Viking Kagit ve Selüloz A.S. (IST:VKING)

IST:VKING Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	24.68	25.13	171.65	28.11	134.54	18
Cash & Short-Term Investments	24.68	25.13	171.65	28.11	134.54	18
Cash Growth	-57.18%	-85.36%	510.71%	-79.11%	647.50%	-9.54%
Accounts Receivable	131.87	183.68	201.88	190.54	230.52	67.04
Other Receivables	3.86	1.23	0.45	0.42	6.14	0.27
Receivables	135.74	184.91	202.34	190.96	236.66	67.31
Inventory	107.92	160.89	146.13	146.85	137.57	55.6
Prepaid Expenses	21.4	16.6	20.24	10.46	2.69	0.77
Other Current Assets	0.42	7.33	8.19	17.33	42.62	1.26
Total Current Assets	290.16	394.86	548.55	393.7	554.08	142.93
Property, Plant & Equipment	4,606	3,964	2,802	1,951	1,346	433.05
Long-Term Investments	-	-	-	-	-	0.9
Other Intangible Assets	7.14	6.9	6.64	10.94	13.65	1.05
Other Long-Term Assets	0.02	0.1	0.04	0.01	0.01	0.44
Total Assets	4,903	4,366	3,357	2,355	1,914	578.37

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	313.06	298.75	281.08	367.28	456.72	175.24
Accrued Expenses	12.33	3.92	4.82	3.07	3.05	1.65
Short-Term Debt	3,697	2,860	2,288	1,233	836.28	206.29
Current Portion of Long-Term Debt	127.55	140.36	186.25	58.83	45.51	66.84
Current Portion of Leases	0.83	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	3.81	3.55	3.64	4.43	2.91	2.61
Other Current Liabilities	83.39	29.37	33.38	7.07	3.73	0.46
Total Current Liabilities	4,238	3,343	2,810	1,684	1,357	456.3
Long-Term Debt	261.61	330.29	138.13	53.46	11.89	34.18
Long-Term Leases	0.42	0.83	6.04	9.78	0.78	0.74
Pension & Post-Retirement Benefits	24.84	11.5	16.24	19.45	39.81	11.4
Long-Term Deferred Tax Liabilities	535.19	620.05	338.8	225.19	185.26	52.94
Other Long-Term Liabilities	-	-	-	-	-	0
Total Liabilities	5,060	4,305	3,309	1,992	1,594	555.56

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	42	42	42	42	42	42
Additional Paid-In Capital	7.59	6.44	6.44	4.92	2.99	0.25
Retained Earnings	-2,631	-2,023	-1,087	-315.24	-182.18	-281.28
Comprehensive Income & Other	2,425	2,035	1,086	631.39	456.88	261.84
Shareholders' Equity	-156.98	60.13	48.15	363.07	319.68	22.82
Total Liabilities & Equity	4,903	4,366	3,357	2,355	1,914	578.37

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	4,087	3,334	2,623	1,361	898.66	309.96
Net Cash (Debt)	-4,063	-3,309	-2,452	-1,333	-764.12	-291.97
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-96.73	-78.78	-58.38	-31.74	-18.19	-6.95
Filing Date Shares Outstanding	42	42	42	42	42	42
Total Common Shares Outstanding	42	42	42	42	42	42
Working Capital	-3,948	-2,948	-2,261	-1,291	-802.5	-313.37
Book Value Per Share	-3.74	1.43	1.15	8.64	7.61	0.54
Tangible Book Value	-164.11	53.23	41.51	352.13	306.04	21.77
Tangible Book Value Per Share	-3.91	1.27	0.99	8.38	7.29	0.52
Land	2,420	2,055	1,048	647.46	448.45	114.67
Buildings	937.83	796.4	584.86	443.57	296.64	69.94
Machinery	1,549	1,316	1,272	1,012	659.44	253.43
Construction In Progress	20.57	12.15	34.36	10.29	13.53	0.63

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

Data Sources Report a data error