IST:DOKTA Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-1,047	-461.06	473.07	104.46	347.87
Depreciation & Amortization	535.02	422.34	273.53	171.54	87.84
Other Amortization	95.9	53.24	31.37	14.69	5.76
Loss (Gain) From Sale of Assets	36.29	-1.05	-	-1.67	14.93
Loss (Gain) on Equity Investments	-50	-36.53	-	-	-
Other Operating Activities	2,275	748.25	1,398	578.83	469.46
Change in Accounts Receivable	225.35	-271.37	-212.06	-146.53	-385.45
Change in Inventory	-673.66	-96.78	-731.1	-508.5	-512.71
Change in Accounts Payable	562.8	84.2	193.43	394.2	275.91
Change in Other Net Operating Assets	-224	394.9	109.87	-188.35	-70.44
Operating Cash Flow	1,735	836.15	1,537	418.66	233.16
Operating Cash Flow Growth	107.53%	-45.58%	267.01%	79.56%	98.02%
Capital Expenditures	-600.83	-1,269	-738.84	-534.8	-290.4
Sale of Property, Plant & Equipment	19.29	35.78	51.55	7.38	0.44
Sale (Purchase) of Intangibles	-	-	-	-40.25	-22.11
Sale (Purchase) of Real Estate	-	-	-	-	-1.14
Investment in Securities	8.2	9.49	-	-	-
Other Investing Activities	10.49	20.45	14.36	1.04	0.8
Investing Cash Flow	-562.85	-1,204	-672.93	-566.64	-312.42
Long-Term Debt Issued	3,983	4,778	3,801	2,280	1,111
Long-Term Debt Repaid	-4,617	-3,791	-4,026	-2,058	-958.75
Total Debt Repaid	-4,617	-3,791	-4,026	-2,058	-958.75
Net Debt Issued (Repaid)	-633.46	986.89	-224.68	222.93	152.47
Issuance of Common Stock	-	-	18.58	391.41	-
Other Financing Activities	-747.7	-646.57	-609.76	-327.38	-83.56
Financing Cash Flow	-1,381	340.32	-815.87	286.96	68.92
Foreign Exchange Rate Adjustments	83.12	28.61	5.98	7.05	0.19
Net Cash Flow	-125.6	1.48	53.7	146.04	-10.15
Free Cash Flow	1,134	-433.17	797.68	-116.14	-57.24
Free Cash Flow Margin	8.28%	-3.63%	8.28%	-1.82%	-2.10%
Free Cash Flow Per Share	3.50	-1.34	2.46	-0.72	-0.49
Cash Interest Paid	747.7	646.57	609.76	327.38	83.56
Cash Income Tax Paid	-	1.88	5.09	-	-
Levered Free Cash Flow	59.17	-1,228	-558.84	-885.68	-638.78
Unlevered Free Cash Flow	521.23	-829.51	-207.44	-696.16	-578.64
Change in Working Capital	-109.5	110.95	-639.85	-449.19	-692.69

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