IST:VBTYZ 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	Mar '25 Mar 31, 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	125.06	184.73	236.79	389.99	224.82	75.74
Trading Asset Securities	-	1.65	87.91	0.49	-	-
Cash & Short-Term Investments	125.06	186.38	324.69	390.47	224.82	75.74
Cash Growth	-62.00%	-42.60%	-16.85%	73.68%	196.83%	-
Accounts Receivable	331.75	299.12	287.59	172.66	20.61	11.97
Other Receivables	22.95	16.82	67.38	2.32	0.02	1.08
Receivables	354.69	315.94	354.97	174.98	20.62	13.05
Inventory	78.25	78.59	83.83	14.39	16.33	4.35
Prepaid Expenses	13.79	1.49	1.6	742.45	29.51	10.27
Other Current Assets	12.62	8.88	23.69	1.11	0.55	1
Total Current Assets	584.41	591.28	788.79	1,323	291.84	104.42
Property, Plant & Equipment	166	1,059	147.11	72.06	17.63	2.4
Long-Term Investments	42.02	41.18	57.23	28.13	8.88	0.02
Other Intangible Assets	1,186	-	0.01	0.02	0.01	0.01
Long-Term Accounts Receivable	-	44.34	22.5	-	-	-
Long-Term Deferred Tax Assets	4.91	4.96	-	-	-	-
Long-Term Deferred Charges	-	171.9	85.21	70.68	19.27	16.11
Other Long-Term Assets	3.57	0.77	1.18	47.54	4.96	1.63
Total Assets	1,987	1,914	1,102	1,542	342.58	124.59
Accounts Payable	196.58	20.23	79.9	205.4	126.91	47.29
Accrued Expenses	61.85	67.07	61.35	52.42	9.75	4.79
Short-Term Debt	-	0.28	1.12	-	-	-
Current Portion of Long-Term Debt	109.82	233.9	-	2.81	2.42	4.86
Current Portion of Leases	0.02	0.82	2.5	1.27	0.04	0.34
Current Income Taxes Payable	8.98	3.94	6.1	9.8	3.92	1.19
Current Unearned Revenue	36.02	140.45	198.28	754.9	44.9	13.34
Other Current Liabilities	42.53	102.99	2.51	12.56	7.96	0.16
Total Current Liabilities	456.78	569.67	351.75	1,039	195.9	71.97
Long-Term Debt	593.12	510.83	-	1.02	2.01	4.1
Long-Term Leases	-	5.28	3.73	4.08	0.34	0.47
Long-Term Unearned Revenue	-	54.25	3.78	40.46	0.54	1.24
Long-Term Deferred Tax Liabilities	-	0.05	7.01	13.93	1.13	1.18
Total Liabilities	1,059	1,147	379.06	1,109	203.2	81.45
Common Stock	117	117	117	26	26	20
Additional Paid-In Capital	34.07	30.95	229.15	217.48	65.19	-
Retained Earnings	544.18	421.72	188.5	90.17	58.16	23.45
Treasury Stock	-	-	-	-	-9.96	-
Comprehensive Income & Other	234.69	199.24	189.89	100.15	-0.01	-0.31
Total Common Equity	929.93	768.91	724.54	433.8	139.38	43.14
Minority Interest	-2	-1.69	-1.57	-0.51	-	-
Shareholders' Equity	927.93	767.22	722.97	433.29	139.38	43.14
Total Liabilities & Equity	1,987	1,914	1,102	1,542	342.58	124.59
Total Debt	702.97	751.1	7.35	9.18	4.81	9.77
Net Cash (Debt)	-577.91	-564.73	317.35	381.3	220.01	65.97
Net Cash Growth	-	-	-16.77%	73.31%	233.48%	-
Net Cash Per Share	-4.94	-4.83	2.71	3.26	1.88	0.73
Filing Date Shares Outstanding	117	117	117	117	117	90
Total Common Shares Outstanding	117	117	117	117	117	90
Working Capital	127.63	21.61	437.03	284.24	95.94	32.45
Book Value Per Share	7.95	6.57	6.19	3.71	1.19	0.48
Tangible Book Value	-256.31	768.91	724.54	433.78	139.38	43.13
Tangible Book Value Per Share	-2.19	6.57	6.19	3.71	1.19	0.48
Buildings	85.77	70.9	68.06	17.56	4.5	0.3
Machinery	156.92	139.4	124.42	72.71	14.2	3.66
Leasehold Improvements	17.86	16.09	16.09	10.96	-	-

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