Borlease Otomotiv A.S. 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	-1,574	734.32	911.79	45.97	5.92
Depreciation & Amortization	1,756	1,150	739.92	24.46	8.63
Loss (Gain) From Sale of Assets	446.95	-1,566	-989.85	-343.99	-70.49
Asset Writedown & Restructuring Costs	0.93	-11.45	-	-7.09	-
Loss (Gain) From Sale of Investments	24.69	4.75	-	-	-
Provision & Write-off of Bad Debts	11.34	6.16	17.88	11.24	0.6
Other Operating Activities	2,131	850.12	171.97	348.46	229.77
Change in Accounts Receivable	-726.01	-141.71	324.29	-77.05	-59.93
Change in Inventory	-	12.56	36.28	0.44	4.96
Change in Accounts Payable	-15.48	213.18	-78.96	137.26	30.29
Change in Unearned Revenue	320.25	-98.89	122.65	13.48	5.39
Change in Other Net Operating Assets	-2,191	-326.37	-831.38	16.58	-91.74
Operating Cash Flow	185.23	826.87	424.59	169.76	63.39
Operating Cash Flow Growth	-77.60%	94.75%	150.11%	167.80%	-
Capital Expenditures	-3,956	-2,543	-2,687	-515.5	-341.88
Sale of Property, Plant & Equipment	3,646	2,283	1,880	713.76	232.31
Divestitures	-	-	901.72	-	-
Other Investing Activities	-	-	50.67	-	-
Investing Cash Flow	-310.23	-260.6	145.07	198.26	-108.21
Long-Term Debt Issued	5,666	4,328	2,295	448.78	486.71
Long-Term Debt Repaid	-4,876	-3,528	-2,878	-481.95	-238.5
Net Debt Issued (Repaid)	789.85	799.41	-583.26	-33.16	248.21
Issuance of Common Stock	-	1,095	74.15	0.37	4.15
Common Dividends Paid	-3.61	-121.8	-	-	-
Other Financing Activities	-2,597	-819.67	-544.1	-223.21	-130.83
Financing Cash Flow	-1,811	952.53	-1,053	-256.01	121.53
Miscellaneous Cash Flow Adjustments	472.16	-101.74	-536.61	-	-
Net Cash Flow	-1,463	1,417	-1,020	112.02	76.72
Free Cash Flow	-3,771	-1,717	-2,263	-345.74	-278.49
Free Cash Flow Margin	-55.13%	-37.38%	-67.11%	-26.75%	-40.86%
Free Cash Flow Per Share	-22.35	-10.18	-16.11	-11.08	-9.28
Cash Interest Paid	-	-	537.95	-	-
Cash Income Tax Paid	8.66	94.95	54.87	0.63	0.55
Levered Free Cash Flow	-4,320	-1,254	-2,703	-150.1	-
Unlevered Free Cash Flow	-2,603	-734.33	-2,367	-9.21	-
Change in Net Working Capital	840.38	-407.63	555.47	-327.56	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.