IST:DOFER 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-5.64	-79.52	205.38	35.17
Depreciation & Amortization	61.2	26.67	83.26	37.76
Other Operating Activities	-110.68	-41.44	-10.15	-154.08
Change in Accounts Receivable	-534.49	-41.51	-66.18	107.91
Change in Inventory	152.62	112.02	-33.18	-1.4
Change in Accounts Payable	-7.82	78.27	-232.71	112.65
Change in Other Net Operating Assets	-200.63	-40.82	187.12	-83.13
Operating Cash Flow	-515.39	13.66	133.53	54.87
Operating Cash Flow Growth	-	-89.77%	143.37%	-
Capital Expenditures	-45.91	-	-	-0
Other Investing Activities	74.05	55.12	0.81	-0
Investing Cash Flow	-91.81	55.12	0.81	-0
Long-Term Debt Issued	-	443.55	581.7	226.02
Long-Term Debt Repaid	-	-505.65	-529.36	-166.66
Net Debt Issued (Repaid)	714.32	-62.1	52.34	59.36
Other Financing Activities	4.37	-	-	-59.17
Financing Cash Flow	718.69	-62.1	52.34	0.19
Foreign Exchange Rate Adjustments	-	-	-	-4.75
Miscellaneous Cash Flow Adjustments	-268.02	-100.5	-193.43	42.45
Net Cash Flow	-156.53	-93.81	-6.75	92.76
Free Cash Flow	-561.3	13.66	133.53	54.87
Free Cash Flow Growth	-	-89.77%	143.37%	-
Free Cash Flow Margin	-11.05%	0.39%	3.89%	1.91%
Free Cash Flow Per Share	-10.07	0.24	2.40	1.31
Cash Interest Paid	62.71	67.08	71.75	23.11
Levered Free Cash Flow	-319.84	128.36	-165.28	-
Unlevered Free Cash Flow	-276.53	177.77	-109.71	-
Change in Working Capital	-454	107.95	-144.96	136.03

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