ALVES Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	203.42	203.42	47.6	16.14	2.2
Depreciation & Amortization	45.95	45.95	15.98	3.95	2.54
Loss (Gain) From Sale of Assets	-	-	0.78	0.03	-0.06
Other Operating Activities	31.09	31.09	153.31	-2.61	-0.63
Change in Accounts Receivable	-118.89	-118.89	-47.93	-68.83	-46.28
Change in Inventory	79.35	79.35	-67.27	-68.75	-12.17
Change in Accounts Payable	-91.82	-91.82	15.94	81.85	11.87
Change in Other Net Operating Assets	-270.98	-270.98	-74.65	87.53	-4.92
Operating Cash Flow	-121.88	-121.88	43.76	49.31	-47.45
Operating Cash Flow Growth	-	-	-11.26%	-	-
Capital Expenditures	-280.62	-280.62	-131.07	-6.67	-25.14
Sale of Property, Plant & Equipment	9.06	9.06	25.09	2.24	6.83
Investing Cash Flow	-271.56	-271.56	-105.98	-6.5	-18.31
Short-Term Debt Issued	-	-	-	0	-
Long-Term Debt Issued	478.12	478.12	67.02	53.56	61.99
Total Debt Issued	478.12	478.12	67.02	53.56	61.99
Long-Term Debt Repaid	-107.79	-107.79	-19.09	-8.09	-
Net Debt Issued (Repaid)	370.34	370.34	47.93	45.47	61.99
Issuance of Common Stock	30	30	55	-	-
Common Dividends Paid	-	-	-	-6.21	-
Other Financing Activities	15.46	15.46	-15.46	-80	-0
Financing Cash Flow	415.8	415.8	87.47	-40.74	61.99
Miscellaneous Cash Flow Adjustments	-18.16	-18.16	-9.45	-	-
Net Cash Flow	4.21	4.21	15.8	2.07	-3.77
Free Cash Flow	-402.5	-402.5	-87.31	42.63	-72.59
Free Cash Flow Margin	-13.26%	-13.26%	-5.63%	10.07%	-43.75%
Free Cash Flow Per Share	-3.46	-3.46	-1.75	5.25	-14.52
Cash Income Tax Paid	-3	-3	2.84	0.37	0.37
Levered Free Cash Flow	-417.52	-417.52	-411.86	1.65	-
Unlevered Free Cash Flow	-329.57	-329.57	-355.08	16.31	-
Change in Net Working Capital	382.31	382.31	352.36	9.34	-

Source: S&P Capital IQ. Standard template. Financial Sources.