IST:AVPGY 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
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
Net Income	-3,117	7,381	4,708	10,103	944.78	105.69
Depreciation & Amortization	3.43	5.73	18.45	15.24	3.79	3.72
Loss (Gain) From Sale of Assets	-80.52	-78.9	26.67	-427.26	0.03	0.35
Asset Writedown & Restructuring Costs	1,135	-4,818	-1,574	-5,501	-869.59	-103.77
Loss (Gain) From Sale of Investments	-	-	67.81	-	-	-
Loss (Gain) on Equity Investments	-	-	-293.88	-2,760	-255.87	-44.42
Provision & Write-off of Bad Debts	36.97	2.94	1.11	24.32	-3.01	-1.29
Other Operating Activities	3,411	-1,265	-847.36	0.69	171.03	30.41
Change in Accounts Receivable	-476.52	-214.74	-693.22	-148.81	-70.41	-49.9
Change in Inventory	2,123	851.65	1,809	0.38	-270.8	60.78
Change in Accounts Payable	227.61	-237.96	-671.95	-249.42	-169.58	101.63
Change in Unearned Revenue	-339.11	456.76	-239.5	-2,559	621.16	144.62
Change in Income Taxes	-	-	-502.28	-302.14	-	-
Change in Other Net Operating Assets	-859.46	2,699	-4,280	820.6	-204.21	-0.65
Operating Cash Flow	2,064	4,782	-2,471	-983.68	-102.68	247.17
Capital Expenditures	-1.98	-3.7	-485.03	-346.81	-3.93	-3.92
Sale of Property, Plant & Equipment	-82.96	336.72	12.19	8.51	0.44	6.17
Divestitures	-	-	246.58	-323.93	-	-
Sale (Purchase) of Real Estate	-1,458	-5,563	-43.69	1,533	3.57	22.49
Investing Cash Flow	-1,543	-5,230	-269.95	870.76	0.08	24.74
Short-Term Debt Issued	-	-	-	123.84	-	-
Total Debt Issued	-	-	-	123.84	-	-
Short-Term Debt Repaid	-	-	-107.33	-245.92	-	-
Long-Term Debt Repaid	-	-	-	-	-3.52	-187.65
Total Debt Repaid	-	-	-107.33	-245.92	-3.52	-187.65
Net Debt Issued (Repaid)	-	-	-107.33	-122.08	-3.52	-187.65
Issuance of Common Stock	19.52	-	5,075	-	-	-
Repurchase of Common Stock	-	-375.27	-	-	-	-
Common Dividends Paid	-1,162	-976.99	-	-	-	-
Other Financing Activities	244.2	399.29	130.05	-124.18	6.06	1.65
Financing Cash Flow	-898.7	-952.97	5,098	-246.26	2.54	-186
Miscellaneous Cash Flow Adjustments	640.65	383.23	276.72	404.94	-	-
Net Cash Flow	262.61	-1,018	2,634	45.75	-100.05	85.9
Free Cash Flow	2,062	4,778	-2,956	-1,330	-106.61	243.25
Free Cash Flow Margin	40.58%	64.11%	-66.40%	-22.57%	-62.51%	24.46%
Free Cash Flow Per Share	5.16	11.96	-7.39	-3.97	-	-
Cash Interest Paid	0.56	1.1	7.76	141.81	-	-
Cash Income Tax Paid	-	-	502.28	302.14	-	-
Levered Free Cash Flow	-1,908	-1,879	2,358	-2,012	-63.35	-
Unlevered Free Cash Flow	-1,907	-1,878	2,362	-1,924	-23.14	-
Change in Working Capital	675.47	3,555	-4,578	-2,439	-93.84	256.48

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.