IST:KAPLM 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	-398.91	-413.34	-133.82	-88.51	90.88	34.53
Depreciation & Amortization	109.56	114.05	133.47	91.82	64.68	9.72
Loss (Gain) From Sale of Assets	-0.4	-0.45	-0.73	2.55	1.54	-0.2
Asset Writedown & Restructuring Costs	-	-	-0.67	-	-	-
Loss (Gain) From Sale of Investments	60.79	60.79	-	-	-	-
Provision & Write-off of Bad Debts	-	-	-	-12.38	3.53	3.2
Other Operating Activities	343.13	323.33	-253.87	-52.64	8.86	14.58
Change in Accounts Receivable	161.01	-11.05	-50.71	149.39	59.27	-107.67
Change in Inventory	-21.39	54.28	52.4	144.2	-29.5	-40.66
Change in Accounts Payable	-424.92	-361.7	-61.02	-232.09	-15.25	117.31
Change in Other Net Operating Assets	177.71	-18.91	-58.49	56.63	-69.27	-4.74
Operating Cash Flow	6.57	-253	-373.43	58.95	114.74	26.07
Operating Cash Flow Growth	-	-	-	-48.62%	340.02%	41.41%
Capital Expenditures	-25.86	-22.8	-33.22	-117.28	-99.51	-14.02
Sale of Property, Plant & Equipment	0.75	0.75	11.96	41.47	6.49	0.26
Cash Acquisitions	-6.27	-6.27	-	-	-	-
Sale (Purchase) of Intangibles	-	-	-0.03	-	-	-0.28
Investment in Securities	1.63	1.63	-	-	-	-
Other Investing Activities	21.77	27.59	0.58	0.11	0.12	0
Investing Cash Flow	-7.98	0.89	-20.71	-75.7	-92.91	-14.03
Long-Term Debt Issued	-	827.81	1,068	504.15	206.18	105.38
Long-Term Debt Repaid	-	-667.73	-606.93	-463.69	-159.46	-106.82
Net Debt Issued (Repaid)	-653.37	160.08	461.35	40.46	46.72	-1.44
Issuance of Common Stock	950.34	460	-	-	-	-
Common Dividends Paid	-	-	-	-	-16.92	-
Other Financing Activities	-346.58	-370.62	-63.77	-24.49	-47.38	-9.72
Financing Cash Flow	-49.62	249.46	397.58	15.97	-17.58	-11.16
Miscellaneous Cash Flow Adjustments	-2.23	-2.77	-3.69	-6.45	-4.57	-
Net Cash Flow	-53.26	-5.42	-0.26	-7.23	-0.32	0.88
Free Cash Flow	-19.29	-275.8	-406.65	-58.33	15.22	12.06
Free Cash Flow Growth	-	-	-	-	26.22%	119.47%
Free Cash Flow Margin	-0.83%	-11.74%	-17.65%	-3.00%	0.80%	2.55%
Free Cash Flow Per Share	-	-13.79	-20.33	-2.92	0.76	0.60
Cash Interest Paid	370.62	370.62	63.77	23.32	26.62	9.72
Cash Income Tax Paid	-	-	-	-	14.16	4.95
Levered Free Cash Flow	-495.82	-644.95	-139.58	-40.13	-99.35	-9.33
Unlevered Free Cash Flow	-235.56	-375.33	-36.7	15.79	-79.14	-1.59
Change in Working Capital	-107.6	-337.38	-117.82	118.12	-54.75	-35.76

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