Zorlu Enerji Elektrik Üretim A.S. (IST: ZOREN)

ZOREN Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,666	1,934	3,799	1,171	728.31	832.72
Short-Term Investments	403.39	-	-	-	-	-
Accounts Receivable	9,112	7,720	13,520	3,541	1,774	1,279
Other Receivables	2,587	275.32	585.44	146.4	120.92	200.61
Inventory	536.58	531.36	1,174	239.03	131.17	62.98
Prepaid Expenses	163.02	83.44	87.01	19.94	32.53	9.49
Loans Receivable Current	-	1,125	2,040	907.08	931.38	1,176
Other Current Assets	926.16	8,158	1,385	447.13	329.69	674.89
Total Current Assets	15,394	19,827	22,591	6,471	4,048	4,236
Property, Plant & Equipment	55,114	41,031	57,591	18,950	10,647	8,509
Goodwill	-	-	-	402.24	402.24	622.75
Other Intangible Assets	10,013	7,661	8,819	1,048	1,050	2,131
Long-Term Investments	5,563	4,812	3,418	1,181	681.61	532.65
Long-Term Loans Receivable	-	11,064	10,964	2,583	957.77	860.48
Long-Term Deferred Tax Assets	7,603	4,748	1,701	671.75	488.84	375.13
Long-Term Deferred Charges	-	-	-	51.32	54.74	58.17
Long-Term Accounts Receivable	9,464	8,061	11,315	3,403	2,657	2,096
Other Long-Term Assets	12,069	1,306	1,346	664.94	415.96	376.54
Total Assets	115,220	98,511	117,745	35,426	21,403	19,799
Accounts Payable	4,816	3,880	9,488	2,190	1,815	2,123
Accrued Expenses	217.16	526.95	406.74	194.97	142.45	121.72
Short-Term Debt	2,034	1,657	4,484	1,271	1,595	1,619
Current Portion of Long-Term Debt	14,134	15,122	14,637	4,394	2,875	3,119
Current Unearned Revenue	2,882	1,882	2,112	144.22	91.55	35.28
Current Portion of Leases	101.27	124.99	183.77	50.89	19.92	29.74
Current Income Taxes Payable	189.64	106.18	221.26	5.76	56.49	31.01
Other Current Liabilities	2,664	8,260	6,008	1,252	1,433	1,282
Total Current Liabilities	27,038	31,559	37,540	9,502	8,028	8,360
Long-Term Debt	23,846	25,294	37,000	18,181	10,018	7,965
Long-Term Leases	282.81	296.68	328.29	155.84	35.16	50.04
Pension & Post-Retirement Benefits	452.65	286.42	288.7	68.3	44	32.58
Long-Term Deferred Tax Liabilities	3,835	2,592	8,053	1,331	736.94	662.01
Other Long-Term Liabilities	14.64	11.17	13.24	6.37	243.45	129.73
Total Liabilities	55,470	60,039	83,224	29,245	19,105	17,199
Common Stock	5,000	5,000	2,500	2,500	2,000	2,000
Additional Paid-In Capital	44.21	32.54	9.96	1.45	0.92	0.92
Retained Earnings	52,686	36,810	24,291	-1,094	-888.11	-427.61
Comprehensive Income & Other	2,019	-3,441	7,793	4,903	1,332	1,049
Total Common Equity	59,749	38,402	34,595	6,310	2,445	2,622
Minority Interest	0.89	70.36	-74.29	-128.57	-147.93	-23.15
Shareholders' Equity	59,750	38,472	34,521	6,182	2,297	2,599
Total Liabilities & Equity	115,220	98,511	117,745	35,426	21,403	19,799
Total Debt	40,398	42,494	56,633	24,052	14,543	12,783
Net Cash (Debt)	-38,329	-40,561	-52,834	-22,881	-13,815	-11,950
Net Cash Per Share	-21.40	-121.68	-211.33	-10.59	-6.92	-5.98
Filing Date Shares Outstanding	5,068	5,000	2,500	2,500	2,000	2,000
Total Common Shares Outstanding	5,068	5,000	2,500	2,500	2,000	2,000
Working Capital	-11,644	-11,732	-14,950	-3,030	-3,980	-4,125
Book Value Per Share	11.79	7.68	13.84	2.52	1.22	1.31
Tangible Book Value	49,736	30,741	25,775	4,861	993.01	-131.94
Tangible Book Value Per Share	9.81	6.15	10.31	1.94	0.50	-0.07
Land	-	-	1,058	350.91	179.22	137.73
Buildings	-	-	609.76	154.68	79.4	47.98
Machinery	-	-	51,635	19,993	11,867	9,251
Construction In Progress	-	-	2,351	871.45	525.48	658.64

Source: S&P Capital IQ. Utility template. Financial Sources.