IST:GEDZA 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	16.36	6.67	107.91	-17.41	57.73
Depreciation & Amortization	43.2	41.47	25.82	14.82	2.45
Loss (Gain) From Sale of Assets	3.32	0.23	-	-	-
Provision & Write-off of Bad Debts	1.57	0.48	0.96	-	-
Other Operating Activities	67.87	8.84	7.9	404.49	12.46
Change in Accounts Receivable	-127.48	-28.35	-85.45	-64.31	-
Change in Inventory	-39.28	-65.17	-42.9	-96.7	-
Change in Accounts Payable	101.71	7.29	33.62	-58.17	-
Change in Unearned Revenue	1.7	0.48	-0.27	-0.37	-
Change in Other Net Operating Assets	-93.12	-11.68	33.65	-31.21	-
Operating Cash Flow	-24.16	-39.74	81.24	151.15	72.64
Operating Cash Flow Growth	-	-	-46.26%	108.08%	164.19%
Capital Expenditures	-26.28	-48.94	-63.73	-114.09	-25.05
Sale of Property, Plant & Equipment	1.87	0.5	1.62	-	0.56
Sale (Purchase) of Real Estate	-5.41	-1.08	-	-	-
Investment in Securities	-	3.14	-5.29	2.65	-
Other Investing Activities	21.36	24.05	6.03	-	-
Investing Cash Flow	-8.46	-22.34	-61.37	-111.44	-24.49
Short-Term Debt Issued	-	-	-	-	32.22
Long-Term Debt Issued	-	25.78	41.85	-	-
Total Debt Issued	-	25.78	41.85	-	32.22
Short-Term Debt Repaid	-	-	-	-65.17	-49.52
Long-Term Debt Repaid	-39.54	-	-34.9	-	-
Total Debt Repaid	-39.54	-	-34.9	-65.17	-49.52
Net Debt Issued (Repaid)	-39.54	25.78	6.95	-65.17	-17.29
Repurchase of Common Stock	-1.11	-	-	-	-
Common Dividends Paid	-	-	-	-	-0.03
Other Financing Activities	-4.27	5.3	3.38	-	-11.88
Financing Cash Flow	-44.92	31.08	10.33	-65.17	-29.21
Foreign Exchange Rate Adjustments	-	-	-	-142.41	-1.07
Miscellaneous Cash Flow Adjustments	46.83	42.93	25.73	-	-
Net Cash Flow	-30.71	11.93	55.93	-167.86	17.88
Free Cash Flow	-50.44	-88.68	17.51	37.07	47.59
Free Cash Flow Growth	-	-	-52.77%	-22.11%	75.36%
Free Cash Flow Margin	-4.73%	-12.31%	2.06%	6.16%	37.69%
Free Cash Flow Per Share	-	-1.90	0.38	0.79	1.02
Cash Interest Paid	-	-	-	-	11.88
Cash Income Tax Paid	-	-	11.43	-	17.49
Levered Free Cash Flow	133.65	5.25	41.19	-170.58	-14.84
Unlevered Free Cash Flow	183.5	13.8	43.31	-170.27	-14.5
Change in Working Capital	-156.46	-97.44	-61.35	-250.75	-

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