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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	184.57	97.57	306.83	510.52	174.99	95.32
Cash & Short-Term Investments	184.57	97.57	306.83	510.52	174.99	95.32
Cash Growth	-39.85%	-68.20%	-39.90%	191.74%	83.58%	17.38%
Accounts Receivable	34,796	41,713	32,424	37,455	22,611	7,007
Other Receivables	-	20.88	43.06	141.47	40.31	6.2
Receivables	34,796	41,734	32,467	37,597	22,652	7,013
Prepaid Expenses	-	16.06	23.2	49.71	142.03	4.36
Other Current Assets	0.22	0.22	0.22	26.39	0.22	1.95
Total Current Assets	34,981	41,848	32,797	38,183	22,969	7,115
Property, Plant & Equipment	7.57	10.34	19.31	8.28	4.03	2.56
Long-Term Investments	-	-	49.72	41.79	26.19	8.16
Other Intangible Assets	1.98	1.09	1.05	1	1.86	2.07
Long-Term Deferred Tax Assets	37.14	29.56	20.51	0.95	-	51.22
Other Long-Term Assets	42.2	0.1	0.78	0.77	0.72	0.69
Total Assets	35,070	41,889	32,889	38,236	23,002	7,179
Accrued Expenses	-	5.72	4.05	3.09	1.08	0.47
Short-Term Debt	26,366	32,798	27,679	35,038	21,353	6,151
Current Portion of Long-Term Debt	937.13	1,702	463.26	178.21	65.24	55.39
Current Portion of Leases	-	-	16.59	4.33	-	-
Current Income Taxes Payable	246.78	253.67	258.41	231.12	96.48	70.27
Other Current Liabilities	12.03	18.36	10.81	22.16	25.01	223.91
Total Current Liabilities	27,562	34,777	28,432	35,477	21,541	6,501
Long-Term Debt	-	-	-	13.03	259.66	52.01
Long-Term Leases	7.11	10.28	1.4	2.17	0.89	2.36
Pension & Post-Retirement Benefits	13.92	12.53	10.79	7.68	3.61	1.81
Long-Term Deferred Tax Liabilities	-	-	-	-	0.14	-
Other Long-Term Liabilities	110.23	80.1	53.45	62.73	42.16	31.14
Total Liabilities	27,693	34,880	28,498	35,563	21,847	6,589
Common Stock	900	900	850	850	450	350
Additional Paid-In Capital	549.09	643.01	-	-	-	-
Retained Earnings	5,927	5,466	3,494	1,787	681.8	235.08
Comprehensive Income & Other	0.05	0.05	47.38	36.93	22.5	5.6
Shareholders' Equity	7,377	7,009	4,391	2,673	1,154	590.67
Total Liabilities & Equity	35,070	41,889	32,889	38,236	23,002	7,179
Total Debt	27,311	34,510	28,160	35,236	21,679	6,261
Net Cash (Debt)	-27,126	-34,412	-27,853	-34,725	-21,504	-6,166
Net Cash Per Share	-29.73	-38.24	-32.77	-	-	-
Filing Date Shares Outstanding	900	900	850	-	-	-
Total Common Shares Outstanding	900	900	850	-	-	-
Working Capital	7,419	7,071	4,365	2,706	1,428	613.31
Book Value Per Share	8.20	7.79	5.17	-	-	-
Tangible Book Value	7,375	7,008	4,390	2,672	1,152	588.61
Tangible Book Value Per Share	8.19	7.79	5.16	-	-	-
Machinery	-	6.07	6.18	4.63	4.9	1.87
Leasehold Improvements	-	0.46	0.46	0.12	0.17	-

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