IST:KLSYN 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	80.04	576.95	29.63	-274.03	3.26
Depreciation & Amortization	170.09	163.4	111.67	56.3	12.39
Other Amortization	13.1	21.5	-	-	2.59
Loss (Gain) From Sale of Assets	-1.95	-1.06	-3.31	-1.28	-0.27
Asset Writedown & Restructuring Costs	-74.49	-89.38	-337.44	-518.88	-56.12
Other Operating Activities	28.93	46.86	275.28	118.57	49.04
Change in Accounts Receivable	81	-211.32	10.21	75.92	-23.66
Change in Inventory	61.83	-67.92	-86.72	-77.72	-14.67
Change in Accounts Payable	28.36	55.72	-42.06	-23.6	23.26
Change in Unearned Revenue	32.48	-50.87	-201.91	135.21	29.81
Change in Other Net Operating Assets	43.03	159.1	-120.08	-3.25	-0.04
Operating Cash Flow	462.42	602.96	-364.73	-512.76	25.6
Operating Cash Flow Growth	-23.31%	-	-	-	-
Capital Expenditures	-242.59	-513.77	-	-	-7.8
Sale of Property, Plant & Equipment	65.65	9.74	374.1	1,057	0.37
Investment in Securities	-23.68	-0.53	-0.48	-	-
Investing Cash Flow	-200.62	-504.57	373.62	1,057	-7.44
Long-Term Debt Issued	299.21	104.44	135.09	-	23.75
Long-Term Debt Repaid	-19.41	-	-	-639.12	-
Net Debt Issued (Repaid)	279.8	104.44	135.09	-639.12	23.75
Issuance of Common Stock	7.33	-	-	265.71	-
Repurchase of Common Stock	-	-1.56	-37.67	-	-
Common Dividends Paid	-67.76	-	-28.56	-	-
Other Financing Activities	-103.35	-190.93	-141.53	-128.33	-35.95
Financing Cash Flow	116.01	-88.05	-72.67	-501.75	-12.2
Miscellaneous Cash Flow Adjustments	-19.2	-31.5	-	-	-
Net Cash Flow	358.62	-21.16	-63.78	42.35	5.96
Free Cash Flow	219.83	89.19	-364.73	-512.76	17.8
Free Cash Flow Growth	146.46%	-	-	-	-
Free Cash Flow Margin	11.09%	4.03%	-18.92%	-52.30%	6.39%
Free Cash Flow Per Share	0.51	0.21	-0.84	-1.19	0.07
Cash Interest Paid	114.38	212.11	162.33	135.77	38.14
Cash Income Tax Paid	93.26	217.32	58.55	10.08	0.5
Levered Free Cash Flow	137.85	-350.77	100.44	226.21	-
Unlevered Free Cash Flow	209.34	-218.2	167.68	268.37	-
Change in Working Capital	246.7	-115.3	-440.56	106.55	14.7

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