IST:ATEKS 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	1,717	-149.59	-133.29	-138.9	133.57
Depreciation & Amortization	51.4	42.88	40.22	74.87	9.45
Other Amortization	-	-	-	3.38	0.9
Loss (Gain) From Sale of Assets	-	-	40.28	-1.43	-0.26
Asset Writedown & Restructuring Costs	-4,162	-2.47	-	-13.43	-134.84
Provision & Write-off of Bad Debts	-	-	-	2.05	1.13
Other Operating Activities	2,133	-145.95	-82.51	-66.14	54
Change in Accounts Receivable	309.48	233.44	-46.09	-134.2	-67.71
Change in Inventory	294.11	279.24	485.55	-240.12	-63.26
Change in Accounts Payable	441.16	8.75	-426.1	376.5	130
Change in Unearned Revenue	-70.5	-2.7	36.27	6.45	6.85
Change in Other Net Operating Assets	-538.51	-75.03	59.59	-59.74	-5.18
Operating Cash Flow	175.05	188.56	-26.08	-190.72	64.66
Operating Cash Flow Growth	-7.17%	-	-	-	110.44%
Capital Expenditures	-1.07	-3.43	-6.33	-93.91	-19.64
Sale of Property, Plant & Equipment	38.69	118.85	176.06	1.43	0.26
Sale (Purchase) of Intangibles	-0.02	0.43	-13.48	-	-
Sale (Purchase) of Real Estate	-	-	27.68	-	-
Investing Cash Flow	37.6	115.85	183.92	-92.49	-19.39
Long-Term Debt Issued	380.22	42.99	81.98	538.36	32.96
Long-Term Debt Repaid	-451.5	-367.25	-187.28	-251.52	-86.37
Net Debt Issued (Repaid)	-71.28	-324.26	-105.3	286.84	-53.41
Other Financing Activities	-0.48	42.07	-	-25.96	-1.22
Financing Cash Flow	-71.76	-282.19	-105.3	260.88	-54.63
Foreign Exchange Rate Adjustments	-	-	-	-26.29	-
Miscellaneous Cash Flow Adjustments	-31.01	-30.77	-24.38	-	-
Net Cash Flow	109.88	-8.55	28.16	-48.61	-9.36
Free Cash Flow	173.98	185.13	-32.41	-284.63	45.01
Free Cash Flow Growth	-6.02%	-	-	-	90.63%
Free Cash Flow Margin	14.62%	7.40%	-1.31%	-15.00%	10.56%
Free Cash Flow Per Share	6.90	7.35	-1.29	-11.29	1.79
Cash Interest Paid	-	-	-	24.59	1.12
Cash Income Tax Paid	0.54	2.29	-	8.71	1.48
Levered Free Cash Flow	-213.85	22.94	-208.92	-590.42	14.77
Unlevered Free Cash Flow	-213.26	27.93	-167.52	-548.71	22.79
Change in Working Capital	435.73	443.7	109.22	-51.12	0.7

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