IST:VKING 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	25.13	171.65	28.11	134.54	18
Cash & Short-Term Investments	25.13	171.65	28.11	134.54	18
Cash Growth	-85.36%	510.71%	-79.11%	647.50%	-9.54%
Accounts Receivable	183.68	201.88	190.54	230.52	67.04
Other Receivables	1.23	0.45	0.42	6.14	0.27
Receivables	184.91	202.34	190.96	236.66	67.31
Inventory	160.89	146.13	146.85	137.57	55.6
Prepaid Expenses	16.6	20.24	10.46	2.69	0.77
Other Current Assets	7.33	8.19	17.33	42.62	1.26
Total Current Assets	394.86	548.55	393.7	554.08	142.93
Property, Plant & Equipment	3,964	2,802	1,951	1,346	433.05
Long-Term Investments	-	-	-	-	0.9
Other Intangible Assets	6.9	6.64	10.94	13.65	1.05
Other Long-Term Assets	0.1	0.04	0.01	0.01	0.44
Total Assets	4,366	3,357	2,355	1,914	578.37
Accounts Payable	298.75	281.08	367.28	456.72	175.24
Accrued Expenses	3.92	4.82	3.07	3.05	1.65
Short-Term Debt	2,860	2,288	1,233	836.28	206.29
Current Portion of Long-Term Debt	140.36	186.25	58.83	45.51	66.84
Current Portion of Leases	2.24	5.57	6.15	4.19	1.92
Current Income Taxes Payable	4.37	7.46	4.63	4.18	1.29
Current Unearned Revenue	3.55	3.64	4.43	2.91	2.61
Other Current Liabilities	29.37	33.38	7.07	3.73	0.46
Total Current Liabilities	3,343	2,810	1,684	1,357	456.3
Long-Term Debt	330.29	138.13	53.46	11.89	34.18
Long-Term Leases	0.83	6.04	9.78	0.78	0.74
Pension & Post-Retirement Benefits	11.5	16.24	19.45	39.81	11.4
Long-Term Deferred Tax Liabilities	620.05	338.8	225.19	185.26	52.94
Other Long-Term Liabilities	-	-	-	-	0
Total Liabilities	4,305	3,309	1,992	1,594	555.56
Common Stock	42	42	42	42	42
Additional Paid-In Capital	6.44	6.44	4.92	2.99	0.25
Retained Earnings	-2,023	-1,087	-315.24	-182.18	-281.28
Comprehensive Income & Other	2,035	1,086	631.39	456.88	261.84
Shareholders' Equity	60.13	48.15	363.07	319.68	22.82
Total Liabilities & Equity	4,366	3,357	2,355	1,914	578.37
Total Debt	3,334	2,623	1,361	898.66	309.96
Net Cash (Debt)	-3,309	-2,452	-1,333	-764.12	-291.97
Net Cash Per Share	-78.78	-58.38	-31.74	-18.19	-6.95
Filing Date Shares Outstanding	42	42	42	42	42
Total Common Shares Outstanding	42	42	42	42	42
Working Capital	-2,948	-2,261	-1,291	-802.5	-313.37
Book Value Per Share	1.43	1.15	8.64	7.61	0.54
Tangible Book Value	53.23	41.51	352.13	306.04	21.77
Tangible Book Value Per Share	1.27	0.99	8.38	7.29	0.52
Land	2,055	1,048	647.46	448.45	114.67
Buildings	796.4	584.86	443.57	296.64	69.94
Machinery	1,316	1,272	1,012	659.44	253.43
Construction In Progress	12.15	34.36	10.29	13.53	0.63

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