IST:GLBMD 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	-71.35	17.5	198.93	32.66	2.79
Depreciation & Amortization, Total	27.82	20.71	27.95	20.41	2.56
Gain (Loss) On Sale of Investments	-13.72	-9.84	-	-	-
Change in Accounts Receivable	-342.9	288	1,149	-524.85	-114.03
Change in Accounts Payable	-380.21	-372.88	-264.23	485.2	108.3
Change in Other Net Operating Assets	-55.5	69.91	-192.86	-25.98	-47.7
Other Operating Activities	319	388.22	18.97	113.07	47.29
Operating Cash Flow	-527.53	404.79	939.78	103.78	6.51
Capital Expenditures	-14.85	-20.08	-27.53	-26.36	-1.74
Sale (Purchase) of Intangibles	-	-	-	-0.75	-1.41
Investment in Securities	-70.21	-61.07	-53.53	-21.29	-6.17
Other Investing Activities	827.57	127.19	-617.38	-63.22	-7.78
Investing Cash Flow	743.3	46.04	-698.45	-111.62	-16.97
Short-Term Debt Issued	-	-	-	-	66.99
Long-Term Debt Issued	313.36	-	-	-	-
Total Debt Issued	313.36	-	-	-	66.99
Short-Term Debt Repaid	-	-	-	-54.26	-
Long-Term Debt Repaid	-	-18.76	-282	-3.38	-1.34
Total Debt Repaid	-	-18.76	-282	-57.65	-1.34
Net Debt Issued (Repaid)	313.36	-18.76	-282	-57.65	65.64
Other Financing Activities	-62.05	-72.32	-0.21	-44.15	-20.58
Financing Cash Flow	251.31	-91.08	-282.21	-101.8	45.06
Net Cash Flow	238.49	34.12	-43.5	-106.26	34.6
Free Cash Flow	-542.38	384.71	912.24	77.42	4.77
Free Cash Flow Growth	-	-57.83%	1078.24%	1522.28%	-
Free Cash Flow Margin	-1.98%	1.40%	3.33%	0.39%	0.06%
Free Cash Flow Per Share	-4.60	3.26	7.73	0.66	0.04
Cash Interest Paid	164.82	180.54	67.25	66.72	26.92
Cash Income Tax Paid	41.35	99.99	74.48	17.73	7.9

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.