Baydoner Restoranlari A.S. (IST:BYDNR)

IST:BYDNR Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-148.74	-117.24	200.44	131.68
Depreciation & Amortization	570.73	403.35	491.8	341.18
Loss (Gain) on Equity Investments	0.55	-	-1.18	-
Provision & Write-off of Bad Debts	-	-	-	0.36
Other Operating Activities	-341.91	-147.38	-86.21	-60.61
Change in Accounts Receivable	-8.82	7.49	-57.96	11.14
Change in Inventory	36.3	-10.85	-28.2	-75.53
Change in Accounts Payable	114.58	184.44	80.54	6.62
Change in Unearned Revenue	-	-	-	-48.19
Change in Other Net Operating Assets	-395.02	-327.37	-46.63	30.83
Operating Cash Flow	-175.62	-7.56	552.6	337.47
Operating Cash Flow Growth	-	-	63.75%	-
Capital Expenditures	-773.76	-307.92	-653.28	-84.79
Sale of Property, Plant & Equipment	7.54	4.11	10.84	0.34
Sale (Purchase) of Intangibles	-	-	-	-2.48
Investment in Securities	-32.5	-32.5	-	-
Other Investing Activities	173.44	246.01	116.43	-
Investing Cash Flow	-625.28	-90.29	-526.01	-86.93
Long-Term Debt Issued	-	454.92	306.1	254.84
Long-Term Debt Repaid	-	-55.59	-175.85	-443.12
Net Debt Issued (Repaid)	633.52	399.34	130.25	-188.28
Issuance of Common Stock	-	-	394.6	-
Other Financing Activities	-228.37	-308.71	-182.37	6.19
Financing Cash Flow	350.49	90.63	342.48	-182.09
Foreign Exchange Rate Adjustments	0.03	0.03	0.02	-
Miscellaneous Cash Flow Adjustments	-143.36	-67	-90.3	-
Net Cash Flow	-593.75	-74.19	278.79	68.45
Free Cash Flow	-949.38	-315.48	-100.68	252.67
Free Cash Flow Margin	-30.87%	-10.01%	-3.59%	16.30%
Free Cash Flow Per Share	-11.72	-4.38	-1.40	3.61
Cash Interest Paid	228.37	308.71	179.64	-
Cash Income Tax Paid	21.17	68.51	41.31	-78.14
Levered Free Cash Flow	-351.44	76.34	-143.19	-
Unlevered Free Cash Flow	-240.52	221.29	-67	-
Change in Working Capital	-252.95	-146.29	-52.25	-75.14

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.