IST:VBTYZ 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	259.78	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	340.27	355.87	243.95	324.69	390.47	224.82
Cash Growth	172.09%	45.88%	-24.87%	-16.85%	73.68%	196.83%
Accounts Receivable	246.81	520.57	391.52	287.59	172.66	20.61
Other Receivables	295.5	268.84	22.02	67.38	2.32	0.02
Receivables	542.31	789.42	413.55	354.97	174.98	20.62
Inventory	440.34	178.89	102.87	83.83	14.39	16.33
Prepaid Expenses	15.95	-	-	1.6	742.45	29.51
Other Current Assets	7.56	24.71	13.58	23.69	1.11	0.55
Total Current Assets	1,346	1,349	773.95	788.79	1,323	291.84
Property, Plant & Equipment	167.97	162.92	190.67	147.11	72.06	17.63
Long-Term Investments	16.79	15.8	53.9	57.23	28.13	8.88
Other Intangible Assets	904.69	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	1.43	2.16	1.01	1.18	47.54	4.96
Total Assets	2,437	2,492	2,505	1,102	1,542	342.58
Accounts Payable	480.12	601.58	26.48	79.9	205.4	126.91
Accrued Expenses	45.19	166.61	86.32	61.35	52.42	9.75
Short-Term Debt	0.01	0.02	-	1.12	-	-
Current Portion of Long-Term Debt	222.07	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	-	-	5.16	6.1	9.8	3.92
Current Unearned Revenue	3.88	0.7	185.3	198.28	754.9	44.9
Other Current Liabilities	55.39	3.89	135.17	2.51	12.56	7.96
Total Current Liabilities	812.34	982.92	745.66	351.75	1,039	195.9
Long-Term Debt	459.85	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	-	28.23	8.66	12.79	9.89	3.27
Long-Term Deferred Tax Liabilities	65.05	65.69	-	7.01	13.93	1.13
Other Long-Term Liabilities	29.44	1.38	-0	-	-	-
Total Liabilities	1,388	1,580	1,501	379.06	1,109	203.2
Common Stock	117	117	117	117	26	26
Additional Paid-In Capital	44.58	40.51	40.51	229.15	217.48	65.19
Retained Earnings	859.79	727.03	551.99	188.5	90.17	58.16
Treasury Stock	-	-	-	-	-	-9.96
Comprehensive Income & Other	35.36	26.19	296.94	189.89	100.15	-0.01
Total Common Equity	1,057	910.74	1,006	724.54	433.8	139.38
Minority Interest	-6.99	1.14	-2.21	-1.57	-0.51	-
Shareholders' Equity	1,050	911.87	1,004	722.97	433.29	139.38
Total Liabilities & Equity	2,437	2,492	2,505	1,102	1,542	342.58
Total Debt	692.9	692.12	982.77	7.35	9.18	4.81
Net Cash (Debt)	-352.62	-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	534.09	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	152.04	-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.