IST:KONTR 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	-730.2	358.53	622.27	655.97	130.67
Depreciation & Amortization	726.14	937.86	602.22	43.6	2.56
Other Amortization	47.61	28.5	0.51	5.16	4.34
Loss (Gain) From Sale of Assets	-3.38	2.59	-5.15	-10.27	-0.95
Asset Writedown & Restructuring Costs	3.57	5.35	41.52	20.83	-23.19
Loss (Gain) on Equity Investments	102.98	-98.52	40.75	-2.03	0.16
Provision & Write-off of Bad Debts	-	-	-	20.11	-
Other Operating Activities	2,454	4,047	942.46	147.11	13.6
Change in Accounts Receivable	-2,929	-2,620	-930.43	-354.22	-284.21
Change in Inventory	220.54	-1,798	-248.26	-321.67	-74.15
Change in Accounts Payable	324.35	3,453	734.69	353.01	76.49
Change in Unearned Revenue	3,312	634.37	520.78	-337.54	137.65
Change in Other Net Operating Assets	-2,007	-1,857	-78.69	942.02	-118.3
Operating Cash Flow	1,521	3,093	2,243	1,162	-135.34
Operating Cash Flow Growth	-50.82%	37.91%	92.99%	-	-
Capital Expenditures	-5,540	-2,906	-3,210	-510.59	-25.49
Sale of Property, Plant & Equipment	740.63	59.99	8.72	4.64	0.99
Cash Acquisitions	200.8	-1,767	-	-11.45	-
Divestitures	-	-	142.57	705.65	-
Sale (Purchase) of Intangibles	-	-	-389.48	-36.96	-26.74
Sale (Purchase) of Real Estate	11.81	0.13	-1,325	-183.53	-
Investment in Securities	-	-68.83	-158.51	-60.07	-5
Other Investing Activities	128.92	-	-	-	-
Investing Cash Flow	-4,458	-4,682	-4,932	-92.31	-56.25
Long-Term Debt Issued	3,133	4,857	2,369	1,161	232.73
Net Debt Issued (Repaid)	3,133	4,857	2,369	1,161	232.73
Issuance of Common Stock	-	270.41	-	-	-
Repurchase of Common Stock	-	-	-	-23.32	-
Common Dividends Paid	-22.75	-44.03	-54.42	-24.8	-6.91
Other Financing Activities	-2,175	-1,173	-442.77	-59.12	-9.18
Financing Cash Flow	935.29	3,911	1,872	1,053	216.65
Miscellaneous Cash Flow Adjustments	-518.47	-629.51	-999.5	-384.12	-
Net Cash Flow	-2,520	1,692	-1,817	1,739	25.06
Free Cash Flow	-4,019	186.89	-967.64	651.5	-160.83
Free Cash Flow Margin	-23.79%	1.44%	-16.90%	19.87%	-26.29%
Free Cash Flow Per Share	-6.18	0.29	-2.15	1.45	-0.36
Cash Interest Paid	2,175	1,632	592.61	154.45	11.18
Cash Income Tax Paid	49.34	127.15	210.39	111.3	14.58
Levered Free Cash Flow	-8,041	-3,406	-5,173	-1,906	-184.78
Unlevered Free Cash Flow	-6,719	-3,043	-4,792	-1,780	-177.73
Change in Working Capital	-1,079	-2,188	-1.9	281.6	-262.52

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