IST:KOCMT 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
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-528.29	56.72	114.16	1,776	776.57
Depreciation & Amortization	269.95	232.66	172.74	98.71	76.48
Other Amortization	1.17	0.68	0.5	-	0.32
Loss (Gain) From Sale of Assets	15.54	9.85	-	-	-
Asset Writedown & Restructuring Costs	-	-	-1,187	-1,926	4.21
Loss (Gain) From Sale of Investments	-211.38	-6.06	-10.98	-	-
Loss (Gain) on Equity Investments	-37.33	-40.34	-18.07	-	-
Provision & Write-off of Bad Debts	0.65	0.74	0.4	0.55	0.81
Other Operating Activities	-1,406	-466.85	518.89	-287.44	133.9
Change in Accounts Receivable	-190.25	202.98	42.91	-233.39	99.41
Change in Inventory	-114.79	-723.74	-21.81	-509.27	-63.6
Change in Accounts Payable	844.31	725.32	-807.3	521.26	-479.29
Change in Unearned Revenue	122.79	103.03	104.77	-157.18	-398.8
Change in Other Net Operating Assets	-381.18	173.55	217.82	574.37	32.66
Operating Cash Flow	-2,594	-86.78	-730.84	-108.98	348.75
Capital Expenditures	-164.31	-280.55	-161.67	-536.86	-100.7
Sale of Property, Plant & Equipment	7.81	19.25	10.94	74.04	19.53
Sale (Purchase) of Intangibles	-	-	-	-0.12	-0.41
Sale (Purchase) of Real Estate	-	-	-117.21	18.45	90.99
Investing Cash Flow	-156.5	-261.3	-267.94	-444.48	9.4
Long-Term Debt Issued	-	1,617	1,694	646.97	-
Short-Term Debt Repaid	-	-	-	-	-375.01
Long-Term Debt Repaid	-	-2,075	-1,495	-	-
Total Debt Repaid	-918.39	-2,075	-1,495	-	-375.01
Net Debt Issued (Repaid)	860.24	-457.15	198.75	646.97	-375.01
Issuance of Common Stock	-	2,475	-	-	100
Other Financing Activities	180.1	408.46	324.99	-	-
Financing Cash Flow	583.68	2,427	523.74	646.97	-275.01
Miscellaneous Cash Flow Adjustments	546.04	-499.76	-379.71	-	-
Net Cash Flow	-1,621	1,579	-854.75	93.51	83.14
Free Cash Flow	-2,758	-367.32	-892.51	-645.84	248.04
Free Cash Flow Margin	-17.31%	-2.56%	-5.64%	-5.88%	1.38%
Free Cash Flow Per Share	-1.10	-0.16	-0.46	-0.34	0.13
Cash Interest Paid	460.66	202.43	268.93	-	-
Cash Income Tax Paid	93.67	44.88	13.16	-	-
Levered Free Cash Flow	-502.97	120.03	-212.46	-251.11	-
Unlevered Free Cash Flow	-130.23	270.87	-15.24	-205.49	-
Change in Working Capital	-698.7	125.81	-321.17	229.16	-643.55

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