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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,237	1,934	3,799	1,171	728.31	832.72
Accounts Receivable	8,587	7,720	13,520	3,541	1,774	1,279
Other Receivables	1,699	275.32	585.44	146.4	120.92	200.61
Inventory	807.72	531.36	1,174	239.03	131.17	62.98
Prepaid Expenses	94.43	83.44	87.01	19.94	32.53	9.49
Loans Receivable Current	810.64	1,125	2,040	907.08	931.38	1,176
Other Current Assets	1,106	8,158	1,385	447.13	329.69	674.89
Total Current Assets	14,342	19,827	22,591	6,471	4,048	4,236
Property, Plant & Equipment	50,658	41,031	57,591	18,950	10,647	8,509
Goodwill	-	-	-	402.24	402.24	622.75
Other Intangible Assets	9,318	7,661	8,819	1,048	1,050	2,131
Long-Term Investments	5,562	4,812	3,418	1,181	681.61	532.65
Long-Term Loans Receivable	10,984	11,064	10,964	2,583	957.77	860.48
Long-Term Deferred Tax Assets	6,951	4,748	1,701	671.75	488.84	375.13
Long-Term Deferred Charges	-	-	-	51.32	54.74	58.17
Long-Term Accounts Receivable	8,898	8,061	11,315	3,403	2,657	2,096
Other Long-Term Assets	17.64	1,306	1,346	664.94	415.96	376.54
Total Assets	106,730	98,511	117,745	35,426	21,403	19,799
Accounts Payable	4,374	3,880	9,488	2,190	1,815	2,123
Accrued Expenses	572.2	526.95	406.74	194.97	142.45	121.72
Short-Term Debt	2,083	1,657	4,484	1,271	1,595	1,619
Current Portion of Long-Term Debt	12,701	15,122	14,637	4,394	2,875	3,119
Current Unearned Revenue	2,554	1,882	2,112	144.22	91.55	35.28
Current Portion of Leases	108.04	124.99	183.77	50.89	19.92	29.74
Current Income Taxes Payable	249.05	106.18	221.26	5.76	56.49	31.01
Other Current Liabilities	1,880	8,260	6,008	1,252	1,433	1,282
Total Current Liabilities	24,520	31,559	37,540	9,502	8,028	8,360
Long-Term Debt	24,182	25,294	37,000	18,181	10,018	7,965
Long-Term Leases	304.11	296.68	328.29	155.84	35.16	50.04
Pension & Post-Retirement Benefits	395.82	286.42	288.7	68.3	44	32.58
Long-Term Deferred Tax Liabilities	3,354	2,592	8,053	1,331	736.94	662.01
Other Long-Term Liabilities	-	11.17	13.24	6.37	243.45	129.73
Total Liabilities	52,756	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	40.59	32.54	9.96	1.45	0.92	0.92
Retained Earnings	49,025	36,810	24,291	-1,094	-888.11	-427.61
Comprensive Income & Other	-92.7	-3,441	7,793	4,903	1,332	1,049
Total Common Equity	53,973	38,402	34,595	6,310	2,445	2,622
Minority Interest	0.65	70.36	-74.29	-128.57	-147.93	-23.15
Shareholders' Equity	53,974	38,472	34,521	6,182	2,297	2,599
Total Liabilities & Equity	106,730	98,511	117,745	35,426	21,403	19,799
Total Debt	39,378	42,494	56,633	24,052	14,543	12,783
Net Cash (Debt)	-38,141	-40,561	-52,834	-22,881	-13,815	-11,950
Net Cash Per Share	-24.11	-121.68	-211.33	-10.59	-6.92	-5.98
Filing Date Shares Outstanding	5,000	5,000	2,500	2,500	2,000	2,000
Total Common Shares Outstanding	5,000	5,000	2,500	2,500	2,000	2,000
Working Capital	-10,178	-11,732	-14,950	-3,030	-3,980	-4,125
Book Value Per Share	10.79	7.68	13.84	2.52	1.22	1.31
Tangible Book Value	44,655	30,741	25,775	4,861	993.01	-131.94
Tangible Book Value Per Share	8.93	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.