IST:GIPTA 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	Mar '25 Mar 31, 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	236.13	181.63	198.7	2.26	15.02	3.85
Depreciation & Amortization	24.87	23.72	27.28	2.89	1.22	1.03
Loss (Gain) From Sale of Assets	0.39	-1.58	-1.36	-0.28	0.07	-0.13
Loss (Gain) From Sale of Investments	5.83	-	-4.73	-0.53	-0.09	-0.14
Provision & Write-off of Bad Debts	0.33	0.72	-0.11	-0.11	-0.01	0.15
Other Operating Activities	21.59	2.43	-172.4	186.2	-6.33	-1.92
Change in Accounts Receivable	78.21	-109.97	-17.96	-118.15	-8.68	-6.26
Change in Inventory	101.7	116.4	-29.74	30.56	-7.79	4.59
Change in Accounts Payable	2.87	0.79	-30.72	37.48	10.96	-8.91
Change in Unearned Revenue	-292.29	4.58	-278.98	73.04	43.38	-15.47
Change in Other Net Operating Assets	-95.45	60.95	42.19	56.13	-28.56	13.42
Operating Cash Flow	84.18	279.66	-267.84	269.49	19.18	-9.79
Operating Cash Flow Growth	64.78%	-	-	1304.79%	-	-
Capital Expenditures	-49.71	-42.25	-123.61	-13.35	-9.25	-2.58
Sale of Property, Plant & Equipment	8.46	8.46	3.16	1.55	-	0.41
Sale (Purchase) of Intangibles	-	-	-0.03	-0.11	-0.04	-0.1
Investment in Securities	889.51	66.95	-309.98	-58.55	8.56	-10.5
Other Investing Activities	373.97	338.29	175.03	12	4.75	4.13
Investing Cash Flow	1,222	371.45	-255.43	-58.47	4.02	-8.64
Long-Term Debt Issued	-	82	139.1	133.08	39.31	75.23
Long-Term Debt Repaid	-	-259.67	-109.32	-	-28.3	-46.11
Net Debt Issued (Repaid)	-48.22	-177.67	29.78	133.08	11.02	29.12
Issuance of Common Stock	-	-	1,025	68.61	-	17.17
Common Dividends Paid	-34.73	-34.73	-51.6	-54.38	-	-
Other Financing Activities	-31.75	-58.19	-99.54	-36.98	-4.64	-3.95
Financing Cash Flow	-114.71	-270.6	903.26	110.33	6.38	42.34
Miscellaneous Cash Flow Adjustments	-210.18	-226.77	-178.82	-146.1	-	-
Net Cash Flow	981.53	153.74	201.17	175.24	29.58	23.91
Free Cash Flow	34.48	237.41	-391.45	256.14	9.94	-12.37
Free Cash Flow Growth	-	-	-	2477.23%	-	-
Free Cash Flow Margin	1.82%	11.39%	-20.89%	20.30%	6.49%	-8.18%
Free Cash Flow Per Share	0.26	1.80	-2.97	2.56	0.17	-0.21
Cash Interest Paid	31.75	58.19	99.54	36.98	4.64	3.95
Cash Income Tax Paid	86.49	77.88	77.24	-	-	-
Levered Free Cash Flow	-126.92	75.23	-411.82	-54.54	-22.83	-
Unlevered Free Cash Flow	-126.92	120.61	-298.01	-25.59	-19.84	-
Change in Net Working Capital	239.35	32.35	331.43	111.25	23.27	-

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.