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 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-232.48	-274.37	12.49	83.51
Depreciation & Amortization	19.76	23.48	18.1	10.05
Other Amortization	2.56	2.56	1.43	0.73
Asset Writedown & Restructuring Costs	-1	-0.06	0.23	0.27
Other Operating Activities	71.64	51.25	-96.17	-96.43
Change in Accounts Receivable	94.58	2.49	0.7	-25.52
Change in Inventory	73.22	35.85	20	-17.01
Change in Accounts Payable	-26.64	-28.91	25.14	-2.38
Change in Unearned Revenue	-1.03	1.98	-58.74	-5.48
Change in Other Net Operating Assets	-96.98	95.48	-530.53	5.57
Operating Cash Flow	-96.37	-90.24	-607.36	-46.71
Capital Expenditures	-39.36	-45.46	-62.59	-10.32
Sale of Property, Plant & Equipment	-0.32	1.04	17.65	-
Sale (Purchase) of Real Estate	-	-	-	-1.67
Investment in Securities	49.4	98.79	73.87	-
Investing Cash Flow	4.98	54.38	28.93	-12
Long-Term Debt Issued	-	153.49	28.46	160.22
Long-Term Debt Repaid	-	-138.9	-120.5	-108.74
Net Debt Issued (Repaid)	18.89	14.6	-92.03	51.48
Issuance of Common Stock	0.55	-	684.17	-
Other Financing Activities	-2.35	-5.94	-21.18	-11.83
Financing Cash Flow	17.08	8.65	570.96	39.65
Foreign Exchange Rate Adjustments	1.43	-	-1.58	-0.56
Miscellaneous Cash Flow Adjustments	72.75	18.41	20.47	25.87
Net Cash Flow	-0.12	-8.8	11.42	6.25
Free Cash Flow	-135.73	-135.7	-669.94	-57.03
Free Cash Flow Margin	-15.30%	-13.85%	-77.86%	-9.84%
Free Cash Flow Per Share	-2.47	-2.47	-13.71	-1.27
Cash Interest Paid	5.94	5.94	21.18	11.83
Cash Income Tax Paid	-	16.62	5.22	-12.11
Levered Free Cash Flow	-92.69	-261.83	-74	-
Unlevered Free Cash Flow	-88.98	-259.49	-61.44	-
Change in Working Capital	43.16	106.89	-543.44	-44.83