IST:EGEPO Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	39.38	2.66	-30.16	132.51	-146.42	17.44
Depreciation & Amortization	192.73	172.45	175.33	114.98	76.67	11.81
Loss (Gain) From Sale of Assets	-0.3	-0.3	131.75	-	-	-0.07
Asset Writedown & Restructuring Costs	-1.13	-1.45	0.67	1.32	0.37	-4.28
Other Operating Activities	-174.23	-7.67	-56.2	-80.03	59.57	-8.55
Change in Accounts Receivable	-87.97	-27.24	33.92	-64.54	8.85	-1.34
Change in Inventory	1.27	2.51	5.23	6.25	5.95	-2.66
Change in Accounts Payable	-6.75	-20	-7.18	15.88	-21.1	14.75
Change in Other Net Operating Assets	185.53	-1.27	9.12	-0.19	-4.34	0.28
Operating Cash Flow	153.74	119.7	262.49	126.17	-20.45	27.4
Operating Cash Flow Growth	26.81%	-54.40%	108.05%	-	-	-15.04%
Capital Expenditures	-140.54	-139.63	-122.58	-171.16	-99.75	-107.3
Sale of Property, Plant & Equipment	-	-	-	-	-	2.1
Sale (Purchase) of Intangibles	-17.77	-17.77	-5.53	-1.79	-0.59	-0.21
Investment in Securities	-43.8	-43.8	31.59	28.63	-36.55	5.57
Other Investing Activities	-10.02	-	-0	0	-	-
Investing Cash Flow	-212.13	-201.2	-96.51	-144.32	-136.89	-99.84
Long-Term Debt Issued	-	13.81	28.37	534.73	108.76	-
Long-Term Debt Repaid	-	-36.45	-83.5	-558.1	-41.05	-13.64
Net Debt Issued (Repaid)	-19.76	-22.64	-55.13	-23.38	67.7	-13.64
Issuance of Common Stock	-	-	-	-	-	118.5
Other Financing Activities	27.97	25	-3.89	-6.82	8.42	4.06
Financing Cash Flow	8.22	2.37	-59.02	-30.2	76.12	108.92
Miscellaneous Cash Flow Adjustments	103.28	47.67	29.21	70.1	-0	-
Net Cash Flow	53.11	-31.47	136.16	21.75	-81.22	36.48
Free Cash Flow	13.2	-19.93	139.9	-44.99	-120.2	-79.91
Free Cash Flow Margin	0.94%	-1.48%	10.59%	-5.05%	-24.09%	-47.07%
Free Cash Flow Per Share	-	-0.04	0.28	-0.09	-0.24	-0.16
Cash Interest Paid	3.66	3.66	28.94	24.04	4.03	2.15
Cash Income Tax Paid	-	-8.36	9.44	74.02	-6.85	4.68
Levered Free Cash Flow	47.91	56.66	154.47	-8.37	5.37	-79.58
Unlevered Free Cash Flow	53.23	64.68	180.48	13.15	14.8	-75.91
Change in Working Capital	97.28	-46	41.09	-42.6	-10.64	11.04

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