Verusa Holding A.S. 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	27.44	37.86	23.78	424.24	36.2	32.96
Trading Asset Securities	-	4,792	3,706	2,501	2,233	851.69
Accounts Receivable	177.81	176.65	408.55	115.84	48.96	32.13
Other Receivables	93.89	73.43	119.13	10.4	4.25	0.81
Inventory	123.83	113.78	104.74	148.97	134.48	31.87
Prepaid Expenses	32.54	3.72	5.66	2.66	0.25	0.11
Restricted Cash	-	0.01	0.01	0.01	0.01	0.01
Other Current Assets	153.05	146.47	70.1	104.47	69.68	29.1
Total Current Assets	5,212	5,344	4,438	3,307	2,527	978.68
Property, Plant & Equipment	1,938	1,772	2,066	1,783	1,100	256.78
Other Intangible Assets	2.13	1.9	1.28	0.54	0.8	0.25
Long-Term Investments	550.52	465.91	557.62	385.34	220.02	58.24
Long-Term Deferred Tax Assets	183.39	206.88	377.69	202.06	0	0
Other Long-Term Assets	303.59	286.75	226.97	192.76	209.27	40.4
Total Assets	8,190	8,077	7,667	5,871	4,057	1,334
Accounts Payable	110.59	100.02	169.75	127.96	45.61	19.48
Accrued Expenses	9.68	165	22.24	14.02	7.22	3.49
Short-Term Debt	870.62	903.34	176.36	392.17	292.06	-
Current Portion of Long-Term Debt	27.52	-	-	1.63	7.73	6.4
Current Unearned Revenue	-	27.05	2.87	2.69	4.13	8.14
Current Income Taxes Payable	23.75	119.92	89.69	36.86	2.15	4.77
Other Current Liabilities	320.91	0.37	11.1	1.21	132.31	0.9
Total Current Liabilities	1,363	1,316	472.01	576.56	491.21	43.18
Long-Term Debt	47.87	73.95	145.93	60.54	57.7	29.97
Pension & Post-Retirement Benefits	15.42	-	-	13.69	13.25	3.06
Long-Term Deferred Tax Liabilities	-	-	-	-	187.81	36.39
Other Long-Term Liabilities	-	13.76	14.47	0.55	-	0.5
Total Liabilities	1,426	1,403	632.41	651.33	749.96	113.1
Common Stock	70	70	70	70	70	70
Additional Paid-In Capital	11.39	10.35	10.35	7.91	5.48	10.94
Retained Earnings	4,698	4,682	4,990	3,481	2,028	773.01
Treasury Stock	-1,102	-1,001	-989.57	-616.99	-157.84	-
Comprehensive Income & Other	1,020	920.09	914.79	681.67	451.03	68.48
Total Common Equity	4,698	4,682	4,995	3,624	2,397	922.43
Minority Interest	2,066	1,992	2,039	1,596	910.12	298.82
Shareholders' Equity	6,764	6,674	7,034	5,220	3,307	1,221
Total Liabilities & Equity	8,190	8,077	7,667	5,871	4,057	1,334
Total Debt	946.01	977.29	322.29	454.34	357.49	36.37
Net Cash (Debt)	3,685	3,853	3,407	2,470	1,912	848.28
Net Cash Growth	18.30%	13.08%	37.92%	29.22%	125.38%	109.99%
Net Cash Per Share	-	55.04	48.67	35.29	27.31	12.12
Filing Date Shares Outstanding	-	70	70	70	70	70
Total Common Shares Outstanding	-	70	70	70	70	70
Working Capital	3,849	4,028	3,966	2,731	2,036	935.5
Book Value Per Share	-	66.88	71.36	51.76	34.24	13.18
Tangible Book Value	4,696	4,680	4,994	3,623	2,396	922.19
Tangible Book Value Per Share	-	66.85	71.35	51.76	34.23	13.17
Land	-	60.53	54.51	44.31	32	9.62
Buildings	-	147.67	136.47	30.46	17.39	6.62
Machinery	-	1,577	1,779	1,326	890.63	218.93
Construction In Progress	-	173.78	155.48	362.37	112.78	37.83