IST:ENTRA 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	-1,819	2,574	1,857	3,290	-3,802
Depreciation & Amortization	2,149	2,246	1,619	620.18	618.69
Loss (Gain) on Sale of Assets	15.51	-	-0.78	0.16	0.19
Asset Writedown	1,191	-	13.59	8.21	-
Change in Accounts Receivable	23.85	-284.42	704.75	-784.85	148.1
Change in Accounts Payable	-185	83.45	-628.45	913.21	78.76
Change in Other Net Operating Assets	125.66	-422.42	124.82	-39.15	39.43
Other Operating Activities	1,699	-1,956	172.47	-1,405	4,616
Operating Cash Flow	3,201	2,240	3,862	2,603	1,699
Operating Cash Flow Growth	42.86%	-41.99%	48.38%	53.21%	-
Capital Expenditures	-401.1	-3,731	-2,482	-15.87	-9.94
Sale of Property, Plant & Equipment	6.11	-	1.69	0.47	1.59
Cash Acquisitions	-	-9.26	-	-	-0.89
Sale (Purchase) of Intangibles	-42.32	-233.85	-3.75	-0.54	-
Other Investing Activities	998.03	401.38	36.79	75.73	6.77
Investing Cash Flow	532.71	-3,194	-2,777	59.79	-2.48
Short-Term Debt Issued	-	489.38	-	-	544.6
Long-Term Debt Issued	1,512	1,259	1,855	-	-
Total Debt Issued	1,512	1,748	1,855	-	544.6
Short-Term Debt Repaid	-329.68	-	-	-235.95	-
Long-Term Debt Repaid	-3,487	-1,470	-2,000	-1,048	-1,007
Total Debt Repaid	-3,817	-1,470	-2,000	-1,284	-1,007
Net Debt Issued (Repaid)	-2,305	278.26	-145.27	-1,284	-461.95
Issuance of Common Stock	-	3,601	910.41	-	-
Other Financing Activities	-1,390	-1,796	-1,635	-1,090	-1,200
Financing Cash Flow	-3,695	2,084	-869.9	-2,374	-1,662
Foreign Exchange Rate Adjustments	-8.56	-	-169.01	-139.27	-81.93
Miscellaneous Cash Flow Adjustments	-242.03	-541.95	-	-	-
Net Cash Flow	-212.24	588.64	46.57	149.55	-47.52
Free Cash Flow	2,800	-1,491	1,380	2,587	1,689
Free Cash Flow Growth	-	-	-46.66%	53.17%	-
Free Cash Flow Margin	66.57%	-37.08%	33.09%	81.95%	100.05%
Free Cash Flow Per Share	1.52	-0.86	1.04	2.48	1.62
Cash Interest Paid	1,550	2,082	2,044	1,058	1,066
Cash Income Tax Paid	-1.75	188.42	0.52	1.32	-
Levered Free Cash Flow	1,341	-3,231	-934.53	1,269	-
Unlevered Free Cash Flow	2,275	-1,806	356.77	1,934	-
Change in Working Capital	-35.48	-623.39	201.12	89.2	266.28

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