IST:ELITE 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	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	193.48	128.75	-60.55	38.03	29.38
Depreciation & Amortization	16.11	20.05	6.34	3.57	3.42
Other Operating Activities	-19.79	-23.89	-56.47	2.57	5.7
Change in Accounts Receivable	-240.49	-35.82	357.05	-191.94	-53.28
Change in Inventory	-18.74	6.45	0.43	-2.7	-26.8
Change in Accounts Payable	58.64	8.41	-285.24	97.2	17.61
Change in Unearned Revenue	5.51	5.51	26.45	-	-
Change in Other Net Operating Assets	-48.48	-4	10.26	31.03	-28.98
Operating Cash Flow	-53.75	105.45	-1.74	-22.24	-52.95
Capital Expenditures	-21.36	-66.06	-31.41	-3.45	-2.63
Sale of Property, Plant & Equipment	-0.02	0.22	7.92	-	-
Other Investing Activities	-	-	-	-0.03	-
Investing Cash Flow	-21.38	-65.84	-34.36	-3.49	-2.63
Long-Term Debt Issued	-	112.31	30	83.21	66.24
Long-Term Debt Repaid	-	-54.15	-91.26	-99.91	-
Net Debt Issued (Repaid)	0.85	58.16	-61.26	-16.71	66.24
Issuance of Common Stock	-	-	-	61.2	0.2
Common Dividends Paid	-	-99.15	-123.94	-	-
Other Financing Activities	8.84	-	-	25.43	16.73
Financing Cash Flow	9.7	-41	-185.2	69.92	83.16
Net Cash Flow	-35.47	-1.38	-221.3	44.2	27.58
Free Cash Flow	-75.11	39.4	-33.15	-25.69	-55.58
Free Cash Flow Margin	-5.38%	4.60%	-3.15%	-8.42%	-27.02%
Free Cash Flow Per Share	-0.58	0.30	-0.26	-0.20	-
Cash Interest Paid	9.32	-	-	2.03	-
Cash Income Tax Paid	-	-10.74	25.8	10.85	-
Levered Free Cash Flow	-286.65	82.16	-178.85	12.73	-
Unlevered Free Cash Flow	-270.17	89.18	-174.92	14	-
Change in Net Working Capital	502.3	3.69	306.75	63.69	-

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