Akmerkez Gayrimenkul Yatirim Ortakligi A.S. (IST: AKMGY)

IST: AKMGY Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	544.85	496.55	-159.35	649.12	56.87	81.56
Depreciation & Amortization	0.26	0.21	0.2	0.22	8.98	8.81
Gain (Loss) on Sale of Assets	-0.15	-0.15	-0.1	-0.02	-	-0.04
Asset Writedown	-176.06	-175.88	429.07	-545.71	-	-
Change in Accounts Receivable	1.93	-0.94	-4.64	3.32	-2.53	0.55
Change in Accounts Payable	-12.93	3.77	5.34	-0.05	-0.06	-0.54
Change in Other Net Operating Assets	11.17	4.62	15.72	-18.62	3.44	12.26
Other Operating Activities	-117.68	-67.47	-22.98	-6.72	-4.39	-5.25
Operating Cash Flow	250.88	260.2	263.79	81.42	62.44	98.07
Operating Cash Flow Growth	-51.87%	-1.36%	224.00%	30.40%	-36.34%	24.86%
Acquisition of Real Estate Assets	-29.47	-24.98	-8.7	-2.83	-1.47	-3.62
Sale of Real Estate Assets	0.4	0.4	1.06	0.08	-	0.22
Net Sale / Acq. of Real Estate Assets	-29.07	-24.58	-7.64	-2.75	-1.47	-3.41
Other Investing Activities	126.76	63.43	21.6	5.71	2.85	5.69
Investing Cash Flow	97.69	38.84	13.97	2.96	1.38	2.28
Common Dividends Paid	-260.47	-227	-240.64	-99.49	-48.44	-90.55
Net Cash Flow	80.54	72.03	37.12	-15.12	15.37	9.8
Levered Free Cash Flow	211.04	218.92	183.28	38.98	53.89	73.67
Unlevered Free Cash Flow	211.04	218.92	183.28	38.98	53.89	73.67
Change in Net Working Capital	3.77	-8.77	3.76	13.86	-15.59	-20.04

Source: S&P Capital IQ. Real Estate template. Financial Sources.