IST:ASGYO 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-626.4	-1,080	5,705	-263.1
Depreciation & Amortization	13.54	13.56	11.48	5.13
Other Amortization	0.06	0.24	0.31	0.22
Gain (Loss) on Sale of Assets	-15.7	-4.99	-0.97	-8.26
Asset Writedown	-351.9	1,423	-5,552	-
Change in Accounts Receivable	-418.74	-13.06	-4.39	78.8
Change in Accounts Payable	8.43	-46.61	47.92	-11.72
Change in Other Net Operating Assets	31.11	62.88	-42.06	-689.68
Other Operating Activities	-1,209	-783	-487.54	62.33
Operating Cash Flow	-778.73	-578.89	180.22	-441.9
Acquisition of Real Estate Assets	-14.71	-10.6	-236.22	-73.6
Sale of Real Estate Assets	20.03	-	-	270.55
Net Sale / Acq. of Real Estate Assets	5.32	-10.6	-236.22	196.95
Investing Cash Flow	5.32	-10.6	-236.22	196.95
Long-Term Debt Issued	-	-	-	230.71
Short-Term Debt Repaid	-	-4.98	-395.82	-
Total Debt Repaid	1.26	-4.98	-395.82	-
Net Debt Issued (Repaid)	1.29	-4.98	-395.82	230.71
Other Financing Activities	-159.83	-147.76	2,001	37.57
Miscellaneous Cash Flow Adjustments	350.11	507.23	36.92	-
Net Cash Flow	-644.3	-234.99	1,586	23.33
Cash Income Tax Paid	23.9	20.1	12.99	20.45
Levered Free Cash Flow	-2,144	-10,191	-331.08	-
Unlevered Free Cash Flow	-2,144	-10,190	-330.88	-
Change in Working Capital	1,410	-147.71	504.12	-238.59

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