IST:GSRAY Cash Flow Statement

Financials in millions TRY. Fiscal year is June - May.

Millions TRY. Fiscal year is Jun - May.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021	2016 - 2020
Net Income	-886.7	3,759	-720.6	-377.49	-434.55	Upgrade
Depreciation & Amortization	2,249	1,707	731.54	127.5	101.8	Upgrade
Loss (Gain) From Sale of Assets	-923.6	-1,981	-329.63	-1.25	-16	Upgrade
Asset Writedown & Restructuring Costs	19.53	18.22	-11.13	-5.31	-1.48	Upgrade
Provision & Write-off of Bad Debts	-6.82	0.99	5.22	0.77	2.03	Upgrade
Other Operating Activities	568.06	-2,812	632.68	183.6	160.9	Upgrade
Change in Accounts Receivable	-134.06	-531.57	-296.79	-11.46	-8.83	Upgrade
Change in Inventory	-18.65	-360.61	-47.57	-31.09	-4.92	Upgrade
Change in Accounts Payable	7,200	-980.08	3,256	-104.75	-56.48	Upgrade
Change in Unearned Revenue	1,228	1,563	833.85	32.17	4.05	Upgrade
Change in Other Net Operating Assets	-10,579	1,598	-989.4	230.67	151.37	Upgrade
Operating Cash Flow	-1,285	1,980	3,064	43.35	-102.11	Upgrade
Operating Cash Flow Growth	-	-35.37%	6968.19%	-	-	Upgrade
Capital Expenditures	-186.38	-103.05	-13.58	-9.77	-2.51	Upgrade
Sale (Purchase) of Intangibles	904.29	1,873	-375.84	-109.07	-2.32	Upgrade
Sale (Purchase) of Real Estate	-7.19	-	-3.72	-12.43	-0.34	Upgrade
Other Investing Activities	-	-	-	-	-284.29	Upgrade
Investing Cash Flow	710.72	1,770	-393.13	-131.27	-289.46	Upgrade
Long-Term Debt Issued	564.66	14.03	1,904	-	2,791	Upgrade
Long-Term Debt Repaid	-3,649	-1,865	-33.66	-12.72	-1,910	Upgrade
Net Debt Issued (Repaid)	-3,084	-1,851	1,870	-12.72	881.59	Upgrade
Issuance of Common Stock	4,747	1,031	-	-	-	Upgrade
Other Financing Activities	-893.3	-3,103	-4,378	-3.42	-330.98	Upgrade
Financing Cash Flow	769.92	-3,923	-2,508	-16.15	550.61	Upgrade
Miscellaneous Cash Flow Adjustments	-11.48	-61.18	-58.5	-	-	Upgrade
Net Cash Flow	184.19	-234.23	104.5	-104.06	159.05	Upgrade
Free Cash Flow	-1,471	1,877	3,051	33.59	-104.62	Upgrade
Free Cash Flow Growth	-	-38.46%	8982.86%	-	-	Upgrade
Free Cash Flow Margin	-13.34%	17.44%	89.29%	2.82%	-16.91%	Upgrade
Free Cash Flow Per Share	-0.55	2.06	5.65	0.06	-0.19	Upgrade
Cash Interest Paid	893.3	3,103	472.95	-	334.26	Upgrade
Cash Income Tax Paid	-28.13	17.05	0.51	3.32	-	Upgrade
Levered Free Cash Flow	1,558	2,588	2,148	16.86	-233.68	Upgrade
Unlevered Free Cash Flow	2,953	3,859	2,660	343.84	-72.11	Upgrade
Change in Working Capital	-2,304	1,288	2,756	115.53	85.19	Upgrade

Updated May 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.