IST:ALKLC Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	167.39	23.09	79.91	4.28	116.48
Depreciation & Amortization	84.88	69.97	50.97	27.26	23.93
Asset Writedown & Restructuring Costs	1.47	1.47	55.77	-	-
Provision & Write-off of Bad Debts	9.41	7.91	16.29	-1.27	-1.03
Other Operating Activities	-31.01	47.75	-87.24	26.66	4.77
Change in Accounts Receivable	-26.98	-234.65	17.08	-117.66	123.23
Change in Inventory	-370.9	-261.61	-436.4	110.62	-127.98
Change in Accounts Payable	98.27	-178.56	58.05	62.72	-119.89
Change in Other Net Operating Assets	-85.8	-64.95	-138.64	-5.27	150.03
Operating Cash Flow	-153.27	-589.58	-384.2	107.34	169.53
Operating Cash Flow Growth	-	-	-	-36.68%	-
Capital Expenditures	-546.89	-619.26	-36.01	-31.33	-111.58
Sale of Property, Plant & Equipment	7.49	7.71	0.03	11.26	-
Other Investing Activities	-0.9	-0.35	-3.99	-	-
Investing Cash Flow	-540.48	-611.9	-39.97	-20.07	-111.58
Long-Term Debt Issued	-	414.75	461.6	-	33.9
Long-Term Debt Repaid	-	-	-	-17.67	-
Net Debt Issued (Repaid)	1,136	414.75	461.6	-17.67	33.9
Issuance of Common Stock	-	39.22	-	-	14.21
Repurchase of Common Stock	-1,162	-9.97	-	-	-
Other Financing Activities	730.69	805.13	-14.99	-72.17	-92.08
Financing Cash Flow	704.57	1,249	446.61	-89.84	-43.97
Foreign Exchange Rate Adjustments	-19.19	-10.33	-0.54	-6	-8.44
Net Cash Flow	-8.36	37.33	21.9	-8.57	5.54
Free Cash Flow	-700.16	-1,209	-420.21	76.01	57.95
Free Cash Flow Growth	-	-	-	31.17%	-
Free Cash Flow Margin	-18.83%	-37.35%	-15.67%	4.90%	4.50%
Free Cash Flow Per Share	-6.45	-12.38	-5.38	-	-
Cash Income Tax Paid	18.65	18.72	20.93	4.96	3.74
Levered Free Cash Flow	-1,210	-1,259	-241.89	187.38	-
Unlevered Free Cash Flow	-940.5	-1,065	-172.38	224.84	-
Change in Working Capital	-385.41	-739.77	-499.91	50.4	25.39

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