IST:KATMR 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	662.04	585.52	-244.65	-0.01	-41.69
Depreciation & Amortization	55.11	165.03	42.69	11.68	4.11
Other Amortization	53.6	54.91	-	-	0.33
Loss (Gain) From Sale of Assets	-88.65	-235.49	-	-	-
Asset Writedown & Restructuring Costs	0.94	-43.51	-	-	-
Provision & Write-off of Bad Debts	4.61	0.73	1.68	-	-
Other Operating Activities	154.19	84.41	2,288	475.33	276.97
Change in Accounts Receivable	-328.72	-112.77	444.26	271.83	-151.29
Change in Inventory	-1,661	-115.99	236.58	-145.89	-144.87
Change in Accounts Payable	379.2	-263.2	-261.19	-129.72	49.38
Change in Unearned Revenue	199.93	500.74	-1,166	116.73	-
Change in Other Net Operating Assets	-744.96	378.62	-67.84	256.52	-15.79
Operating Cash Flow	-1,314	999	1,274	856.47	-22.86
Operating Cash Flow Growth	-	-21.56%	48.69%	-	-
Capital Expenditures	-29.23	-1.39	-19.27	-33.91	-17.6
Sale of Property, Plant & Equipment	171.63	689.07	-	-	0.67
Sale (Purchase) of Intangibles	-56.99	-98.38	-22.67	37.44	-
Sale (Purchase) of Real Estate	35.31	-	-	-	-
Investment in Securities	-	-	-	0.34	-
Other Investing Activities	-	-0	218.83	0	3.63
Investing Cash Flow	120.73	589.31	176.9	3.87	-13.3
Long-Term Debt Issued	1,388	-	397.89	-	53.82
Long-Term Debt Repaid	-849.24	-889.59	-670.78	-409.45	-257.49
Net Debt Issued (Repaid)	539.17	-889.59	-272.9	-409.45	-203.67
Issuance of Common Stock	1,084	-	899.38	-	382.87
Repurchase of Common Stock	-	-	-8.73	-	-
Other Financing Activities	-92.25	-425.3	-1,309	-526.99	-62.26
Financing Cash Flow	1,531	-1,315	-691.12	-936.44	116.94
Foreign Exchange Rate Adjustments	-281.14	-18.48	-	-	-
Miscellaneous Cash Flow Adjustments	-	0	-784.07	-99.49	-
Net Cash Flow	57.4	254.94	-24.77	-175.58	80.78
Free Cash Flow	-1,343	997.61	1,254	822.56	-40.46
Free Cash Flow Growth	-	-20.46%	52.48%	-	-
Free Cash Flow Margin	-59.73%	56.90%	57.15%	52.23%	-10.10%
Free Cash Flow Per Share	-0.62	0.93	1.17	1.26	-0.06
Cash Interest Paid	125.88	419.89	860.7	526.99	59.55
Cash Income Tax Paid	0.95	0.61	-1.17	8.87	2.79
Levered Free Cash Flow	-1,772	-1,384	-2,720	-2,918	-388.24
Unlevered Free Cash Flow	-1,675	-1,102	-2,181	-2,587	-192.18
Change in Working Capital	-2,155	387.4	-814.34	369.47	-262.58

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.