IST:BSOKE 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	-120.38	328.21	1,260	-210.08	-689.58
Depreciation & Amortization	769.47	681.43	457.99	314.74	49.54
Loss (Gain) From Sale of Assets	1.92	-	-0.51	299.89	-
Loss (Gain) From Sale of Investments	-	-	-	66.79	-
Loss (Gain) on Equity Investments	-	-	-	-58.32	18.23
Other Operating Activities	-103.27	-254.13	-818.08	-447.96	631.03
Change in Accounts Receivable	-81.7	162.17	-401.92	-16.71	-123.28
Change in Inventory	43.25	225.88	15.91	-258.07	-53.81
Change in Accounts Payable	349.78	-498.34	-507.57	486.04	93.31
Change in Unearned Revenue	-28.52	-204.13	20.94	-	-
Change in Other Net Operating Assets	-22.23	16.55	196.16	155.51	-50.84
Operating Cash Flow	808.31	457.63	222.77	331.83	-125.39
Operating Cash Flow Growth	76.63%	105.43%	-32.87%	-	-
Capital Expenditures	-442.88	-108.47	-106.08	-154.38	-20.38
Sale of Property, Plant & Equipment	6.09	-	9.23	127.98	-
Sale (Purchase) of Intangibles	-43.47	-0.07	-	-	-
Other Investing Activities	-	5.27	-16.94	-14.52	0.53
Investing Cash Flow	-480.26	-103.27	-113.8	-40.92	-19.85
Short-Term Debt Issued	-	-	1,081	33.05	197.18
Long-Term Debt Issued	1,337	997.8	933.65	4,218	256.65
Total Debt Issued	1,337	997.8	2,014	4,251	453.83
Long-Term Debt Repaid	-1,202	-2,961	-1,551	-4,163	-245.87
Total Debt Repaid	-1,202	-2,961	-1,551	-4,163	-245.87
Net Debt Issued (Repaid)	134.86	-1,963	463.11	88.06	207.97
Issuance of Common Stock	-	410.08	-	-	-
Other Financing Activities	-442.31	1,212	-620.35	-311.39	-64.53
Financing Cash Flow	-307.44	-341.1	-157.24	-223.34	143.44
Foreign Exchange Rate Adjustments	1.99	1.73	32.47	2.19	-
Miscellaneous Cash Flow Adjustments	-10.05	-12.25	-49.98	-7.44	-
Net Cash Flow	12.54	2.74	-65.78	62.33	-1.8
Free Cash Flow	365.42	349.15	116.69	177.45	-145.77
Free Cash Flow Growth	4.66%	199.22%	-34.24%	-	-
Free Cash Flow Margin	6.28%	6.24%	1.96%	4.44%	-19.78%
Free Cash Flow Per Share	0.23	0.22	0.29	0.44	-0.36
Cash Interest Paid	602.3	576.23	635.74	289.34	64.53
Cash Income Tax Paid	0.52	0.5	0.14	-0	-0.03
Levered Free Cash Flow	62.52	-886.26	-899.58	-498.5	-155.64
Unlevered Free Cash Flow	353.48	-212.73	-294.3	-130.88	-100.21
Change in Working Capital	260.58	-297.87	-676.49	366.77	-134.62

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