IST:EPLAS 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	-192.88	-456.02	104.09	24.18	-41.75
Depreciation & Amortization	121.76	127.45	51.44	32.09	6.09
Other Amortization	-	-	-	-	0.07
Loss (Gain) From Sale of Assets	-	-	-	-	-0.57
Asset Writedown & Restructuring Costs	-	-	24.36	-	-
Loss (Gain) From Sale of Investments	-30.75	-19.89	-	-	-
Provision & Write-off of Bad Debts	-3.2	3.75	8.55	9	11.02
Other Operating Activities	-121.42	13.42	-297.03	-97.67	71.46
Change in Accounts Receivable	-2.4	67.39	132.94	-124.56	-12.01
Change in Inventory	-69.87	179.91	24.44	56.21	-21.4
Change in Accounts Payable	114.59	34.65	107.93	-12.34	11.26
Change in Unearned Revenue	-	-	-	165.86	-0.01
Change in Other Net Operating Assets	9.92	123.74	-353.22	-216.22	70.99
Operating Cash Flow	-174.27	74.41	-196.5	-163.45	95.16
Operating Cash Flow Growth	-	-	-	-	473.63%
Capital Expenditures	-79.89	-55.89	-74.18	-24.27	-149.94
Sale of Property, Plant & Equipment	0.03	0.09	0.03	0.8	0.75
Sale (Purchase) of Intangibles	-0.28	-0.44	-	-	-
Sale (Purchase) of Real Estate	13.03	-	-	2.61	-
Other Investing Activities	1,159	715.76	651.54	1.33	0.83
Investing Cash Flow	1,092	659.52	577.39	-19.53	-148.36
Long-Term Debt Issued	306.56	205.24	40.21	9.18	24.25
Long-Term Debt Repaid	-226.79	-196.26	-39.68	-18.99	-3.74
Net Debt Issued (Repaid)	79.77	8.98	0.53	-9.81	20.52
Issuance of Common Stock	-	-	-	286.5	-
Other Financing Activities	-985.89	-746.29	-609.66	-0.78	-16.11
Financing Cash Flow	-906.13	-737.3	-609.13	275.91	4.4
Foreign Exchange Rate Adjustments	-11.22	0	-0.97	-0.72	-0.48
Miscellaneous Cash Flow Adjustments	4.06	6.32	96.28	-	-
Net Cash Flow	4.61	2.95	-132.93	92.22	-49.29
Free Cash Flow	-254.16	18.52	-270.68	-187.72	-54.78
Free Cash Flow Margin	-11.31%	0.91%	-12.61%	-12.67%	-12.71%
Free Cash Flow Per Share	-1.33	0.10	-1.42	-1.07	-0.40
Cash Interest Paid	43.62	24.13	9.79	35.32	32.51
Cash Income Tax Paid	-12.61	37.51	60.43	47.79	7.04
Levered Free Cash Flow	196.77	188.2	-217.05	-110.97	10.44
Unlevered Free Cash Flow	236.48	217.96	-193.32	-75.43	22.92
Change in Working Capital	52.23	405.69	-87.91	-131.05	48.84

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