ICBC Turkey Bank A.S. 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	-814.4	21.51	1,474	1,401	187.19	90.93
Depreciation & Amortization	202.42	170.71	50.53	100.77	36.87	50.97
Gain (Loss) on Sale of Investments	-	-	0.03	0.08	0.07	0.1
Change in Trading Asset Securities	-	-	-6.37	66.38	-17.25	-5.25
Change in Other Net Operating Assets	763.89	8,316	-7,447	-7,291	-4,442	-2,247
Other Operating Activities	-2,276	-3,261	-86.63	622.92	523.34	545.21
Operating Cash Flow	-2,124	5,247	-6,016	-5,100	-3,712	-1,565
Capital Expenditures	-76.01	-71.97	-117.16	-78.54	-18.78	-22.81
Sale of Property, Plant and Equipment	-	-	-	2.03	-	3.28
Investment in Securities	3,802	2,853	-9,225	-1,678	-1,318	-318.01
Other Investing Activities	443.03	24.89	-128.72	-373.42	2.52	3.51
Investing Cash Flow	4,169	2,806	-9,471	-2,128	-1,334	-334.03
Long-Term Debt Repaid	-	-80.35	-59.76	-36.72	-1.83	-9.59
Net Debt Issued (Repaid)	-99.31	-80.35	-59.76	-36.72	-1.83	-9.59
Issuance of Common Stock	4,058	-	-	-	-	-
Net Increase (Decrease) in Deposit Accounts	-7,058	-10,610	19,805	7,770	4,671	1,672
Financing Cash Flow	-3,099	-10,690	19,745	7,733	4,669	1,662
Foreign Exchange Rate Adjustments	377.76	741.69	2,047	701.07	1,355	121.51
Net Cash Flow	-677.03	-1,895	6,306	1,207	977.61	-115.48
Free Cash Flow	-2,200	5,175	-6,133	-5,179	-3,731	-1,588
Free Cash Flow Margin	-112.49%	191.64%	-149.96%	-180.19%	-374.74%	-248.92%
Free Cash Flow Per Share	-2.56	6.02	-7.13	-6.02	-4.34	-1.85
Cash Interest Paid	9,327	10,051	4,909	1,522	614.81	600.08
Cash Income Tax Paid	227.18	227.9	76.57	36.7	21.15	149.91

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