IST:ECZYT 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	2015 - 2019
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	2015 - 2019
Net Income	768.84	443.54	1,405	1,033	590.72	135.98	Upgrade
Depreciation & Amortization	-0	0.06	0.12	0.09	0.02	0.02	Upgrade
Loss (Gain) From Sale of Investments	-	-	593.9	-411.35	-	-	Upgrade
Loss (Gain) on Equity Investments	-843.18	-601.53	-1,670	-1,110	-462.29	-96.91	Upgrade
Other Operating Activities	134.58	305.48	283.83	99.03	15.1	-31.29	Upgrade
Change in Accounts Receivable	0.06	0.13	0.29	0.99	22.21	-22.52	Upgrade
Change in Accounts Payable	11.99	-0.61	0.51	-1.06	0.33	0.28	Upgrade
Change in Other Net Operating Assets	82.18	-148.86	152.39	6.75	-0.73	-0.83	Upgrade
Operating Cash Flow	154.47	-1.79	766.28	-382.93	165.37	-15.28	Upgrade
Operating Cash Flow Growth	-43.24%	-	-	-	-	-	Upgrade
Investment in Securities	-	-	55.72	-68.58	178.92	-1.33	Upgrade
Other Investing Activities	484.72	591.93	582.15	227.03	103.74	37.2	Upgrade
Investing Cash Flow	484.72	591.93	637.87	158.45	282.66	35.87	Upgrade
Long-Term Debt Repaid	-	-0.05	-0.05	-0.1	-0.02	-0.02	Upgrade
Total Debt Repaid	-0.01	-0.05	-0.05	-0.1	-0.02	-0.02	Upgrade
Net Debt Issued (Repaid)	-0.01	-0.05	-0.05	-0.1	-0.02	-0.02	Upgrade
Common Dividends Paid	-602.15	-631.99	-411.96	-433.13	-130.2	-50	Upgrade
Financing Cash Flow	-602.16	-632.04	-412.01	-433.23	-130.22	-50.02	Upgrade
Foreign Exchange Rate Adjustments	5.82	7.92	206.62	75.69	9.39	6.75	Upgrade
Miscellaneous Cash Flow Adjustments	-149.65	-321.93	-473.26	-259.06	-	-	Upgrade
Net Cash Flow	-106.8	-355.9	725.5	-841.09	327.2	-22.68	Upgrade
Free Cash Flow	154.47	-1.79	766.28	-382.93	165.37	-15.28	Upgrade
Free Cash Flow Growth	-43.24%	-	-	-	-	-	Upgrade
Free Cash Flow Per Share	1.47	-0.02	7.30	-3.65	1.57	-0.14	Upgrade
Cash Income Tax Paid	87.14	49.78	50.5	51.31	17.92	6.87	Upgrade
Levered Free Cash Flow	20.91	-178.57	498.97	-457.76	51.36	-27.4	Upgrade
Unlevered Free Cash Flow	20.91	-178.56	499	-457.75	51.36	-27.39	Upgrade
Change in Working Capital	94.23	-149.34	153.19	6.68	21.82	-23.08	Upgrade

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