IST:BOSSA 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	285.03	708.89	1,658	1,060	327.15
Depreciation & Amortization	377.52	255.74	239.55	126.41	22.39
Other Amortization	32.77	19.99	15.3	8.44	1.67
Loss (Gain) From Sale of Assets	-11.86	-112.43	-460.44	-0.04	-7.18
Asset Writedown & Restructuring Costs	-	-	-	-799.42	-30.2
Loss (Gain) From Sale of Investments	0.23	-1.13	-	-	-
Provision & Write-off of Bad Debts	61.41	-47.03	46.71	26.22	32.96
Other Operating Activities	888.75	129.6	-363.75	93.09	290.75
Change in Accounts Receivable	81.29	573.53	-416.88	548.22	-347.62
Change in Inventory	-64.17	-368.65	295.56	-184.85	-191.03
Change in Accounts Payable	-190.4	-114.5	26.45	-188.99	151.35
Change in Unearned Revenue	-47.43	64.01	-47.73	-26.75	20.28
Change in Other Net Operating Assets	91.2	-88.69	178.6	-68.57	-28.59
Operating Cash Flow	1,504	1,019	1,171	593.99	241.93
Operating Cash Flow Growth	47.58%	-12.97%	97.19%	145.52%	178.32%
Capital Expenditures	-249.75	-725.32	-337.71	-842.46	-113.35
Sale of Property, Plant & Equipment	-	30.98	42.18	0.04	7.76
Other Investing Activities	-1.6	-	-	0.54	-0.08
Investing Cash Flow	-251.35	-694.34	-295.53	-841.88	-105.68
Long-Term Debt Issued	2,845	2,478	2,738	2,963	568.88
Long-Term Debt Repaid	-3,322	-2,542	-3,160	-2,170	-620.29
Net Debt Issued (Repaid)	-476.35	-64.41	-422.37	793.32	-51.42
Issuance of Common Stock	-	110.81	-	-	-
Repurchase of Common Stock	-12.99	-7.31	-6.18	-	-
Other Financing Activities	-336.17	-547.44	-389.82	-179.26	-32.36
Financing Cash Flow	-825.52	-508.35	-818.36	614.05	-83.77
Miscellaneous Cash Flow Adjustments	-100.1	-51.63	-335.76	-158.88	-
Net Cash Flow	327.35	-234.99	-278.36	207.28	52.48
Free Cash Flow	1,255	294.01	833.58	-248.47	128.58
Free Cash Flow Growth	326.71%	-64.73%	-	-	250.98%
Free Cash Flow Margin	18.16%	3.58%	11.67%	-4.86%	9.52%
Free Cash Flow Per Share	0.99	0.18	0.51	-0.33	0.10
Cash Interest Paid	336.17	547.44	389.82	179.26	32.36
Cash Income Tax Paid	-	-	-	-3.64	22.65
Levered Free Cash Flow	249.54	-1,141	-915.04	-2,008	-305.77
Unlevered Free Cash Flow	570.05	-791.29	-666.81	-1,825	-282.44
Change in Working Capital	-129.52	65.7	36.01	79.06	-395.61

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