IST:ATAGY 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	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	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	2015 - 2019
Net Income	39.02	40.49	46.8	212.64	15.5	-1.06	Upgrade
Depreciation & Amortization	0.64	0.62	0.65	0.48	0.12	0.02	Upgrade
Gain (Loss) on Sale of Assets	-	-	7.98	-48.55	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	2.22	-0.05	-	-	Upgrade
Asset Writedown	-21.28	-20.23	-71.92	-134.63	-29.33	-7.13	Upgrade
Change in Accounts Receivable	-2.47	2.9	-5.09	-0.08	-0.48	-0.09	Upgrade
Change in Accounts Payable	0.05	-5.98	4.73	0.65	0.82	-0.56	Upgrade
Change in Other Net Operating Assets	1.8	1.92	-1.02	5.25	-1.65	1.68	Upgrade
Other Operating Activities	3.41	0.26	7.87	21.32	14.18	7.86	Upgrade
Operating Cash Flow	21.07	19.99	-7.55	57.03	-0.85	0.72	Upgrade
Operating Cash Flow Growth	99.89%	-	-	-	-	-	Upgrade
Acquisition of Real Estate Assets	-29.4	-1.75	-53.41	-11.23	-9.16	-0.24	Upgrade
Sale of Real Estate Assets	-	-	81.45	158.23	-	8.25	Upgrade
Net Sale / Acq. of Real Estate Assets	-29.4	-1.75	28.04	147.01	-9.16	8.01	Upgrade
Investment in Marketable & Equity Securities	-	-	-	-2.17	-	-	Upgrade
Investing Cash Flow	-29.42	-1.75	28.04	144.83	-9.16	8.01	Upgrade
Short-Term Debt Issued	-	-	-	87	180	100	Upgrade
Total Debt Issued	-	-	-	87	180	100	Upgrade
Short-Term Debt Repaid	-	-	-	-157	-160	-100	Upgrade
Long-Term Debt Repaid	-	-1.01	-0.9	-0.46	-0.14	-	Upgrade
Total Debt Repaid	-1.03	-1.01	-0.9	-157.46	-160.14	-100	Upgrade
Net Debt Issued (Repaid)	-1.03	-1.01	-0.9	-70.46	19.86	-	Upgrade
Issuance of Common Stock	-	-	-	39.81	-	-	Upgrade
Other Financing Activities	-0.83	-0.86	-0.78	-30.06	-10.15	-9.66	Upgrade
Miscellaneous Cash Flow Adjustments	-12.69	-17.19	-10.29	-116.81	-	-	Upgrade
Net Cash Flow	-22.9	-0.82	8.53	24.33	-0.3	-0.93	Upgrade
Cash Interest Paid	0.83	0.86	0.79	30.06	10.15	9.66	Upgrade
Cash Income Tax Paid	-	1	0.06	-0.04	-	-	Upgrade
Levered Free Cash Flow	1.2	-3.03	-19.83	22.36	-11.58	-6.08	Upgrade
Unlevered Free Cash Flow	1.71	-2.49	-18.08	35.42	-2.82	-1.25	Upgrade
Change in Working Capital	-0.71	-1.19	-1.16	5.82	-1.31	1.03	Upgrade

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