IST:GLCVY 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	Sep '25 Sep 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	1,458	1,182	855.12	390.68	173.87	102.28
Depreciation & Amortization	49.38	46.55	27.61	12.21	11.77	11.92
Other Amortization	8.74	8.59	7	5.09	4.22	3.17
Other Operating Activities	559.37	506.46	247.63	192.75	17.69	52.31
Change in Other Net Operating Assets	-3,144	-3,109	-883.31	-364.4	-339.04	-111.38
Operating Cash Flow	-1,124	-1,444	223.11	212.34	-131.49	58.3
Operating Cash Flow Growth	-	-	5.08%	-	-	-30.59%
Capital Expenditures	-195.21	-186.03	-93.61	-54.71	-6.12	-25.83
Sale of Property, Plant & Equipment	56.96	56.96	54.61	25.35	16.08	16.65
Divestitures	-	-	-	-	0.66	-
Investing Cash Flow	-138.07	-129.08	-39.01	-29.36	10.61	-9.17
Short-Term Debt Issued	-	2,763	342	551.49	-	-
Long-Term Debt Issued	-	-	-	-	166.41	-
Total Debt Issued	4,474	2,763	342	551.49	166.41	-
Short-Term Debt Repaid	-	-1,129	-75	-660	-	-
Long-Term Debt Repaid	-	-55.28	-24.97	-13.18	-130.65	-10.01
Total Debt Repaid	-2,845	-1,185	-99.97	-673.18	-130.65	-10.01
Net Debt Issued (Repaid)	1,629	1,578	242.03	-121.69	35.76	-10.01
Issuance of Common Stock	-	-	-	-	174.69	-
Common Dividends Paid	-350	-128.27	-300.08	-43.47	-58.28	-26.22
Financing Cash Flow	1,279	1,450	-58.05	-165.16	152.17	-36.22
Net Cash Flow	17.4	-123.43	126.06	17.82	31.3	12.9
Free Cash Flow	-1,319	-1,630	129.5	157.62	-137.61	32.47
Free Cash Flow Growth	-	-	-17.84%	-	-	-54.83%
Free Cash Flow Margin	-17.51%	-34.08%	4.72%	14.53%	-21.75%	7.91%
Free Cash Flow Per Share	-9.44	-11.67	0.93	1.13	-0.98	0.26
Cash Interest Paid	1,029	511.98	124.64	101.02	84.2	73.87
Cash Income Tax Paid	248.64	398.69	377.12	146.67	87.57	21.71
Levered Free Cash Flow	-2,042	-2,115	51.36	61.96	26.5	130.06
Unlevered Free Cash Flow	-1,410	-1,731	130.44	106.28	75.29	190.81
Change in Working Capital	-3,199	-3,188	-914.24	-388.4	-339.04	-111.38

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