IST:IEYHO 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	-711.34	-868.77	678.84	-89.9	220.12
Depreciation & Amortization	73.06	240.2	157.99	111	15.44
Loss (Gain) From Sale of Assets	1,628	280.64	-240.83	-2.14	-119.69
Asset Writedown & Restructuring Costs	278.54	58.59	-352.41	185.22	-
Loss (Gain) on Equity Investments	571.15	-	12.76	-0.5	-0.08
Provision & Write-off of Bad Debts	-0	3.32	1.11	5.78	0.95
Other Operating Activities	-639.18	-12.68	-332.41	104.17	-65.3
Change in Accounts Receivable	317.31	266.87	-130.72	-40.07	-30.87
Change in Inventory	290.96	107.17	62.04	-34.02	-64.18
Change in Accounts Payable	-202.12	-49.83	-1.51	-7.62	37.4
Change in Other Net Operating Assets	-1,220	-1,449	940.29	-184.57	-32.07
Operating Cash Flow	386.85	-1,424	795.13	47.34	-38.29
Operating Cash Flow Growth	-	-	1579.76%	-	-
Capital Expenditures	-65.16	-777.68	-146.57	-305.17	-77.27
Sale of Property, Plant & Equipment	41.22	173.77	164.72	322.49	25.71
Cash Acquisitions	-	-	-	-	-86.42
Divestitures	156.95	447.6	-	-	160.28
Investing Cash Flow	133.01	-156.31	18.15	17.32	22.3
Long-Term Debt Issued	-	254.37	-	147.89	-
Long-Term Debt Repaid	-461.34	-	-21.45	-	-18.12
Net Debt Issued (Repaid)	-461.34	254.37	-21.45	147.89	-18.12
Issuance of Common Stock	-	67.06	-	-	-
Common Dividends Paid	-	-29.35	-100.81	-10.28	-2.52
Other Financing Activities	-193.38	524.34	-263.79	-89.99	18.33
Financing Cash Flow	-654.71	816.41	-386.05	47.62	-2.32
Foreign Exchange Rate Adjustments	-8.47	-88.57	-115.54	-24.39	13.33
Miscellaneous Cash Flow Adjustments	29.3	229.52	60.85	-	-
Net Cash Flow	-114.02	-622.58	372.53	87.89	-4.97
Free Cash Flow	321.7	-2,201	648.57	-257.84	-115.55
Free Cash Flow Margin	11.71%	-50.03%	19.63%	-8.87%	-20.36%
Free Cash Flow Per Share	0.59	-4.05	1.19	-0.47	-0.21
Levered Free Cash Flow	40.56	-577.07	130.33	-347.71	-76.57
Unlevered Free Cash Flow	244.1	-409.16	186.36	-328.61	-67.61
Change in Working Capital	-813.51	-1,125	870.09	-266.29	-89.72

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