IST:HUBVC Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-550.31	-290.83	18.08	-44.14	107.67
Depreciation & Amortization	0.73	1.15	0.18	0.11	0.12
Other Amortization	-	-	-	-	0.01
Loss (Gain) From Sale of Investments	55.45	-24.45	-	-211.81	-111.76
Other Operating Activities	291.14	332.78	-11.88	212.15	0.02
Change in Accounts Receivable	3.66	4.05	-13.75	-1.33	-0.65
Change in Accounts Payable	1.09	0	0.24	1.16	0
Change in Other Net Operating Assets	19.25	7.79	-0.61	1.08	0.16
Operating Cash Flow	-178.98	30.49	-7.74	-42.78	-4.43
Capital Expenditures	-0.03	-3.4	-	-0.04	-0.05
Sale of Property, Plant & Equipment	0.21	0.27	-	-	-
Sale (Purchase) of Intangibles	-	-0.23	-	-	-
Investment in Securities	-	-	-5.99	14.51	-4.73
Investing Cash Flow	0.18	-3.36	-5.99	14.47	-4.78
Long-Term Debt Repaid	-	-	-	-0.24	-0.13
Net Debt Issued (Repaid)	-	-	-	-0.24	-0.13
Issuance of Common Stock	-	-	-	55.47	8
Other Financing Activities	-	-	-	0.27	0.04
Financing Cash Flow	-	-	-	55.5	7.9
Miscellaneous Cash Flow Adjustments	181.61	-53.92	-18.19	-	-
Net Cash Flow	2.81	-26.78	-31.92	27.19	-1.31
Free Cash Flow	-179.01	27.09	-7.74	-42.82	-4.49
Free Cash Flow Margin	-8135.51%	-	-74.46%	-	-690.34%
Free Cash Flow Per Share	-0.64	0.10	-0.03	-0.15	-0.04
Levered Free Cash Flow	9.32	-19.77	-35.7	-12.32	-3.84
Unlevered Free Cash Flow	9.32	-19.77	-35.68	-12.24	-3.82
Change in Working Capital	24.01	11.85	-14.12	0.92	-0.49

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