IST:AKFIS 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	1,208	791.49	651.95
Cash & Short-Term Investments	1,208	791.49	651.95
Cash Growth	52.65%	21.40%	-
Accounts Receivable	2,380	1,941	669.01
Other Receivables	313.82	982.78	222.94
Receivables	2,694	2,923	891.95
Inventory	543.06	475.71	307.64
Prepaid Expenses	239.49	379	52.53
Other Current Assets	4,987	5,218	5,060
Total Current Assets	9,671	9,788	6,964
Property, Plant & Equipment	194.4	233.29	303.95
Long-Term Investments	274.27	629.07	-
Other Intangible Assets	43,209	42,222	35,281
Long-Term Accounts Receivable	622.21	546.2	366.71
Long-Term Deferred Tax Assets	546.71	230.71	2,620
Other Long-Term Assets	3,614	3,738	3,550
Total Assets	58,132	57,387	49,087
Accounts Payable	2,046	1,691	1,002
Accrued Expenses	168.19	99.67	90.55
Short-Term Debt	-	2,718	234.69
Current Portion of Long-Term Debt	4,170	5,294	4,744
Current Portion of Leases	-	-	41.48
Current Income Taxes Payable	-	-	25.03
Current Unearned Revenue	106.2	212.19	658.91
Other Current Liabilities	24.45	71.96	74.77
Total Current Liabilities	6,515	10,087	6,871
Long-Term Debt	16,914	18,937	20,767
Long-Term Unearned Revenue	1,238	980.3	715.3
Pension & Post-Retirement Benefits	16.97	19.18	12.43
Long-Term Deferred Tax Liabilities	1,751	319.83	214.65
Other Long-Term Liabilities	0.03	0.03	0.02
Total Liabilities	26,435	30,343	28,580
Common Stock	636.58	569.74	569.74
Additional Paid-In Capital	5,132	2,107	1,610
Retained Earnings	17,647	15,963	12,013
Treasury Stock	-142.42	-	-
Comprehensive Income & Other	8,410	8,393	6,306
Total Common Equity	31,683	27,033	20,498
Minority Interest	13.96	11.44	8.21
Shareholders' Equity	31,697	27,045	20,506
Total Liabilities & Equity	58,132	57,387	49,087
Total Debt	21,084	26,948	25,787
Net Cash (Debt)	-19,876	-26,157	-25,135
Net Cash Per Share	-31.53	-45.91	-44.12
Filing Date Shares Outstanding	630.58	569.74	569.74
Total Common Shares Outstanding	630.58	569.74	569.74
Working Capital	3,156	-299.01	92.87
Book Value Per Share	50.24	47.45	35.98
Tangible Book Value	-11,526	-15,189	-14,783
Tangible Book Value Per Share	-18.28	-26.66	-25.95
Land	42.36	41.89	131.29
Machinery	471.57	466.61	347.98
Construction In Progress	2.14	1.17	0.84
Leasehold Improvements	245.37	243.9	181.9

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