IST:ETILR 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	Sep '25 Sep 30, 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	39.31	33.5	-38.49	39.43	14.7	8.67
Depreciation & Amortization	25.24	17.21	11.73	4.54	0.61	0.68
Loss (Gain) From Sale of Assets	0.22	-	-	-	-0.1	-0.99
Provision & Write-off of Bad Debts	3.71	1.63	0.47	-0.82	0.05	0.38
Other Operating Activities	16.6	65.34	31.28	-2.79	-0.99	1.14
Change in Accounts Receivable	-401.87	-148.34	27.8	-109.02	-21.26	-0.47
Change in Inventory	-26.42	40.93	-59.97	6.38	-4.54	0.04
Change in Accounts Payable	162.16	9.14	-23.81	62.64	5.87	-0.25
Change in Unearned Revenue	84.77	-6.73	24	37.23	0.67	0.07
Change in Other Net Operating Assets	-83.01	-26.54	-29.45	-13.43	-2.5	-5.33
Operating Cash Flow	-179.28	-13.85	-56.42	24.16	-7.49	3.93
Operating Cash Flow Growth	-	-	-	-	-	3453.33%
Capital Expenditures	-44.65	-24.43	-54.41	-84.75	-	-0.01
Sale of Property, Plant & Equipment	0.07	0.06	51.43	1.21	0.09	3.45
Cash Acquisitions	-	-	-	-	-	0.66
Sale (Purchase) of Real Estate	-	-	-	-	-5.13	0.15
Investment in Securities	-	-	-	-	-	1.33
Investing Cash Flow	-44.58	-24.37	-2.99	-83.53	-5.04	5.57
Long-Term Debt Issued	-	241.56	201.87	90.23	0.02	-
Total Debt Issued	631.87	241.56	201.87	90.23	0.02	-
Short-Term Debt Repaid	-	-	-	-	-	-0.01
Long-Term Debt Repaid	-	-153.45	-108.23	-11.46	-	-0.48
Total Debt Repaid	-416.7	-153.45	-108.23	-11.46	-	-0.49
Net Debt Issued (Repaid)	215.17	88.11	93.64	78.77	0.02	-0.49
Issuance of Common Stock	120	-	-	-	-	27.65
Other Financing Activities	18.16	-52.91	-25.81	-5.03	-0.24	-
Financing Cash Flow	353.34	35.2	67.84	73.74	-0.23	27.16
Miscellaneous Cash Flow Adjustments	-5.63	-12.91	-21.75	-	-	-
Net Cash Flow	123.84	-15.93	-13.32	14.36	-12.76	36.67
Free Cash Flow	-223.93	-38.28	-110.84	-60.59	-7.49	3.92
Free Cash Flow Growth	-	-	-	-	-	3797.15%
Free Cash Flow Margin	-9.42%	-3.47%	-23.22%	-21.54%	-25.63%	163.77%
Free Cash Flow Per Share	-0.93	-0.32	-0.92	-0.51	-0.06	0.03
Cash Interest Paid	34.23	52.91	25.81	5.03	0.24	-
Cash Income Tax Paid	-	-0.08	-1.47	5.04	1.6	0.18
Levered Free Cash Flow	-273.84	-82.88	-131.1	-158.89	-18.12	-4.47
Unlevered Free Cash Flow	-249.79	-49.81	-114.23	-155.13	-18.1	-4.35
Change in Working Capital	-264.37	-131.53	-61.42	-16.2	-21.76	-5.94

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.