IST:ACSEL Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-67.17	-47.32	51.67	89.08	35.06
Depreciation & Amortization	38.33	25.62	6.88	1	0.66
Asset Writedown & Restructuring Costs	1.07	12.49	14.79	-37.87	-13.39
Loss (Gain) From Sale of Investments	-	-0	-	-2.15	-
Other Operating Activities	35.84	49.57	-41.43	0.78	6.19
Change in Accounts Receivable	-7.5	-106.78	-67.93	4.35	-21.57
Change in Inventory	33.94	80.81	58.07	-46.12	-21.43
Change in Accounts Payable	3.5	-5.88	61.51	0.76	14.08
Change in Unearned Revenue	5.21	-0.3	-0.95	-5.64	7.54
Change in Other Net Operating Assets	47.2	-70.42	148.47	-45.57	-1.69
Operating Cash Flow	90.43	-62.21	231.08	-41.37	5.46
Operating Cash Flow Growth	-	-	-	-	14.71%
Capital Expenditures	-8.95	-18.92	-258.11	-8.86	-0.6
Sale of Property, Plant & Equipment	-	-	0.04	-	-
Sale (Purchase) of Intangibles	-1.45	-0.2	-0.04	-0.02	-0.1
Sale (Purchase) of Real Estate	-	-	-0.32	-0.08	-0.1
Other Investing Activities	44.4	-18.17	0.05	1.81	0.36
Investing Cash Flow	34	-37.29	-258.38	-7.14	-0.44
Long-Term Debt Issued	64.45	224.04	66.45	44.35	-
Total Debt Issued	64.45	224.04	66.45	44.35	-
Long-Term Debt Repaid	-141.75	-77.23	-	-	-
Total Debt Repaid	-141.75	-77.23	-	-	-
Net Debt Issued (Repaid)	-77.31	146.82	66.45	44.35	-
Issuance of Common Stock	-	-	0.02	0.59	-
Common Dividends Paid	-	-2.91	-2.63	-1.29	-0.96
Other Financing Activities	-27.03	-38.81	-38.12	-2.08	-0.27
Financing Cash Flow	-104.33	105.09	25.73	41.57	-1.23
Foreign Exchange Rate Adjustments	-	-	-4.07	-	-
Miscellaneous Cash Flow Adjustments	-2.18	1.72	-	-	-
Net Cash Flow	17.92	7.31	-5.64	-6.94	3.78
Free Cash Flow	81.48	-81.13	-27.03	-50.23	4.86
Free Cash Flow Growth	-	-	-	-	19.94%
Free Cash Flow Margin	11.88%	-9.12%	-4.19%	-15.29%	4.37%
Free Cash Flow Per Share	7.60	-7.57	-2.52	-4.68	0.45
Cash Interest Paid	27.03	38.81	38.12	2.08	0.27
Cash Income Tax Paid	0.12	-8.37	9.36	19.06	2.9
Levered Free Cash Flow	136.63	-215.48	-293.81	-28.55	-6.77
Unlevered Free Cash Flow	173.33	-159.45	-269.99	-26.97	-6.71
Change in Working Capital	82.36	-102.57	199.17	-92.22	-23.06

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