IST:GOODY 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	-1,779	-878.44	-641.83	-769.96	367.47	151.25
Depreciation & Amortization	747.79	736.15	766.4	458	77.01	62.32
Loss (Gain) From Sale of Assets	-0.28	-6.81	-10.38	4.54	-0.49	-0.3
Asset Writedown & Restructuring Costs	-22.84	22.15	91.41	16.45	1.82	0.64
Provision & Write-off of Bad Debts	114.8	179.94	132.15	6.52	0.97	0.15
Other Operating Activities	719.86	344.57	-928.17	1,171	71.97	67.81
Change in Accounts Receivable	82.61	-39.99	-498.82	110.36	-595.9	-137.11
Change in Inventory	-565.2	726.48	2,579	-845.24	-606.51	-49.85
Change in Accounts Payable	1,993	1,034	444.81	866.47	765.98	108.52
Change in Unearned Revenue	-15.37	-22.77	25.13	14.66	-	-
Change in Other Net Operating Assets	-772.08	67.38	-865.99	6.37	8.18	111.47
Operating Cash Flow	502.75	2,162	1,094	1,039	90.5	314.89
Operating Cash Flow Growth	-71.51%	97.63%	5.34%	1047.69%	-71.26%	-40.08%
Capital Expenditures	-335.81	-320.11	-593.48	-688.33	-189.34	-86.22
Sale of Property, Plant & Equipment	6.46	28.6	31.42	-	5.39	2.55
Other Investing Activities	-	-	-	17.29	5.92	-1.61
Investing Cash Flow	-329.36	-291.51	-562.06	-671.04	-178.03	-85.28
Short-Term Debt Issued	-	2,080	3,692	5,621	119.59	-
Total Debt Issued	2,299	2,080	3,692	5,621	119.59	-
Short-Term Debt Repaid	-	-1,730	-3,190	-4,450	-	-
Long-Term Debt Repaid	-	-76.75	-92.88	-57.31	-	-15.07
Total Debt Repaid	-1,924	-1,807	-3,283	-4,507	-	-15.07
Net Debt Issued (Repaid)	375.14	273.3	409.56	1,113	119.59	-15.07
Common Dividends Paid	-	-	-	-	-103.49	-
Other Financing Activities	-1,156	-1,280	-1,099	-1,242	-78.44	-39.87
Financing Cash Flow	-780.99	-1,006	-689.88	-128.9	-62.34	-54.94
Foreign Exchange Rate Adjustments	-329.72	-221.5	247.87	55.67	-	-
Net Cash Flow	-937.32	643.12	90.07	294.44	-149.86	174.67
Free Cash Flow	166.94	1,842	500.66	350.38	-98.83	228.67
Free Cash Flow Growth	-88.47%	267.97%	42.89%	-	-	-41.89%
Free Cash Flow Margin	0.81%	8.61%	1.71%	1.69%	-2.13%	7.16%
Free Cash Flow Per Share	0.62	6.82	1.85	1.30	-0.37	0.85
Cash Interest Paid	1,275	1,529	1,193	620.67	84.42	41.42
Cash Income Tax Paid	-	147.55	-	45.26	110.71	40.82
Levered Free Cash Flow	32.01	1,203	1,376	-1,799	-135.46	156.61
Unlevered Free Cash Flow	1,012	2,166	2,132	-1,388	-90.54	179.08
Change in Working Capital	722.88	1,765	1,685	152.61	-428.24	33.02

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