IST:HRKET 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	219.14	-134.49	1,498	191.06	318.71
Depreciation & Amortization	808.63	740.88	413.18	172.51	136.37
Loss (Gain) From Sale of Assets	-207.19	-151.09	-96.06	205.8	32.56
Asset Writedown & Restructuring Costs	551.4	551.4	-	-	-
Provision & Write-off of Bad Debts	-9.99	-16.19	17.66	-	-
Other Operating Activities	-541.57	-194.27	-829	499.95	754.7
Change in Accounts Receivable	-93.88	-259.75	-232.19	32.74	15.15
Change in Inventory	8.06	4.92	25.53	39.03	-84.56
Change in Accounts Payable	-155.73	99.04	12.2	-206.81	166.09
Change in Other Net Operating Assets	-58.44	-143.54	-29.38	15.02	-65.13
Operating Cash Flow	520.41	496.9	779.62	949.29	1,274
Operating Cash Flow Growth	63.88%	-36.26%	-17.87%	-25.48%	-
Capital Expenditures	-2,003	-2,580	-955.76	-642.1	-1,203
Sale of Property, Plant & Equipment	553.34	553.34	192.54	373.82	67.58
Sale (Purchase) of Intangibles	-	-	-5.88	-1.18	-12
Investment in Securities	-865.38	-1,052	119.8	-82.98	-
Other Investing Activities	47.1	219.14	-236.62	12.17	6.37
Investing Cash Flow	-2,268	-2,860	-885.91	-340.26	-1,141
Long-Term Debt Issued	-	769.58	155.12	-	15.87
Long-Term Debt Repaid	-	-34.82	-	-788.56	-20.05
Net Debt Issued (Repaid)	163.9	734.76	155.12	-788.56	-4.18
Issuance of Common Stock	1,528	1,528	0.14	-	-
Other Financing Activities	-51.15	77.27	-180.2	-23.06	12.18
Financing Cash Flow	1,641	2,340	-24.94	-811.63	8
Foreign Exchange Rate Adjustments	-2.42	55.97	113.09	-10.48	-3.83
Miscellaneous Cash Flow Adjustments	37.32	-15.73	-30.76	-0	-
Net Cash Flow	-71.96	17.37	-48.91	-213.07	137
Free Cash Flow	-1,483	-2,084	-176.14	307.19	70.88
Free Cash Flow Growth	-	-	-	333.40%	-
Free Cash Flow Margin	-42.80%	-59.11%	-7.66%	18.39%	4.04%
Free Cash Flow Per Share	-14.81	-20.81	-1.83	-	-
Cash Income Tax Paid	19.14	9.57	9.21	-	-
Levered Free Cash Flow	-1,553	-1,977	-762.28	-435.51	-
Unlevered Free Cash Flow	-1,450	-1,874	-718.21	-417.41	-
Change in Net Working Capital	408.53	235.21	471.29	143.88	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.