IST:ASUZU Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	904.95	580.44	2,331	784.31	211.43
Depreciation & Amortization	579.6	645.35	256.15	292.28	48.61
Other Amortization	338.83	367.16	293.38	-	-
Loss (Gain) From Sale of Assets	5.66	-41.52	-60.1	-0.26	-0.38
Asset Writedown & Restructuring Costs	-43.49	245.34	-124.56	-	-
Provision & Write-off of Bad Debts	-	-	-0.17	-	-
Other Operating Activities	1,249	618.47	-531.96	234.86	117.47
Change in Accounts Receivable	-3,703	1,777	-1,689	241.53	-330.78
Change in Inventory	1,390	904.78	-1,454	-1,167	-79.07
Change in Accounts Payable	1,771	-2,319	205.49	890.47	490.22
Change in Other Net Operating Assets	-472.24	675.81	644.95	-495.79	-65.06
Operating Cash Flow	2,020	3,454	-129.27	780.18	392.43
Operating Cash Flow Growth	-41.53%	-	-	98.81%	84.71%
Capital Expenditures	-322.91	-488.3	-461.25	-236.07	-30.68
Sale of Property, Plant & Equipment	3.8	50.59	90.39	0.69	0.65
Sale (Purchase) of Intangibles	-1,053	-1,183	-748.82	-338.18	-86.1
Sale (Purchase) of Real Estate	-3.25	-0.76	-2.48	-8.46	-0.84
Investment in Securities	-2,396	-	-153.4	-	-
Other Investing Activities	-55.91	-51.88	599.21	-400.29	-
Investing Cash Flow	-3,827	-1,673	-676.35	-982.32	-116.97
Long-Term Debt Issued	12,670	6,929	13,888	4,341	506.64
Long-Term Debt Repaid	-5,716	-7,658	-9,264	-2,520	-355.4
Net Debt Issued (Repaid)	6,955	-728.54	4,624	1,821	151.24
Common Dividends Paid	-568.63	-795.89	-412.99	-57.04	-
Other Financing Activities	-1,827	-1,582	-299.86	-870.31	-54.29
Financing Cash Flow	4,559	-3,106	3,911	893.38	96.94
Miscellaneous Cash Flow Adjustments	-565.51	-1,409	-1,418	-	-
Net Cash Flow	2,187	-2,735	1,688	691.25	372.41
Free Cash Flow	1,697	2,966	-590.52	544.11	361.75
Free Cash Flow Growth	-42.79%	-	-	50.41%	95.59%
Free Cash Flow Margin	6.36%	11.99%	-2.70%	4.66%	13.51%
Free Cash Flow Per Share	6.73	11.77	-2.34	2.16	1.44
Cash Interest Paid	2,270	2,833	838.92	311.03	69.48
Cash Income Tax Paid	1.5	-	105.07	3.27	1.46
Levered Free Cash Flow	-4,446	-1,911	-3,165	-1,122	-14.11
Unlevered Free Cash Flow	-3,112	-478.26	-2,411	-889.02	30.78
Change in Working Capital	-1,014	1,039	-2,293	-531	15.31

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.