IST:ENSRI 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	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	208.65	189.51	206.23	-18.7	27.22	7.7
Depreciation & Amortization	38	37.25	36.61	19.69	2.29	1
Loss (Gain) From Sale of Assets	25.72	5.36	-0.69	-3.27	-1.21	-
Asset Writedown & Restructuring Costs	-295.69	-296.07	-178.44	103.79	-50.77	-9.22
Provision & Write-off of Bad Debts	-0.44	-0.44	-2.29	-0.45	-	-
Other Operating Activities	17.68	-12.12	-64.91	-164.54	8.47	1.03
Change in Accounts Receivable	21.63	-44.1	-31.63	6.28	-21.5	4.55
Change in Inventory	77.63	-0.15	-176.64	-87.06	-19.2	-3.92
Change in Accounts Payable	-73.04	14.61	-8.21	-	30.97	-22.04
Change in Other Net Operating Assets	20.22	102.59	30.33	29.04	14.04	0.49
Operating Cash Flow	40.35	-3.56	-189.65	-115.22	-9.7	-20.41
Capital Expenditures	-6.05	-12.28	-45.89	-17.7	-40.31	-2.45
Sale of Property, Plant & Equipment	0.78	1.95	12.05	3.27	2.72	5.53
Sale (Purchase) of Intangibles	-5.68	-5.68	-9.59	-17.19	-	-
Investing Cash Flow	-8.32	3.39	-43.43	-31.62	-44.12	3.08
Long-Term Debt Issued	-	349.54	248.24	133.88	302.53	70.78
Long-Term Debt Repaid	-	-338.18	-47.18	-133.85	-253.85	-51.14
Net Debt Issued (Repaid)	-32.57	11.36	201.06	0.03	48.68	19.64
Issuance of Common Stock	-	-	-	193.45	4.02	-
Financing Cash Flow	-32.57	11.36	201.06	193.47	52.71	19.64
Miscellaneous Cash Flow Adjustments	-4.11	-4.4	-28.25	-2.04	-	-
Net Cash Flow	-4.65	6.78	-60.27	44.6	-1.11	2.3
Free Cash Flow	34.31	-15.84	-235.54	-132.92	-50.01	-22.86
Free Cash Flow Margin	5.83%	-2.96%	-47.98%	-36.56%	-52.18%	-42.88%
Free Cash Flow Per Share	0.29	-0.14	-2.02	-1.14	-0.58	-0.28
Cash Income Tax Paid	2.12	0.7	2.76	3.48	3.73	0.87
Levered Free Cash Flow	-136.77	42.36	-315.25	-119.91	-26.19	-
Unlevered Free Cash Flow	-113.73	66.82	-287.28	-107.23	-24.9	-
Change in Net Working Capital	114.47	-65.43	327.31	200.19	9.5	-

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