Long-Term Leases	-	-	2.02	4.41	7	30.72
Long-Term Deferred Tax Liabilities	1,796	1,105	296.15	1,074	134.9	157.85
Total Liabilities	73,103	63,961	60,333	50,506	21,930	12,675
Common Stock	369.28	369.28	369.28	342	342	342
Additional Paid-In Capital	5,300	4,815	4,815	-	-	-
Retained Earnings	24,344	19,926	31,946	18,626	4,078	4,754
Comprehensive Income & Other	6,638	6,173	-11,183	-6,932	-1,433	940.62
Total Common Equity	36,651	31,283	25,947	12,036	2,987	6,037
Minority Interest	2,526	2,193	2,643	3,607	1,327	779.91
Shareholders' Equity	39,177	33,476	28,590	15,643	4,314	6,817
Total Liabilities & Equity	112,280	97,437	88,922	66,149	26,244	19,492
Total Debt	43,318	48,009	44,127	39,135	18,177	10,207
Net Cash (Debt)	-19,375	-21,696	-27,277	-23,517	-8,756	-2,694
Net Cash Per Share	-	-58.75	-73.87	-63.68	-25.60	-7.88
Filing Date Shares Outstanding	-	369.28	369.28	342	342	342
Total Common Shares Outstanding	-	369.28	369.28	342	342	342
Working Capital	43,302	36,666	31,099	13,947	12,631	11,470
Book Value Per Share	-	84.71	70.26	35.19	8.73	17.65
Tangible Book Value	32,389	27,380	21,200	8,707	1,439	5,177
Tangible Book Value Per Share	-	74.15	57.41	25.46	4.21	15.14
Land	-	8,072	8,037	4,589	836.11	857.54
Buildings	-	14,195	12,363	5,499	1,450	1,228
Machinery	-	28,686	28,871	19,427	4,043	2,828
Construction In Progress	-	920.67	793.05	371.56	179.15	67.04
Leasehold Improvements	-	525.46	508.36	351.3	54.22	54.17

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.