IST:AFYON 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	240.98	561.68	1,433	155.58	76.89
Depreciation & Amortization	444.37	445.77	321.17	205.98	31.29
Other Amortization	0.33	1.58	0.97	0.34	0.04
Loss (Gain) From Sale of Assets	-	-1.1	-0	-23.95	-40.68
Asset Writedown & Restructuring Costs	-	-	0.19	1.31	0.2
Provision & Write-off of Bad Debts	-1.08	0.01	-0.61	-	-
Other Operating Activities	116.36	243.93	-888.46	376.59	13.68
Change in Accounts Receivable	-395.54	-175.98	-260.71	-378.43	-30.51
Change in Inventory	-139.76	158.57	-71.28	53.26	-61.08
Change in Accounts Payable	237.66	118.73	216.89	366.51	17.02
Change in Other Net Operating Assets	110.32	195.09	-259.38	57.57	25.23
Operating Cash Flow	613.64	1,548	491.7	814.77	32.06
Operating Cash Flow Growth	-60.37%	214.88%	-39.65%	2441.10%	-48.33%
Capital Expenditures	-657.87	-400.82	-305.09	-256.65	-60.39
Sale of Property, Plant & Equipment	55.55	6.83	0.07	38.89	42.59
Other Investing Activities	-	-	-0	-	-1.85
Investing Cash Flow	-602.33	-393.99	-305.02	-217.76	-19.65
Short-Term Debt Issued	-	-	72.12	345.58	-
Long-Term Debt Issued	-	-	-	-	109.02
Total Debt Issued	-	-	72.12	345.58	109.02
Short-Term Debt Repaid	-	-50.09	-168.09	-379.59	-
Long-Term Debt Repaid	-17.38	-25.5	-	-	-123.48
Total Debt Repaid	-17.38	-75.59	-168.09	-379.59	-123.48
Net Debt Issued (Repaid)	-17.38	-75.59	-95.97	-34	-14.47
Common Dividends Paid	-475.7	-254.69	-165.49	-36.99	-
Other Financing Activities	305.25	415.65	81.55	-45.51	-11.53
Financing Cash Flow	-187.83	85.37	-179.9	-116.51	-26
Foreign Exchange Rate Adjustments	-325.64	-314.45	-	-	-
Miscellaneous Cash Flow Adjustments	-	-	-171.45	-78.47	-
Net Cash Flow	-502.16	925.2	-164.68	402.04	-13.58
Free Cash Flow	-44.23	1,147	186.61	558.12	-28.32
Free Cash Flow Growth	-	514.89%	-66.56%	-	-
Free Cash Flow Margin	-1.14%	27.05%	4.97%	22.73%	-6.85%
Free Cash Flow Per Share	-0.11	2.86	0.47	1.40	-0.07
Cash Interest Paid	3.81	14.57	28.12	75.11	12.81
Cash Income Tax Paid	85.89	112.89	121.71	-	-0.09
Levered Free Cash Flow	-34.07	847.11	175.63	52.1	-53.77
Unlevered Free Cash Flow	-33.76	855.83	193.21	94.77	-48.21
Change in Working Capital	-187.32	296.41	-374.48	98.91	-49.35

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.