IST:GEDIK 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	1,508	480.33	1,114	63.02	240.16
Depreciation & Amortization, Total	240.44	191.78	54.28	52.53	12.04
Gain (Loss) On Sale of Investments	436.39	163.53	2.81	0.91	2.59
Change in Accounts Receivable	-5,304	1,068	2,054	-5,635	-762.94
Change in Accounts Payable	1,695	2,212	-465.8	3,943	312.78
Change in Other Net Operating Assets	65.31	-1,863	-1,624	-642.01	-286.79
Other Operating Activities	-1,560	773.05	25.73	846.66	16.23
Operating Cash Flow	-3,008	2,993	1,266	-413.05	-467.89
Capital Expenditures	-48.92	-84.22	-52.84	-13.89	-7.42
Cash Acquisitions	-	-	-	-66.35	-
Sale (Purchase) of Intangibles	-127.04	-139.01	-92.89	-11.51	-1.74
Investment in Securities	-210.01	-10.61	-14.5	-	-85.17
Other Investing Activities	-	-	-	-	74.23
Investing Cash Flow	-382.98	-233.35	-157.02	-87.11	-17.31
Short-Term Debt Issued	5,188	4,491	2,336	2,423	998.3
Total Debt Issued	5,188	4,491	2,336	2,423	998.3
Short-Term Debt Repaid	-1,363	-1,767	-3,191	-2,165	-358.95
Long-Term Debt Repaid	-37.74	-49.06	-29.3	-18.1	-50.3
Total Debt Repaid	-1,401	-1,816	-3,220	-2,183	-409.25
Net Debt Issued (Repaid)	3,787	2,675	-884.16	239.82	589.05
Issuance of Common Stock	-	-	1.28	655.42	-
Repurchase of Common Stock	-56.92	-256.4	-16.83	-80.1	-
Common Dividends Paid	-560.93	-1,004	-202.58	-166.62	-30
Other Financing Activities	1,224	323.27	297.72	145.6	-81.07
Financing Cash Flow	4,394	1,738	-804.57	794.12	477.98
Net Cash Flow	119.86	4,089	-6.96	293.96	-7.22
Free Cash Flow	-3,057	2,909	1,213	-426.94	-475.31
Free Cash Flow Growth	-	139.84%	-	-	-
Free Cash Flow Margin	-0.70%	2.98%	0.86%	-0.28%	-2.53%
Free Cash Flow Per Share	-1.53	1.46	0.61	-0.33	-0.37
Cash Interest Paid	29.94	17.83	132.43	35.99	85.13
Cash Income Tax Paid	447.48	634.49	271.8	69.37	64.27

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