IST:ZERGY Balance Sheet

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	101.21	3.46	81.35
Accounts Receivable	676.63	528.87	-
Other Receivables	19.96	198.43	-
Investment In Debt and Equity Securities	0.01	0.02	0.03
Other Current Assets	5,558	4,335	4,157
Other Long-Term Assets	810.07	766.86	560.62
Total Assets	7,174	5,833	4,799
Current Portion of Long-Term Debt	317.91	128.51	-
Long-Term Debt	552.17	62.68	-
Accounts Payable	15.58	2.87	0.64
Accrued Expenses	40.11	172.86	0.66
Current Unearned Revenue	2,841	2,315	2,203
Other Current Liabilities	6.38	-	0.42
Long-Term Unearned Revenue	2,264	2,011	1,803
Long-Term Deferred Tax Liabilities	175.32	114.38	81.38
Total Liabilities	6,246	4,983	4,090
Common Stock	510	510	250
Retained Earnings	11.51	-66.97	233.73
Comprehensive Income & Other	406.27	407.21	225.95
Shareholders' Equity	927.78	850.24	709.67
Total Liabilities & Equity	7,174	5,833	4,799
Total Debt	890.35	365.96	-
Net Cash (Debt)	-789.14	-362.5	81.35
Net Cash Per Share	-1.55	-0.71	0.33
Filing Date Shares Outstanding	510	510	250
Total Common Shares Outstanding	510	510	250
Book Value Per Share	1.82	1.67	2.84
Tangible Book Value	927.78	850.24	709.67
Tangible Book Value Per Share	1.82	1.67	2.84

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