IST:HATEK 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	-73.18	-183.05	-212.19	-60.5	35.01
Depreciation & Amortization	104.72	66.58	43.22	60.19	8.8
Asset Writedown & Restructuring Costs	-9.43	-	25.46	9.77	0.43
Loss (Gain) on Equity Investments	-	-	-	51.38	-2.01
Provision & Write-off of Bad Debts	-4.1	-6.7	-13.81	-6.44	11.25
Other Operating Activities	-18.3	99.02	458.95	-2.93	-5.98
Change in Accounts Receivable	13.33	0.16	166.54	143.35	-65.74
Change in Inventory	48.98	-168.91	156.76	55.31	-81.71
Change in Accounts Payable	0.16	67.28	47.34	-138.42	40.12
Change in Unearned Revenue	0.06	-	-0.01	-	-
Change in Other Net Operating Assets	-21.04	146.2	-103.62	-34.32	-19.06
Operating Cash Flow	41.18	20.58	568.62	77.39	-78.89
Operating Cash Flow Growth	100.16%	-96.38%	634.71%	-	-
Capital Expenditures	-71.58	-	-448.29	-63.89	-8.63
Sale of Property, Plant & Equipment	-	17.92	279.96	10.14	0.4
Cash Acquisitions	-54.01	-	-	-	-
Sale (Purchase) of Intangibles	-	-378.64	-	-	-
Investing Cash Flow	-125.59	-360.71	-168.33	-53.76	-8.22
Long-Term Debt Issued	941.09	739.59	84.6	23.09	91.7
Long-Term Debt Repaid	-675.69	-570.45	-1.54	-	-0.53
Net Debt Issued (Repaid)	265.4	169.14	83.07	23.09	91.17
Repurchase of Common Stock	-232.38	-	-	-	-
Common Dividends Paid	-	-	-	-	-10
Other Financing Activities	-2.9	13.26	-0.03	-	-
Financing Cash Flow	30.12	182.4	83.04	23.09	81.17
Foreign Exchange Rate Adjustments	-	-	-	-	1.22
Miscellaneous Cash Flow Adjustments	-22.23	-9.49	-341.95	-	-
Net Cash Flow	-76.51	-167.22	141.38	46.72	-4.72
Free Cash Flow	-30.39	20.58	120.33	13.5	-87.52
Free Cash Flow Growth	-	-82.90%	791.40%	-	-
Free Cash Flow Margin	-3.06%	2.59%	11.10%	1.17%	-26.50%
Free Cash Flow Per Share	-0.48	0.33	1.91	0.21	-1.39
Cash Income Tax Paid	-	-5.46	-8.6	13.45	-1.74
Levered Free Cash Flow	-478.54	-415.53	-461.17	-340.49	-80.37
Unlevered Free Cash Flow	-124.16	-296.64	-378.1	-307.28	-73.26
Change in Working Capital	41.47	44.73	267	25.92	-126.39

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