IST:VANGD 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	0.81	0.06	6.1	0.31	0.19	0.6
Short-Term Investments	0.01	-	-	-	-	-
Trading Asset Securities	-	0.01	0.01	3.8	4.78	0.01
Cash & Short-Term Investments	0.81	0.06	6.11	4.11	4.97	0.61
Cash Growth	-82.61%	-98.97%	48.57%	-17.26%	721.06%	-22.70%
Accounts Receivable	23.3	17.35	17.4	12.1	4.24	1.18
Other Receivables	1.45	1.05	2.95	-	12.13	10.12
Receivables	24.75	18.4	20.35	12.1	16.37	11.3
Inventory	10.01	-	-	-	-	-
Prepaid Expenses	0.46	0.2	0.1	0.06	0.08	0.02
Other Current Assets	1.4	1.65	0.86	3.96	0.07	0.05
Total Current Assets	37.43	20.32	27.41	20.24	21.5	11.97
Property, Plant & Equipment	14.31	13.47	15.14	5.12	4.09	1.33
Long-Term Investments	-	-	-	-	-	0.07
Other Intangible Assets	0.05	0.05	0.06	0.05	0.04	0
Other Long-Term Assets	592.46	538.39	249.95	201.89	173.48	46.14
Total Assets	644.24	572.23	292.56	227.3	199.11	59.52
Accounts Payable	22.64	10.67	13.66	3.41	1.22	0.31
Accrued Expenses	0.23	0.35	0.1	0.15	0.17	0.16
Current Income Taxes Payable	-	-	-	-	0.12	0.01
Current Unearned Revenue	0.01	0.01	-	-	-	-
Other Current Liabilities	1.27	0.07	0.09	3.17	-0.06	0.16
Total Current Liabilities	24.15	11.1	13.85	6.73	1.45	0.65
Pension & Post-Retirement Benefits	0.11	0.27	0.17	0.07	0.11	0.01
Long-Term Deferred Tax Liabilities	100.4	90.03	31.5	22.64	24.99	7.82
Other Long-Term Liabilities	-	-	-	-	-	0.01
Total Liabilities	124.66	101.4	45.53	29.44	26.56	8.48
Common Stock	25	25	25	25	25	25
Additional Paid-In Capital	169.72	154.23	154.23	117.83	81.61	8.29
Retained Earnings	270.68	244.57	20.71	-268.43	-150.36	6.26
Comprehensive Income & Other	54.18	47.01	47.1	323.45	216.3	11.49
Total Common Equity	519.58	470.82	247.04	197.85	172.56	51.03
Shareholders' Equity	519.58	470.82	247.04	197.85	172.56	51.03
Total Liabilities & Equity	644.24	572.23	292.56	227.3	199.11	59.52
Net Cash (Debt)	0.81	0.06	6.11	4.11	4.97	0.61
Net Cash Growth	-82.61%	-98.97%	48.57%	-17.26%	721.06%	-22.70%
Net Cash Per Share	0.03	0.00	0.24	0.16	0.20	0.02
Filing Date Shares Outstanding	25	25	25	25	25	25
Total Common Shares Outstanding	25	25	25	25	25	25
Working Capital	13.28	9.21	13.56	13.51	20.05	11.32
Book Value Per Share	20.78	18.83	9.88	7.91	6.90	2.04
Tangible Book Value	519.53	470.77	246.98	197.8	172.51	51.03
Tangible Book Value Per Share	20.78	18.83	9.88	7.91	6.90	2.04
Machinery	-	575.36	574.74	437.3	302.7	21.8
Leasehold Improvements	-	-	-	-	-	0.06