Bantas Bandirma Ambalaj Sanayi ve Ticaret A.S. (IST:BNTAS)

IST:BNTAS Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	162.98	217.84	246.01	163.29	64.6	25.32
Depreciation & Amortization	3.73	3.41	39.75	6.62	4.82	4
Other Amortization	-	-	-	-	0	0.12
Other Operating Activities	-142.22	-183.3	32.76	-26.08	-1.18	1.4
Change in Accounts Receivable	-51.3	-3.58	-131.22	-144.34	-18.43	-2.96
Change in Inventory	19.57	59.69	99.38	-135.64	-27.28	-2.34
Change in Accounts Payable	10.29	-9.67	2.64	-	-1.28	5.21
Change in Other Net Operating Assets	218.08	161.26	-70.2	43.64	2.24	-8.33
Operating Cash Flow	221.14	245.65	219.13	-92.51	23.5	22.41
Operating Cash Flow Growth	-25.34%	12.11%	-	-	4.88%	-6.07%
Capital Expenditures	-292.9	-276.87	-270.8	-192.44	-26.86	-36.51
Sale of Property, Plant & Equipment	-	-	-	-	0.08	-
Other Investing Activities	126.31	124.55	126.43	0.12	0.01	0.41
Investing Cash Flow	-166.6	-152.33	-144.37	-192.31	-26.77	-36.1
Long-Term Debt Issued	-	68.88	0.36	110.22	-	10.12
Total Debt Issued	96.38	68.88	0.36	110.22	-	10.12
Long-Term Debt Repaid	-	-218.75	-2.86	-	-15.33	-0.4
Total Debt Repaid	-178.48	-218.75	-2.86	-	-15.33	-0.4
Net Debt Issued (Repaid)	-82.1	-149.87	-2.51	110.22	-15.33	9.72
Issuance of Common Stock	1.08	-	-	-	-	8.06
Other Financing Activities	67.3	-155.19	82.7	284.07	3.09	47.31
Financing Cash Flow	-13.72	-305.06	80.2	394.28	-12.23	65.08
Miscellaneous Cash Flow Adjustments	-27.88	-	-	-	-	-
Net Cash Flow	-40.52	-211.74	154.96	109.46	-15.5	51.4
Free Cash Flow	-71.76	-31.22	-51.67	-284.95	-3.36	-14.1
Free Cash Flow Margin	-7.09%	-2.80%	-3.71%	-28.81%	-1.32%	-8.68%
Free Cash Flow Per Share	-0.40	-0.26	-0.43	-2.36	-0.03	-0.12
Levered Free Cash Flow	-214.49	-84.26	-122.73	-326.02	-47.96	-21.94
Unlevered Free Cash Flow	-184.17	-57.42	-98.71	-319.23	-46.96	-21.07
Change in Working Capital	196.65	207.7	-99.4	-236.34	-44.75	-8.43

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