Ulusal Faktoring A.S. (IST:ULUFA)

Ulusal Faktoring 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	424.69	124.05	45.92	24.93	23.72	11.43
Short-Term Investments	-	4.48	2.14	-	-	-
Cash & Short-Term Investments	424.69	128.53	48.06	24.93	23.72	11.43
Cash Growth	680.87%	167.46%	92.76%	5.12%	107.52%	266.55%
Accounts Receivable	11,996	10,421	4,744	2,708	1,502	1,063
Other Receivables	3.14	0.9	0.58	0.33	0.42	0.4
Receivables	11,999	10,422	4,745	2,708	1,502	1,064
Prepaid Expenses	522.48	424.54	161.29	57.6	34.57	19.85
Other Current Assets	65.63	52.35	5.7	1.72	3.35	5.52
Total Current Assets	13,012	11,027	4,960	2,792	1,564	1,101
Property, Plant & Equipment	189.46	179.1	54.15	20.51	20.38	18
Other Intangible Assets	14.64	8.42	2.23	2.6	0.8	0.31
Long-Term Deferred Tax Assets	354.07	330.24	151.87	56.27	27.51	16.42
Other Long-Term Assets	4.82	0.14	0.16	0.49	0.36	0.96
Total Assets	13,575	11,545	5,169	2,872	1,613	1,136
Accrued Expenses	79.23	74.74	32.31	10.79	6.08	4.19
Short-Term Debt	11,308	412.92	393.11	341.23	35.12	33.86
Current Portion of Long-Term Debt	-	9,057	3,636	2,096	1,271	909.64
Current Portion of Leases	84.63	89.1	28.16	1.03	1.38	0.69
Current Income Taxes Payable	199.02	139.24	102.82	24.37	7.97	3.24
Other Current Liabilities	12.98	8.73	3.59	1.44	0.82	0.56
Total Current Liabilities	11,684	9,781	4,196	2,475	1,323	952.18
Long-Term Leases	1.33	-6.5	5.04	2.73	3.04	2.27
Long-Term Unearned Revenue	76.78	68.62	101.54	19.78	17.86	12.42
Other Long-Term Liabilities	37.81	38.52	9.98	5.45	1.38	0.87
Total Liabilities	11,815	9,896	4,320	2,510	1,348	970.26
Common Stock	133.5	133.5	133.5	133.5	133.5	100
Additional Paid-In Capital	43.13	43.13	43.13	43.13	43.13	-
Retained Earnings	1,585	1,474	671.94	186.17	89.48	67.47
Comprehensive Income & Other	-1.95	-1.95	-0.24	-0.24	-1.3	-1.36
Shareholders' Equity	1,760	1,649	848.33	362.56	264.81	166.11
Total Liabilities & Equity	13,575	11,545	5,169	2,872	1,613	1,136
Total Debt	11,394	9,552	4,063	2,441	1,311	946.46
Net Cash (Debt)	-10,970	-9,424	-4,014	-2,416	-1,287	-935.03
Net Cash Per Share	-20.31	-17.45	-7.43	-4.47	-3.04	-2.31
Filing Date Shares Outstanding	540	540	540	540	540	404.49
Total Common Shares Outstanding	540	540	540	540	540	404.49
Working Capital	1,328	1,246	763.92	317.47	241.08	148.51
Book Value Per Share	3.26	3.05	1.57	0.67	0.49	0.41
Tangible Book Value	1,745	1,641	846.11	359.97	264	165.8
Tangible Book Value Per Share	3.23	3.04	1.57	0.67	0.49	0.41
Land	-	-	-	-	2.51	3.38
Buildings	-	85.76	32.42	12.44	12.16	12.16
Machinery	-	6.55	0.75	12.59	10.2	5.69
Leasehold Improvements	-	36.86	7.39	4.89	2.89	2.25

Source: S&P Global Market Intelligence. Standard template. Financial Sources.