Lider Faktoring A.S. 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	969.4	656.67	566.36	206.88	38.16
Depreciation & Amortization	20.14	3.52	0.93	3.09	3.8
Other Amortization	3.05	4.39	1.84	0.73	0.63
Other Operating Activities	79.99	27.99	10.17	-3.83	6.27
Change in Accounts Receivable	-5,055	-2,786	-1,694	-791.71	-275.78
Change in Other Net Operating Assets	-5,230	-2,738	-1,584	-864.49	179.3
Operating Cash Flow	-9,212	-4,832	-2,699	-1,449	-47.62
Capital Expenditures	-124.13	-171.65	-76.07	-108.43	-8.27
Sale of Property, Plant & Equipment	-	-	-	-	0.32
Investment in Securities	-109.6	-67.65	-20.06	-	-
Other Investing Activities	-	-	-	-0.36	-0.36
Investing Cash Flow	-233.73	-239.31	-96.13	-108.79	-8.32
Long-Term Debt Issued	10,016	5,892	3,162	1,852	46.67
Long-Term Debt Repaid	-478.46	-720.51	-354.98	-269.98	-
Net Debt Issued (Repaid)	9,537	5,172	2,807	1,582	46.67
Financing Cash Flow	9,537	5,172	2,807	1,582	46.67
Net Cash Flow	91.64	100.84	11.88	23.71	-9.27
Free Cash Flow	-9,336	-5,003	-2,775	-1,558	-55.9
Free Cash Flow Margin	-198.13%	-164.60%	-219.10%	-305.94%	-25.08%
Free Cash Flow Per Share	-8.57	-4.59	-2.55	-1.43	-0.05
Cash Interest Paid	3,430	2,095	657.89	306.19	170.09
Cash Income Tax Paid	387.24	269.88	211.74	61.02	8.16
Levered Free Cash Flow	-4,847	-2,920	-1,796	-948.3	-280.1
Unlevered Free Cash Flow	-4,847	-2,920	-1,796	-948.3	-280.1
Change in Working Capital	-10,284	-5,524	-3,278	-1,656	-96.48

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