IST:VAKKO 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	938.38	1,920	1,167	1,298	165.97
Short-Term Investments	973.96	267.41	224.08	100.23	-
Cash & Short-Term Investments	1,912	2,187	1,391	1,399	165.97
Cash Growth	-12.56%	57.18%	-0.52%	742.73%	197.62%
Accounts Receivable	657.86	502.34	483.83	246.03	109.62
Other Receivables	0.15	0.06	2.96	2.64	2.75
Receivables	658.01	502.41	486.79	248.66	112.37
Inventory	6,499	7,457	5,607	2,890	591.92
Prepaid Expenses	38.54	40.02	34.78	15.2	2.82
Other Current Assets	306.36	379.1	333.29	174.4	59.25
Total Current Assets	9,414	10,566	7,853	4,727	932.33
Property, Plant & Equipment	6,288	5,968	4,759	2,706	548.49
Long-Term Investments	9.02	5.67	1.64	0.58	-
Other Intangible Assets	124.27	147	104	64.94	18.85
Long-Term Deferred Tax Assets	-	-	-	-	8.7
Other Long-Term Assets	1.44	2.34	4.47	0.26	0.16
Total Assets	15,837	16,689	12,722	7,499	1,509
Accounts Payable	2,000	2,098	1,873	1,212	362.94
Accrued Expenses	375.27	325.53	193.89	104.88	19.56
Short-Term Debt	-	492.53	303.14	444.15	27.09
Current Portion of Long-Term Debt	50.53	71.93	224.06	114.22	93.02
Current Portion of Leases	716.39	581.06	365.72	205.84	89.54
Current Income Taxes Payable	287.19	285.08	253.94	174.42	40.59
Current Unearned Revenue	483.67	430.07	400.92	255.15	83.51
Other Current Liabilities	34.02	27.03	19.34	16.47	8.69
Total Current Liabilities	3,947	4,311	3,634	2,527	724.94
Long-Term Debt	4.17	70.9	5.28	42.64	73.09
Long-Term Leases	1,194	930.89	912.12	382.94	136.1
Long-Term Unearned Revenue	240.81	137	215.43	307.78	22.37
Pension & Post-Retirement Benefits	232.43	195.17	125.14	150.5	28.89
Long-Term Deferred Tax Liabilities	451.65	677.95	284.95	123.21	-
Total Liabilities	6,071	6,323	5,177	3,534	985.4
Common Stock	160	160	160	160	160
Retained Earnings	4,554	5,197	3,611	1,169	250.04
Comprehensive Income & Other	5,052	5,009	3,774	2,635	113.08
Total Common Equity	9,766	10,366	7,545	3,965	523.12
Minority Interest	0.06	0.06	0.04	0.03	0.01
Shareholders' Equity	9,766	10,366	7,545	3,965	523.13
Total Liabilities & Equity	15,837	16,689	12,722	7,499	1,509
Total Debt	1,965	2,147	1,810	1,190	418.84
Net Cash (Debt)	-53.04	39.76	-418.93	208.88	-252.87
Net Cash Per Share	-0.33	0.25	-2.62	1.31	-1.58
Filing Date Shares Outstanding	160	160	160	160	160
Total Common Shares Outstanding	160	160	160	160	160
Working Capital	5,467	6,255	4,219	2,200	207.39
Book Value Per Share	61.04	64.79	47.16	24.78	3.27
Tangible Book Value	9,642	10,219	7,441	3,900	504.27
Tangible Book Value Per Share	60.26	63.87	46.51	24.37	3.15
Land	1,195	1,161	926.21	641.51	109
Buildings	1,456	1,339	843.36	581.28	95.76
Machinery	2,550	2,505	1,867	1,207	169.93
Construction In Progress	68.18	37.33	51.56	11.52	1.01
Leasehold Improvements	3,535	3,211	2,342	1,314	214.71

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