IST:AKFGY 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	1,044	1,445	1,049	1,333	2,084	-240.42
Depreciation & Amortization	0.66	0.74	8.07	7.09	3.37	0.05
Other Amortization	-0	0.07	0.08	0.06	0.01	0
Gain (Loss) on Sale of Assets	-22.63	15.84	-7.22	-1.01	-	-
Gain (Loss) on Sale of Investments	-1,389	-1,389	-714.02	-	-	-
Asset Writedown	801.67	-	0.53	2.98	-2,516	-264.07
Income (Loss) on Equity Investments	4.37	1.69	-73.98	-222.27	2.19	-
Change in Accounts Receivable	-260.6	-139.33	2.35	-141.78	-42.16	-5.77
Change in Accounts Payable	32.72	295.44	71.35	-0.25	-3.76	-2.28
Change in Other Net Operating Assets	478.36	-613.5	118.54	1,487	-13.97	56.45
Other Operating Activities	579.9	772.7	1,125	-369.69	567.81	538.5
Operating Cash Flow	866.14	-387.52	1,281	1,420	82.13	83.99
Operating Cash Flow Growth	-	-	-9.80%	1629.30%	-2.21%	-54.09%
Acquisition of Real Estate Assets	-436.29	-888.41	-505.36	-5.37	-1.61	-2.11
Sale of Real Estate Assets	-766.85	3,014	-	1.5	-	-
Net Sale / Acq. of Real Estate Assets	-1,203	2,126	-505.36	-3.87	-1.61	-2.11
Cash Acquisition	-	-	-572.09	-785.96	-	-
Investment in Marketable & Equity Securities	-46.8	-182.49	-	-	-506.05	-
Other Investing Activities	16.75	8.41	7.22	-	-	-
Investing Cash Flow	-1,233	1,952	-1,070	-789.83	-507.72	-2.11
Long-Term Debt Issued	-	2,179	-	-	-	-
Long-Term Debt Repaid	-	-4,121	-515.64	-272.76	-501.02	-108.04
Net Debt Issued (Repaid)	-115.72	-1,941	-515.64	-272.76	-501.02	-108.04
Issuance of Common Stock	-	19.55	3,427	-	1,032	-
Repurchase of Common Stock	-82.01	-	-211.11	-	-	-
Other Financing Activities	-109.17	-328.71	-43.45	-276.7	-79.07	10.46
Foreign Exchange Rate Adjustments	159.41	219.04	105.2	20.75	25.68	-
Miscellaneous Cash Flow Adjustments	-260.95	-965.5	-108.99	-77.04	-	-
Net Cash Flow	-775.43	-1,433	2,864	24.78	51.9	-15.7
Cash Interest Paid	188.61	453.43	480.73	282.87	115.15	42.44
Cash Income Tax Paid	19.71	11.72	7.54	-4.97	3.75	7.09
Levered Free Cash Flow	-686.13	1,071	-1,840	150.33	-98.53	-19.37
Unlevered Free Cash Flow	-519.13	1,299	-1,130	481.65	-19.94	72.37
Change in Working Capital	-151.99	-1,234	-105.56	670.38	-58.9	49.94

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