Arsan Holding Anonim Sirketi (IST:ARSAN)
Turkey · Delayed Price · Currency is TRY 4.460
+0.200 (4.69%)
Last updated: Aug 31, 2026, 3:14 PM GMT+3
IST:ARSAN Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 373.21 | -387.72 | 930.08 | 742.96 | 270.38 | 271.96 |
Depreciation & Amortization | 87.63 | 91.11 | 59.76 | 101.62 | 60.98 | 10.81 |
Loss (Gain) From Sale of Assets | -2.38 | -4.28 | -92.97 | -78.96 | -7.1 | -128.23 |
Asset Writedown & Restructuring Costs | -205.86 | -205.86 | -20.09 | -1,086 | 83.45 | - |
Loss (Gain) on Equity Investments | -810.7 | -36.87 | -1,057 | -277.86 | -123.09 | -126.65 |
Provision & Write-off of Bad Debts | 21.62 | 1.83 | -8.37 | -0.94 | 0.28 | 2.04 |
Other Operating Activities | 1,052 | 860.94 | 1,195 | 1,110 | -214.96 | 18.27 |
Change in Accounts Receivable | 3.14 | -14.02 | 88.74 | 325.4 | 31.83 | -45.94 |
Change in Inventory | 37.42 | 6.73 | -82.02 | 434.07 | -78.56 | -22.85 |
Change in Accounts Payable | -149.63 | 8.56 | -35.2 | -133.05 | 19.67 | 9.29 |
Change in Unearned Revenue | 12.62 | 2.21 | 5.43 | -17.65 | -4.57 | 0.49 |
Change in Other Net Operating Assets | 431.07 | -12.34 | 8.89 | -16.11 | -21.26 | 10.52 |
Operating Cash Flow | 850.62 | 310.29 | 991.9 | 1,103 | 17.05 | -0.29 |
Operating Cash Flow Growth | -14.48% | -68.72% | -10.09% | 6369.17% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -673.61 | -634.08 | -26.97 | -115.64 | -86.02 | -2.53 |
Sale of Property, Plant & Equipment | 7.96 | 9.86 | 97.42 | 701.49 | 12.91 | 128.23 |
Cash Acquisitions | -379.21 | -379.21 | -72.31 | -106.12 | -20.85 | - |
Divestitures | -476.01 | - | - | - | - | - |
Sale (Purchase) of Intangibles | - | - | - | - | -0.1 | - |
Sale (Purchase) of Real Estate | - | - | - | - | - | -124.35 |
Investment in Securities | - | - | - | - | - | 2.85 |
Other Investing Activities | 110.47 | 386.21 | 713.67 | -269.25 | -44.94 | 10.82 |
Investing Cash Flow | -1,410 | -617.23 | 711.8 | 210.48 | -139 | 15.02 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | - | - | - | 164.91 | 3.72 |
Long-Term Debt Repaid | - | -17.6 | -187.76 | -168.88 | -34.53 | -13.56 |
Net Debt Issued (Repaid) | 171.78 | -17.6 | -187.76 | -168.88 | 130.38 | -9.84 |
Common Dividends Paid | - | - | - | - | - | -8.42 |
Other Financing Activities | -39.86 | -9.52 | -30.24 | 36.86 | 32.97 | -21.76 |
Financing Cash Flow | 131.91 | -27.12 | -218 | -132.02 | 163.35 | -40.01 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Miscellaneous Cash Flow Adjustments | -224.46 | -623.99 | -513.99 | -132.09 | - | - |
Net Cash Flow | -951.73 | -958.05 | 971.71 | 1,050 | 41.41 | -25.28 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 177.02 | -323.79 | 964.93 | 987.63 | -68.96 | -2.82 |
Free Cash Flow Growth | -80.99% | - | -2.30% | - | - | - |
Free Cash Flow Margin | 44.24% | -237.39% | 648.30% | 186.60% | -3.37% | -0.57% |
Free Cash Flow Per Share | - | -0.18 | 0.55 | 0.56 | -0.04 | -0.00 |
Levered Free Cash Flow | -538.89 | -1,077 | 1.35 | 177.4 | -80.65 | -22 |
Unlevered Free Cash Flow | -502.12 | -1,069 | 17.09 | 206.57 | -56.95 | -16.65 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 2.98 | 10.63 | 22.83 | 46.68 | 37.89 | 8 |
Cash Income Tax Paid | 22.18 | 46.76 | -8.26 | 0.26 | 1.53 | 1.38 |
Change in Working Capital | 334.61 | -8.86 | -14.16 | 592.67 | -52.88 | -48.49 |