IST:ULUUN 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
Cash & Equivalents	5,929	4,433	2,578	2,504	498.9
Short-Term Investments	5,439	118.11	120.01	52.79	32.57
Trading Asset Securities	-	-	-	303.78	225.37
Cash & Short-Term Investments	11,367	4,551	2,698	2,861	756.85
Cash Growth	149.76%	68.68%	-5.68%	277.97%	105.54%
Accounts Receivable	11,418	7,796	9,664	4,886	1,153
Other Receivables	406.27	111.03	96.16	94.81	4.58
Receivables	11,825	7,907	9,760	4,981	1,158
Inventory	2,864	2,275	2,960	2,117	860.13
Prepaid Expenses	1,274	69.1	51.96	185.87	10.25
Other Current Assets	1,279	4,881	3,469	2,039	217.86
Total Current Assets	28,610	19,683	18,939	12,183	3,003
Property, Plant & Equipment	13,115	9,320	7,756	4,011	596.54
Long-Term Investments	400.29	306.74	300.05	12.62	5.32
Goodwill	-	448.25	448.25	310.04	-
Other Intangible Assets	2,738	1,716	1,765	1,276	3.59
Long-Term Accounts Receivable	-	120.35	14.72	16.8	10.2
Long-Term Deferred Tax Assets	-	-	-	-	51.47
Other Long-Term Assets	32.33	81.86	413.63	109.46	24.86
Total Assets	44,896	31,676	29,637	17,918	3,695
Accounts Payable	19,381	10,903	9,507	5,104	1,139
Accrued Expenses	58.6	264.86	320.66	520.29	33.66
Short-Term Debt	2,374	5,201	4,260	2,670	1,051
Current Portion of Long-Term Debt	504.7	795.56	1,411	1,263	256.43
Current Portion of Leases	-	20.53	3.24	10.27	10.13
Current Unearned Revenue	238.17	199.46	272.61	168.52	74.23
Other Current Liabilities	184.42	43.99	8.24	132.09	0.61
Total Current Liabilities	22,741	17,429	15,783	9,868	2,566
Long-Term Debt	5,083	1,020	1,932	1,380	278.17
Long-Term Leases	-	7.91	2.76	4.54	4.08
Pension & Post-Retirement Benefits	-	86.96	52.08	40.38	3.66
Long-Term Deferred Tax Liabilities	1,970	1,449	1,412	647.54	114.96
Other Long-Term Liabilities	136.19	356.71	246.11	-	-
Total Liabilities	29,930	20,350	19,428	11,940	2,967
Common Stock	750	750	190.97	190.97	190.97
Additional Paid-In Capital	1,319	1,008	1,047	114.31	15.27
Retained Earnings	5,311	4,139	3,909	3,676	241.07
Treasury Stock	-488.38	-373.11	-373.11	-167.43	-26.77
Comprehensive Income & Other	6,820	4,824	4,819	2,165	307.65
Total Common Equity	13,712	10,348	9,593	5,979	728.2
Minority Interest	1,254	978.42	616.08	-	-
Shareholders' Equity	14,966	11,326	10,210	5,979	728.2
Total Liabilities & Equity	44,896	31,676	29,637	17,918	3,695
Total Debt	7,962	7,045	7,609	5,327	1,600
Net Cash (Debt)	3,406	-2,494	-4,911	-2,467	-843.26
Net Cash Per Share	-	-3.33	-6.97	-3.45	-1.13
Filing Date Shares Outstanding	-	750	750	750	750
Total Common Shares Outstanding	-	750	750	750	750
Working Capital	5,869	2,254	3,157	2,315	437.09
Book Value Per Share	-	13.80	12.79	7.97	0.97
Tangible Book Value	10,974	8,184	7,380	4,393	724.61
Tangible Book Value Per Share	-	10.91	9.84	5.86	0.97
Land	-	2,416	1,717	916.72	102.46
Buildings	-	2,172	1,801	828.31	117.73
Machinery	-	4,437	4,059	2,034	338.75
Construction In Progress	-	396.29	370.7	171.37	37.32
Leasehold Improvements	-	48.72	41.06	18.3	5.7

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