IST:ANGEN 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	-320.31	-312.73	-286.49	-197.32	-21.06	433.33
Depreciation & Amortization	138.26	132.79	127.46	76.9	59.64	9.9
Other Amortization	14.95	14.95	15.88	9.54	-	-
Loss (Gain) From Sale of Assets	-0.01	-	-0.01	-	-	-
Asset Writedown & Restructuring Costs	1.21	-	-13.09	-24.09	-	-
Provision & Write-off of Bad Debts	-	-	-	-	-	3.82
Other Operating Activities	325.99	264.06	251.29	316.25	597.9	-15.13
Change in Accounts Receivable	-13.99	-49.24	4.26	2.62	108.22	22.28
Change in Inventory	151.16	131.95	-45.22	98.86	-84.19	-19.31
Change in Accounts Payable	28.88	6.73	40.29	-0.34	-15.16	9.35
Change in Unearned Revenue	-13.59	14.73	2.66	-8.31	-13.28	-
Change in Other Net Operating Assets	3.34	46.63	88.08	150.24	-35.63	-37.04
Operating Cash Flow	315.89	249.88	185.1	424.36	596.43	407.2
Operating Cash Flow Growth	146.55%	35.00%	-56.38%	-28.85%	46.47%	72.93%
Capital Expenditures	-486.05	-436	-322.64	-76.93	-99.96	-77.43
Sale of Property, Plant & Equipment	9.66	9.16	25.73	16.12	3.08	0.19
Cash Acquisitions	-	-	-	-	-109.57	-
Sale (Purchase) of Intangibles	-	-	-	-90.12	-41.38	-
Investment in Securities	-	-	-	-	-26.3	-
Other Investing Activities	-	-	-	-	62.15	9.81
Investing Cash Flow	-476.39	-426.83	-296.91	-150.93	-211.99	-67.43
Long-Term Debt Issued	-	91.81	-	-	12.7	-
Long-Term Debt Repaid	-	-2.17	-14.89	-10.02	-1.4	-25.77
Net Debt Issued (Repaid)	109.49	89.64	-14.89	-10.02	11.3	-25.77
Issuance of Common Stock	-	-	-	-	-	225
Common Dividends Paid	-	-	-	-266.13	-584.57	-210
Other Financing Activities	-14.9	-14.98	0.12	39.9	27.79	-2.07
Financing Cash Flow	94.59	74.66	-14.77	-236.26	-545.49	-12.84
Miscellaneous Cash Flow Adjustments	-13.05	-63.34	-175.27	-363.23	-731.86	-
Net Cash Flow	-78.96	-165.63	-301.85	-326.05	-892.9	326.93
Free Cash Flow	-170.16	-186.11	-137.54	347.43	496.48	329.77
Free Cash Flow Growth	-	-	-	-30.02%	50.55%	98.80%
Free Cash Flow Margin	-22.97%	-25.16%	-19.83%	101.02%	106.00%	80.41%
Free Cash Flow Per Share	-	-0.85	-0.63	1.58	2.26	2.18
Cash Interest Paid	24.86	24.86	4.27	3.91	3.49	2.07
Cash Income Tax Paid	-	-0.26	-	-3.19	0.49	22.6
Levered Free Cash Flow	-412	-191.76	-279.3	-161.64	-160.8	75.48
Unlevered Free Cash Flow	-402.3	-190.26	-278.09	-158.59	-158.62	108.72
Change in Working Capital	155.8	150.81	90.06	243.08	-40.04	-24.72

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