Karsan Otomotiv Sanayii ve Ticaret A.S. (IST:KARSN)

IST:KARSN Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	352.49	1,178	1,483	73.71	103.06	69.84
Cash & Short-Term Investments	352.49	1,178	1,483	73.71	103.06	69.84
Cash Growth	-58.74%	-20.55%	1911.92%	-28.48%	47.57%	47.84%
Accounts Receivable	3,813	4,571	3,073	2,798	997.84	1,106
Other Receivables	321.45	91.37	526.75	216.19	65.78	5.6
Receivables	4,134	4,663	3,599	3,014	1,064	1,112
Inventory	3,987	1,624	2,267	1,688	328.8	191.31
Prepaid Expenses	1,400	18.29	8.17	16.57	7.55	5.02
Other Current Assets	952.81	160.34	606.29	637.54	422.31	166.88
Total Current Assets	10,826	7,643	7,964	5,430	1,925	1,545
Property, Plant & Equipment	5,350	4,151	3,960	4,149	784.82	543.24
Long-Term Investments	65.39	51.85	352.78	275.32	145.06	120.69
Goodwill	35.83	-	-	47.21	10.65	10.65
Other Intangible Assets	922.24	834.92	839.31	261.81	84.18	4.66
Long-Term Accounts Receivable	-	71.36	319.17	789.93	227.16	-
Long-Term Deferred Tax Assets	242.47	115.45	327.93	-	97.33	53.3
Long-Term Deferred Charges	2,302	1,805	1,426	1,222	262.89	281.88
Other Long-Term Assets	347.89	449.45	643.03	161.24	199.86	157.41
Total Assets	20,093	15,123	15,831	12,337	3,737	2,717
Accounts Payable	2,258	2,232	2,551	1,576	479.16	307.64
Accrued Expenses	225.35	257.3	549.15	136.4	51.84	25.46
Short-Term Debt	6,855	3,754	3,339	3,270	1,003	417.26
Current Portion of Long-Term Debt	842.88	683.93	1,024	774.13	465.24	272.31
Current Portion of Leases	35.65	104.36	35.07	16.02	11.97	22.64
Current Income Taxes Payable	0.29	6.58	-	3.62	0.62	0.68
Current Unearned Revenue	1,315	509.81	565.8	63.3	22.85	4.97
Other Current Liabilities	429.13	208.81	468.23	113.35	102.98	53.73
Total Current Liabilities	11,962	7,757	8,531	5,953	2,137	1,105
Long-Term Debt	1,348	1,430	1,073	1,060	502.57	805.07
Long-Term Leases	2.9	12.03	25.1	26.78	20.38	15.88
Long-Term Unearned Revenue	67.89	63.76	88.03	29.24	0.83	-
Pension & Post-Retirement Benefits	283.4	205.8	223.9	216.95	61.58	40.15
Long-Term Deferred Tax Liabilities	-	-	-	197.4	-	-
Other Long-Term Liabilities	319.96	164.44	658.81	138.42	20.56	22.98
Total Liabilities	13,984	9,632	10,600	7,622	2,743	1,989
Common Stock	900	900	900	900	900	900
Additional Paid-In Capital	180.05	143.55	143.55	107.04	6.78	6.78
Retained Earnings	-8,598	-6,315	-6,216	-3,732	-293.7	-392.59
Comprehensive Income & Other	13,627	10,762	10,356	7,390	376.66	219.21
Total Common Equity	6,109	5,490	5,183	4,665	989.74	733.4
Minority Interest	-	-	47.88	49.9	4.16	-5.23
Shareholders' Equity	6,109	5,490	5,231	4,715	993.89	728.17
Total Liabilities & Equity	20,093	15,123	15,831	12,337	3,737	2,717
Total Debt	9,085	5,984	5,496	5,147	2,003	1,533
Net Cash (Debt)	-8,732	-4,805	-4,013	-5,073	-1,900	-1,463
Net Cash Per Share	-9.70	-5.34	-4.46	-5.64	-2.11	-1.63
Filing Date Shares Outstanding	900	900	900	900	900	900
Total Common Shares Outstanding	900	900	900	900	900	900
Working Capital	-1,135	-113.5	-567.76	-522.77	-212.13	440.41
Book Value Per Share	6.79	6.10	5.76	5.18	1.10	0.81
Tangible Book Value	5,151	4,655	4,344	4,356	894.91	718.09
Tangible Book Value Per Share	5.72	5.17	4.83	4.84	0.99	0.80
Land	2,791	2,343	2,235	1,616	262.54	140.88
Buildings	1,360	1,005	1,004	698.43	182.48	116.65
Machinery	2,675	1,074	898.65	1,849	329.75	312.71
Construction In Progress	312.05	-	-	1,298	253.05	196.13
Leasehold Improvements	-	51.3	21.08	11.89	3.13	0.44

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.