Galata Wind Enerji A.S. 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	845.43	1,092	900.27	1,465	170.91
Depreciation & Amortization	963.76	812.72	560.78	380.37	63.16
Asset Writedown	4.04	80.91	0.28	17.9	-57.45
Change in Accounts Receivable	3.51	-26.55	0.45	89.62	-49.51
Change in Inventory	4.87	-	0.04	0.05	0.83
Change in Accounts Payable	-120.16	48.27	59.99	4.77	1.82
Change in Other Net Operating Assets	35.09	-272.47	401.26	539.75	36.21
Other Operating Activities	-88.83	219.39	944.7	-1,809	153.51
Operating Cash Flow	1,648	1,954	2,868	688.21	319.49
Operating Cash Flow Growth	-15.69%	-31.85%	316.70%	115.41%	17.38%
Capital Expenditures	-636.11	-2,610	-1,900	-117.19	-85.19
Sale of Property, Plant & Equipment	-	-	0.06	-	1.85
Cash Acquisitions	-653.77	32.82	-	-61.65	-
Sale (Purchase) of Intangibles	-977.58	-13.82	1.38	-3	-0.32
Investment in Securities	-	-	54.04	-125.72	-
Other Investing Activities	20.35	1,343	-1,134	-181.85	0.15
Investing Cash Flow	-2,247	-1,248	-2,979	-489.42	-83.51
Long-Term Debt Issued	1,066	2,458	-	280.11	448.81
Long-Term Debt Repaid	-634.05	-769.61	-148.9	-715.02	-511.09
Net Debt Issued (Repaid)	431.74	1,689	-148.9	-434.9	-62.28
Common Dividends Paid	-399.51	-695.61	-761.89	-330.6	-100
Other Financing Activities	-127.86	-63.4	-17.84	-112.4	-34.02
Financing Cash Flow	-95.63	929.77	-928.63	-877.9	-196.3
Foreign Exchange Rate Adjustments	251.61	25	421.93	270.72	53.12
Miscellaneous Cash Flow Adjustments	-85.07	-71.18	-846.02	1,058	-
Net Cash Flow	-528.48	1,590	-1,464	649.61	92.81
Free Cash Flow	1,012	-655.98	967.75	571.02	234.3
Free Cash Flow Growth	-	-	69.48%	143.71%	-
Free Cash Flow Margin	34.41%	-21.20%	36.06%	24.86%	43.37%
Free Cash Flow Per Share	1.87	-1.22	1.79	1.06	0.43
Cash Interest Paid	127.86	63.4	17.84	112.4	34.02
Cash Income Tax Paid	221.15	155.02	179.74	219.85	19.79
Levered Free Cash Flow	-164.75	-1,258	-99.93	1,082	76.56
Unlevered Free Cash Flow	-99.44	-1,210	-40.21	1,214	103.28
Change in Working Capital	-76.68	-250.76	461.74	634.19	-10.65

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