IST:VBTYZ 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	114.14	184.73	236.79	389.99	224.82	75.74
Trading Asset Securities	-	1.65	87.91	0.49	-	-
Cash & Short-Term Investments	114.14	186.38	324.69	390.47	224.82	75.74
Cash Growth	-58.70%	-42.60%	-16.85%	73.68%	196.83%	-
Accounts Receivable	288.97	299.12	287.59	172.66	20.61	11.97
Other Receivables	75.68	16.82	67.38	2.32	0.02	1.08
Receivables	364.65	315.94	354.97	174.98	20.62	13.05
Inventory	111.13	78.59	83.83	14.39	16.33	4.35
Prepaid Expenses	-	1.49	1.6	742.45	29.51	10.27
Other Current Assets	18.85	8.88	23.69	1.11	0.55	1
Total Current Assets	608.77	591.28	788.79	1,323	291.84	104.42
Property, Plant & Equipment	176.78	1,059	147.11	72.06	17.63	2.4
Long-Term Investments	80.41	41.18	57.23	28.13	8.88	0.02
Other Intangible Assets	1,260	-	0.01	0.02	0.01	0.01
Long-Term Accounts Receivable	-	44.34	22.5	-	-	-
Long-Term Deferred Tax Assets	-	4.96	-	-	-	-
Long-Term Deferred Charges	9.34	171.9	85.21	70.68	19.27	16.11
Other Long-Term Assets	1.99	0.77	1.18	47.54	4.96	1.63
Total Assets	2,137	1,914	1,102	1,542	342.58	124.59
Accounts Payable	271.44	20.23	79.9	205.4	126.91	47.29
Accrued Expenses	27.56	67.07	61.35	52.42	9.75	4.79
Short-Term Debt	0.01	0.28	1.12	-	-	-
Current Portion of Long-Term Debt	97.46	233.9	-	2.81	2.42	4.86
Current Portion of Leases	1.12	0.82	2.5	1.27	0.04	0.34
Current Income Taxes Payable	5.09	3.94	6.1	9.8	3.92	1.19
Current Unearned Revenue	69.19	140.45	198.28	754.9	44.9	13.34
Other Current Liabilities	19.31	102.99	2.51	12.56	7.96	0.16
Total Current Liabilities	491.19	569.67	351.75	1,039	195.9	71.97
Long-Term Debt	617.56	510.83	-	1.02	2.01	4.1
Long-Term Leases	5.28	5.28	3.73	4.08	0.34	0.47
Long-Term Unearned Revenue	-	54.25	3.78	40.46	0.54	1.24
Pension & Post-Retirement Benefits	17.54	6.61	12.79	9.89	3.27	2.5
Long-Term Deferred Tax Liabilities	20.79	0.05	7.01	13.93	1.13	1.18
Total Liabilities	1,152	1,147	379.06	1,109	203.2	81.45
Common Stock	117	117	117	26	26	20
Additional Paid-In Capital	38.82	30.95	229.15	217.48	65.19	-
Retained Earnings	551.18	421.72	188.5	90.17	58.16	23.45
Treasury Stock	-	-	-	-	-9.96	-
Comprehensive Income & Other	280.59	199.24	189.89	100.15	-0.01	-0.31
Total Common Equity	987.59	768.91	724.54	433.8	139.38	43.14
Minority Interest	-2.66	-1.69	-1.57	-0.51	-	-
Shareholders' Equity	984.93	767.22	722.97	433.29	139.38	43.14
Total Liabilities & Equity	2,137	1,914	1,102	1,542	342.58	124.59
Total Debt	721.43	751.1	7.35	9.18	4.81	9.77
Net Cash (Debt)	-607.29	-564.73	317.35	381.3	220.01	65.97
Net Cash Growth	-	-	-16.77%	73.31%	233.48%	-
Net Cash Per Share	-5.19	-4.83	2.71	3.26	1.88	0.73
Filing Date Shares Outstanding	117	117	117	117	117	90
Total Common Shares Outstanding	117	117	117	117	117	90
Working Capital	117.59	21.61	437.03	284.24	95.94	32.45
Book Value Per Share	8.44	6.57	6.19	3.71	1.19	0.48
Tangible Book Value	-272.42	768.91	724.54	433.78	139.38	43.13
Tangible Book Value Per Share	-2.33	6.57	6.19	3.71	1.19	0.48
Buildings	98.34	70.9	68.06	17.56	4.5	0.3
Machinery	179.44	139.4	124.42	72.71	14.2	3.66
Leasehold Improvements	20.35	16.09	16.09	10.96	-	-

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