Net Holding A.S. (IST:NTHOL)

Net Holding A.S. 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	3,493	2,099	2,951	1,827	1,210	332.66
Short-Term Investments	-	-	0.24	-	0.26	78.7
Trading Asset Securities	-	-	1	1.51	-	-
Cash & Short-Term Investments	3,493	2,099	2,953	1,829	1,210	411.36
Cash Growth	105.24%	-28.90%	61.47%	51.12%	194.15%	-17.80%
Accounts Receivable	981.02	775.94	175.31	336.43	214.95	132.76
Other Receivables	1,646	420.33	214.97	10.08	4.4	2.77
Receivables	2,628	1,196	390.28	346.5	219.35	136.69
Inventory	524.77	385.69	448.36	252.66	59.89	36.14
Prepaid Expenses	601.76	-	-	286.46	43.63	37.29
Other Current Assets	578.82	1,747	858.62	156.3	56.06	34.98
Total Current Assets	7,825	5,428	4,650	2,870	1,589	656.46
Property, Plant & Equipment	74,582	57,943	52,117	29,015	11,070	4,887
Long-Term Investments	28.87	23.02	23.02	15.94	189.37	170.09
Other Intangible Assets	941.29	665.77	578.02	319.85	61.37	3.1
Long-Term Deferred Tax Assets	108.31	80.26	881.4	1,820	329.78	104.17
Other Long-Term Assets	25,339	20,415	21,407	12,850	4,513	1,753
Total Assets	108,825	84,555	79,656	46,891	17,753	7,574
Accounts Payable	3,793	2,539	1,773	1,134	468.99	147.26
Accrued Expenses	750.79	833.93	495.62	225.64	54.47	31.74
Short-Term Debt	809.82	481.46	653.92	376.88	177.93	85.66
Current Portion of Long-Term Debt	3,493	2,627	2,547	1,921	951.08	495.76
Current Portion of Leases	-	84.18	128.69	234.79	128.71	59.06
Current Income Taxes Payable	720.65	413.78	16.9	16.92	7.05	4.62
Current Unearned Revenue	2,400	809.16	2,684	1,741	60.23	10.09
Other Current Liabilities	673.2	631.73	488.78	7.52	4.67	12.31
Total Current Liabilities	12,640	8,420	8,788	5,658	1,853	846.49
Long-Term Debt	4,320	3,001	2,874	2,843	1,979	1,219
Long-Term Leases	-	1,082	1,786	172.27	179.71	222.63
Long-Term Unearned Revenue	0.15	0.11	2.19	4.14	0	0.13
Pension & Post-Retirement Benefits	86.55	51.05	39.19	25.57	8.83	6.56
Long-Term Deferred Tax Liabilities	19,931	16,030	14,739	8,271	3,082	1,137
Other Long-Term Liabilities	557.45	323.32	2.93	36	12.84	0.11
Total Liabilities	37,536	28,907	28,232	17,010	7,116	3,432
Common Stock	500	500	563.88	563.88	563.88	563.88
Retained Earnings	25,389	19,295	16,009	8,862	2,123	775.24
Treasury Stock	-804.18	-413.2	-1,523	-939.7	-234.05	-503.64
Comprehensive Income & Other	41,907	33,165	33,222	19,731	7,451	3,206
Total Common Equity	66,993	52,547	48,272	28,218	9,904	4,041
Minority Interest	4,297	3,100	3,152	1,663	732.39	101.02
Shareholders' Equity	71,289	55,648	51,424	29,881	10,637	4,142
Total Liabilities & Equity	108,825	84,555	79,656	46,891	17,753	7,574
Total Debt	8,623	7,276	7,990	5,547	3,416	2,082
Net Cash (Debt)	-5,130	-5,177	-5,037	-3,719	-2,206	-1,671
Net Cash Per Share	-10.11	-9.32	-8.93	-7.83	-4.67	-4.89
Filing Date Shares Outstanding	500	467.75	468.28	474.81	472.06	341.95
Total Common Shares Outstanding	500	467.75	468.28	474.81	472.06	341.95
Working Capital	-4,815	-2,993	-4,138	-2,788	-264.2	-190.03
Book Value Per Share	133.99	112.34	103.08	59.43	20.98	11.82
Tangible Book Value	66,051	51,882	47,694	27,898	9,843	4,038
Tangible Book Value Per Share	132.10	110.92	101.85	58.76	20.85	11.81
Land	-	1,052	3,387	980.57	421.87	172.95
Buildings	-	57,320	44,648	24,607	8,955	3,918
Machinery	-	8,785	7,837	10,058	691.65	540.35
Construction In Progress	-	929.63	1,926	40.68	1,435	599.49
Leasehold Improvements	-	-	-	984.1	118.86	80.54

Source: S&P Global Market Intelligence. Standard template. Financial Sources.