IST:ISGSY 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	2,178	952.46	833.24	914.85	11.98	2.05
Depreciation & Amortization	8.2	5.73	3.88	1.4	0.5	0.6
Other Amortization	0.03	0.02	-	-	-	-
Loss (Gain) From Sale of Assets	0.14	-0.08	-0.01	-0.06	-	-0
Loss (Gain) From Sale of Investments	-1,930	-1,272	-799.71	-991.21	-14.92	0.59
Other Operating Activities	1,169	210.79	-25.74	82.98	-2.37	-0.45
Change in Accounts Receivable	528.01	5.63	-5.63	-	1.9	-1.91
Change in Accounts Payable	1,553	-0.88	1.47	-2.77	1.09	-0
Change in Other Net Operating Assets	-4,411	0.74	19.77	-26.53	-0.88	0.03
Operating Cash Flow	-1,468	-642.73	44.69	-4.87	8.03	11.98
Operating Cash Flow Growth	-	-	-	-	-32.92%	6.26%
Capital Expenditures	-0.22	-4.77	-0.81	-2.65	-0.01	-0.03
Sale of Property, Plant & Equipment	0.22	0.19	0.04	0.12	-	-
Divestitures	539.89	539.89	219.38	-	-	-
Sale (Purchase) of Intangibles	-0	-0.07	-	-	-	0
Investment in Securities	-1,379	-1,156	-	-6.08	-	-9.48
Investing Cash Flow	-838.81	-620.76	218.6	-8.61	-0.01	-9.5
Short-Term Debt Issued	-	850	-	-	-	-
Total Debt Issued	2,495	850	-	-	-	-
Long-Term Debt Repaid	-	-5.37	-1.87	-0.87	-	-
Net Debt Issued (Repaid)	2,490	844.63	-1.87	-0.87	-	-
Financing Cash Flow	1,736	844.63	-1.87	-0.87	-	-
Miscellaneous Cash Flow Adjustments	242.34	516.64	-46.69	-82.03	-	-
Net Cash Flow	-328.61	97.77	214.74	-96.39	8.03	2.47
Free Cash Flow	-1,468	-647.5	43.88	-7.52	8.03	11.95
Free Cash Flow Growth	-	-	-	-	-32.83%	6.58%
Free Cash Flow Margin	-42.99%	-33.59%	3.95%	-0.74%	34.78%	33.02%
Free Cash Flow Per Share	-19.66	-8.67	0.59	-0.10	0.11	0.16
Levered Free Cash Flow	2,084	687.87	561.54	584.02	9.36	0.15
Unlevered Free Cash Flow	2,707	719.17	562.26	584.34	9.36	0.15
Change in Working Capital	-2,875	-539.33	33.03	-12.84	12.85	9.19

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