IST:HTTBT 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	372.2	276.88	132.17	58.54	23.35	22.21
Depreciation & Amortization	96.5	66.29	27.53	15.47	4.37	2.01
Other Amortization	212.01	140.18	73.07	38.7	16.01	9.39
Loss (Gain) From Sale of Investments	-8.15	-18.19	-81.07	-23.7	-	-
Provision & Write-off of Bad Debts	9.42	5.77	0.46	0.37	0.27	0.19
Other Operating Activities	-13.4	63.87	-197.67	42.19	18.55	0.21
Change in Accounts Receivable	-170.83	-161.15	-104.92	-50.3	-24.14	-7.32
Change in Accounts Payable	2.89	21.39	44.74	12.31	6.9	0.75
Change in Unearned Revenue	30.79	2.18	-0.23	1.05	-0.03	-0.03
Change in Other Net Operating Assets	65.47	-7.6	-10.64	-20.69	-7.3	-2.22
Operating Cash Flow	596.91	389.62	-116.57	73.95	37.99	25.19
Operating Cash Flow Growth	441.73%	-	-	94.63%	50.83%	-25.81%
Capital Expenditures	-18.25	-81.35	-50.76	-54.57	-2.23	-0.88
Sale of Property, Plant & Equipment	0.02	0.02	0.01	0	0.03	-
Sale (Purchase) of Intangibles	-720.4	-538.98	-204.55	-113.72	-45.64	-31.26
Investment in Securities	-4.95	-28.59	247.32	-201.22	-	-
Other Investing Activities	101.45	188.37	310.13	-31.57	0.78	0.7
Investing Cash Flow	-642.13	-460.53	302.15	-401.08	-47.06	-31.44
Short-Term Debt Issued	-	160	-	18.28	23.62	28.27
Total Debt Issued	177.84	160	-	18.28	23.62	28.27
Short-Term Debt Repaid	-	-	-23.78	-36.88	-34.87	-
Long-Term Debt Repaid	-	-2.96	-27.72	-18.95	-2.23	-1.14
Total Debt Repaid	-174.38	-2.96	-51.49	-55.83	-37.11	-1.14
Net Debt Issued (Repaid)	3.45	157.04	-51.49	-37.55	-13.49	27.13
Issuance of Common Stock	-	-	-	319.93	-	-
Other Financing Activities	-40.69	-43.03	-0.85	-1.29	-0.54	-0.19
Financing Cash Flow	-37.24	114.01	-52.34	281.09	-14.03	26.94
Foreign Exchange Rate Adjustments	74.16	40.19	28.06	37.07	38.47	6.04
Net Cash Flow	-8.3	83.28	161.3	-8.97	15.38	26.74
Free Cash Flow	578.66	308.27	-167.33	19.37	35.76	24.31
Free Cash Flow Growth	3696.03%	-	-	-45.84%	47.12%	-26.04%
Free Cash Flow Margin	37.49%	27.46%	-27.47%	6.23%	27.88%	27.32%
Free Cash Flow Per Share	1.93	1.03	-0.56	0.07	0.12	0.10
Cash Interest Paid	40.69	43.03	0.85	1.29	0.54	0.19
Cash Income Tax Paid	39.34	10.7	62.63	16.42	2.02	2.05
Levered Free Cash Flow	-299.36	-387.33	-108.44	-108.39	-19.73	-16.4
Unlevered Free Cash Flow	-255.94	-378.17	-108.3	-108.01	-19.46	-16.3
Change in Working Capital	-71.68	-145.18	-71.06	-57.64	-24.56	-8.82

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