Vakif Faktoring A.S. 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	197.39	306.83	510.52	174.99	95.32	79.19
Trading Asset Securities	-	-	-	-	-	2.01
Cash & Short-Term Investments	197.39	306.83	510.52	174.99	95.32	81.21
Cash Growth	-	-39.90%	191.74%	83.58%	17.38%	1596.76%
Accounts Receivable	29,833	32,424	37,455	22,611	7,007	5,689
Other Receivables	19.96	43.06	141.47	40.31	6.2	0.15
Receivables	29,853	32,467	37,597	22,652	7,013	5,690
Prepaid Expenses	21.75	23.2	49.71	142.03	4.36	1.73
Other Current Assets	0.22	0.22	26.39	0.22	1.95	5.74
Total Current Assets	30,072	32,797	38,183	22,969	7,115	5,778
Property, Plant & Equipment	13.52	19.31	8.28	4.03	2.56	2.4
Long-Term Investments	-	49.72	41.79	26.19	8.16	6.9
Other Intangible Assets	0.71	1.05	1	1.86	2.07	1.2
Long-Term Deferred Tax Assets	21.24	20.51	0.95	-	51.22	-
Other Long-Term Assets	38.82	0.78	0.77	0.72	0.69	1.96
Total Assets	30,147	32,889	38,236	23,002	7,179	5,791
Accrued Expenses	4.33	4.05	3.09	1.08	0.47	0.3
Short-Term Debt	21,960	27,679	35,038	21,353	6,151	5,115
Current Portion of Long-Term Debt	1,624	463.26	178.21	65.24	55.39	134.88
Current Income Taxes Payable	257.33	258.41	231.12	96.48	70.27	9.28
Other Current Liabilities	12.66	10.81	22.16	25.01	223.91	0.63
Total Current Liabilities	23,859	28,415	35,473	21,541	6,501	5,260
Long-Term Debt	402.87	-	13.03	259.66	52.01	34.04
Long-Term Leases	13.44	17.99	6.5	0.89	2.36	2.12
Pension & Post-Retirement Benefits	12.18	10.79	7.68	3.61	1.81	1.13
Long-Term Deferred Tax Liabilities	-	-	-	0.14	-	0.27
Other Long-Term Liabilities	53.45	53.45	62.73	42.16	31.14	19.64
Total Liabilities	24,341	28,498	35,563	21,847	6,589	5,318
Common Stock	850	850	850	450	350	250
Retained Earnings	4,956	3,494	1,787	681.8	235.08	218.79
Comprehensive Income & Other	0.05	47.38	36.93	22.5	5.6	4.4
Shareholders' Equity	5,806	4,391	2,673	1,154	590.67	473.19
Total Liabilities & Equity	30,147	32,889	38,236	23,002	7,179	5,791
Total Debt	24,001	28,160	35,236	21,679	6,261	5,286
Net Cash (Debt)	-23,803	-27,853	-34,725	-21,504	-6,166	-5,205
Working Capital	6,214	4,382	2,711	1,428	613.31	517.93
Tangible Book Value	5,805	4,390	2,672	1,152	588.61	472
Machinery	5.97	6.18	4.63	4.9	1.87	1.69
Leasehold Improvements	0.46	0.46	0.12	0.17	-	-

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