IST:ALCTL Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-141.75	-66.86	256.4	-143.43	235.95	51.78
Depreciation & Amortization	165.4	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	196.57	541	38.5	487.01	136.41	-74.76
Change in Accounts Receivable	110.56	303.22	-840.3	683.4	-317.48	-62.76
Change in Inventory	-377.27	23.88	-125.01	-138.28	-51.96	-60.76
Change in Accounts Payable	429.56	176.48	473.88	-363.01	220.45	-79.92
Change in Unearned Revenue	97.83	-204.81	18.53	-88.39	-127.95	34.69
Change in Other Net Operating Assets	-85.89	-89.89	16.08	-97.9	42.98	69.48
Operating Cash Flow	395.01	790.7	-132.46	328.85	168.62	-108.52
Operating Cash Flow Growth	103.05%	-	-	95.03%	-	-
Capital Expenditures	-5.56	-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	-5.56	-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	-160.36	-162.46	-52.47	-83.87	-35.15	-35.85
Net Debt Issued (Repaid)	-160.36	-162.46	-52.47	-83.87	-35.15	-35.85
Financing Cash Flow	-160.36	-162.46	-52.47	-83.87	-35.15	-35.85
Foreign Exchange Rate Adjustments	-226.01	-64.95	82.5	424.18	158.45	178.54
Net Cash Flow	3.09	558.86	-108.3	660.1	288.44	33.98
Free Cash Flow	389.45	786.26	-137.86	323.82	159.37	-110.44
Free Cash Flow Growth	104.42%	-	-	103.18%	-	-
Free Cash Flow Margin	7.43%	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	63.87	223.03	216.79	113.79	17.32
Levered Free Cash Flow	-381.33	29.95	-454.55	-50.14	175.98	-410.15
Unlevered Free Cash Flow	-366.66	44.62	-454.55	-46.66	177.86	-406.43
Change in Working Capital	174.79	208.89	-456.83	-4.18	-233.96	-99.27

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