IST:ISMEN 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	7,445	7,207	7,998	4,563	1,171
Depreciation & Amortization, Total	1,030	-555.38	366.82	240.85	38.79
Stock-Based Compensation	-73.76	-95.69	-17.76	-12.9	-4.58
Change in Accounts Receivable	-2,331	-19,941	9,489	-7,516	-2,855
Change in Accounts Payable	13,138	17,942	-12,697	9,469	809.7
Change in Other Net Operating Assets	-23,267	13,962	10,026	-24,947	-1,127
Other Operating Activities	-8,927	-19,542	4,860	5,406	-96.51
Operating Cash Flow	-5,019	4,740	27,989	-2,628	-2,069
Capital Expenditures	-142.69	-92.38	-314.8	-176.41	-15.79
Sale (Purchase) of Intangibles	-3,801	-45.09	-78.45	-29.02	-12.29
Investment in Securities	-	-	49.59	-	-
Other Investing Activities	4,023	8,328	1,655	49.01	28.7
Investing Cash Flow	73.17	8,409	1,312	-152.93	1.82
Short-Term Debt Issued	2,098	185.21	-	-	-
Long-Term Debt Issued	122,907	115,412	18,378	256,193	53,900
Total Debt Issued	125,005	115,597	18,378	256,193	53,900
Short-Term Debt Repaid	-	-	-25,842	-21,815	-1,029
Long-Term Debt Repaid	-111,385	-113,475	-10,457	-228,987	-49,280
Total Debt Repaid	-111,385	-113,475	-36,300	-250,802	-50,309
Net Debt Issued (Repaid)	13,620	2,121	-17,921	5,391	3,591
Common Dividends Paid	-35.68	-2,464	-1,558	-798.22	-355
Other Financing Activities	-13,737	-4,019	-3,957	-2,063	-142.91
Financing Cash Flow	-152.47	-4,361	-23,436	2,529	3,093
Foreign Exchange Rate Adjustments	89.36	-31.67	94.07	-43.78	25.76
Net Cash Flow	-7,634	6,682	1,617	-2,978	1,051
Free Cash Flow	-5,162	4,648	27,674	-2,804	-2,085
Free Cash Flow Growth	-	-83.20%	-	-	-
Free Cash Flow Margin	-0.31%	0.36%	4.18%	-0.66%	-1.47%
Free Cash Flow Per Share	-3.44	3.10	18.45	-1.87	-1.39
Cash Interest Paid	3,628	4,019	3,861	1,975	117.77
Cash Income Tax Paid	521.86	154.49	4,506	1,186	361.61

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