Kuzey Boru Anonim Sirketi Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	438.78	219.22	202	5.76	2.46
Depreciation & Amortization	52.95	39.62	32.95	4.59	2.69
Loss (Gain) From Sale of Assets	-	-	-	0.32	-
Provision & Write-off of Bad Debts	-0.1	0.01	-0.68	0.45	0.65
Other Operating Activities	-204.93	-43.42	-60.38	7.78	10.6
Change in Accounts Receivable	-795.4	-228.8	-63.13	-52.32	2.82
Change in Inventory	-82.4	-167.77	-129.48	-8.41	-14.32
Change in Accounts Payable	814.25	100.32	-5.86	5.08	3.96
Change in Unearned Revenue	-16.42	155.21	-153.01	67.47	4.52
Change in Other Net Operating Assets	-187.62	-36.6	132.32	-40.16	8.37
Operating Cash Flow	19.1	37.79	-45.27	-9.45	21.76
Capital Expenditures	-612.94	-186.33	-112.72	-42.11	-33.4
Sale of Property, Plant & Equipment	0.24	0.05	0.43	-	0.1
Sale (Purchase) of Intangibles	-	-	-0.11	-	-0.07
Investing Cash Flow	-619.5	-193.09	-119.03	-42.11	-37.06
Long-Term Debt Issued	-	935.59	560.61	152.41	40.23
Short-Term Debt Repaid	-	-	-	-	-0.01
Long-Term Debt Repaid	-	-707.84	-359.5	-101.92	-22.32
Total Debt Repaid	-787.23	-707.84	-359.5	-101.92	-22.33
Net Debt Issued (Repaid)	149.97	227.75	201.11	50.49	17.89
Issuance of Common Stock	699.42	699.42	-	26.99	2.8
Other Financing Activities	-74.05	-93.23	-63.91	-10.18	-3.81
Financing Cash Flow	775.34	833.94	137.21	67.29	16.88
Net Cash Flow	174.95	678.64	-27.09	15.73	1.58
Free Cash Flow	-593.83	-148.55	-157.98	-51.56	-11.64
Free Cash Flow Margin	-16.93%	-7.26%	-10.68%	-22.77%	-10.93%
Free Cash Flow Per Share	-5.94	-1.86	-2.63	-0.86	-0.73
Cash Interest Paid	79.77	93.23	63.91	10.18	3.81
Cash Income Tax Paid	-	-	-	1.16	0.32
Levered Free Cash Flow	-1,183	-104.13	-272.07	-48.31	-
Unlevered Free Cash Flow	-1,133	-45.86	-232.13	-41.95	-
Change in Net Working Capital	1,018	173.95	282.14	14.53	-

Source: S&P Capital IQ. Standard template. Financial Sources.