IST:ISMEN 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	5,529	5,506	7,998	4,563	1,171	941.97
Depreciation & Amortization, Total	382.57	149.5	366.82	240.85	38.79	31.23
Stock-Based Compensation	-9.97	-24.78	-17.76	-12.9	-4.58	-3.38
Change in Accounts Receivable	-15,235	-15,235	9,489	-7,516	-2,855	-2,431
Change in Accounts Payable	32,415	13,708	-12,697	9,469	809.7	1,998
Change in Other Net Operating Assets	-3,869	8,618	10,026	-24,947	-1,127	-1,288
Other Operating Activities	5,077	-386.85	4,860	5,406	-96.51	151.59
Operating Cash Flow	17,852	15,102	27,989	-2,628	-2,069	-597.81
Capital Expenditures	-167.32	-153.97	-314.8	-176.41	-15.79	-13.33
Sale (Purchase) of Intangibles	-1,894	-54.6	-78.45	-29.02	-12.29	-6.92
Investment in Securities	-4,286	-1,393	49.59	-	-	-2.28
Other Investing Activities	3,131	6,048	1,655	49.01	28.7	3.38
Investing Cash Flow	-2,964	4,613	1,312	-152.93	1.82	-14.8
Short-Term Debt Issued	-	14,127	-	-	-	134.88
Long-Term Debt Issued	-	70,488	18,378	256,193	53,900	22,134
Total Debt Issued	55,501	84,616	18,378	256,193	53,900	22,269
Short-Term Debt Repaid	-	-	-25,842	-21,815	-1,029	-1,620
Long-Term Debt Repaid	-	-91,986	-10,457	-228,987	-49,280	-21,531
Total Debt Repaid	-61,912	-91,986	-36,300	-250,802	-50,309	-23,151
Net Debt Issued (Repaid)	-6,411	-7,371	-17,921	5,391	3,591	-882.25
Common Dividends Paid	-9,242	-1,882	-1,558	-798.22	-355	-140
Other Financing Activities	-3,432	-2,885	-3,957	-2,063	-142.91	571.08
Financing Cash Flow	-19,085	-12,138	-23,436	2,529	3,093	-451.16
Foreign Exchange Rate Adjustments	51.23	-24.2	94.07	-43.78	25.76	4.93
Net Cash Flow	-7,719	5,105	1,617	-2,978	1,051	-1,059
Free Cash Flow	17,685	14,948	27,674	-2,804	-2,085	-611.15
Free Cash Flow Growth	464.49%	-45.99%	-	-	-	-
Free Cash Flow Margin	1.35%	1.52%	4.18%	-0.66%	-1.47%	-0.56%
Free Cash Flow Per Share	11.79	9.96	18.45	-1.87	-1.39	-0.41
Cash Interest Paid	3,432	2,885	3,861	1,975	117.77	-
Cash Income Tax Paid	5,590	5,199	4,506	1,186	361.61	200.55

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