IST:GMTAS Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
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
Net Income	-91.76	-138.94	476.3	5.03	-4.19
Depreciation & Amortization	75.03	64.38	43.65	24.46	16.17
Asset Writedown & Restructuring Costs	-70.37	-70.37	-7.97	-	-165.49
Other Operating Activities	108.75	162.54	-212.44	19.87	133.33
Change in Accounts Receivable	0.55	1.43	-18.7	19.49	-6.88
Change in Inventory	-288.04	-255.95	72.19	60.14	-33.03
Change in Accounts Payable	0.29	-0.43	0.57	11.45	23.91
Change in Unearned Revenue	0.8	5.14	-0.64	-14.63	3.77
Change in Other Net Operating Assets	229.76	98.74	56.91	16.23	34.34
Operating Cash Flow	-34.98	-133.46	409.87	142.05	1.93
Operating Cash Flow Growth	-	-	188.54%	7247.51%	-
Capital Expenditures	-87.48	-176.71	-21.22	-18.27	-7.2
Sale (Purchase) of Intangibles	-0.26	-	-61.31	-42.19	-0.28
Investment in Securities	106.23	106.23	-	-	-
Investing Cash Flow	19.84	-70.48	-82.53	-60.47	-7.48
Long-Term Debt Issued	-	66.33	36.66	46.05	5.52
Long-Term Debt Repaid	-	-	-50	-5.04	-
Net Debt Issued (Repaid)	-161.38	66.33	-13.35	41.01	5.52
Common Dividends Paid	-	-	-	-	-31.55
Other Financing Activities	0.03	0.03	-0.16	-	-
Financing Cash Flow	-161.35	66.36	-13.51	41.01	-26.04
Miscellaneous Cash Flow Adjustments	17.31	-94.71	-107.53	-81.43	-
Net Cash Flow	-159.18	-232.28	206.3	41.16	-31.58
Free Cash Flow	-122.46	-310.17	388.65	123.78	-5.26
Free Cash Flow Growth	-	-	213.99%	-	-
Free Cash Flow Margin	-2.17%	-5.93%	10.58%	4.50%	-0.39%
Free Cash Flow Per Share	-0.36	-1.03	1.30	0.41	-0.02
Cash Income Tax Paid	46.68	46.68	-45.01	-	-
Levered Free Cash Flow	35.79	-61.87	196.8	85.25	-
Unlevered Free Cash Flow	96.42	2.65	229.49	105.46	-
Change in Working Capital	-56.64	-151.08	110.33	92.68	22.11