Hedef Holding A.S 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	Jun '25 Jun 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	2.61	0.55	9.15	4.66	0.5	1.47
Short-Term Investments	62.84	-	-	-	130.9	-
Trading Asset Securities	-	14.3	152.72	27.44	-	44.38
Cash & Short-Term Investments	65.45	14.85	161.87	32.1	131.4	45.85
Cash Growth	402.86%	-90.83%	404.20%	-75.57%	186.59%	-
Accounts Receivable	7.84	0.6	0.55	-	0.02	-
Other Receivables	0.23	0.03	0.13	0.02	14	0.08
Receivables	8.08	0.63	0.68	0.02	14.02	0.08
Prepaid Expenses	61.19	2.91	3.01	1.29	0.13	0
Other Current Assets	4.32	5.87	2.76	30.62	3.57	0.25
Total Current Assets	139.04	24.25	168.32	64.04	149.13	46.18
Property, Plant & Equipment	42.39	39.53	12.51	7.54	1.88	1.14
Long-Term Investments	3,800	3,078	4,194	3,940	674.31	382.77
Other Intangible Assets	0.32	0.17	0.08	0.07	-	-
Other Long-Term Assets	78.19	48.58	59.6	4.74	0.7	-
Total Assets	4,060	3,190	4,435	4,016	826.02	430.1
Accounts Payable	1.2	0.96	6.27	0.19	0.3	0.06
Accrued Expenses	1.44	1.13	1.14	1.42	0.11	0
Short-Term Debt	105	0.01	-	-	-	0
Current Portion of Leases	8.25	7.01	1.88	0.89	0.2	0.16
Current Income Taxes Payable	-	-	2.18	0.25	-	0.08
Other Current Liabilities	550.05	48.69	0.72	0.03	-	0.01
Total Current Liabilities	665.94	57.81	12.18	2.78	0.61	0.3
Long-Term Leases	10.54	9.05	4.53	2.81	0.3	0.29
Long-Term Deferred Tax Liabilities	422.02	444.14	545.48	516.81	88.68	79.59
Other Long-Term Liabilities	-	-	-	-0	-	-
Total Liabilities	1,099	511.45	562.41	522.44	89.59	80.21
Common Stock	1,875	1,875	375	375	300	27
Additional Paid-In Capital	1,068	-	-	-	45.32	-
Retained Earnings	17.57	156.11	2,005	2,191	391.12	322.88
Treasury Stock	-	-	-14.57	-	-	-
Comprehensive Income & Other	0	647.66	1,506	928.02	0	0
Shareholders' Equity	2,961	2,679	3,872	3,494	736.43	349.88
Total Liabilities & Equity	4,060	3,190	4,435	4,016	826.02	430.1
Total Debt	123.8	16.06	6.41	3.7	0.51	0.45
Net Cash (Debt)	-58.34	-1.21	155.46	28.4	130.89	45.4
Net Cash Growth	-	-	447.34%	-78.30%	188.30%	-
Net Cash Per Share	-	-0.00	0.08	0.02	0.07	-
Filing Date Shares Outstanding	-	1,875	1,873	1,875	3,750	-
Total Common Shares Outstanding	-	1,875	1,873	1,875	3,750	-
Working Capital	-526.9	-33.55	156.14	61.26	148.52	45.88
Book Value Per Share	-	1.43	2.07	1.86	0.20	-
Tangible Book Value	2,961	2,679	3,872	3,493	736.43	349.88
Tangible Book Value Per Share	-	1.43	2.07	1.86	0.20	-
Machinery	-	6.41	3.44	3.2	1.54	-

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.