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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	280.98	251.78	179.89	-21.78	-107.5	10.58
Depreciation & Amortization	113.24	99.42	75.87	64.79	42.2	2.64
Loss (Gain) From Sale of Assets	-5.84	-5.63	-0.58	0.37	-	-0.23
Asset Writedown & Restructuring Costs	0.28	0.28	-5.2	-4.86	-3.64	-0.59
Other Operating Activities	25.03	17.34	-20.91	-28.15	-5.99	-2.98
Change in Accounts Receivable	-10.55	29.14	234.33	-90.41	37.64	-20.87
Change in Inventory	-144.84	-108.92	14.94	25.54	13.91	-20.01
Change in Accounts Payable	58.88	190.48	-78.99	70.55	-14.39	34.12
Change in Other Net Operating Assets	38.81	268.55	-166.29	-42.21	27.93	-0.97
Operating Cash Flow	356	742.44	233.07	-26.16	-9.84	1.69
Operating Cash Flow Growth	-29.40%	218.55%	-	-	-	-71.63%
Capital Expenditures	-205.32	-886.31	-118.02	-6.42	-40.05	-74.3
Sale of Property, Plant & Equipment	6.9	6.4	3.55	1.11	-	0.23
Sale (Purchase) of Intangibles	-	-	-	-0.87	-	-0.26
Sale (Purchase) of Real Estate	-5.19	-5.19	-32.23	-	-	-
Investing Cash Flow	-203.62	-885.1	-146.69	-6.18	-40.05	-74.33
Long-Term Debt Issued	-	93.81	17.68	-	-	-
Long-Term Debt Repaid	-	-	-	-	-7.97	-5.29
Net Debt Issued (Repaid)	-60.49	93.81	17.68	-	-7.97	-5.29
Issuance of Common Stock	-	-	-	-	-	96.53
Other Financing Activities	-42.3	-33.89	5.83	1.35	-0.31	2.23
Financing Cash Flow	-102.79	59.92	23.51	1.35	-8.28	93.47
Miscellaneous Cash Flow Adjustments	-0.97	-2.65	-4.22	-1.1	-	-
Net Cash Flow	48.63	-85.39	105.68	-32.08	-58.16	20.82
Free Cash Flow	150.68	-143.87	115.06	-32.58	-49.88	-72.61
Free Cash Flow Margin	4.50%	-4.45%	3.62%	-1.36%	-3.58%	-28.37%
Free Cash Flow Per Share	-	-0.75	0.60	-0.17	-0.26	-0.38
Cash Interest Paid	41.72	41.72	0.84	0.2	1.11	1.27
Cash Income Tax Paid	39.84	39.84	31.28	17.71	1.23	0.2
Levered Free Cash Flow	-50.58	-512.02	182.08	106.55	-109.54	-92.21
Unlevered Free Cash Flow	27.57	-431.41	269.29	106.7	-108.85	-91.41
Change in Working Capital	-57.69	379.25	3.99	-36.53	65.09	-7.73

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