IST:VBTYZ 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	275.45	241.79	236.79	389.99	224.82
Trading Asset Securities	80.43	2.16	87.91	0.49	-
Cash & Short-Term Investments	355.87	243.95	324.69	390.47	224.82
Cash Growth	45.88%	-24.87%	-16.85%	73.68%	196.83%
Accounts Receivable	520.57	391.52	287.59	172.66	20.61
Other Receivables	268.84	22.02	67.38	2.32	0.02
Receivables	789.42	413.55	354.97	174.98	20.62
Inventory	178.89	102.87	83.83	14.39	16.33
Prepaid Expenses	-	-	1.6	742.45	29.51
Other Current Assets	24.71	13.58	23.69	1.11	0.55
Total Current Assets	1,349	773.95	788.79	1,323	291.84
Property, Plant & Equipment	162.92	190.67	147.11	72.06	17.63
Long-Term Investments	15.8	53.9	57.23	28.13	8.88
Other Intangible Assets	961.72	1,421	0.01	0.02	0.01
Long-Term Accounts Receivable	-	58.04	22.5	-	-
Long-Term Deferred Tax Assets	-	6.42	-	-	-
Long-Term Deferred Charges	0.2	-	85.21	70.68	19.27
Other Long-Term Assets	2.16	1.01	1.18	47.54	4.96
Total Assets	2,492	2,505	1,102	1,542	342.58
Accounts Payable	601.58	26.48	79.9	205.4	126.91
Accrued Expenses	166.61	86.32	61.35	52.42	9.75
Short-Term Debt	0.02	-	1.12	-	-
Current Portion of Long-Term Debt	197.92	306.15	-	2.81	2.42
Current Portion of Leases	12.21	1.07	2.5	1.27	0.04
Current Income Taxes Payable	-	5.16	6.1	9.8	3.92
Current Unearned Revenue	0.7	185.3	198.28	754.9	44.9
Other Current Liabilities	3.89	135.17	2.51	12.56	7.96
Total Current Liabilities	982.92	745.66	351.75	1,039	195.9
Long-Term Debt	476.7	668.64	-	1.02	2.01
Long-Term Leases	5.28	6.91	3.73	4.08	0.34
Long-Term Unearned Revenue	19.61	71.01	3.78	40.46	0.54
Pension & Post-Retirement Benefits	28.23	8.66	12.79	9.89	3.27
Long-Term Deferred Tax Liabilities	65.69	-	7.01	13.93	1.13
Other Long-Term Liabilities	1.38	-0	-	-	-
Total Liabilities	1,580	1,501	379.06	1,109	203.2
Common Stock	117	117	117	26	26
Additional Paid-In Capital	40.51	40.51	229.15	217.48	65.19
Retained Earnings	727.03	551.99	188.5	90.17	58.16
Treasury Stock	-	-	-	-	-9.96
Comprehensive Income & Other	26.19	296.94	189.89	100.15	-0.01
Total Common Equity	910.74	1,006	724.54	433.8	139.38
Minority Interest	1.14	-2.21	-1.57	-0.51	-
Shareholders' Equity	911.87	1,004	722.97	433.29	139.38
Total Liabilities & Equity	2,492	2,505	1,102	1,542	342.58
Total Debt	692.12	982.77	7.35	9.18	4.81
Net Cash (Debt)	-336.25	-738.82	317.35	381.3	220.01
Net Cash Growth	-	-	-16.77%	73.31%	233.48%
Net Cash Per Share	-2.87	-6.31	2.71	3.26	1.88
Filing Date Shares Outstanding	117	117	117	117	117
Total Common Shares Outstanding	117	117	117	117	117
Working Capital	365.97	28.29	437.03	284.24	95.94
Book Value Per Share	7.78	8.60	6.19	3.71	1.19
Tangible Book Value	-50.99	-414.66	724.54	433.78	139.38
Tangible Book Value Per Share	-0.44	-3.54	6.19	3.71	1.19
Buildings	92.48	92.81	68.06	17.56	4.5
Machinery	193.04	182.46	124.42	72.71	14.2
Leasehold Improvements	21.21	21.06	16.09	10.96	-

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