IST:AKSUE Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-8.38	92.08	-0.39	-18.84
Depreciation & Amortization	22.99	21.81	17.2	2.46
Loss (Gain) on Sale of Assets	-	-	-7.64	-1.77
Change in Accounts Receivable	1.8	4.09	-0.71	-0.83
Change in Inventory	0.02	0	0	-0
Change in Accounts Payable	-0.24	0.15	-0.05	0.21
Change in Other Net Operating Assets	-1.62	10.1	-53.57	1.28
Other Operating Activities	11.13	-64.55	80.07	30.38
Operating Cash Flow	25.7	63.67	34.92	12.9
Operating Cash Flow Growth	-59.64%	82.36%	170.57%	-25.40%
Capital Expenditures	-11.35	-1.44	-83.78	-3.46
Sale of Property, Plant & Equipment	6.1	76.39	98.81	0.26
Sale (Purchase) of Intangibles	-0.01	-0.01	6.48	-
Other Investing Activities	-	-	-	1.7
Investing Cash Flow	-5.26	74.94	21.51	-1.5
Long-Term Debt Issued	19.38	-	-	4.02
Long-Term Debt Repaid	-51.58	-130.43	-72.68	-20.64
Net Debt Issued (Repaid)	-32.2	-130.43	-72.68	-16.62
Issuance of Common Stock	33	-	-	17.39
Other Financing Activities	6.7	-14.43	-4.95	-2.9
Financing Cash Flow	7.5	-144.85	-77.62	-2.12
Miscellaneous Cash Flow Adjustments	-	-	-0	-
Net Cash Flow	27.94	-6.24	-21.2	9.28
Free Cash Flow	14.35	62.23	-48.86	9.45
Free Cash Flow Growth	-76.94%	-	-	-16.94%
Free Cash Flow Margin	23.00%	84.53%	-75.95%	54.61%
Free Cash Flow Per Share	0.23	1.89	-1.48	0.29
Cash Interest Paid	7.48	14.46	6.71	2.9
Cash Income Tax Paid	10.03	7.42	1.78	1.6
Levered Free Cash Flow	10.18	22.46	-63.12	-0.75
Unlevered Free Cash Flow	14.86	33.87	-51.18	3.27
Change in Working Capital	-0.04	14.34	-54.34	0.66

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.