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	Jun '25 Jun 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	570.74	181.63	198.7	2.26	15.02	3.85
Depreciation & Amortization	28.06	23.72	27.28	2.89	1.22	1.03
Loss (Gain) From Sale of Assets	-0.17	-1.58	-1.36	-0.28	0.07	-0.13
Loss (Gain) From Sale of Investments	-392.22	-	-4.73	-0.53	-0.09	-0.14
Provision & Write-off of Bad Debts	1.23	0.72	-0.11	-0.11	-0.01	0.15
Other Operating Activities	-77.2	2.43	-172.4	186.2	-6.33	-1.92
Change in Accounts Receivable	61.8	-109.97	-17.96	-118.15	-8.68	-6.26
Change in Inventory	-277.39	116.4	-29.74	30.56	-7.79	4.59
Change in Accounts Payable	119.64	0.79	-30.72	37.48	10.96	-8.91
Change in Unearned Revenue	-266.93	4.58	-278.98	73.04	43.38	-15.47
Change in Other Net Operating Assets	129.19	60.95	42.19	56.13	-28.56	13.42
Operating Cash Flow	-103.25	279.66	-267.84	269.49	19.18	-9.79
Operating Cash Flow Growth	-	-	-	1304.79%	-	-
Capital Expenditures	-34.22	-42.25	-123.61	-13.35	-9.25	-2.58
Sale of Property, Plant & Equipment	8.51	8.46	3.16	1.55	-	0.41
Sale (Purchase) of Intangibles	-0.03	-	-0.03	-0.11	-0.04	-0.1
Investment in Securities	237.5	66.95	-309.98	-58.55	8.56	-10.5
Other Investing Activities	458.18	338.29	175.03	12	4.75	4.13
Investing Cash Flow	669.94	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)	-13.73	-177.67	29.78	133.08	11.02	29.12
Issuance of Common Stock	-	-	1,025	68.61	-	17.17
Common Dividends Paid	-174.73	-34.73	-51.6	-54.38	-	-
Other Financing Activities	-27.67	-58.19	-99.54	-36.98	-4.64	-3.95
Financing Cash Flow	-216.13	-270.6	903.26	110.33	6.38	42.34
Miscellaneous Cash Flow Adjustments	-219.7	-226.77	-178.82	-146.1	-	-
Net Cash Flow	130.85	153.74	201.17	175.24	29.58	23.91
Free Cash Flow	-137.47	237.41	-391.45	256.14	9.94	-12.37
Free Cash Flow Growth	-	-	-	2477.23%	-	-
Free Cash Flow Margin	-7.42%	11.39%	-20.89%	20.30%	6.49%	-8.18%
Free Cash Flow Per Share	-	1.80	-2.97	2.56	0.17	-0.21
Cash Interest Paid	14.96	58.19	99.54	36.98	4.64	3.95
Cash Income Tax Paid	77.88	77.88	77.24	-	-	-
Levered Free Cash Flow	-183.22	75.23	-411.82	-54.54	-22.83	-
Unlevered Free Cash Flow	-183.22	120.61	-298.01	-25.59	-19.84	-
Change in Working Capital	-233.69	72.75	-315.21	79.06	9.31	-12.63

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