IST:ALKA 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	-107.7	-184.18	130.74	481.53	184.34
Depreciation & Amortization	51	54.75	46.95	37.21	4.16
Other Amortization	-	-	-	1.03	0.23
Loss (Gain) From Sale of Assets	-1.47	-0.97	-5.21	-4.57	-24.09
Loss (Gain) on Equity Investments	-0.67	-0.24	0.26	0.34	-0.32
Other Operating Activities	216.05	182.23	-128.49	181.48	-5.17
Change in Accounts Receivable	41.29	-4.56	410.77	-217.25	-82.92
Change in Inventory	-0.14	113.07	311.33	-175.35	-49.17
Change in Accounts Payable	-25.98	76.37	176.51	27.5	94.84
Change in Unearned Revenue	40.12	-17.79	19.85	-78.15	30.83
Change in Other Net Operating Assets	-27.95	-113.5	64.84	-54.47	5.74
Operating Cash Flow	184.54	105.18	1,028	199.28	158.47
Operating Cash Flow Growth	75.46%	-89.76%	415.62%	25.75%	351.70%
Capital Expenditures	-748.82	-777.88	-149.19	-160.59	-5.63
Sale of Property, Plant & Equipment	5.21	13.58	5.89	9.08	26.19
Sale (Purchase) of Intangibles	-0.43	-1.1	-0.11	-0.02	-0.12
Sale (Purchase) of Real Estate	-3.95	-5.41	-4.75	-0.49	-
Other Investing Activities	99.73	437.56	-343.32	-17.38	1.77
Investing Cash Flow	-648.25	-333.24	-491.47	-169.39	22.21
Long-Term Debt Issued	75.07	168.33	-	-	-
Total Debt Issued	75.07	168.33	-	-	-
Net Debt Issued (Repaid)	75.07	168.33	-	-	-
Common Dividends Paid	-	-	-205.91	-192.99	-71.97
Other Financing Activities	-	-	-	-4.45	-
Financing Cash Flow	75.07	168.33	-205.91	-197.44	-71.97
Foreign Exchange Rate Adjustments	0.06	7.21	213.78	72.97	42.91
Miscellaneous Cash Flow Adjustments	-125.25	-258.82	-295.78	-340.37	-
Net Cash Flow	-513.83	-311.36	248.16	-434.94	151.63
Free Cash Flow	-564.27	-672.71	878.36	38.7	152.84
Free Cash Flow Growth	-	-	2169.79%	-74.68%	368.95%
Free Cash Flow Margin	-19.55%	-18.85%	25.46%	1.09%	21.80%
Free Cash Flow Per Share	-0.77	-0.92	1.20	0.05	0.21
Cash Interest Paid	-	-	-	4.45	-
Cash Income Tax Paid	14.59	36.66	236.62	370.77	17.01
Levered Free Cash Flow	-604.05	-632.9	849.03	-235.18	91.88
Unlevered Free Cash Flow	-584.66	-628.76	849.03	-232.4	91.88
Change in Working Capital	27.34	53.59	983.3	-497.73	-0.68

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