Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)

IST:MERIT 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	2.35	1.2	2.69	2.27	0.05	0.04
Cash & Short-Term Investments	2.35	1.2	2.69	2.27	0.05	0.04
Cash Growth	-42.58%	-55.19%	18.20%	4872.62%	14.81%	15.75%
Accounts Receivable	51.47	35.61	70.52	26	7.46	0.91
Other Receivables	-	5.01	-	7.14	-	12.95
Receivables	51.47	40.62	70.52	33.14	7.46	13.86
Prepaid Expenses	15.4	11.92	8.29	5.56	0.48	0.42
Other Current Assets	8.25	2.18	-	-	0.01	-
Total Current Assets	77.46	55.92	81.5	40.97	8	14.31
Long-Term Investments	15,637	9,740	6,221	2,616	947.39	34.67
Other Intangible Assets	-	-	-	-	-	0
Long-Term Deferred Tax Assets	1.94	0.9	1.8	1.15	0.22	0.23
Other Long-Term Assets	1.29	8.44	9.8	7.57	1.37	1.05
Total Assets	15,717	9,805	6,314	2,666	956.97	50.27
Accounts Payable	0.11	0.24	0.55	2.58	0.09	0.02
Accrued Expenses	1.8	2.4	0.69	0.51	3.43	0.46
Current Income Taxes Payable	28.44	15.7	14.89	10.98	1.32	0.66
Other Current Liabilities	3.67	-	32.63	0.13	-	0.48
Total Current Liabilities	34.01	18.34	48.76	14.22	4.84	1.61
Pension & Post-Retirement Benefits	6.28	4.11	2.66	3.21	0.92	1.04
Long-Term Deferred Tax Liabilities	0.65	0.14	282.19	137.36	34.68	0.69
Total Liabilities	40.94	22.59	333.61	154.78	40.44	3.34
Common Stock	336.6	336.6	28.05	28.05	28.05	2.55
Additional Paid-In Capital	810.66	646.31	954.86	661.35	194.48	-
Retained Earnings	6,554	3,821	256.8	133.71	30.02	26.12
Comprehensive Income & Other	7,975	4,979	4,741	1,688	663.99	18.26
Total Common Equity	15,676	9,783	5,981	2,511	916.53	46.93
Minority Interest	0	0	0	0	-	-
Shareholders' Equity	15,676	9,783	5,981	2,511	916.53	46.93
Total Liabilities & Equity	15,717	9,805	6,314	2,666	956.97	50.27
Net Cash (Debt)	2.35	1.2	2.69	2.27	0.05	0.04
Net Cash Growth	-42.58%	-55.19%	18.20%	4872.62%	14.81%	15.75%
Net Cash Per Share	0.01	0.00	0.01	0.01	0.00	0.00
Filing Date Shares Outstanding	336.6	336.6	336.6	336.6	336.6	30.6
Total Common Shares Outstanding	336.6	336.6	336.6	336.6	336.6	30.6
Working Capital	43.45	37.58	32.73	26.76	3.15	12.7
Book Value Per Share	46.57	29.06	17.77	7.46	2.72	1.53
Tangible Book Value	15,676	9,783	5,981	2,511	916.53	46.93
Tangible Book Value Per Share	46.57	29.06	17.77	7.46	2.72	1.53

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