IST:DAPGM 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	704.61	828.01	2,322	1,946	312.29
Depreciation & Amortization	31	31.82	23.19	10.06	0.96
Other Operating Activities	329.92	372.83	175.22	698.16	85.76
Change in Accounts Receivable	-554.52	-704.21	-2,851	-5,412	-906.2
Change in Inventory	-15.45	72.58	-107.45	34.97	-60.29
Change in Accounts Payable	-8.89	-37.58	-53.2	22.91	-61.43
Change in Other Net Operating Assets	-407.1	-185.39	292.77	2,374	58.98
Operating Cash Flow	80.87	378.07	-198.68	-325.88	-569.93
Capital Expenditures	0.26	-	-	-154.14	-5.35
Sale of Property, Plant & Equipment	-0.01	1.96	0.44	0.54	0
Divestitures	-	-	-	-	0.1
Sale (Purchase) of Intangibles	-28.89	-28.89	-23.7	-1.69	-0.34
Other Investing Activities	-7.01	-0.17	-148.25	-30.87	-0.04
Investing Cash Flow	-35.64	-27.09	-171.51	-186.17	-5.63
Long-Term Debt Issued	-	-	525.31	336.16	440.42
Long-Term Debt Repaid	-	-599.38	-	-	-
Net Debt Issued (Repaid)	-776.02	-599.38	525.31	336.16	440.42
Issuance of Common Stock	-	0.04	1,486	-	190
Repurchase of Common Stock	-15.93	-7.51	-	-	-
Other Financing Activities	-	-	-	-1.32	0
Financing Cash Flow	-791.95	-606.84	2,011	334.83	630.42
Net Cash Flow	-746.72	-255.87	1,641	-177.22	54.86
Free Cash Flow	81.14	378.07	-198.68	-480.03	-575.28
Free Cash Flow Margin	1.30%	5.57%	-1.93%	-6.14%	-63.05%
Free Cash Flow Per Share	0.03	-	-0.08	-0.20	-0.46
Cash Income Tax Paid	-	0.17	114.16	0.86	0.04
Levered Free Cash Flow	1,089	2,539	909.76	1,725	-
Unlevered Free Cash Flow	1,385	2,815	1,122	1,800	-
Change in Net Working Capital	1,534	352.75	2,741	395.11	-

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