Çemas Döküm Sanayi A.S. Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	-590.82	-490.09	-436.12	-207.66	319.57	39.89
Depreciation & Amortization	227.87	225.7	182.63	84.77	13.73	12.38
Loss (Gain) From Sale of Assets	95.9	-9.12	-7.99	-4.78	-17.83	-0.38
Asset Writedown & Restructuring Costs	-70.61	-70.61	-88.39	-3.15	-1.17	-
Loss (Gain) From Sale of Investments	-	-	-27.79	-0.24	-6.46	-
Loss (Gain) on Equity Investments	4.9	0.16	-95.93	28.23	-16.2	21.13
Other Operating Activities	-351.82	-121.49	-588.45	-448.93	-240.21	-35.91
Change in Accounts Receivable	221.78	182.21	-28.34	-165.82	-44.29	-23.62
Change in Inventory	25.14	-45.59	48.63	-113.61	-22	-16.83
Change in Accounts Payable	334.85	-80.08	-31.51	49.52	28.13	8.78
Change in Income Taxes	7.72	-0.97	-6.97	-7.98	-0	-0.39
Change in Other Net Operating Assets	-478.07	-282.6	584.38	532.63	162.52	-17.71
Operating Cash Flow	-573.16	-692.47	-495.85	-257.02	175.79	-12.66
Capital Expenditures	-166.74	-441.64	-284.39	-379.58	-113.97	-31.71
Sale of Property, Plant & Equipment	46.15	12.83	4.11	20.37	1.84	0.41
Cash Acquisitions	-215.11	-215.11	-269.96	-12.19	-28.52	-
Divestitures	393.06	154.47	-	-	-	-
Sale (Purchase) of Intangibles	-1.25	-1.25	-0.35	-0.4	-0.04	-0.02
Sale (Purchase) of Real Estate	-0.49	-0.49	-6.59	-9.97	-0.42	-0.41
Other Investing Activities	-	-	57.51	49.09	-	-
Investing Cash Flow	55.61	-491.2	-499.67	-332.69	-141.11	-31.73
Long-Term Debt Issued	-	333.75	120.98	22.96	5.26	-
Long-Term Debt Repaid	-	-	-	-	-	-109.87
Net Debt Issued (Repaid)	426.2	333.75	120.98	22.96	5.26	-109.87
Issuance of Common Stock	57.37	52.69	-	-	317.84	239.49
Other Financing Activities	-	-	-	-	66.19	-
Financing Cash Flow	483.57	386.43	120.98	22.96	389.3	129.63
Net Cash Flow	-237.03	-797.23	-874.53	-566.75	423.99	85.24
Free Cash Flow	-739.9	-1,134	-780.24	-636.6	61.82	-44.37
Free Cash Flow Margin	-56.84%	-60.29%	-32.72%	-34.50%	18.57%	-21.88%
Free Cash Flow Per Share	-0.94	-1.43	-0.99	-0.81	0.08	-0.09
Cash Income Tax Paid	0.96	0.97	6.97	7.98	0	0.39
Levered Free Cash Flow	-634.81	-456.28	-454.98	-518.42	-124.48	-58.39
Unlevered Free Cash Flow	-600.86	-386.83	-412.22	-490.02	-118.55	-49.7
Change in Working Capital	111.42	-227.02	566.2	294.74	124.37	-49.77

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