Körfez Gayrimenkul Yatirim Ortakligi A.S. (IST:KRGYO)

IST:KRGYO Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	66.77	135.55	95.95	24.4	6.28
Depreciation & Amortization	3.85	2.36	2.17	0.27	0.01
Gain (Loss) on Sale of Investments	-	-20.23	-16.64	-5.82	-2.11
Asset Writedown	-35.93	-10.79	-100.94	-11.13	-0.57
Income (Loss) on Equity Investments	-	-	-	-0.01	-0.62
Change in Accounts Receivable	-9.04	2.34	-1.58	-1.27	-0.08
Change in Accounts Payable	-0.04	-16.5	-41	-10.19	31.61
Change in Other Net Operating Assets	-23.05	18.94	-2.83	5.63	-2.13
Other Operating Activities	8.13	-99.54	48.77	-0.09	-0.37
Operating Cash Flow	59.29	52.12	35.31	10.54	40.71
Operating Cash Flow Growth	13.76%	47.60%	234.85%	-74.10%	673.76%
Acquisition of Real Estate Assets	-303.62	-	-0.02	-1.35	-39.42
Net Sale / Acq. of Real Estate Assets	-303.62	-	-0.02	-1.35	-39.42
Investment in Marketable & Equity Securities	87.7	-24.21	6.51	-7.92	-9.14
Other Investing Activities	-	6.71	1.43	0.01	0.62
Investing Cash Flow	-215.92	-17.5	7.91	-9.25	-47.93
Long-Term Debt Issued	100.96	-	-	-	-
Long-Term Debt Repaid	-1.1	-0.96	-0.95	-0.17	-
Net Debt Issued (Repaid)	99.86	-0.96	-0.95	-0.17	-
Foreign Exchange Rate Adjustments	-	-22.47	-8.32	-	-
Miscellaneous Cash Flow Adjustments	-13.29	-	-	-	-
Net Cash Flow	-70.06	11.19	33.95	1.12	-7.22
Cash Income Tax Paid	-	-	-	-0.09	0.06
Levered Free Cash Flow	-164.68	5.05	-212.25	14.49	21.39
Unlevered Free Cash Flow	-155.38	5.18	-212.04	14.53	21.39
Change in Net Working Capital	173.43	102.33	232.89	-11.15	-19.71

Source: S&P Capital IQ. Real Estate template. Financial Sources.