EFORC Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	557.56	562.37	165.42	179.14
Depreciation & Amortization	44.2	39.71	29.61	22.57
Other Amortization	0.58	0.49	0.65	0.44
Loss (Gain) From Sale of Assets	-4.21	-11.39	-4.32	-32.67
Asset Writedown & Restructuring Costs	-241.67	-245.83	-102.05	0.38
Other Operating Activities	111.75	109.51	118	2.83
Change in Accounts Receivable	94.21	-37.54	-384.93	-287.33
Change in Inventory	-271.71	-308.96	-356.5	-108.06
Change in Accounts Payable	-126.24	-653.63	208.55	377.31
Change in Unearned Revenue	120.3	307.81	-114.04	54.69
Change in Other Net Operating Assets	-30.34	127.08	-171.96	-12.71
Operating Cash Flow	254.44	-110.39	-611.56	196.59
Capital Expenditures	-386.37	-463.79	-316.3	-25.62
Sale of Property, Plant & Equipment	30.27	45.89	11.88	63.18
Divestitures	-	-	-	-103.77
Other Investing Activities	25.76	21.88	7.53	9.11
Investing Cash Flow	-438.45	-407.52	-320.79	1.66
Long-Term Debt Issued	-	484.8	703.52	-
Long-Term Debt Repaid	-	-	-	-101.61
Net Debt Issued (Repaid)	127.44	484.8	703.52	-101.61
Issuance of Common Stock	172.6	172.6	196.87	73.19
Other Financing Activities	-133.9	-133.83	-80.87	-22.69
Financing Cash Flow	166.13	523.57	819.52	-51.11
Net Cash Flow	-17.88	5.65	-112.83	147.14
Free Cash Flow	-131.93	-574.17	-927.86	170.97
Free Cash Flow Margin	-2.19%	-9.63%	-15.44%	6.51%
Free Cash Flow Per Share	-0.58	-3.77	-8111.83	-
Cash Interest Paid	139.93	133.83	80.87	22.69
Cash Income Tax Paid	34.98	34.9	26.86	13.37
Levered Free Cash Flow	-	-624.56	-876.12	-
Unlevered Free Cash Flow	-	-536.52	-822.89	-
Change in Net Working Capital	-	597.2	799.76	-

Source: S&P Capital IQ. Standard template. Financial Sources.