IST:AGYO 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	-692.75	-424.34	933.59	1,312	80.58	1.27
Depreciation & Amortization	13.53	12.25	11	6.37	1.65	1.69
Gain (Loss) on Sale of Assets	0.43	-3.41	-0.53	-	-	-
Gain (Loss) on Sale of Investments	-6.92	4.13	5.92	-	-	-
Asset Writedown	315.72	315.72	-933.52	-1,340	-79.43	-3.7
Change in Accounts Receivable	21.16	15.99	-2.93	-1.91	-1.61	-0.45
Change in Accounts Payable	-1.32	2.99	4.5	1.71	-1.45	-0.63
Change in Other Net Operating Assets	-42.05	10.43	98.84	-0.67	5.75	2.94
Other Operating Activities	470.75	153.48	-103.65	40.72	-0.5	1.87
Operating Cash Flow	78.97	88.34	13.76	20.37	5.51	3.65
Operating Cash Flow Growth	29.68%	541.98%	-32.45%	269.44%	51.06%	-
Acquisition of Real Estate Assets	-37.42	-56.3	-45.64	-23.5	-2.52	-1.45
Sale of Real Estate Assets	-0.65	7.07	2.44	-	-	-
Net Sale / Acq. of Real Estate Assets	-38.07	-49.23	-43.21	-23.5	-2.52	-1.45
Investing Cash Flow	-38.07	-49.23	-43.21	-23.5	-2.52	-1.45
Long-Term Debt Issued	-	-	-	-	-	6.7
Total Debt Issued	-	-	-	-	-	6.7
Short-Term Debt Repaid	-	-0.06	-1.93	-1.4	-0.33	-0.34
Long-Term Debt Repaid	-	-1.88	-2.89	-1.28	-0.95	-8.51
Total Debt Repaid	-0.23	-1.94	-4.82	-2.68	-1.28	-8.85
Net Debt Issued (Repaid)	-0.23	-1.94	-4.82	-2.68	-1.28	-2.14
Issuance of Common Stock	-	-	-	-	6.04	-
Common Dividends Paid	-32.02	-32.02	-	-	-	-
Other Financing Activities	9.68	7.38	3.29	3.41	0.79	-0.32
Miscellaneous Cash Flow Adjustments	4.56	6.21	10.15	-	-	-
Net Cash Flow	22.89	18.74	-20.83	-2.4	8.54	-0.26
Cash Interest Paid	0.51	0.09	0.16	0.08	0.04	0.39
Cash Income Tax Paid	-	-169.6	0.12	0.29	-	-
Levered Free Cash Flow	53.64	60.94	9.6	-10.95	-1.71	1.54
Unlevered Free Cash Flow	53.96	61	9.7	-10.73	-1.65	1.81
Change in Working Capital	-21.12	30.41	100.91	-0.88	2.7	1.85

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