IST:KOPOL Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	319.13	342.1	445.14	149.58	9.75
Depreciation & Amortization	111.95	80.39	51.29	25.12	19.3
Provision & Write-off of Bad Debts	6.69	2.86	-0.74	-0.03	-0.05
Other Operating Activities	351.91	282.81	-51.64	36.43	29.55
Change in Accounts Receivable	-761.44	-568.23	-312.91	-283.32	96.16
Change in Inventory	236.85	-85.96	-245.11	-85.52	-41.15
Change in Accounts Payable	-730.59	1,603	-70.83	77.03	-59.36
Change in Unearned Revenue	6.37	-22.8	11.22	38.35	14.69
Change in Other Net Operating Assets	957.47	-1,340	-516.32	98.56	86.07
Operating Cash Flow	503.45	357.12	-744.56	56.2	154.96
Operating Cash Flow Growth	-	-	-	-63.73%	-
Capital Expenditures	-160.34	-144.75	-137.17	-11.84	-9.49
Sale of Property, Plant & Equipment	-	-	0.05	0.03	-
Sale (Purchase) of Intangibles	-0.13	-0.06	-0.6	-0.04	-0.11
Investing Cash Flow	-160.47	-144.81	-137.72	-11.85	-9.6
Long-Term Debt Issued	-	859.82	972.03	445.61	229.49
Long-Term Debt Repaid	-	-1,209	-102.71	-281.86	-316.69
Net Debt Issued (Repaid)	331.36	-349.48	869.33	163.75	-87.2
Issuance of Common Stock	-	554.05	183	-	-
Other Financing Activities	-104.25	-103.37	-63.31	-11.22	-12.01
Financing Cash Flow	227.11	101.19	989.02	152.52	-99.22
Foreign Exchange Rate Adjustments	-455.4	-351.63	-62.39	-158.04	-65.85
Net Cash Flow	114.69	-38.12	44.35	38.84	-19.71
Free Cash Flow	343.11	212.37	-881.73	44.36	145.46
Free Cash Flow Growth	-	-	-	-69.50%	-
Free Cash Flow Margin	6.86%	5.89%	-30.33%	3.33%	23.61%
Free Cash Flow Per Share	0.26	0.16	-1.86	0.74	2.42
Cash Interest Paid	114.96	111.87	64.18	11.39	12.13
Cash Income Tax Paid	13.63	8.95	57.78	3.79	0.02
Levered Free Cash Flow	107.36	-165.02	-534.35	-99.61	-
Unlevered Free Cash Flow	179.21	-95.1	-494.24	-92.49	-
Change in Net Working Capital	234.36	429.47	733.49	247.04	-

Source: S&P Capital IQ. Standard template. Financial Sources.