Cem Zeytin Anonim Sirketi 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-289.25	91.09	642.28
Depreciation & Amortization	52.02	48.27	36.55
Loss (Gain) From Sale of Assets	-4.21	2.96	-3.2
Asset Writedown & Restructuring Costs	3	3.65	74.05
Other Operating Activities	-153.89	-93.49	-273.35
Change in Accounts Receivable	94.72	252.24	-68.1
Change in Inventory	57.27	-373	-399.47
Change in Accounts Payable	-5.82	-96.41	133.28
Change in Unearned Revenue	-16.01	-57.87	26.5
Change in Other Net Operating Assets	175.19	-232.82	-258.91
Operating Cash Flow	-86.98	-455.39	-90.36
Capital Expenditures	-140.67	-162.58	-386
Sale of Property, Plant & Equipment	0.47	14.72	22.57
Other Investing Activities	96.28	90.7	2.73
Investing Cash Flow	-43.92	-57.16	-360.7
Long-Term Debt Issued	-	1,257	1,587
Long-Term Debt Repaid	-	-1,258	-877.88
Net Debt Issued (Repaid)	-755.98	-0.52	709.47
Issuance of Common Stock	1,598	1,598	9.98
Other Financing Activities	-428.56	-599.4	-243.64
Financing Cash Flow	359.26	998.42	475.8
Net Cash Flow	332.84	485.87	24.74
Free Cash Flow	-227.65	-617.97	-476.37
Free Cash Flow Margin	-10.82%	-27.18%	-19.99%
Free Cash Flow Per Share	-0.57	-1.54	-1.58
Cash Interest Paid	206.82	377.61	243.72
Cash Income Tax Paid	1.63	14.95	66.66
Levered Free Cash Flow	-	-600.55	-
Unlevered Free Cash Flow	-	-364.55	-
Change in Working Capital	305.35	-507.86	-566.7

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