IST:EGEGY 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	313.18	-269.08	-42.16	148.25	30.33
Depreciation & Amortization	4.76	3.11	3.11	3.12	1.41
Asset Writedown & Restructuring Costs	-293.71	-117.57	-298.4	-103.25	-
Loss (Gain) From Sale of Investments	-63.96	-75.04	-76.26	-2.69	-0.17
Provision & Write-off of Bad Debts	15.01	2.7	3.44	4.47	5.16
Other Operating Activities	-277.47	207.56	-42.36	115.1	59.45
Change in Accounts Receivable	-134.63	17.47	-33.76	-134.23	-15.6
Change in Inventory	-1,162	-1,247	-1,283	-7.63	-168.29
Change in Accounts Payable	212.2	6.16	143.16	24.82	2.01
Change in Unearned Revenue	1,330	1,244	1,452	879.93	183.89
Change in Other Net Operating Assets	-549.19	-97.8	133.79	-495.77	-115.27
Operating Cash Flow	-605.54	-325.17	-40.32	432.12	-17.07
Capital Expenditures	-5.04	-0.7	-0.69	-	-1.92
Cash Acquisitions	-	-	-101.33	-	-
Sale (Purchase) of Real Estate	45.59	-33.45	-76.8	-24.85	-
Other Investing Activities	71.83	-10.39	-63.72	-13.73	0.17
Investing Cash Flow	112.39	-44.55	-242.54	-38.58	-1.75
Long-Term Debt Issued	-	253.83	276.94	2.39	30.02
Long-Term Debt Repaid	-	-44.82	-55.59	-65.65	-58.89
Net Debt Issued (Repaid)	-109.18	209.01	221.36	-63.26	-28.87
Issuance of Common Stock	603.48	306.97	167.3	171.53	-
Other Financing Activities	-5.67	-150.78	-67.76	-140.72	26.35
Financing Cash Flow	488.63	365.19	320.9	-32.45	-2.52
Miscellaneous Cash Flow Adjustments	-36.13	-64.89	-125.75	-190.86	-122.05
Net Cash Flow	-40.65	-69.42	-87.71	170.23	-143.4
Free Cash Flow	-610.57	-325.87	-41.01	432.12	-18.99
Free Cash Flow Margin	-137.86%	-360.85%	-12.61%	38.32%	-3.48%
Free Cash Flow Per Share	-4.04	-2.12	-0.28	10.23	-2.21
Cash Interest Paid	102.2	155.55	17.37	18.25	38.5
Cash Income Tax Paid	16.91	4.39	15.38	-0.02	-1.28
Levered Free Cash Flow	-	1,082	95.39	-217	-
Unlevered Free Cash Flow	-	1,207	156.94	-198.33	-
Change in Working Capital	-303.35	-76.85	412.31	267.11	-113.25

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