IST:BEGYO 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	Jun '25 Jun 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	747.91	1,133	199.89	685.3	-112.17	-177.14
Depreciation & Amortization	1.79	2.14	3.62	1.58	0.27	0.31
Loss (Gain) From Sale of Assets	-	-	-	-	0	-0
Asset Writedown & Restructuring Costs	-32.27	-32.27	184.14	-230.08	-367.56	-28.45
Provision & Write-off of Bad Debts	-	-	-	-	0	0.13
Other Operating Activities	332.5	192.73	711.28	790.21	503.12	217.09
Change in Accounts Receivable	1.73	44.08	34.26	-9.95	-11.24	10.61
Change in Inventory	208.82	134.93	-162.51	30.98	4.41	4.22
Change in Accounts Payable	-1,001	-1,053	-469.38	36.03	0.11	-2.86
Change in Unearned Revenue	-184.81	-351.35	143.6	143.47	-0.85	0.26
Change in Other Net Operating Assets	254.76	25.65	-0.36	-1,456	381.57	194.13
Operating Cash Flow	329.81	96.4	644.54	-8.92	397.68	218.28
Operating Cash Flow Growth	-0.87%	-85.04%	-	-	82.19%	-
Capital Expenditures	-4.12	-2.89	-0.14	-1.37	-0.03	-
Sale of Property, Plant & Equipment	-	-	-	0.21	-	0
Investing Cash Flow	-4.12	-2.89	-0.14	-1.16	-0.03	0
Long-Term Debt Issued	-	-	176.14	42.26	552.4	183.13
Long-Term Debt Repaid	-	-176.14	-1,222	-174.32	-732.83	-268.36
Net Debt Issued (Repaid)	-176.14	-176.14	-1,046	-132.06	-180.43	-85.23
Issuance of Common Stock	-	-	1,263	495	-	-
Other Financing Activities	-73.91	-80.18	-628.39	-350.01	-214.54	-134.58
Financing Cash Flow	-250.06	-256.33	-412.07	12.93	-394.97	-219.81
Miscellaneous Cash Flow Adjustments	-18.42	-73.13	-3.63	-6.05	-	-
Net Cash Flow	57.22	-235.96	228.69	-3.19	2.69	-1.53
Free Cash Flow	325.69	93.5	644.4	-10.29	397.65	218.28
Free Cash Flow Growth	-2.05%	-85.49%	-	-	82.18%	-
Free Cash Flow Margin	33.01%	9.63%	404.50%	-6.14%	1117.98%	909.49%
Free Cash Flow Per Share	-	0.12	1.18	-0.04	79.53	43.66
Cash Interest Paid	80.18	80.18	628.39	350.01	214.54	134.58
Levered Free Cash Flow	146.23	292.79	-1,536	-309.28	170.92	-
Unlevered Free Cash Flow	188.85	341.58	-1,143	-89.32	318.65	-
Change in Working Capital	-720.11	-1,200	-454.39	-1,256	374.01	206.35

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