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 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-131.47	-497.12	119.22	642.28
Depreciation & Amortization	71.72	69.61	63.18	36.55
Loss (Gain) From Sale of Assets	10.95	10.95	3.87	-3.2
Asset Writedown & Restructuring Costs	0.11	0.9	4.78	74.05
Other Operating Activities	407.64	372.92	-99.8	-273.35
Change in Accounts Receivable	-104.65	-162.8	330.16	-68.1
Change in Inventory	333.89	521.13	-488.23	-399.47
Change in Accounts Payable	-58.67	-96.72	-126.19	133.28
Change in Unearned Revenue	2.31	2.31	-75.74	26.5
Change in Other Net Operating Assets	-63.89	57.95	-304.75	-258.91
Operating Cash Flow	467.94	279.13	-573.5	-90.36
Capital Expenditures	-72.16	-72.04	-212.81	-386
Sale of Property, Plant & Equipment	-	-	19.27	22.57
Other Investing Activities	37.21	13.5	102.67	2.73
Investing Cash Flow	-34.95	-58.55	-90.87	-360.7
Long-Term Debt Issued	-	689.73	1,646	1,587
Long-Term Debt Repaid	-	-551.39	-1,646	-877.88
Net Debt Issued (Repaid)	274.76	138.33	-0.68	709.47
Issuance of Common Stock	-	-	2,092	9.98
Repurchase of Common Stock	-119.27	-162.8	-290.15	-
Other Financing Activities	-239.59	-219.41	-478.38	-243.64
Financing Cash Flow	-84.09	-243.87	1,323	475.8
Miscellaneous Cash Flow Adjustments	-161.41	-161.41	-22.57	-
Net Cash Flow	206.18	-184.7	635.96	24.74
Free Cash Flow	395.78	207.09	-786.3	-476.37
Free Cash Flow Margin	14.60%	7.39%	-26.43%	-19.99%
Free Cash Flow Per Share	-	0.09	-0.34	-0.28
Cash Interest Paid	222.64	222.64	494.26	243.72
Cash Income Tax Paid	3.62	3.62	19.57	66.66
Levered Free Cash Flow	-450.8	495.48	-1,389	-
Unlevered Free Cash Flow	-314.19	634.63	-1,080	-
Change in Working Capital	108.99	321.88	-664.75	-566.7

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