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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-92.02	-73.18	-239.72	-212.19	-60.5	35.01
Depreciation & Amortization	105.17	104.72	87.14	43.22	60.19	8.8
Asset Writedown & Restructuring Costs	-9.43	-9.43	-	25.46	9.77	0.43
Loss (Gain) on Equity Investments	-	-	-	-	51.38	-2.01
Provision & Write-off of Bad Debts	-3.68	-4.1	-8.77	-13.81	-6.44	11.25
Other Operating Activities	7.43	-18.3	227.69	458.95	-2.93	-5.98
Change in Accounts Receivable	82.19	13.33	0.2	166.54	143.35	-65.74
Change in Inventory	166.02	48.98	-221.09	156.76	55.31	-81.71
Change in Accounts Payable	1.99	0.16	-0.31	47.34	-138.42	40.12
Change in Unearned Revenue	0.05	0.06	-	-0.01	-	-
Change in Other Net Operating Assets	-49.51	-21.04	279.75	-103.62	-34.32	-19.06
Operating Cash Flow	208.22	41.18	124.89	568.62	77.39	-78.89
Operating Cash Flow Growth	-	-67.03%	-78.04%	634.71%	-	-
Capital Expenditures	-59.72	-71.58	-495.6	-448.29	-63.89	-8.63
Sale of Property, Plant & Equipment	-	-	23.46	279.96	10.14	0.4
Cash Acquisitions	-54.01	-54.01	-	-	-	-
Investing Cash Flow	-113.73	-125.59	-472.14	-168.33	-53.76	-8.22
Long-Term Debt Issued	-	941.09	968.07	84.6	23.09	91.7
Long-Term Debt Repaid	-	-675.69	-746.68	-1.54	-	-0.53
Net Debt Issued (Repaid)	57.22	265.4	221.39	83.07	23.09	91.17
Repurchase of Common Stock	-232.38	-232.38	-	-	-	-
Common Dividends Paid	-	-	-	-	-	-10
Other Financing Activities	-7.03	-2.9	17.36	-0.03	-	-
Financing Cash Flow	-182.19	30.12	238.75	83.04	23.09	81.17
Foreign Exchange Rate Adjustments	-	-	-	-	-	1.22
Miscellaneous Cash Flow Adjustments	8.69	-22.23	-110.39	-341.95	-	-
Net Cash Flow	-79.01	-76.51	-218.88	141.38	46.72	-4.72
Free Cash Flow	148.5	-30.39	-370.71	120.33	13.5	-87.52
Free Cash Flow Growth	70.82%	-	-	791.40%	-	-
Free Cash Flow Margin	15.84%	-3.06%	-35.66%	11.10%	1.17%	-26.50%
Free Cash Flow Per Share	-	-0.48	-5.88	1.91	0.21	-1.39
Cash Income Tax Paid	11.48	11.48	-7.15	-8.6	13.45	-1.74
Levered Free Cash Flow	-56.21	-81.65	-738.81	-461.17	-340.49	-80.37
Unlevered Free Cash Flow	78.8	52.45	-583.19	-378.1	-307.28	-73.26
Change in Working Capital	200.75	41.47	58.55	267	25.92	-126.39

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