IST:INFO 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	633.88	60.49	329.56	598.11	109.53
Depreciation & Amortization, Total	210.08	125.87	103.59	42.01	7.17
Gain (Loss) On Sale of Investments	-593.65	-359.55	-90.25	-198.83	-3.33
Change in Accounts Receivable	-4,001	789.89	-588.38	-2,638	-467.4
Change in Accounts Payable	5,204	251.83	-590.77	1,704	304.62
Change in Other Net Operating Assets	600.03	210.15	-601.71	-342.11	44.01
Other Operating Activities	-1,617	869.08	1,438	291.12	70.48
Operating Cash Flow	-38.77	1,930	-68.57	-529.47	75.33
Capital Expenditures	-83.59	-183.49	-89.83	-36.56	-15.6
Cash Acquisitions	-	-	-	-150	-
Sale (Purchase) of Intangibles	1.02	-12.4	-0.24	-0.01	-1.19
Investment in Securities	-	-	-	-	-144.15
Investing Cash Flow	6.31	-164.5	-71.2	-150.82	-159.88
Short-Term Debt Issued	614.38	914.03	1,316	1,152	165.25
Long-Term Debt Issued	-	91.32	-	-	-
Total Debt Issued	614.38	1,005	1,316	1,152	165.25
Short-Term Debt Repaid	-206.36	-1,222	-	-	-16.63
Long-Term Debt Repaid	-94.11	-	-23.74	-5.71	-2.07
Total Debt Repaid	-300.46	-1,222	-23.74	-5.71	-18.7
Net Debt Issued (Repaid)	313.92	-216.9	1,293	1,146	146.54
Common Dividends Paid	-5.22	-6.44	-228	-	-
Other Financing Activities	98.68	-1,376	-749.87	-334.66	-55.14
Financing Cash Flow	407.38	-1,599	314.67	811.74	91.4
Foreign Exchange Rate Adjustments	-	-	-140.1	-	-
Net Cash Flow	107.97	-14.21	34.79	93.3	6.85
Free Cash Flow	-122.36	1,747	-158.4	-566.03	59.73
Free Cash Flow Margin	-0.41%	3.88%	-1.57%	-3.67%	0.46%
Free Cash Flow Per Share	-0.13	1.82	-0.21	-0.77	0.07
Cash Interest Paid	319.54	1,579	749.87	334.66	55.14
Cash Income Tax Paid	164.9	246.07	419.6	59.32	26.77

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.