IST:ALCTL 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-66.86	256.4	-143.43	235.95	51.78
Depreciation & Amortization	107.66	29.47	22.78	26.96	8.65
Loss (Gain) on Equity Investments	-	-	-	-4.06	0.02
Provision & Write-off of Bad Debts	-	-	-33.34	7.32	5.06
Other Operating Activities	541	38.5	487.01	136.41	-74.76
Change in Accounts Receivable	303.22	-840.3	683.4	-317.48	-62.76
Change in Inventory	23.88	-125.01	-138.28	-51.96	-60.76
Change in Accounts Payable	176.48	473.88	-363.01	220.45	-79.92
Change in Unearned Revenue	-204.81	18.53	-88.39	-127.95	34.69
Change in Other Net Operating Assets	-89.89	16.08	-97.9	42.98	69.48
Operating Cash Flow	790.7	-132.46	328.85	168.62	-108.52
Operating Cash Flow Growth	-	-	95.03%	-	-
Capital Expenditures	-4.44	-5.4	-5.03	-9.24	-1.93
Sale of Property, Plant & Equipment	-	0.15	1.23	0.66	1.95
Sale (Purchase) of Intangibles	-	-0.62	-5.26	-0.09	-0.22
Investment in Securities	-	-	-	5.19	-
Investing Cash Flow	-4.44	-5.87	-9.05	-3.48	-0.19
Long-Term Debt Repaid	-162.46	-52.47	-83.87	-35.15	-35.85
Total Debt Repaid	-162.46	-52.47	-83.87	-35.15	-35.85
Net Debt Issued (Repaid)	-162.46	-52.47	-83.87	-35.15	-35.85
Financing Cash Flow	-162.46	-52.47	-83.87	-35.15	-35.85
Foreign Exchange Rate Adjustments	-64.95	82.5	424.18	158.45	178.54
Net Cash Flow	558.86	-108.3	660.1	288.44	33.98
Free Cash Flow	786.26	-137.86	323.82	159.37	-110.44
Free Cash Flow Growth	-	-	103.18%	-	-
Free Cash Flow Margin	14.58%	-3.04%	12.67%	6.99%	-8.44%
Free Cash Flow Per Share	20.32	-3.56	8.37	4.12	-2.85
Cash Income Tax Paid	63.87	223.03	216.79	113.79	17.32
Levered Free Cash Flow	29.95	-454.55	-50.14	175.98	-410.15
Unlevered Free Cash Flow	44.62	-454.55	-46.66	177.86	-406.43
Change in Working Capital	208.89	-456.83	-4.18	-233.96	-99.27

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