IST:AKFIS 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	464.4	154.96	2,946
Depreciation & Amortization	46.75	65.08	83.44
Loss (Gain) From Sale of Assets	-	-	-41.1
Asset Writedown & Restructuring Costs	72.52	269.7	220.74
Loss (Gain) From Sale of Investments	-13,224	-13,894	-25,889
Provision & Write-off of Bad Debts	3.52	-6.14	53.8
Other Operating Activities	15,882	17,789	26,803
Change in Accounts Receivable	-804.29	-1,199	-577.21
Change in Inventory	19.24	-22.74	-42.94
Change in Accounts Payable	130.12	697.05	807.79
Change in Unearned Revenue	82.76	108.41	94.39
Change in Other Net Operating Assets	929.71	-1,966	148.75
Operating Cash Flow	3,602	1,996	4,608
Operating Cash Flow Growth	-21.83%	-56.68%	-
Capital Expenditures	-28.68	-33.24	-34.26
Sale of Property, Plant & Equipment	0.65	0.65	-
Sale (Purchase) of Real Estate	-	-	212.97
Investing Cash Flow	-163.21	-32.59	178.71
Long-Term Debt Issued	-	4,807	943.01
Long-Term Debt Repaid	-	-4,525	-3,750
Net Debt Issued (Repaid)	-4,804	281.45	-2,807
Other Financing Activities	-1,005	-2,164	-1,994
Financing Cash Flow	-2,928	-1,883	-4,801
Foreign Exchange Rate Adjustments	96.33	24.41	194.1
Miscellaneous Cash Flow Adjustments	-213.49	-151.07	-328.73
Net Cash Flow	394.18	-46.05	-148.63
Free Cash Flow	3,573	1,963	4,574
Free Cash Flow Growth	-21.87%	-57.08%	-
Free Cash Flow Margin	50.60%	26.25%	135.08%
Free Cash Flow Per Share	5.81	3.44	8.03
Cash Interest Paid	1,710	2,261	2,087
Cash Income Tax Paid	-	-138.04	18.42
Levered Free Cash Flow	-	6,353	-
Unlevered Free Cash Flow	-	7,958	-
Change in Working Capital	357.54	-2,383	430.77

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