IST:DARDL 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	-817.1	-178.4	-88.03	265.11	-22.6	91.87
Depreciation & Amortization	347.44	309.42	183.13	84.88	11.33	5.21
Other Amortization	6.6	5.65	4.55	2.02	0.17	0.1
Loss (Gain) From Sale of Assets	-19.21	-9.64	-0.95	-2.53	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-	-11.09
Provision & Write-off of Bad Debts	5.37	-5.82	10.5	9.81	1.13	5.79
Other Operating Activities	1,843	73.53	727.53	-816.2	17.56	62.98
Change in Accounts Receivable	-465.72	-408.74	-260.86	659.55	-238.59	-30.91
Change in Inventory	16.48	-562.37	-468.35	-210.21	-86.82	-13.44
Change in Accounts Payable	147.55	697.53	271.65	208.14	10.85	3.82
Change in Unearned Revenue	-53.45	9.23	-15.4	3.15	23.25	-44.11
Change in Other Net Operating Assets	-388.87	-494.67	-266.38	-471.57	-50.31	-22.34
Operating Cash Flow	622.03	-564.27	97.4	-267.84	-334.03	47.87
Operating Cash Flow Growth	98.26%	-	-	-	-	-
Capital Expenditures	-480.83	-569.83	-445.42	-305.74	-173.87	-78.23
Sale of Property, Plant & Equipment	16.17	32.9	2.54	39.35	-	6.46
Cash Acquisitions	-	-	-	-208.7	-	-
Sale (Purchase) of Intangibles	-17.13	-19.53	-16.42	-25.83	-	-3.71
Sale (Purchase) of Real Estate	-2.7	-	-13.24	-1.08	-	-30.15
Investing Cash Flow	-484.49	-556.46	-472.53	-502	-173.87	-105.62
Long-Term Debt Issued	-	3,102	3,596	2,753	1,357	51.92
Long-Term Debt Repaid	-	-1,909	-2,613	-1,756	-1,337	-
Net Debt Issued (Repaid)	-440.93	1,193	982.4	996.76	19.4	51.92
Issuance of Common Stock	781.65	-	-	-	536.39	-
Repurchase of Common Stock	-	-	-	-	-	-2.32
Other Financing Activities	-714.39	-37.73	-473.62	-265.03	-39	-
Financing Cash Flow	-373.66	1,155	508.78	731.73	516.79	49.6
Foreign Exchange Rate Adjustments	-45.39	-45.73	-21.7	24.76	-	-0.01
Miscellaneous Cash Flow Adjustments	108.02	-	-	0	-	-
Net Cash Flow	-173.48	-11.68	111.95	-13.35	8.88	-8.16
Free Cash Flow	141.2	-1,134	-348.02	-573.59	-507.91	-30.36
Free Cash Flow Margin	1.34%	-10.46%	-3.73%	-10.67%	-43.76%	-3.22%
Free Cash Flow Per Share	0.07	-1.94	-0.59	-0.98	-2.20	-0.57
Cash Interest Paid	1,575	898.05	473.62	265.03	39.26	-
Levered Free Cash Flow	-1,977	-647.11	-1,099	-1,167	-495.12	-146.82
Unlevered Free Cash Flow	-719.27	246.74	-647.82	-987.54	-466.18	-107.71
Change in Working Capital	-744.02	-759.01	-739.34	189.07	-341.61	-106.99

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