IST:VAKBN 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	691,480	752,635	376,302	148,430	115,071	56,673
Investment Securities	1,116,077	928,379	606,228	347,429	213,532	105,338
Trading Asset Securities	58,093	29,059	64,286	34,735	23,455	9,199
Total Investments	1,174,170	957,437	670,514	382,164	236,987	114,538
Gross Loans	2,824,532	2,105,611	1,568,917	975,915	609,485	450,452
Allowance for Loan Losses	-95,817	-69,820	-62,723	-42,460	-26,595	-22,145
Other Adjustments to Gross Loans	-15,569	-9,356	-7,137	-2,598	-729.98	-577.25
Net Loans	2,713,146	2,026,434	1,499,057	930,857	582,160	427,729
Property, Plant & Equipment	46,915	40,191	26,575	11,683	4,141	4,896
Goodwill	2.45	3.29	9.74	14.63	14.63	14.63
Other Intangible Assets	1,719	1,346	910.93	455.25	284.77	259.49
Investments in Real Estate	21,685	18,804	8,871	3,444	972.15	502.14
Other Receivables	3,851	884.33	6.14	-	-	-
Restricted Cash	327,414	216,935	143,705	161,389	57,631	39,830
Other Current Assets	4,403	1,076	262.73	410.98	755.25	8,256
Long-Term Deferred Tax Assets	7,268	4,899	11,125	3,061	72.77	1,235
Other Long-Term Assets	113,099	72,931	121,908	67,259	30,812	58,157
Total Assets	5,105,151	4,093,575	2,859,246	1,709,169	1,028,901	712,091
Interest Bearing Deposits	2,795,944	2,342,352	1,828,965	1,033,297	546,664	384,284
Non-Interest Bearing Deposits	366,530	217,358	150,501	98,801	49,146	33,238
Total Deposits	3,162,474	2,559,711	1,979,466	1,132,098	595,810	417,522
Short-Term Borrowings	52,808	56,579	39,139	25,492	19,688	19,696
Current Portion of Long-Term Debt	544,443	517,488	-	-	-	-
Current Portion of Leases	144.66	138.7	2,844	370.32	46.36	23.61
Current Income Taxes Payable	18,595	11,014	12,097	5,410	1,100	954.81
Long-Term Debt	805,385	536,077	499,857	352,797	324,469	205,003
Long-Term Leases	7,199	5,293	28.75	654.4	912.23	955.13
Pension & Post-Retirement Benefits	12,867	10,810	7,223	3,768	1,783	1,561
Long-Term Deferred Tax Liabilities	2,162	2,166	118.17	56.4	14.72	57.63
Other Long-Term Liabilities	211,775	158,100	137,599	79,860	30,876	19,166
Total Liabilities	4,817,853	3,857,377	2,678,371	1,600,506	974,701	664,938
Common Stock	9,916	9,916	9,916	7,111	3,906	3,906
Additional Paid-In Capital	45,602	45,602	45,590	16,470	6,303	6,303
Retained Earnings	193,731	145,808	97,317	64,792	38,365	33,251
Comprehensive Income & Other	25,826	24,776	22,445	17,407	4,411	2,946
Total Common Equity	275,075	226,102	175,268	105,780	52,985	46,405
Minority Interest	12,223	10,097	5,608	2,883	1,215	746.94
Shareholders' Equity	287,298	236,199	180,876	108,662	54,200	47,152
Total Liabilities & Equity	5,105,151	4,093,575	2,859,246	1,709,169	1,028,901	712,091
Total Debt	1,409,980	1,115,576	541,868	379,314	345,116	225,677
Net Cash (Debt)	-428,510	-18,039	-29,333	-106,361	-117,164	-134,060
Net Cash Per Share	-44.80	-1.97	-3.26	-16.90	-30.99	-40.16
Filing Date Shares Outstanding	9,916	9,916	9,916	7,111	3,906	3,906
Total Common Shares Outstanding	9,916	9,916	9,916	7,111	3,906	3,906
Book Value Per Share	27.74	22.80	17.68	14.87	13.57	11.88
Tangible Book Value	273,354	224,752	174,347	105,310	52,686	46,131
Tangible Book Value Per Share	27.57	22.67	17.58	14.81	13.49	11.81

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