Zorlu Enerji Elektrik Üretim A.S. (IST:ZOREN)

IST:ZOREN 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,803	1,542	2,792	3,799	1,171	728.31
Accounts Receivable	11,117	9,267	11,146	13,520	3,541	1,774
Other Receivables	1,370	199.58	397.5	585.44	146.4	120.92
Inventory	514.19	467.77	767.18	1,174	239.03	131.17
Prepaid Expenses	216.04	155.9	120.46	87.01	19.94	32.53
Loans Receivable Current	-	1,016	1,625	2,040	907.08	931.38
Other Current Assets	5,275	762.63	11,778	1,385	447.13	329.69
Total Current Assets	21,295	13,410	28,626	22,591	6,471	4,048
Property, Plant & Equipment	63,040	55,872	59,240	57,591	18,950	10,647
Goodwill	-	-	-	-	402.24	402.24
Other Intangible Assets	11,902	10,488	11,061	8,819	1,048	1,050
Long-Term Investments	2,973	5,752	6,948	3,418	1,181	681.61
Long-Term Loans Receivable	15,266	12,393	15,974	10,964	2,583	957.77
Long-Term Deferred Tax Assets	11,195	10,577	6,856	1,701	671.75	488.84
Long-Term Deferred Charges	-	-	-	-	51.32	54.74
Long-Term Accounts Receivable	10,796	10,249	11,639	11,315	3,403	2,657
Other Long-Term Assets	16.85	44.82	1,885	1,346	664.94	415.96
Total Assets	136,485	118,785	142,229	117,745	35,426	21,403
Accounts Payable	9,139	5,077	5,602	9,488	2,190	1,815
Accrued Expenses	301.94	610.73	760.8	406.74	194.97	142.45
Short-Term Debt	1,436	1,479	2,393	4,484	1,271	1,595
Current Portion of Long-Term Debt	10,191	9,637	21,832	14,637	4,394	2,875
Current Unearned Revenue	1,275	948.35	2,717	2,112	144.22	91.55
Current Portion of Leases	111.04	79.76	180.45	183.77	50.89	19.92
Current Income Taxes Payable	282.94	15.18	153.3	221.26	5.76	56.49
Other Current Liabilities	3,556	2,291	11,926	6,008	1,252	1,433
Total Current Liabilities	26,294	20,138	45,565	37,540	9,502	8,028
Long-Term Debt	41,959	34,268	36,519	37,000	18,181	10,018
Long-Term Leases	347.19	265.17	428.34	328.29	155.84	35.16
Long-Term Unearned Revenue	418.95	742.61	-	-	-	-
Pension & Post-Retirement Benefits	605.63	444.14	413.53	288.7	68.3	44
Long-Term Deferred Tax Liabilities	4,007	4,263	3,742	8,053	1,331	736.94
Other Long-Term Liabilities	18.6	15.83	16.12	13.24	6.37	243.45
Total Liabilities	73,650	60,137	86,684	83,224	29,245	19,105
Common Stock	5,000	5,000	5,000	2,500	2,500	2,000
Additional Paid-In Capital	54.82	46.98	46.98	9.96	1.45	0.92
Retained Earnings	50,006	50,020	51,698	24,291	-1,094	-888.11
Comprehensive Income & Other	7,774	3,580	-1,301	7,793	4,903	1,332
Total Common Equity	62,834	58,647	55,444	34,595	6,310	2,445
Minority Interest	0.38	0.46	101.58	-74.29	-128.57	-147.93
Shareholders' Equity	62,834	58,648	55,546	34,521	6,182	2,297
Total Liabilities & Equity	136,485	118,785	142,229	117,745	35,426	21,403
Total Debt	54,045	45,729	61,353	56,633	24,052	14,543
Net Cash (Debt)	-51,242	-44,187	-58,561	-52,834	-22,881	-13,815
Net Cash Per Share	-10.30	-8.84	-11.71	-18.98	-10.59	-6.92
Filing Date Shares Outstanding	4,977	5,000	5,000	2,500	2,500	2,000
Total Common Shares Outstanding	4,977	5,000	5,000	2,500	2,500	2,000
Working Capital	-4,998	-6,728	-16,938	-14,950	-3,030	-3,980
Book Value Per Share	12.63	11.73	11.09	13.84	2.52	1.22
Tangible Book Value	50,932	48,160	44,383	25,775	4,861	993.01
Tangible Book Value Per Share	10.23	9.63	8.88	10.31	1.94	0.50
Land	-	1,387	1,335	1,058	350.91	179.22
Buildings	-	877.23	924.59	609.76	154.68	79.4
Machinery	-	48,524	52,242	51,635	19,993	11,867
Construction In Progress	-	3,119	2,678	2,351	871.45	525.48

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.