IST:GZNMI 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	37.31	-17.82	-155.66	520.56	17.52
Depreciation & Amortization	100.23	87.16	20.1	6.41	1.26
Loss (Gain) From Sale of Assets	-	-	-	-0.07	-
Asset Writedown & Restructuring Costs	-	-	0.09	-	-
Loss (Gain) From Sale of Investments	48.27	51.73	-334.98	-596.34	-0.36
Loss (Gain) on Equity Investments	4	4	-59.15	-	-
Provision & Write-off of Bad Debts	-	-	0.51	0.61	6.49
Other Operating Activities	172.23	205.77	69.63	48.53	4.29
Change in Accounts Receivable	-68.07	18.98	-130.82	-7.1	-7.73
Change in Inventory	-2.37	-0.82	-	-	-
Change in Accounts Payable	-108.36	212.63	91.03	-39.95	19.33
Change in Other Net Operating Assets	-112.62	-380.97	-318.67	37.4	-30.99
Operating Cash Flow	70.62	180.65	-817.91	-29.96	9.82
Capital Expenditures	-24.27	-36.71	-78.55	-6.66	-1.34
Sale of Property, Plant & Equipment	1.59	1.59	13.67	0.4	-
Cash Acquisitions	-	-	-36.91	-56.28	-
Sale (Purchase) of Intangibles	-0.21	-0.66	-2.52	-0.95	-0.03
Investment in Securities	-55.4	28.05	1,060	-208.57	-0.54
Other Investing Activities	68	25.18	12.4	13.34	0.44
Investing Cash Flow	-10.29	17.46	967.63	-258.73	-1.47
Long-Term Debt Issued	-	486.69	2.25	-	-
Long-Term Debt Repaid	-	-391.25	-4.49	-3.13	-11.13
Net Debt Issued (Repaid)	93.07	95.44	-2.24	-3.13	-11.13
Issuance of Common Stock	-	-	-	284.33	12.69
Other Financing Activities	-170.48	-118.42	-69.86	-	-2.28
Financing Cash Flow	-77.42	-22.98	-72.1	281.19	-0.72
Net Cash Flow	208.55	175.13	77.61	-7.5	7.63
Free Cash Flow	46.35	143.94	-896.47	-36.62	8.48
Free Cash Flow Margin	1.82%	5.63%	-42.02%	-3.86%	5.00%
Free Cash Flow Per Share	0.71	2.21	-13.79	-0.56	0.56
Cash Interest Paid	170.48	118.42	69.86	-	2.28
Cash Income Tax Paid	18.49	12.96	24.43	21.92	3.41
Levered Free Cash Flow	-347.23	-102.52	-482.73	-53.16	-
Unlevered Free Cash Flow	-261.76	-22.22	-439.07	-41.58	-
Change in Net Working Capital	400.87	149.88	387.44	79.77	-

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