IST:EKSUN 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	-320.37	-695.14	-222	64.87	7.68
Depreciation & Amortization	188.51	126.31	87.87	46.13	6.01
Loss (Gain) From Sale of Assets	0.19	-2.53	-2.28	-118.46	4.19
Loss (Gain) From Sale of Investments	-2.1	-	-	-	-
Provision & Write-off of Bad Debts	14.17	7.28	9.8	1.79	4.83
Other Operating Activities	405.83	319.6	-377.42	294.14	-70.68
Change in Accounts Receivable	-254.42	-291.86	-551.1	-10.55	-150.28
Change in Inventory	41.93	18.36	-80.32	816.74	-268.85
Change in Accounts Payable	320.44	41.27	155.19	-1,336	237.08
Change in Unearned Revenue	31.26	-11.32	61.63	-48.7	12.73
Change in Other Net Operating Assets	239.75	-362.03	-22.2	-47.18	-96.84
Operating Cash Flow	665.18	-850.06	-940.82	-337.65	-314.13
Capital Expenditures	-857.16	-139.41	-51.82	-19.23	-10.52
Sale of Property, Plant & Equipment	1.24	4.11	3.44	389.39	60.52
Sale (Purchase) of Intangibles	-	-4.39	-2.26	-0.57	-0.17
Sale (Purchase) of Real Estate	-	-7.55	-	-7.48	-0.1
Investment in Securities	-	196.6	-297.29	2.77	-
Investing Cash Flow	-855.93	49.37	-347.92	364.88	49.74
Long-Term Debt Issued	285.16	1,540	397.63	494.32	446.44
Long-Term Debt Repaid	-51.41	-137.18	-332.96	-567.32	-1.17
Net Debt Issued (Repaid)	233.75	1,403	64.67	-73	445.27
Issuance of Common Stock	-	-	1,988	-	-
Repurchase of Common Stock	-	-	-123.51	-	-
Other Financing Activities	-119.91	-252.8	-140.72	165.55	-208.03
Financing Cash Flow	113.84	1,150	1,789	92.55	237.24
Miscellaneous Cash Flow Adjustments	-239.28	-188.57	-73.52	-16.65	-
Net Cash Flow	-316.18	161.06	426.47	103.12	-27.15
Free Cash Flow	-191.98	-989.46	-992.63	-356.89	-324.64
Free Cash Flow Margin	-1.65%	-9.81%	-9.68%	-4.75%	-20.95%
Free Cash Flow Per Share	-	-1.65	-1.65	-0.83	-
Cash Interest Paid	-	-	-	-	82.76
Cash Income Tax Paid	-	40.92	77.98	30.04	-0.68
Levered Free Cash Flow	-977.47	-721.47	-612.06	-1,784	-
Unlevered Free Cash Flow	-426.14	-443.32	-389.6	-1,564	-
Change in Working Capital	378.96	-605.57	-436.79	-626.13	-266.16

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