IST:HATEK 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	-112.06	-183.05	-212.19	-60.5	35.01	16.72
Depreciation & Amortization	82.12	66.58	43.22	60.19	8.8	11.48
Asset Writedown & Restructuring Costs	-	-	25.46	9.77	0.43	0.09
Loss (Gain) on Equity Investments	-	-	-	51.38	-2.01	-0.24
Provision & Write-off of Bad Debts	1.16	-6.7	-13.81	-6.44	11.25	-1.1
Other Operating Activities	-51.96	99.02	458.95	-2.93	-5.98	1.29
Change in Accounts Receivable	58.91	0.16	166.54	143.35	-65.74	-23.1
Change in Inventory	103.33	-168.91	156.76	55.31	-81.71	-12.31
Change in Accounts Payable	66.66	67.28	47.34	-138.42	40.12	5.65
Change in Unearned Revenue	0.38	-	-0.01	-	-	-
Change in Other Net Operating Assets	-75.78	146.2	-103.62	-34.32	-19.06	-5.71
Operating Cash Flow	72.75	20.58	568.62	77.39	-78.89	-7.22
Operating Cash Flow Growth	-87.48%	-96.38%	634.71%	-	-	-
Capital Expenditures	374.51	-	-448.29	-63.89	-8.63	-3.49
Sale of Property, Plant & Equipment	-2.03	17.92	279.96	10.14	0.4	0.77
Sale (Purchase) of Intangibles	-378.64	-378.64	-	-	-	-
Investing Cash Flow	-59.39	-360.71	-168.33	-53.76	-8.22	-2.72
Long-Term Debt Issued	-	739.59	84.6	23.09	91.7	21.89
Long-Term Debt Repaid	-	-570.45	-1.54	-	-0.53	-0.96
Net Debt Issued (Repaid)	-152.88	169.14	83.07	23.09	91.17	20.93
Common Dividends Paid	-	-	-	-	-10	-4
Other Financing Activities	34.21	13.26	-0.03	-	-	-
Financing Cash Flow	-118.67	182.4	83.04	23.09	81.17	16.93
Foreign Exchange Rate Adjustments	-	-	-	-	1.22	0.68
Miscellaneous Cash Flow Adjustments	47.53	-9.49	-341.95	-	-	-
Net Cash Flow	-57.78	-167.22	141.38	46.72	-4.72	7.67
Free Cash Flow	447.26	20.58	120.33	13.5	-87.52	-10.71
Free Cash Flow Growth	246.67%	-82.90%	791.40%	-	-	-
Free Cash Flow Margin	59.55%	2.59%	11.10%	1.17%	-26.50%	-4.38%
Free Cash Flow Per Share	7.10	0.33	1.91	0.21	-1.39	-0.17
Cash Income Tax Paid	8.14	-5.46	-8.6	13.45	-1.74	3.7
Levered Free Cash Flow	-166.24	-415.53	-461.17	-340.49	-80.37	-5.96
Unlevered Free Cash Flow	-90.27	-296.64	-378.1	-307.28	-73.26	-4.18
Change in Working Capital	153.5	44.73	267	25.92	-126.39	-35.47

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