Ihlas Holding A.S. (IST:IHLAS)
Turkey · Delayed Price · Currency is TRY 1.040
-0.030 (-2.80%)
Last updated: Jul 28, 2026, 3:49 PM GMT+3
Ihlas Holding A.S. Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | -2,981 | -3,232 | -1,809 | 2,231 | -887.45 | 208.74 |
Depreciation & Amortization | 359.71 | 365.2 | 367.26 | 351.5 | 153.71 | 28.34 |
Loss (Gain) From Sale of Assets | 41.56 | 54.35 | -29.69 | -7.96 | -2.29 | -1.98 |
Asset Writedown & Restructuring Costs | 333.58 | 333.58 | -309.16 | -347.53 | -713.89 | -204.01 |
Provision & Write-off of Bad Debts | -123.11 | -83.83 | -258.11 | -163.92 | -242.93 | 85.97 |
Other Operating Activities | 768.04 | 1,003 | -607.71 | -2,123 | -1,688 | 151.96 |
Change in Accounts Receivable | 374.71 | 162.85 | 218.86 | 1,644 | 1,101 | -430.68 |
Change in Inventory | 2,640 | 1,360 | 2,935 | -5,007 | 1,072 | -577.81 |
Change in Accounts Payable | 814.36 | 1,510 | -991.73 | 1,926 | -945.7 | 435.34 |
Change in Unearned Revenue | -2,144 | -1,438 | 527.73 | -542.05 | 2,349 | -485.71 |
Change in Other Net Operating Assets | -618.5 | -189.99 | -366.91 | 1,162 | -453.13 | 181.03 |
Operating Cash Flow | -533.92 | -155.36 | -323.56 | -877.97 | -258.43 | -608.81 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Capital Expenditures | -281.24 | -283.46 | -203.84 | -220.6 | -189.79 | -80.18 |
Sale of Property, Plant & Equipment | 16.86 | 19.59 | 10.42 | 19.19 | 6.52 | 2.96 |
Cash Acquisitions | -115.86 | -115.86 | - | - | - | -0.02 |
Divestitures | - | - | 91.24 | - | - | - |
Sale (Purchase) of Intangibles | -132.67 | -131.99 | -95.01 | -85.23 | -34.54 | -7.25 |
Sale (Purchase) of Real Estate | 8.3 | 8.25 | 28.04 | 10.11 | 2.01 | -1.23 |
Other Investing Activities | -0.61 | - | - | 36.37 | 8.75 | -49.54 |
Investing Cash Flow | -505.22 | -503.47 | -169.15 | -240.16 | -207.04 | -135.26 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Long-Term Debt Issued | - | 1,533 | 571.29 | - | - | - |
Long-Term Debt Repaid | - | - | - | -65.29 | -367.94 | -228.69 |
Net Debt Issued (Repaid) | 2,013 | 1,533 | 571.29 | -65.29 | -367.94 | -228.69 |
Issuance of Common Stock | - | - | - | 113.32 | 142.93 | 1,150 |
Repurchase of Common Stock | - | - | - | - | -58.04 | -98.23 |
Common Dividends Paid | - | - | - | - | - | -2.64 |
Other Financing Activities | -940.09 | -782.93 | 86.08 | 28.01 | 103.97 | 63.44 |
Financing Cash Flow | 1,073 | 750.34 | 657.37 | 76.04 | -179.08 | 883.82 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Miscellaneous Cash Flow Adjustments | -125.32 | -130.71 | -190.19 | - | - | - |
Net Cash Flow | -91.55 | -39.2 | -25.53 | -1,042 | -644.55 | 139.75 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Free Cash Flow | -815.16 | -438.82 | -527.4 | -1,099 | -448.21 | -688.99 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -4.61% | -2.56% | -3.90% | -10.06% | -6.86% | -24.41% |
Free Cash Flow Per Share | -0.54 | -0.29 | -0.35 | -0.73 | -0.30 | -0.51 |
Levered Free Cash Flow | -3,952 | -898.15 | -3,672 | -6,456 | -5,741 | -184.61 |
Unlevered Free Cash Flow | -3,176 | -261.74 | -3,532 | -6,388 | -5,695 | -156.29 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
Cash Interest Paid | 1,037 | 874.91 | 145.79 | 57.24 | 48.86 | 40.73 |
Cash Income Tax Paid | 86.97 | 44.63 | 87 | 112.22 | 94.19 | 20.76 |
Change in Working Capital | 1,067 | 1,404 | 2,323 | -817.79 | 3,123 | -877.84 |