FRA:GBKB Cash Flow Statement

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	Sep '25 Sep 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
Net Income	108,390	91,243	86,375	58,285	13,467	6,656
Depreciation & Amortization	5,750	3,707	2,246	1,242	942.71	827.5
Other Amortization	-	-	-	-	-	171.57
Change in Trading Asset Securities	-7,081	-3,410	-3,179	1,894	382.14	-3,097
Change in Other Net Operating Assets	-1,029,808	-806,625	-518,598	-326,007	-193,670	-90,896
Other Operating Activities	25,956	13,228	-22,487	-9,572	-11,507	8,477
Operating Cash Flow	-896,794	-701,857	-455,644	-274,158	-190,386	-77,862
Capital Expenditures	-15,353	-9,430	-5,115	-2,130	-1,286	-1,902
Sale of Property, Plant and Equipment	5,643	2,036	861.37	304.44	667.95	803.75
Cash Acquisitions	-	-	-	-190.82	-	-
Investment in Securities	-47,017	-39,453	-77,509	-53,235	-11,788	-11,051
Other Investing Activities	-	-	-	-	-	6,964
Investing Cash Flow	-56,726	-46,847	-81,762	-55,251	-12,406	-5,185
Long-Term Debt Issued	-	154,718	60,266	45,197	46,948	22,795
Long-Term Debt Repaid	-	-46,110	-41,044	-18,220	-16,986	-17,451
Net Debt Issued (Repaid)	159,263	108,608	19,223	26,977	29,962	5,344
Common Dividends Paid	-18,435	-13,100	-8,776	-1,307	-623.8	-
Net Increase (Decrease) in Deposit Accounts	878,046	556,034	646,925	319,923	222,691	80,776
Other Financing Activities	-528.04	-241.39	-	-	-	-
Financing Cash Flow	1,018,346	651,300	657,371	345,592	252,029	86,120
Foreign Exchange Rate Adjustments	12,358	6,963	23,957	10,819	20,461	2,461
Net Cash Flow	77,184	-90,441	143,922	27,002	69,699	5,534
Free Cash Flow	-912,147	-711,287	-460,759	-276,288	-191,672	-79,764
Free Cash Flow Margin	-300.43%	-311.43%	-287.69%	-258.30%	-472.26%	-340.02%
Free Cash Flow Per Share	-217.18	-169.35	-109.70	-65.78	-45.64	-18.99
Cash Interest Paid	572,885	400,105	119,579	41,065	22,669	19,118
Cash Income Tax Paid	33,729	38,803	22,319	19,598	5,017	3,381

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