Türk Hava Yollari Anonim Ortakligi (TKHVY)

TKHVY Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	95,992	20,115	76,192	35,679	13,293
Short-Term Investments	76,069	13,041	11,500	-	-
Trading Asset Securities	42,087	144,528	501	69	131
Cash & Short-Term Investments	214,148	177,684	88,193	35,748	13,424
Cash Growth	20.52%	101.47%	146.71%	166.30%	-8.71%
Accounts Receivable	31,908	25,192	18,618	12,323	4,672
Other Receivables	14,641	10,639	5,357	2,218	2,431
Receivables	46,549	35,831	23,975	14,541	7,103
Inventory	23,661	12,311	6,196	3,481	2,236
Prepaid Expenses	4,438	3,445	2,102	998	749
Restricted Cash	5,124	6,629	2,120	1,121	289
Other Current Assets	47,990	15,995	12,509	9,908	6,858
Total Current Assets	341,910	251,895	135,095	65,797	30,659
Property, Plant & Equipment	870,704	677,159	396,988	259,576	138,896
Long-Term Investments	61,960	26,350	8,258	4,335	2,429
Goodwill	943	787	500	166	91
Other Intangible Assets	3,943	2,557	1,432	1,088	653
Long-Term Deferred Tax Assets	14,198	9,763	32	14	3
Long-Term Deferred Charges	1,867	1,594	1,068	896	437
Other Long-Term Assets	104,081	78,838	35,198	21,836	14,234
Total Assets	1,399,606	1,048,943	578,571	353,708	187,402
Accounts Payable	52,792	38,060	22,482	11,896	6,322
Accrued Expenses	48,541	34,130	11,346	5,926	2,884
Short-Term Debt	55,536	39,662	19,821	11,895	11,335
Current Portion of Long-Term Debt	10,319	18,252	20,642	19,479	8,941
Current Portion of Leases	64,571	51,917	29,756	22,305	12,684
Current Income Taxes Payable	-	-	58	211	-
Current Unearned Revenue	104,054	79,776	44,840	16,877	4,511
Other Current Liabilities	3,720	5,011	5,095	1,854	702
Total Current Liabilities	339,533	266,808	154,040	90,443	47,379
Long-Term Debt	1,176	13,927	20,886	31,152	19,677
Long-Term Leases	358,353	296,435	171,913	114,495	70,317
Long-Term Unearned Revenue	4,629	3,185	2,022	1,224	799
Long-Term Deferred Tax Liabilities	2,285	1,477	41,584	22,889	8,214
Other Long-Term Liabilities	4,893	3,247	1,576	1,349	521
Total Liabilities	719,594	591,831	397,144	263,058	147,891
Common Stock	1,380	1,380	1,380	1,380	1,380
Retained Earnings	343,157	229,800	66,802	19,370	11,156
Treasury Stock	-853	-655	-	-	-
Comprehensive Income & Other	336,203	226,732	113,240	69,890	26,966
Total Common Equity	679,887	457,257	181,422	90,640	39,502
Minority Interest	125	-145	5	10	9
Shareholders' Equity	680,012	457,112	181,427	90,650	39,511
Total Liabilities & Equity	1,399,606	1,048,943	578,571	353,708	187,402
Total Debt	489,955	420,193	263,018	199,326	122,954
Net Cash (Debt)	-275,807	-242,509	-174,825	-163,578	-109,530
Net Cash Per Share	-199.87	-175.74	-126.68	-118.53	-79.37
Filing Date Shares Outstanding	1,380	1,380	1,380	1,380	1,380
Total Common Shares Outstanding	1,380	1,380	1,380	1,380	1,380
Working Capital	2,377	-14,913	-18,945	-24,646	-16,720
Book Value Per Share	492.69	331.36	131.47	65.68	28.62
Tangible Book Value	675,001	453,913	179,490	89,386	38,758
Tangible Book Value Per Share	489.15	328.93	130.07	64.77	28.09
Land	-	-	-	-	8,623
Buildings	57,328	45,744	29,914	21,990	-
Machinery	407,353	280,890	127,442	80,383	39,607
Construction In Progress	15,263	9,498	4,523	2,383	4,306
Leasehold Improvements	9,280	7,476	3,926	2,613	1,314

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.