IST:HKTM 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-89.24	-126.07	-38.73	-51.94	41.6
Depreciation & Amortization	32.62	48.69	62.82	29.11	1.55
Other Amortization	27.33	25.95	25.17	12.05	0.61
Loss (Gain) on Equity Investments	-0.9	-1.66	-1.77	-1.34	-0.32
Other Operating Activities	32.1	137.48	74.08	333.54	0.23
Change in Accounts Receivable	-84.41	-35.92	-158.88	-58.4	-20.86
Change in Inventory	-125.75	-126.57	-122.52	-146.83	-12.48
Change in Accounts Payable	50.68	50.37	145.87	-67.69	17.99
Change in Unearned Revenue	141.82	155.03	2.97	-93.87	12.74
Change in Other Net Operating Assets	-40.78	-133.73	153.21	-12.11	-13.09
Operating Cash Flow	-56.53	-6.43	142.22	-57.48	27.97
Capital Expenditures	47.38	-8.47	-110.69	-108.04	-13.8
Sale of Property, Plant & Equipment	-2.51	1.14	8.8	23.24	0.9
Cash Acquisitions	-40	-	-	-6.46	-
Investment in Securities	4.7	4.7	-	-	-
Other Investing Activities	-	-	-	-0	-
Investing Cash Flow	9.56	-2.63	-101.88	-91.26	-12.9
Long-Term Debt Issued	-	308.21	419.45	381.38	44.13
Long-Term Debt Repaid	-	-263.35	-256.16	-290.25	-36.96
Net Debt Issued (Repaid)	-60.76	44.85	163.29	91.14	7.18
Issuance of Common Stock	305	-	-	170.74	-
Common Dividends Paid	-	-	-5.56	-	-
Other Financing Activities	-140.55	-153.49	-51.3	-28.09	-9.2
Financing Cash Flow	103.68	-108.64	106.44	233.79	-2.03
Miscellaneous Cash Flow Adjustments	-28.85	-77.81	-68.89	-37.62	-
Net Cash Flow	27.86	-195.51	77.89	47.43	13.04
Free Cash Flow	-9.15	-14.9	31.54	-165.52	14.17
Free Cash Flow Margin	-1.31%	-2.20%	3.59%	-31.46%	7.79%
Free Cash Flow Per Share	-0.09	-0.16	0.30	-1.88	0.47
Cash Interest Paid	142.42	159.45	58.26	33.15	9.4
Cash Income Tax Paid	-	0.42	2.06	18.55	8.31
Levered Free Cash Flow	-11.08	-35.08	16.11	-253.15	-
Unlevered Free Cash Flow	102.21	88.65	87.03	-226.81	-
Change in Working Capital	-58.44	-90.83	20.65	-378.9	-15.7

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