IST:CATES Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-271.78	1,521	2,537	-169.72	-333.36
Depreciation & Amortization	630.55	731.69	638.32	87.14	46.48
Loss (Gain) on Sale of Assets	1.6	1.6	-	-	-
Asset Writedown	583.59	583.59	-	-	-
Change in Accounts Receivable	799.55	173.9	-701.25	-16.84	3.94
Change in Inventory	78.75	8.84	-93.58	-20.76	8.4
Change in Accounts Payable	-171	123.15	66.39	15.12	27.82
Change in Other Net Operating Assets	-278.34	467.98	-226.56	-13.79	26.77
Other Operating Activities	-351.6	-1,864	-1,518	134.9	351.36
Operating Cash Flow	1,021	1,749	702.08	16.05	131.41
Operating Cash Flow Growth	-30.28%	149.05%	4274.20%	-87.79%	-
Capital Expenditures	-122.17	-355.37	-246.89	-18.72	-14.99
Sale (Purchase) of Intangibles	-0.01	-0.74	-1.12	-0.22	-0.4
Investment in Securities	-	-	-	0.1	-
Investing Cash Flow	-122.18	-356.11	-248.01	-18.84	-15.38
Long-Term Debt Repaid	-	-969.35	-452.34	-53.76	-19.17
Net Debt Issued (Repaid)	-1,723	-969.35	-452.34	-53.76	-19.17
Issuance of Common Stock	1,280	1,200	71.19	-	-
Other Financing Activities	-986.54	-504.24	-36.31	-21.17	-19.27
Financing Cash Flow	-1,436	-273.42	-417.46	-74.93	-38.43
Foreign Exchange Rate Adjustments	-16.1	-16.1	-7.41	-	-
Net Cash Flow	-948.1	1,103	29.2	-77.72	77.59
Free Cash Flow	899.14	1,393	455.19	-2.67	116.42
Free Cash Flow Growth	-13.51%	206.06%	-	-	-
Free Cash Flow Margin	25.17%	26.31%	7.10%	-0.42%	25.21%
Free Cash Flow Per Share	5.56	10.05	5.73	-0.06	2.43
Cash Interest Paid	1,046	507.99	37.68	22.94	19.75
Cash Income Tax Paid	165.34	152.76	-	-	-
Levered Free Cash Flow	101.76	1,079	-8	-61.44	-
Unlevered Free Cash Flow	126.66	1,339	362.52	-0.3	-
Change in Net Working Capital	95.53	-574.28	783.27	36.66	-

Source: S&P Capital IQ. Utility template. Financial Sources.