IST:ALVES Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	104	420.94	47.6	16.14	2.2
Depreciation & Amortization	125.1	63.05	15.98	3.95	2.54
Loss (Gain) From Sale of Assets	-0.11	5.19	0.78	0.03	-0.06
Asset Writedown & Restructuring Costs	0.66	-0	-	-	-
Other Operating Activities	-76.39	32.12	153.31	-2.61	-0.63
Change in Accounts Receivable	-450.97	-101.81	-47.93	-68.83	-46.28
Change in Inventory	-148.37	114.57	-67.27	-68.75	-12.17
Change in Accounts Payable	249.51	-227.3	15.94	81.85	11.87
Change in Unearned Revenue	191.01	-239.29	-	-	-
Change in Other Net Operating Assets	-89.65	-128.92	-74.65	87.53	-4.92
Operating Cash Flow	-95.22	-61.45	43.76	49.31	-47.45
Operating Cash Flow Growth	-	-	-11.26%	-	-
Capital Expenditures	-746.14	-360.34	-131.07	-6.67	-25.14
Sale of Property, Plant & Equipment	0.12	13.09	25.09	2.24	6.83
Other Investing Activities	50.42	0.04	-	-	-
Investing Cash Flow	-695.6	-347.21	-105.98	-6.5	-18.31
Short-Term Debt Issued	-	-	-	0	-
Long-Term Debt Issued	2,111	680.05	67.02	53.56	61.99
Total Debt Issued	2,111	680.05	67.02	53.56	61.99
Long-Term Debt Repaid	-1,780	-145.36	-19.09	-8.09	-
Net Debt Issued (Repaid)	330.79	534.69	47.93	45.47	61.99
Issuance of Common Stock	937.54	43.31	55	-	-
Common Dividends Paid	-	-	-	-6.21	-
Other Financing Activities	-416.42	-163.27	-15.46	-80	-0
Financing Cash Flow	851.91	414.73	87.47	-40.74	61.99
Miscellaneous Cash Flow Adjustments	-	-	-9.45	-	-
Net Cash Flow	61.09	6.07	15.8	2.07	-3.77
Free Cash Flow	-841.36	-421.79	-87.31	42.63	-72.59
Free Cash Flow Margin	-15.59%	-9.12%	-5.63%	10.07%	-43.75%
Free Cash Flow Per Share	-5.26	-2.64	-1.75	5.25	-14.52
Cash Interest Paid	436.48	203.17	-	-	-
Cash Income Tax Paid	42.28	8.37	2.84	0.37	0.37
Levered Free Cash Flow	-587.4	-754.08	-411.86	1.65	-
Unlevered Free Cash Flow	-314.6	-627.1	-355.08	16.31	-
Change in Net Working Capital	250.6	768.44	352.36	9.34	-

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.