IST:KGYO 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	-237.08	-68.84	927.36	-40.39	24.1	1.54
Depreciation & Amortization	5.3	5.66	6.33	1.45	0.39	0.13
Loss (Gain) From Sale of Assets	-	-	-	-	-5.85	-0.73
Asset Writedown & Restructuring Costs	2.66	2.66	26.74	-24.88	-13.38	-3.05
Loss (Gain) From Sale of Investments	-1.45	-17.32	-	-	-	-
Other Operating Activities	1,455	-806.1	-824.58	-7.41	-2.69	-1.45
Change in Accounts Receivable	-124.82	-123.9	-13	0.7	-0.14	1.34
Change in Inventory	-1,103	-367.93	-3,807	-924.18	2.88	-0.22
Change in Accounts Payable	-226.46	326.5	111.47	826.09	1.45	-0.41
Change in Unearned Revenue	401.4	548.32	3,363	68.16	-0.02	0.08
Change in Other Net Operating Assets	280.35	-267.03	-1.83	98.33	-3.35	1.73
Operating Cash Flow	452.21	-767.98	-212.12	-2.12	3.4	-1.05
Capital Expenditures	-10.42	-1.16	-4.12	-	-1.9	-0.07
Sale of Property, Plant & Equipment	-	-	-	0.56	5.51	0.14
Sale (Purchase) of Intangibles	-	-	-	-	-0.16	-0.01
Sale (Purchase) of Real Estate	-	-	168.44	22.07	-3.16	3.14
Other Investing Activities	-0	-	-	-	-	-
Investing Cash Flow	-10.42	-1.16	164.32	22.63	0.29	3.2
Long-Term Debt Repaid	-	-4.78	-7	-2.99	-0.24	-
Total Debt Repaid	-247.12	-4.78	-7	-2.99	-0.24	-
Net Debt Issued (Repaid)	-247.12	-4.78	-7	-2.99	-0.24	-
Issuance of Common Stock	762.18	791.59	-	-	-	-
Other Financing Activities	-969.99	-2.21	-1.4	-0.97	0.52	0.81
Financing Cash Flow	-454.92	784.6	-8.4	-3.96	0.28	0.81
Net Cash Flow	-13.14	15.46	-56.19	16.55	3.97	2.96
Free Cash Flow	441.78	-769.14	-216.24	-2.12	1.5	-1.11
Free Cash Flow Margin	87.38%	-254.91%	-69.61%	-0.86%	2.45%	-2.24%
Free Cash Flow Per Share	0.44	-0.73	-0.33	-0.00	0.00	-0.00
Cash Income Tax Paid	1.88	0.91	0.48	-0.35	0.59	0.69
Levered Free Cash Flow	-275.56	-481.13	-138.24	126.57	-0.54	-0.43
Unlevered Free Cash Flow	-261.24	-472.58	-133.91	131.19	-0.43	-0.43
Change in Working Capital	-772.17	115.97	-347.98	69.1	0.82	2.52

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.