Girisim Elektrik Sanayi Taahhüt ve Ticaret A.S. (IST:GESAN)
Turkey · Delayed Price · Currency is TRY 82.00
-0.75 (-0.91%)
At close: Aug 7, 2026
IST:GESAN 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 | Mar '26 Mar 31, 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 | 545.08 | 903.41 | 1,760 | 992.11 | 650.45 | 220.49 |
Depreciation & Amortization | 384.53 | 363.55 | 260.19 | 208.67 | 71.09 | 10.86 |
Other Amortization | 145.34 | 145.34 | 122.71 | 83.14 | 31.75 | 3.61 |
Loss (Gain) From Sale of Assets | -20.17 | -22.52 | -7.39 | - | - | - |
Asset Writedown & Restructuring Costs | - | - | -29.26 | -30.26 | -31.21 | -1.75 |
Provision & Write-off of Bad Debts | 103.74 | 88.87 | 170.27 | 22.39 | - | - |
Other Operating Activities | 1,360 | 384.09 | 396.55 | 578.37 | -51.15 | 155.29 |
Change in Accounts Receivable | -2,097 | 1,295 | -603.7 | -695.07 | -326.6 | -291.54 |
Change in Inventory | -3,656 | -2,553 | 79.66 | -687 | -317.8 | -95.88 |
Change in Accounts Payable | 408.13 | 387.44 | - | 590.64 | 296.35 | 290.92 |
Change in Unearned Revenue | 1,128 | -2,377 | -958.35 | 1,189 | 1,102 | 113.93 |
Change in Income Taxes | 409.9 | 409.9 | 1,012 | - | - | - |
Change in Other Net Operating Assets | -350.54 | 243.73 | -1,922 | -4,981 | -1,129 | -455.49 |
Operating Cash Flow | -1,639 | -731.24 | 280.5 | -2,729 | 296.82 | -49.56 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -1,349 | -1,614 | -1,006 | -1,321 | -351.38 | -128.29 |
Sale of Property, Plant & Equipment | 345.59 | 27.29 | 31.55 | 143.23 | 6.68 | - |
Sale (Purchase) of Intangibles | -295.88 | -295.88 | -232.27 | - | - | -19.17 |
Sale (Purchase) of Real Estate | -25.13 | -25.13 | -17.39 | - | - | - |
Other Investing Activities | 608.89 | 755.86 | - | 412.78 | 16.37 | 6.05 |
Investing Cash Flow | -715.21 | -1,152 | -1,224 | -765.36 | -328.34 | -141.41 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | - | - | 3,211 | 2,279 | 1,286 | 386.18 |
Long-Term Debt Repaid | - | - | -1,969 | -1,911 | -634.61 | -382.59 |
Net Debt Issued (Repaid) | 8.64 | - | 1,242 | 368.64 | 651.02 | 3.59 |
Issuance of Common Stock | - | - | - | 3,128 | - | 245.65 |
Other Financing Activities | 2,378 | 2,312 | -507.48 | -463.23 | -83.42 | -38.88 |
Financing Cash Flow | 2,387 | 2,312 | 734.38 | 3,033 | 567.6 | 210.36 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -608.91 | -333.4 | -356.22 | - | - | - |
Net Cash Flow | -575.87 | 95 | -564.98 | -461.26 | 536.09 | 19.39 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | -2,988 | -2,346 | -725.04 | -4,050 | -54.56 | -177.85 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -13.44% | -11.39% | -3.65% | -26.85% | -0.73% | -14.44% |
Free Cash Flow Per Share | -6.50 | -5.10 | -1.58 | -8.80 | -0.12 | -0.39 |
Levered Free Cash Flow | -6,036 | -2,581 | -2,769 | -2,075 | -1,209 | -400.83 |
Unlevered Free Cash Flow | -5,979 | -2,482 | -2,454 | -1,750 | -1,076 | -363.9 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 | 91.85 | 158.54 | 502.98 | 437.14 | 72.81 | 38.97 |
Cash Income Tax Paid | - | -2,364 | 618 | 468.49 | 108.77 | 21.87 |
Change in Working Capital | -4,158 | -2,594 | -2,393 | -4,584 | -374.11 | -438.06 |