IST:ZEDUR 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	37.25	15.28	11.01	15.14	1.32
Short-Term Investments	-	0	-	-	-
Cash & Short-Term Investments	37.25	15.28	11.01	15.14	1.32
Cash Growth	143.77%	38.79%	-27.27%	1050.88%	-75.56%
Accounts Receivable	27.52	20.02	18.99	24.02	11.76
Other Receivables	0.17	0.27	0.12	4.01	4.62
Receivables	27.69	20.3	19.11	28.03	16.37
Inventory	-	-	5.91	2.09	2.54
Prepaid Expenses	1.69	1.71	1.4	0.91	0.08
Other Current Assets	7.39	7.56	13.85	9.06	5.95
Total Current Assets	74.02	44.84	51.28	55.23	26.38
Property, Plant & Equipment	2,700	2,762	2,152	1,379	498.53
Long-Term Investments	-	-	-	-	14.88
Other Intangible Assets	-	0.03	0.04	0.04	0.01
Other Long-Term Assets	49.17	48.96	35.73	5.36	5.25
Total Assets	2,823	2,856	2,239	1,440	545.05
Accounts Payable	6.31	5.15	0.87	2.79	5.32
Accrued Expenses	11.57	16.17	13.23	12.24	0.76
Short-Term Debt	102.43	95.04	68.95	10.05	8.78
Current Portion of Long-Term Debt	148.78	76.82	65.84	63.1	20.47
Current Portion of Leases	4.83	3.87	2.77	-	-
Current Income Taxes Payable	-	-	-	3.12	0
Current Unearned Revenue	0.48	0.88	0.9	2.59	0.82
Other Current Liabilities	0.55	2.2	5.04	3.98	18.59
Total Current Liabilities	274.94	200.13	157.6	97.87	54.74
Long-Term Debt	208.89	234.76	259.27	236.36	118.95
Long-Term Leases	6.57	8.89	10.26	-	-
Pension & Post-Retirement Benefits	3.72	3.4	1.81	1.15	0.37
Long-Term Deferred Tax Liabilities	70.82	119.56	97.61	129.89	34.16
Other Long-Term Liabilities	0.26	-	2.19	-	0
Total Liabilities	565.21	566.73	528.74	465.26	208.22
Common Stock	174.75	174.75	25	25	25
Additional Paid-In Capital	226.89	226.89	173.34	120.06	12.17
Retained Earnings	575.35	554.61	384.93	80.56	93.34
Comprehensive Income & Other	1,279	1,335	1,123	742.1	205.62
Total Common Equity	2,256	2,291	1,707	967.72	336.13
Minority Interest	1.23	-2.06	3.39	7.13	0.69
Shareholders' Equity	2,258	2,289	1,710	974.86	336.83
Total Liabilities & Equity	2,823	2,856	2,239	1,440	545.05
Total Debt	471.49	419.38	407.08	309.51	148.2
Net Cash (Debt)	-434.24	-404.1	-396.07	-294.37	-146.88
Net Cash Per Share	-2.48	-2.31	-2.27	-1.68	-0.84
Filing Date Shares Outstanding	174.75	174.75	174.75	174.75	174.75
Total Common Shares Outstanding	174.75	174.75	174.75	174.75	174.75
Working Capital	-200.92	-155.29	-106.32	-42.64	-28.36
Book Value Per Share	12.91	13.11	9.77	5.54	1.92
Tangible Book Value	2,256	2,291	1,707	967.68	336.13
Tangible Book Value Per Share	12.91	13.11	9.77	5.54	1.92
Land	890.88	890.88	680.62	330.38	34.91
Buildings	-	-	3.25	4.45	-
Machinery	2,237	2,234	1,699	1,179	481.42
Leasehold Improvements	7.75	7.75	5.92	4.1	0.97

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