IST:AKFIS 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	1,686	202.83	2,946
Depreciation & Amortization	59.35	85.19	83.44
Loss (Gain) From Sale of Assets	-	-	-41.1
Asset Writedown & Restructuring Costs	186.98	353.02	220.74
Loss (Gain) From Sale of Investments	-18,444	-18,186	-25,889
Provision & Write-off of Bad Debts	0.87	-9.98	53.8
Other Operating Activities	20,758	23,287	26,803
Change in Accounts Receivable	-991.1	-1,646	-577.21
Change in Inventory	-45.72	-29.76	-42.94
Change in Accounts Payable	939.97	912.38	807.79
Change in Unearned Revenue	136.28	141.9	94.39
Change in Other Net Operating Assets	370	-2,497	148.75
Operating Cash Flow	4,656	2,613	4,608
Operating Cash Flow Growth	78.21%	-43.30%	-
Capital Expenditures	-35.14	-43.51	-34.26
Sale of Property, Plant & Equipment	-	0.85	-
Sale (Purchase) of Real Estate	-8.1	-	212.97
Investment in Securities	-141.06	-	-
Investing Cash Flow	-184.31	-42.66	178.71
Long-Term Debt Issued	185.11	6,292	943.01
Long-Term Debt Repaid	-5,792	-5,923	-3,750
Net Debt Issued (Repaid)	-5,607	368.4	-2,807
Issuance of Common Stock	3,109	-	-
Repurchase of Common Stock	-142.42	-	-
Other Financing Activities	-1,258	-2,833	-1,994
Financing Cash Flow	-3,898	-2,465	-4,801
Foreign Exchange Rate Adjustments	141.21	31.95	194.1
Miscellaneous Cash Flow Adjustments	-295.4	-197.73	-328.73
Net Cash Flow	419.73	-60.28	-148.63
Free Cash Flow	4,621	2,569	4,574
Free Cash Flow Growth	79.86%	-43.83%	-
Free Cash Flow Margin	47.48%	26.25%	135.08%
Free Cash Flow Per Share	7.33	4.51	8.03
Cash Interest Paid	2,063	2,959	2,087
Cash Income Tax Paid	-25.92	-180.68	18.42
Levered Free Cash Flow	11,041	6,937	-
Unlevered Free Cash Flow	12,390	9,038	-
Change in Working Capital	409.43	-3,119	430.77

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