IST:VSNMD 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	FY null	FY null
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	509.38	32.06	98.85	21.78	63.86
Trading Asset Securities	-	-	13.27	-	-
Cash & Short-Term Investments	509.38	32.06	112.12	21.78	63.86
Cash Growth	1488.99%	-71.41%	414.73%	-65.89%	-
Accounts Receivable	270.52	249.34	191.99	181.13	187.14
Other Receivables	8.03	8.33	1.82	0.27	0.44
Receivables	278.55	257.67	193.82	181.4	187.58
Inventory	226.25	206.05	144.39	130.04	87.46
Prepaid Expenses	11.4	10.67	7.28	5.65	2.26
Other Current Assets	1.15	4.13	1.26	4.34	32.63
Total Current Assets	1,027	510.58	458.86	343.21	373.79
Property, Plant & Equipment	2,953	3,013	2,263	1,831	1,451
Long-Term Investments	-	0.31	0.23	0.25	1.35
Other Intangible Assets	1.49	0.86	0.7	0.61	0.72
Other Long-Term Assets	71.83	35.76	9.98	3.08	58.15
Total Assets	4,053	3,561	2,732	2,179	1,885
Accounts Payable	117.31	137.08	121.79	156.7	213.76
Accrued Expenses	38.62	54.44	36.8	24.09	18.8
Short-Term Debt	12.53	219.76	85.13	124.92	25.23
Current Portion of Long-Term Debt	-	11.91	47.53	115.85	109.63
Current Portion of Leases	2.59	12.33	4.18	-	-
Current Income Taxes Payable	10.34	3.82	9.06	0.76	0.04
Current Unearned Revenue	4.31	9.09	9.46	-	-
Other Current Liabilities	3	4.14	3.83	3.14	9.65
Total Current Liabilities	188.71	452.57	317.78	425.45	377.11
Long-Term Debt	-	-	12.85	107.68	299.35
Long-Term Leases	6.13	13.12	6.34	-	-
Pension & Post-Retirement Benefits	42.7	33.79	13.2	-	-
Long-Term Deferred Tax Liabilities	171.18	182.66	147.62	61.11	6.08
Other Long-Term Liabilities	-	-	3.76	9.92	7.37
Total Liabilities	408.72	682.14	501.55	604.16	689.91
Common Stock	117	100	100	32	32
Additional Paid-In Capital	753.83	24.28	28.43	26.75	26.75
Retained Earnings	1,346	1,254	910.59	710.37	385.04
Comprehensive Income & Other	1,427	1,501	1,192	805.34	751.5
Shareholders' Equity	3,644	2,879	2,231	1,574	1,195
Total Liabilities & Equity	4,053	3,561	2,732	2,179	1,885
Total Debt	21.25	257.12	156.03	348.44	434.2
Net Cash (Debt)	488.13	-225.06	-43.91	-326.66	-370.34
Net Cash Per Share	4.28	-2.25	-1.01	-10.21	-11.57
Filing Date Shares Outstanding	117	100	77.33	32	32
Total Common Shares Outstanding	117	100	77.33	32	32
Working Capital	838.01	58.02	141.08	-82.24	-3.33
Book Value Per Share	31.14	28.79	28.85	49.20	37.35
Tangible Book Value	3,642	2,878	2,230	1,574	1,195
Tangible Book Value Per Share	31.13	28.78	28.84	49.18	37.33
Land	151.36	151.36	115.63	-	-
Buildings	193.53	193.53	147.86	-	-
Machinery	2,503	2,481	1,849	-	-
Construction In Progress	511.33	287.63	32.84	-	-
Leasehold Improvements	27.35	27.35	19.05	-	-

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