IST:BMSCH Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	-197.02	36.94	-31.54	24.19	9.96
Depreciation & Amortization	32.92	15.86	5.97	1.46	0.92
Provision & Write-off of Bad Debts	0	0	0.01	0	-0.01
Other Operating Activities	-38.95	34.18	116.27	-0.42	2.34
Change in Accounts Receivable	33.5	-76.3	-25.02	-6.45	1.61
Change in Inventory	38.34	0.48	180.49	-68.05	-10.76
Change in Accounts Payable	2.48	0.94	-3.03	-1.96	-2.34
Change in Unearned Revenue	-3.89	-19.41	-29.17	13.63	5.11
Change in Other Net Operating Assets	-70.4	77.17	-76.38	5.53	-18.46
Operating Cash Flow	-203.01	69.85	137.64	-32.08	-11.63
Operating Cash Flow Growth	-	-49.25%	-	-	-
Capital Expenditures	-84.93	-146.81	-108.2	-5.67	-2.7
Sale of Property, Plant & Equipment	4.96	1.05	1.87	-	0.56
Sale (Purchase) of Intangibles	-0.3	-0.46	-0.24	-0.13	-0.01
Investing Cash Flow	-80.26	-146.22	-106.57	-5.8	-2.14
Long-Term Debt Issued	674	482.27	189.33	5.89	33.81
Long-Term Debt Repaid	-358.83	-321.31	-52.03	-24.37	-15.88
Net Debt Issued (Repaid)	315.17	160.96	137.3	-18.48	17.94
Issuance of Common Stock	-	-	-	79.4	-
Repurchase of Common Stock	-	-17.05	-	-	-
Common Dividends Paid	-	-23.34	-14.18	-	-
Other Financing Activities	-34.02	-49.39	-6.59	-1.64	-2.47
Financing Cash Flow	281.15	71.17	116.53	59.28	15.47
Miscellaneous Cash Flow Adjustments	-51.32	-96.77	-65.97	-	-
Net Cash Flow	-53.44	-101.97	81.63	21.4	1.69
Free Cash Flow	-287.94	-76.96	29.44	-37.76	-14.33
Free Cash Flow Margin	-12.28%	-2.37%	1.52%	-8.43%	-4.92%
Free Cash Flow Per Share	-2.91	-0.78	0.29	-0.47	-0.26
Cash Interest Paid	84.08	56.32	10.68	3.29	2.55
Cash Income Tax Paid	11.26	7.92	6.91	1.64	-
Levered Free Cash Flow	-167.09	-161.89	-152.77	-44.81	-
Unlevered Free Cash Flow	-114.54	-126.7	-146.09	-42.75	-
Change in Net Working Capital	-40.41	61.43	73.78	58.85	-

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