IST:KRSTL 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	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	268.16	137.43	-21.78	-107.5	10.58	5.13
Depreciation & Amortization	59.49	54.33	64.79	42.2	2.64	2.51
Loss (Gain) From Sale of Assets	-4.75	-0.44	0.37	-	-0.23	-0.17
Asset Writedown & Restructuring Costs	-3.97	-3.97	-4.86	-3.64	-0.59	-0.05
Other Operating Activities	5.08	-11.91	-28.15	-5.99	-2.98	2.82
Change in Accounts Receivable	-139.95	179.02	-90.41	37.64	-20.87	10.13
Change in Inventory	-102.28	11.42	25.54	13.91	-20.01	-6.04
Change in Accounts Payable	444.44	-60.35	70.55	-14.39	34.12	-3.41
Change in Other Net Operating Assets	127.57	-127.04	-42.21	27.93	-0.97	-4.98
Operating Cash Flow	653.79	178.5	-26.16	-9.84	1.69	5.95
Operating Cash Flow Growth	537.36%	-	-	-	-71.63%	-
Capital Expenditures	-732.2	-90.16	-6.42	-40.05	-74.3	-1.03
Sale of Property, Plant & Equipment	4.76	2.71	1.11	-	0.23	0.17
Sale (Purchase) of Intangibles	-	-	-0.87	-	-0.26	-0.02
Sale (Purchase) of Real Estate	-29.6	-24.62	-	-	-	-0.02
Investing Cash Flow	-757.04	-112.07	-6.18	-40.05	-74.33	-0.91
Long-Term Debt Issued	-	13.51	-	-	-	-
Total Debt Issued	110.51	13.51	-	-	-	-
Long-Term Debt Repaid	-	-	-	-7.97	-5.29	-4.83
Net Debt Issued (Repaid)	110.51	13.51	-	-7.97	-5.29	-4.83
Issuance of Common Stock	-	-	-	-	96.53	-
Other Financing Activities	-19.75	4.02	1.35	-0.31	2.23	-2.07
Financing Cash Flow	90.76	17.53	1.35	-8.28	93.47	-6.89
Miscellaneous Cash Flow Adjustments	-5.63	-3.22	-1.1	-	-	-
Net Cash Flow	-18.12	80.74	-32.08	-58.16	20.82	-1.85
Free Cash Flow	-78.41	88.33	-32.58	-49.88	-72.61	4.92
Free Cash Flow Margin	-3.08%	3.64%	-1.36%	-3.58%	-28.37%	2.56%
Free Cash Flow Per Share	-0.41	0.46	-0.17	-0.26	-0.38	0.05
Cash Interest Paid	25.56	0.61	0.2	1.11	1.27	2.16
Cash Income Tax Paid	46.21	23.9	17.71	1.23	0.2	0.1
Levered Free Cash Flow	-382.2	277.24	106.55	-109.54	-92.21	7.78
Unlevered Free Cash Flow	-360.23	279.3	106.7	-108.85	-91.41	9.13
Change in Working Capital	329.78	3.05	-36.53	65.09	-7.73	-4.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.