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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	461.66	524.4	716.91	-159.35	649.12	56.87
Depreciation & Amortization	0.38	0.33	0.23	0.2	0.22	8.98
Gain (Loss) on Sale of Assets	-	-	-0.22	-0.1	-0.02	-
Asset Writedown	-211.2	-211.2	-253.93	429.07	-545.71	-
Change in Accounts Receivable	-9.67	-9.64	-1.35	-4.64	3.32	-2.53
Change in Accounts Payable	0.26	-12.61	5.44	5.34	-0.05	-0.06
Change in Other Net Operating Assets	-40.39	-1.06	6.68	15.72	-18.62	3.44
Other Operating Activities	158.17	182.79	29.02	-22.98	-6.72	-4.39
Operating Cash Flow	362.29	473.01	502.04	263.79	81.42	62.44
Operating Cash Flow Growth	167.71%	-5.78%	90.32%	224.00%	30.40%	-36.34%
Acquisition of Real Estate Assets	-29.18	-38.86	-36.07	-8.7	-2.83	-1.47
Sale of Real Estate Assets	-	-	0.58	1.06	0.08	-
Net Sale / Acq. of Real Estate Assets	-29.18	-38.86	-35.49	-7.64	-2.75	-1.47
Other Investing Activities	229.52	183.22	91.58	21.6	5.71	2.85
Investing Cash Flow	200.35	144.36	56.08	13.97	2.96	1.38
Common Dividends Paid	-548.74	-363.31	-327.75	-240.64	-99.49	-48.44
Miscellaneous Cash Flow Adjustments	-4.15	-103.19	-126.37	-	-	-
Net Cash Flow	9.75	150.87	104	37.12	-15.12	15.37
Levered Free Cash Flow	399.18	304.45	311.79	183.28	38.98	53.89
Unlevered Free Cash Flow	399.73	304.45	311.79	183.28	38.98	53.89
Change in Working Capital	-49.81	-23.31	10.77	16.41	-15.34	0.85

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.