IST:VBTYZ Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	69.76	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	167.68	355.87	243.95	324.69	390.47	224.82
Cash Growth	35.08%	45.88%	-24.87%	-16.85%	73.68%	196.83%
Accounts Receivable	183.2	520.57	391.52	287.59	172.66	20.61
Other Receivables	200.92	268.84	22.02	67.38	2.32	0.02
Receivables	384.12	789.42	413.55	354.97	174.98	20.62
Inventory	798.53	178.89	102.87	83.83	14.39	16.33
Prepaid Expenses	-	-	-	1.6	742.45	29.51
Other Current Assets	114.37	24.71	13.58	23.69	1.11	0.55
Total Current Assets	1,465	1,349	773.95	788.79	1,323	291.84
Property, Plant & Equipment	174.27	162.92	190.67	147.11	72.06	17.63
Long-Term Investments	2.59	15.8	53.9	57.23	28.13	8.88
Other Intangible Assets	922.11	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	35.72	0.2	-	85.21	70.68	19.27
Other Long-Term Assets	0.21	2.16	1.01	1.18	47.54	4.96
Total Assets	2,600	2,492	2,505	1,102	1,542	342.58

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	514.76	601.58	26.48	79.9	205.4	126.91
Accrued Expenses	55.48	166.61	86.32	61.35	52.42	9.75
Short-Term Debt	-	0.02	-	1.12	-	-
Current Portion of Long-Term Debt	128.69	197.92	306.15	-	2.81	2.42
Current Portion of Leases	5.69	12.21	1.07	2.5	1.27	0.04
Current Income Taxes Payable	34.19	-	5.16	6.1	9.8	3.92
Current Unearned Revenue	18.72	0.7	185.3	198.28	754.9	44.9
Other Current Liabilities	2.62	3.89	135.17	2.51	12.56	7.96
Total Current Liabilities	760.16	982.92	745.66	351.75	1,039	195.9
Long-Term Debt	551.8	476.7	668.64	-	1.02	2.01
Long-Term Leases	5.28	5.28	6.91	3.73	4.08	0.34
Long-Term Unearned Revenue	15.62	19.61	71.01	3.78	40.46	0.54
Pension & Post-Retirement Benefits	31.45	28.23	8.66	12.79	9.89	3.27
Long-Term Deferred Tax Liabilities	68.41	65.69	-	7.01	13.93	1.13
Other Long-Term Liabilities	-	1.38	-0	-	-	-
Total Liabilities	1,433	1,580	1,501	379.06	1,109	203.2

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	117	117	117	117	26	26
Additional Paid-In Capital	47.71	40.51	40.51	229.15	217.48	65.19
Retained Earnings	956.13	727.03	551.99	188.5	90.17	58.16
Treasury Stock	-	-	-	-	-	-9.96
Comprehensive Income & Other	44.76	26.19	296.94	189.89	100.15	-0.01
Total Common Equity	1,166	910.74	1,006	724.54	433.8	139.38
Minority Interest	1.28	1.14	-2.21	-1.57	-0.51	-
Shareholders' Equity	1,167	911.87	1,004	722.97	433.29	139.38
Total Liabilities & Equity	2,600	2,492	2,505	1,102	1,542	342.58

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	691.47	692.12	982.77	7.35	9.18	4.81
Net Cash (Debt)	-523.79	-336.25	-738.82	317.35	381.3	220.01
Net Cash Growth	-	-	-	-16.77%	73.31%	233.48%
Net Cash Per Share	-4.48	-2.87	-6.31	2.71	3.26	1.88
Filing Date Shares Outstanding	117	117	117	117	117	117
Total Common Shares Outstanding	117	117	117	117	117	117
Working Capital	704.54	365.97	28.29	437.03	284.24	95.94
Book Value Per Share	9.96	7.78	8.60	6.19	3.71	1.19
Tangible Book Value	243.49	-50.99	-414.66	724.54	433.78	139.38
Tangible Book Value Per Share	2.08	-0.44	-3.54	6.19	3.71	1.19
Buildings	108.9	92.48	92.81	68.06	17.56	4.5
Machinery	231.75	193.04	182.46	124.42	72.71	14.2
Leasehold Improvements	25.3	21.21	21.06	16.09	10.96	-