IST:ULUUN Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3,088	4,433	2,578	2,504	498.9	327.85
Short-Term Investments	89.03	118.11	120.01	52.79	32.57	29.71
Trading Asset Securities	-	-	-	303.78	225.37	10.67
Cash & Short-Term Investments	3,177	4,551	2,698	2,861	756.85	368.23
Cash Growth	-31.92%	68.68%	-5.68%	277.97%	105.54%	139.62%
Accounts Receivable	14,157	7,796	9,664	4,886	1,153	430.51
Other Receivables	131.47	111.03	96.16	94.81	4.58	14.58
Receivables	14,289	7,907	9,760	4,981	1,158	445.09
Inventory	2,393	2,275	2,960	2,117	860.13	459.11
Prepaid Expenses	414.49	69.1	51.96	185.87	10.25	2.99
Other Current Assets	6,276	4,881	3,469	2,039	217.86	63.68
Total Current Assets	26,549	19,683	18,939	12,183	3,003	1,339
Property, Plant & Equipment	12,294	9,320	7,756	4,011	596.54	287.99
Long-Term Investments	425.78	306.74	300.05	12.62	5.32	4.94
Goodwill	562.24	448.25	448.25	310.04	-	-
Other Intangible Assets	2,084	1,716	1,765	1,276	3.59	1.36
Long-Term Accounts Receivable	-	120.35	14.72	16.8	10.2	10.2
Long-Term Deferred Tax Assets	-	-	-	-	51.47	13.57
Other Long-Term Assets	63.8	81.86	413.63	109.46	24.86	16.19
Total Assets	41,979	31,676	29,637	17,918	3,695	1,673
Accounts Payable	19,657	10,903	9,507	5,104	1,139	392.01
Accrued Expenses	308.32	264.86	320.66	520.29	33.66	25.21
Short-Term Debt	3,796	5,201	4,260	2,670	1,051	340.13
Current Portion of Long-Term Debt	722.78	795.56	1,411	1,263	256.43	181.93
Current Portion of Leases	14.42	20.53	3.24	10.27	10.13	4.06
Current Income Taxes Payable	-	-	-	-	-	0.06
Current Unearned Revenue	176.06	199.46	272.61	168.52	74.23	20.91
Other Current Liabilities	32.1	43.99	8.24	132.09	0.61	9.11
Total Current Liabilities	24,706	17,429	15,783	9,868	2,566	973.42
Long-Term Debt	1,042	1,020	1,932	1,380	278.17	286.4
Long-Term Leases	4.14	7.91	2.76	4.54	4.08	6.76
Pension & Post-Retirement Benefits	110.14	86.96	52.08	40.38	3.66	2.56
Long-Term Deferred Tax Liabilities	1,978	1,449	1,412	647.54	114.96	19.69
Other Long-Term Liabilities	-	356.71	246.11	-	-	-
Total Liabilities	27,841	20,350	19,428	11,940	2,967	1,289
Common Stock	750	750	190.97	190.97	190.97	84.5
Additional Paid-In Capital	1,264	1,008	1,047	114.31	15.27	57.19
Retained Earnings	4,910	4,139	3,909	3,676	241.07	166.02
Treasury Stock	-468	-373.11	-373.11	-167.43	-26.77	-
Comprehensive Income & Other	6,457	4,824	4,819	2,165	307.65	76.8
Total Common Equity	12,913	10,348	9,593	5,979	728.2	384.51
Minority Interest	1,225	978.42	616.08	-	-	-
Shareholders' Equity	14,139	11,326	10,210	5,979	728.2	384.51
Total Liabilities & Equity	41,979	31,676	29,637	17,918	3,695	1,673
Total Debt	5,579	7,045	7,609	5,327	1,600	819.28
Net Cash (Debt)	-2,402	-2,494	-4,911	-2,467	-843.26	-451.05
Net Cash Per Share	-3.20	-3.33	-6.97	-3.45	-1.13	-0.60
Filing Date Shares Outstanding	749.81	750	750	750	750	750
Total Common Shares Outstanding	749.81	750	750	750	750	750
Working Capital	1,843	2,254	3,157	2,315	437.09	365.68
Book Value Per Share	17.22	13.80	12.79	7.97	0.97	0.51
Tangible Book Value	10,267	8,184	7,380	4,393	724.61	383.15
Tangible Book Value Per Share	13.69	10.91	9.84	5.86	0.97	0.51
Land	3,023	2,416	1,717	916.72	102.46	23.14
Buildings	2,836	2,172	1,801	828.31	117.73	84.3
Machinery	6,307	4,437	4,059	2,034	338.75	202.03
Construction In Progress	806.17	396.29	370.7	171.37	37.32	3.26
Leasehold Improvements	62.32	48.72	41.06	18.3	5.7	0.08

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.