IST:KLMSN 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	-521.27	-259.99	125.13	136.28	21.93
Depreciation & Amortization	262.46	140.87	81.46	48.59	33.95
Other Amortization	-	38.86	15.41	10.09	7.41
Loss (Gain) From Sale of Assets	-0.66	-0.62	-0.51	-0.04	-0.06
Loss (Gain) From Sale of Investments	125.76	-39.73	-27.62	54.25	4.91
Provision & Write-off of Bad Debts	1.06	0.23	1.56	1.12	1.59
Other Operating Activities	1,496	407.96	948.88	449.56	507.94
Change in Accounts Receivable	-51.15	-138.21	-1,437	49.69	-258.74
Change in Inventory	-149.71	-182.97	-239.9	-391.62	-203.01
Change in Accounts Payable	-114.83	-28.68	1,041	13.29	329.44
Change in Unearned Revenue	-117.34	74.98	16.7	9.42	3.51
Change in Other Net Operating Assets	253.26	234.74	-359.4	-208.04	-328.15
Operating Cash Flow	1,184	225.35	165.63	172.6	120.72
Operating Cash Flow Growth	425.32%	36.06%	-4.04%	42.97%	-
Capital Expenditures	-137.76	-153.32	-49.16	-67.86	-36.08
Sale of Property, Plant & Equipment	3.18	1.13	0.95	0.21	0.42
Cash Acquisitions	-2.14	-46.55	37.52	-	-
Sale (Purchase) of Intangibles	-94.99	-46.25	-71.07	-23.45	-13.77
Sale (Purchase) of Real Estate	-	-8.52	-0.23	-0.61	-0.21
Investment in Securities	-	-	-	-32.29	-126.39
Other Investing Activities	108.45	339.51	117.41	49.52	32.44
Investing Cash Flow	-123.26	86	35.42	-74.49	-143.58
Long-Term Debt Issued	3,946	4,849	5,066	1,008	679.47
Long-Term Debt Repaid	-4,791	-4,653	-4,887	-1,505	-375.64
Net Debt Issued (Repaid)	-845.06	196.29	178.96	-497.29	303.83
Common Dividends Paid	-	-	-6	-5	-5
Other Financing Activities	-370.78	-205.31	-301.72	-50.3	-23.87
Financing Cash Flow	-1,216	-9.01	-128.76	-552.6	274.96
Foreign Exchange Rate Adjustments	5.69	13.91	4.45	5.62	83.21
Net Cash Flow	-149.57	316.25	76.74	-448.87	335.31
Free Cash Flow	1,046	72.03	116.47	104.74	84.65
Free Cash Flow Growth	1352.26%	-38.15%	11.20%	23.73%	-
Free Cash Flow Margin	15.31%	1.26%	3.26%	3.78%	4.88%
Free Cash Flow Per Share	-	0.91	1.47	1.32	1.07
Cash Interest Paid	-	205.31	301.72	50.3	23.87
Cash Income Tax Paid	-	-	-	78.88	37.74
Levered Free Cash Flow	-339.95	-1,104	-582.89	-617.67	-37.82
Unlevered Free Cash Flow	5.01	-847.69	-429.48	-565.05	-15.74
Change in Working Capital	-179.77	-40.14	-978.68	-527.26	-456.94

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