IST:MARBL 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	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	67.57	43.78	324.8	34.23	14.3	17.04
Cash & Short-Term Investments	67.57	43.78	324.8	34.23	14.3	17.04
Cash Growth	-20.26%	-86.52%	848.92%	139.29%	-16.04%	-
Accounts Receivable	374.35	274.36	225.8	140.51	75.03	41.07
Other Receivables	59.07	55.03	34.18	24.74	55.92	29.33
Receivables	433.42	329.39	259.97	165.24	130.95	70.4
Inventory	1,505	1,121	774.79	462.5	288.07	126.27
Prepaid Expenses	10.44	16.74	6.59	1.99	-	-
Other Current Assets	15.72	15.68	12.69	7.92	4.43	3.07
Total Current Assets	2,032	1,526	1,379	671.88	437.76	216.78
Property, Plant & Equipment	1,755	1,539	730.77	427	233.24	123.25
Long-Term Investments	-	11.16	8.21	1.27	0.35	2.5
Other Intangible Assets	78.35	36.16	13.38	15.3	12.18	7.41
Long-Term Deferred Tax Assets	66.12	40.18	34.37	27.87	22.64	12.42
Long-Term Deferred Charges	204.75	168.32	134.33	83.33	55.93	32.28
Other Long-Term Assets	183.66	156.16	91.58	47	17.37	8.1
Total Assets	4,320	3,477	2,391	1,274	779.47	402.73
Accounts Payable	498.74	449.06	280.69	196.29	121.32	51.65
Accrued Expenses	36.27	31.66	16.04	8.85	13.09	2.52
Short-Term Debt	162.2	112.76	113.55	107.06	112.55	74.45
Current Portion of Long-Term Debt	65.46	122.54	51.17	69.14	52.83	32.28
Current Portion of Leases	143.11	104.69	71.52	39.87	23.41	11.87
Current Income Taxes Payable	39.69	5.2	7.28	18.53	-	-
Current Unearned Revenue	160.74	169.35	124.49	75.83	58.23	23.32
Other Current Liabilities	46.9	44.56	34.27	64.35	7.61	6.95
Total Current Liabilities	1,153	1,040	699	579.93	389.04	203.05
Long-Term Debt	333.73	86.31	49.2	58.13	45.69	44.84
Long-Term Leases	180.85	184.38	137.92	113.05	71.93	45.46
Pension & Post-Retirement Benefits	38.71	24.29	15.17	18.47	5.1	3.82
Long-Term Deferred Tax Liabilities	0.19	38.31	39.24	33.74	26.41	3.27
Other Long-Term Liabilities	34.32	-	-	1.07	0.66	1.32
Total Liabilities	1,741	1,373	940.52	804.39	538.84	301.75
Common Stock	228.6	228.6	228.6	180	36	36
Additional Paid-In Capital	453.15	453.15	453.15	-	-	-
Retained Earnings	361.72	269.49	174.09	45.05	-8.54	-18.71
Comprehensive Income & Other	1,527	1,153	595.12	244.21	152.25	41.23
Total Common Equity	2,570	2,104	1,451	469.26	179.72	58.52
Minority Interest	8.94	-0.3	-	-	60.92	42.46
Shareholders' Equity	2,579	2,104	1,451	469.26	240.63	100.98
Total Liabilities & Equity	4,320	3,477	2,391	1,274	779.47	402.73
Total Debt	885.34	610.68	423.35	387.25	306.42	208.9
Net Cash (Debt)	-817.76	-566.89	-98.55	-353.02	-292.11	-191.86
Net Cash Per Share	-3.58	-2.48	-0.52	-10.70	-81.14	-53.30
Filing Date Shares Outstanding	228.6	228.6	228.6	180	3.6	3.6
Total Common Shares Outstanding	228.6	228.6	228.6	180	3.6	3.6
Working Capital	878.55	486.55	679.85	91.95	48.71	13.73
Book Value Per Share	11.24	9.20	6.35	2.61	49.92	16.26
Tangible Book Value	2,492	2,068	1,438	453.97	167.54	51.11
Tangible Book Value Per Share	10.90	9.05	6.29	2.52	46.54	14.20
Land	730.24	583.04	229.84	114.69	27.1	13.19
Buildings	250.35	212.79	149.1	86.28	52.52	22.45
Machinery	1,481	1,196	749.38	425.18	288.54	153.11
Construction In Progress	49.2	56	8.65	6.06	3.82	1.72
Leasehold Improvements	75.88	63.22	49.71	30.45	28.1	13.68

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