IST:AVTUR 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	4.61	5.6	122	46.44	32.1	2.53
Depreciation & Amortization	5.4	5.28	8.48	7.91	1.2	1.24
Loss (Gain) From Sale of Assets	-	-	-	-	-	0
Asset Writedown & Restructuring Costs	-30.06	-30.06	-192.73	-67.71	-35.59	-2.34
Provision & Write-off of Bad Debts	-	-	-	-	-0.02	-0.09
Other Operating Activities	30	15.08	74.17	17.51	3.6	-0.48
Change in Accounts Receivable	2.75	-0.25	-3.26	0.69	-0.67	-1.08
Change in Inventory	-0.06	-0.11	-0.14	0	-	0.03
Change in Accounts Payable	-0.42	0.11	-0.1	0.39	-0.3	-0.16
Change in Unearned Revenue	-0.12	1.06	-0.06	0.02	0	-0.08
Change in Other Net Operating Assets	-0.63	2.05	-3.67	-1.86	9.55	0.63
Operating Cash Flow	11.48	-1.25	4.69	3.4	9.89	0.21
Operating Cash Flow Growth	-	-	38.00%	-65.67%	4535.85%	312.64%
Capital Expenditures	-0.78	-0.7	-0.13	-0.2	-0.02	-0.09
Sale of Property, Plant & Equipment	-	-	-	-	-	0.01
Sale (Purchase) of Intangibles	-0.07	-	-	-4.11	-	-
Sale (Purchase) of Real Estate	-	-	-	-0.13	-	-
Investment in Securities	-8.84	2.71	-16.48	-	-	-
Investing Cash Flow	-9.69	2.01	-16.61	-4.44	-0.02	-0.08
Miscellaneous Cash Flow Adjustments	-1.02	-0.94	-8.81	-10.65	-	-
Net Cash Flow	0.77	-0.18	-20.74	-11.69	9.87	0.14
Free Cash Flow	10.7	-1.95	4.55	3.2	9.87	0.13
Free Cash Flow Growth	-	-	42.43%	-67.60%	7789.56%	363.73%
Free Cash Flow Margin	50.07%	-14.00%	27.23%	29.10%	281.01%	3.99%
Free Cash Flow Per Share	0.24	-0.04	0.10	0.07	0.22	0.00
Cash Interest Paid	-	-	-	-	0.03	0.01
Cash Income Tax Paid	0.29	0.25	0.57	1.19	0.02	1.06
Levered Free Cash Flow	104.08	2.97	-3.56	-1.21	10.44	-1.77
Unlevered Free Cash Flow	104.08	3	-3.47	-0.78	10.46	-1.76
Change in Working Capital	1.53	2.86	-7.23	-0.76	8.59	-0.65

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