IST:TNZTP 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
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
Cash & Equivalents	634.06	286.92	654.79	191.67	153.92
Short-Term Investments	-	-	4.47	135.02	-
Trading Asset Securities	3.85	39.78	7.78	-	0.38
Cash & Short-Term Investments	637.91	326.7	667.04	326.69	154.29
Cash Growth	87.38%	-51.02%	104.18%	111.73%	-
Accounts Receivable	377.74	235.45	240.44	104.4	41.5
Other Receivables	50.19	4.01	8.78	0.4	0.3
Receivables	427.93	239.46	249.22	104.79	41.8
Inventory	103.07	92.11	98.33	45.26	22
Prepaid Expenses	72.86	13.56	10.2	3.24	1.38
Other Current Assets	40.12	102.94	30.71	26.89	6.88
Total Current Assets	1,282	774.78	1,055	506.88	226.34
Property, Plant & Equipment	6,280	3,170	5,143	1,562	485.2
Long-Term Investments	-	-	-	1.37	-
Other Intangible Assets	1.13	1.31	1.64	0.48	0.03
Other Long-Term Assets	1,594	3,044	220.73	156.46	15.13
Total Assets	9,156	6,990	6,421	2,228	726.7
Accounts Payable	209.81	187.34	212.52	123.01	57.41
Accrued Expenses	106.45	80.37	72.24	35.31	10.73
Short-Term Debt	173.97	55.67	21.22	8.32	13.45
Current Portion of Long-Term Debt	82.99	75.16	144.17	8.68	13.21
Current Portion of Leases	7.12	115.67	142.67	12.33	6.22
Current Income Taxes Payable	70.82	11.8	8.63	1.42	4.08
Current Unearned Revenue	124.02	48.94	58.54	14.48	0.63
Other Current Liabilities	38.29	23.02	129.15	25.05	0.51
Total Current Liabilities	813.46	597.98	789.13	228.6	106.23
Long-Term Debt	52.67	110.85	234.46	-	5.36
Long-Term Leases	-	147.4	528.42	21.75	3.05
Long-Term Unearned Revenue	0.48	0.48	-	-	-
Pension & Post-Retirement Benefits	31.94	26.74	18.52	11.15	3.89
Long-Term Deferred Tax Liabilities	826.75	612.52	315.8	100.84	31.33
Other Long-Term Liabilities	14.91	16.03	48.35	78.75	2.41
Total Liabilities	1,740	1,512	1,935	441.08	152.27
Common Stock	400	128	128	100	100
Additional Paid-In Capital	774.6	614.91	609.1	36.54	2.4
Retained Earnings	5,473	4,245	2,985	1,274	147.75
Treasury Stock	-8.19	-91.11	-68	-	-
Comprehensive Income & Other	775.63	580.33	830.65	376.06	324.28
Total Common Equity	7,415	5,477	4,485	1,786	574.44
Minority Interest	1.46	1.16	1.16	-	-
Shareholders' Equity	7,416	5,478	4,486	1,786	574.44
Total Liabilities & Equity	9,156	6,990	6,421	2,228	726.7
Total Debt	316.75	504.74	1,071	51.07	41.28
Net Cash (Debt)	321.16	-178.05	-403.91	275.62	113.01
Net Cash Growth	-	-	-	143.89%	-
Net Cash Per Share	0.80	-0.45	-1.01	0.88	0.36
Filing Date Shares Outstanding	332.27	400	400	400	312.5
Total Common Shares Outstanding	332.27	400	400	400	312.5
Working Capital	468.42	176.8	266.36	278.28	120.11
Book Value Per Share	22.32	13.69	11.21	4.47	1.84
Tangible Book Value	7,414	5,476	4,483	1,786	574.4
Tangible Book Value Per Share	22.31	13.69	11.21	4.46	1.84
Land	3,707	1,182	1,948	772.58	241.84
Buildings	3,319	2,646	3,736	545.42	199.5
Machinery	1,498	1,022	889.25	536.93	74.17
Construction In Progress	1.19	0.58	64.92	0.25	0.04

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