Erciyas Çelik Boru Sanayi A.S. (IST:ERCB)
Turkey · Delayed Price · Currency is TRY 47.06
-0.12 (-0.25%)
Last updated: Aug 26, 2026, 3:34 PM GMT+3
IST:ERCB Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | -593.11 | -405.84 | 28.57 | 92.17 | 184.75 | 24.68 |
Depreciation & Amortization | 364.7 | 290.18 | 250.17 | 174.8 | 118.21 | 53.95 |
Other Amortization | 4.94 | 8.93 | 6.21 | 3.66 | 2.04 | 0.77 |
Loss (Gain) From Sale of Assets | -0.16 | -0.07 | -0.87 | -0.33 | -0.05 | -0.09 |
Asset Writedown & Restructuring Costs | - | - | -22.25 | -13.09 | -12.09 | -40.73 |
Provision & Write-off of Bad Debts | -5.91 | -5.2 | 1.09 | -0.67 | -0.14 | -2.59 |
Other Operating Activities | 870.3 | 1,486 | 1,009 | 1,173 | 416 | 414.42 |
Change in Accounts Receivable | -1,298 | -1,418 | -929.5 | -170.98 | -442.79 | 6.31 |
Change in Inventory | 321.6 | 361.3 | 515.82 | -751.22 | -301.64 | -107.65 |
Change in Accounts Payable | -1,172 | -42.11 | 1,718 | 976.88 | 634.29 | 105.36 |
Change in Other Net Operating Assets | -1,432 | -1,021 | -2,055 | -1,628 | -667.35 | -421.99 |
Operating Cash Flow | -2,940 | -746.05 | 521.19 | -143.98 | -68.76 | 32.45 |
Operating Cash Flow Growth | - | - | - | - | - | -34.99% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -72.91 | -98.58 | -143.35 | -314.98 | -33.1 | -10.77 |
Sale of Property, Plant & Equipment | 0.58 | 0.42 | 1.62 | 0.34 | 0.24 | 0.09 |
Sale (Purchase) of Intangibles | -22.48 | -20.97 | -11.18 | -6.83 | -4.7 | -3.55 |
Investment in Securities | -0.35 | -0.35 | -0.18 | -0.06 | -0.03 | -0.01 |
Other Investing Activities | - | - | - | - | - | 2.45 |
Investing Cash Flow | -95.16 | -119.47 | -153.07 | -321.52 | -37.59 | -11.79 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 4,789 | 3,736 | 2,998 | 822.59 | 610.12 |
Long-Term Debt Repaid | - | -4,462 | -3,234 | -2,161 | -639.22 | -509.93 |
Net Debt Issued (Repaid) | 2,734 | 327.42 | 501.72 | 837.21 | 183.37 | 100.19 |
Issuance of Common Stock | 1,172 | 961.07 | - | - | - | - |
Other Financing Activities | -953.15 | -848.99 | -740.39 | -327.39 | -126.74 | -29.53 |
Financing Cash Flow | 2,953 | 439.5 | -238.66 | 509.82 | 56.64 | 70.66 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 46.21 | 92.97 | 49.15 | 87.65 | - | - |
Net Cash Flow | -35.6 | -333.06 | 178.6 | 131.97 | -49.72 | 91.32 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -3,013 | -844.63 | 377.84 | -458.96 | -101.87 | 21.68 |
Free Cash Flow Growth | - | - | - | - | - | -46.16% |
Free Cash Flow Margin | -51.91% | -11.94% | 5.21% | -5.56% | -2.90% | 2.06% |
Free Cash Flow Per Share | - | -10.86 | 4.86 | -5.90 | -1.31 | 0.28 |
Levered Free Cash Flow | -4,599 | -634.31 | -1,101 | -2,028 | -586.19 | -280.86 |
Unlevered Free Cash Flow | -4,117 | -144.94 | -716.74 | -1,861 | -521 | -259.53 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 601.91 | 871.82 | 764.75 | 357.93 | 137.98 | 45.9 |
Cash Income Tax Paid | 38.83 | 52.04 | 12.61 | -4.45 | 8.46 | 2.36 |
Change in Working Capital | -3,581 | -2,120 | -751.08 | -1,573 | -777.49 | -417.96 |