IST:INTEM Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

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	43.68	-9.81	-49.33	122.57	151.32	28.08
Depreciation & Amortization	119.69	120.46	165.07	122.13	56.75	15.94
Other Amortization	9.62	9.62	10.82	8.88	7.6	1.3
Loss (Gain) From Sale of Assets	-0.2	-0.2	-0.2	0.16	-0.12	-0.46
Stock-Based Compensation	-0.13	-0.13	-0.16	-	-	-
Other Operating Activities	119.42	91.86	210.27	28.96	236.12	15.96
Change in Accounts Receivable	-1,412	-1,146	1,015	-1,586	82.72	-109.92
Change in Inventory	-14.52	58.06	-62.82	21.92	-128.47	-6.23
Change in Accounts Payable	1,203	919.83	-1,265	1,348	-344.06	50.93
Change in Unearned Revenue	16.27	-48.09	85.93	-3.18	-13.1	27.04
Change in Other Net Operating Assets	-34.33	33.11	-14.88	-1.56	11.9	1.35
Operating Cash Flow	50.95	29.03	94.56	61.89	60.65	24
Operating Cash Flow Growth	-33.67%	-69.30%	52.78%	2.05%	152.66%	-29.80%
Capital Expenditures	-1.33	-1.59	-3.88	-9.38	-15.06	-4.88
Sale of Property, Plant & Equipment	0.54	0.5	0.2	-	0.35	0.77
Sale (Purchase) of Intangibles	-0.05	-0.05	-0.21	-0.13	-0.16	-10.62
Other Investing Activities	1.73	2.14	5.3	6.74	0.36	0.3
Investing Cash Flow	0.9	1	1.42	-2.78	-14.52	-14.44
Short-Term Debt Repaid	-	-	-	-	-	-1.41
Long-Term Debt Repaid	-	-76.67	-97.32	-37.53	-44.12	-18.42
Total Debt Repaid	-78.02	-76.67	-97.32	-37.53	-44.12	-19.84
Net Debt Issued (Repaid)	-78.02	-76.67	-97.32	-37.53	-44.12	-19.84
Financing Cash Flow	-78.02	-76.67	-97.32	-37.53	-44.12	-19.84
Foreign Exchange Rate Adjustments	3.05	-	-	-	-1.76	-
Miscellaneous Cash Flow Adjustments	-9.75	-9.75	-17.1	-1.58	-	-0
Net Cash Flow	-32.87	-56.39	-18.45	20	0.25	-10.27
Free Cash Flow	49.62	27.44	90.68	52.51	45.58	19.12
Free Cash Flow Growth	-32.23%	-69.74%	72.71%	15.19%	138.40%	-38.88%
Free Cash Flow Margin	2.59%	1.43%	4.84%	2.85%	4.26%	7.99%
Free Cash Flow Per Share	-	1.43	4.73	2.74	2.35	1.09
Cash Income Tax Paid	63.58	63.58	10.88	59.28	57.49	3.95
Levered Free Cash Flow	-43.56	129.5	1,503	-1,237	7.49	-8.51
Unlevered Free Cash Flow	-26.08	148.07	1,525	-1,229	15.22	-4.78
Change in Working Capital	-241.14	-182.77	-241.9	-220.81	-391.02	-36.83

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