IST:BINBN Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-400.33	-163.68	35.61	-103.57	27.13
Depreciation & Amortization	209.29	209.74	139.57	101.4	18.1
Loss (Gain) From Sale of Assets	-47.37	-	-	-	-0.03
Asset Writedown & Restructuring Costs	-	-233.45	-5.21	-7.72	-
Provision & Write-off of Bad Debts	-22.97	22.82	1.26	-	-
Other Operating Activities	-25.53	664.14	273.47	93.28	22.75
Change in Accounts Receivable	-229.19	-1.12	-13.06	-2.61	-5.38
Change in Inventory	34.13	1.64	-55.96	0.53	-7.59
Change in Accounts Payable	5.47	-1,206	884.38	26.8	-3.81
Change in Unearned Revenue	3.12	-	-	-	-
Change in Other Net Operating Assets	239.41	-1,005	-24.76	146.59	-289.12
Operating Cash Flow	-233.97	-1,711	1,235	254.7	-237.96
Operating Cash Flow Growth	-	-	385.00%	-	-
Capital Expenditures	-82.64	-53.33	-162.99	-528.31	-286.12
Sale of Property, Plant & Equipment	98.86	53.25	6.83	30.82	0.65
Cash Acquisitions	-103.13	-	-	-	-
Other Investing Activities	263.59	242.88	3.35	-	-
Investing Cash Flow	176.67	242.79	-152.8	-497.49	-285.47
Long-Term Debt Issued	190.71	-	61.18	9.47	311.56
Long-Term Debt Repaid	-254.72	-385.13	-125.54	-8.23	-
Net Debt Issued (Repaid)	-64.02	-385.13	-64.36	1.23	311.56
Issuance of Common Stock	-	37	-	-	709.1
Other Financing Activities	120.23	1,255	-33.45	-116.09	-18.4
Financing Cash Flow	56.21	906.83	-97.82	-114.86	1,002
Foreign Exchange Rate Adjustments	-51.48	-693.84	-	-	-
Net Cash Flow	-52.58	-1,255	984.69	-357.64	478.83
Free Cash Flow	-316.61	-1,765	1,072	-273.61	-524.08
Free Cash Flow Margin	-58.50%	-171.88%	137.40%	-41.31%	-216.43%
Free Cash Flow Per Share	-2.83	-15.76	10.75	-	-
Cash Interest Paid	5.48	156.4	33.45	116.09	18.4
Cash Income Tax Paid	-22.11	44.19	14.77	18.14	2.18
Levered Free Cash Flow	-831.5	-1,070	906.75	-485.99	-
Unlevered Free Cash Flow	-828.08	-972.43	927.66	-413.43	-
Change in Working Capital	52.93	-2,211	790.6	171.32	-305.9

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