IST:BAHKM 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-86.48	9.54	83.51
Depreciation & Amortization	15.53	13.83	10.05
Other Amortization	2.08	1.09	0.73
Asset Writedown & Restructuring Costs	-0.02	0.17	0.27
Other Operating Activities	-392.46	-70.02	-96.43
Change in Accounts Receivable	-1.05	0.53	-25.52
Change in Inventory	-60.28	15.28	-17.01
Change in Accounts Payable	2.11	19.2	-2.38
Change in Unearned Revenue	-39.61	-44.88	-5.48
Change in Other Net Operating Assets	-260.86	-408.76	5.57
Operating Cash Flow	-821.04	-464.01	-46.71
Capital Expenditures	-64.16	-47.82	-10.32
Sale of Property, Plant & Equipment	14.55	13.48	-
Sale (Purchase) of Real Estate	-	-	-1.67
Investment in Securities	118.82	56.44	-
Investing Cash Flow	-2.4	22.1	-12
Long-Term Debt Issued	-	21.75	160.22
Long-Term Debt Repaid	-	-92.06	-108.74
Net Debt Issued (Repaid)	10.51	-70.31	51.48
Issuance of Common Stock	522.69	522.69	-
Other Financing Activities	-4.78	-16.18	-11.83
Financing Cash Flow	508.1	436.2	39.65
Foreign Exchange Rate Adjustments	1.28	-1.21	-0.56
Miscellaneous Cash Flow Adjustments	-1.98	15.64	25.87
Net Cash Flow	-316.04	8.72	6.25
Free Cash Flow	-885.2	-511.83	-57.03
Free Cash Flow Margin	-118.09%	-80.46%	-9.84%
Free Cash Flow Per Share	-18.12	-10.47	-1.27
Cash Interest Paid	4.78	16.18	11.83
Cash Income Tax Paid	6.12	3.99	-12.11
Levered Free Cash Flow	-	-3.05	-
Unlevered Free Cash Flow	-	6.54	-
Change in Working Capital	-359.7	-418.63	-44.83

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