IST:BOBET 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	-1,147	210.83	2,027	390.27	37.62
Depreciation & Amortization	1,663	1,528	797.63	534.78	87.59
Loss (Gain) From Sale of Assets	-371.84	-144.49	-291.84	-59.95	-32.65
Other Operating Activities	-299.64	965.78	666.72	454.56	-1.66
Change in Accounts Receivable	-75.48	563.3	-347.05	-838.89	-36.2
Change in Inventory	13.34	-2.03	-37.48	-62.8	-9.24
Change in Accounts Payable	115.09	-430.89	729.37	-	-106.09
Change in Unearned Revenue	544.29	-5.92	171.2	-100.15	91.4
Change in Other Net Operating Assets	-213.26	220.67	-42.79	443.86	26.74
Operating Cash Flow	227.76	2,906	3,673	761.68	57.5
Operating Cash Flow Growth	-92.16%	-20.90%	382.24%	1224.69%	-75.91%
Capital Expenditures	-2,568	-2,168	-2,894	-528.56	-149.13
Sale of Property, Plant & Equipment	1,577	738.05	1,200	466.3	115.24
Investment in Securities	-2,597	-1,433	31.19	-	-
Investing Cash Flow	-3,588	-2,864	-1,663	-62.26	-33.89
Long-Term Debt Issued	4,867	153.17	1,289	24.97	268.45
Long-Term Debt Repaid	-1,697	-1,075	-430.6	-207.25	-444.02
Net Debt Issued (Repaid)	3,171	-921.88	858.75	-182.29	-175.57
Issuance of Common Stock	-	-	572.63	-	350
Repurchase of Common Stock	-138.24	-	-117.86	-119.26	-
Common Dividends Paid	-83.54	-835.65	-784.52	-121.22	-
Other Financing Activities	413.58	-326.56	-696.03	-32.03	-17.93
Financing Cash Flow	3,362	-2,084	-167.02	-454.8	156.5
Miscellaneous Cash Flow Adjustments	-3.12	-532.02	-401.68	-232.02	-
Net Cash Flow	-0.7	-2,574	1,442	12.61	180.11
Free Cash Flow	-2,340	737.13	779.02	233.12	-91.63
Free Cash Flow Growth	-	-5.38%	234.16%	-	-
Free Cash Flow Margin	-20.71%	5.56%	6.06%	3.70%	-10.03%
Free Cash Flow Per Share	-6.16	1.94	2.05	0.61	-0.27
Cash Interest Paid	-	326.56	696.03	32.03	17.93
Cash Income Tax Paid	-9.99	50.24	438.41	96.6	6.49
Levered Free Cash Flow	-1,353	-548.06	-661.76	100.54	-98.13
Unlevered Free Cash Flow	-759.28	322.66	8.71	160.11	-62.13
Change in Working Capital	383.99	345.13	473.25	-557.99	-33.4

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