IST:LILAK 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
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
Net Income	1,279	1,175	324.08	2,053	745.61
Depreciation & Amortization	633.81	729.22	665.94	368.96	294.79
Loss (Gain) From Sale of Assets	-509.51	-0.14	-8.98	-0.47	-2.37
Loss (Gain) From Sale of Investments	-67.18	-9.4	-4.37	-2.26	-
Provision & Write-off of Bad Debts	2.98	0.41	-7.19	-5.44	3.29
Other Operating Activities	-742.14	-67.8	1,826	995.46	1,219
Change in Accounts Receivable	722.22	578.58	1,388	-1,594	-713.75
Change in Inventory	-7.74	69.94	1,373	-677.23	-226.27
Change in Accounts Payable	128.63	91.09	-559.19	326.52	255.16
Change in Other Net Operating Assets	-467.94	303.15	-287.54	50.35	308.47
Operating Cash Flow	972.23	2,870	4,710	1,515	1,884
Operating Cash Flow Growth	-77.43%	-39.05%	210.89%	-19.57%	-
Capital Expenditures	-842.34	-688.57	-715.68	-287.52	-1,398
Sale of Property, Plant & Equipment	535.35	10.24	8.98	0.98	2.37
Sale (Purchase) of Intangibles	-1.46	-3.14	-2.59	-0.35	-0.9
Investment in Securities	-135.12	-49.73	47.76	-27.8	-
Other Investing Activities	-497.47	-12.53	60.6	39.27	247.08
Investing Cash Flow	-882.49	-743.74	-600.93	-275.42	-1,149
Long-Term Debt Issued	-	1,756	2,874	3,102	2,463
Long-Term Debt Repaid	-	-2,373	-3,952	-2,631	-1,757
Net Debt Issued (Repaid)	-1,519	-617.6	-1,078	471.16	705.97
Issuance of Common Stock	-	3,613	-	-	-
Common Dividends Paid	-957.26	-202.15	-229.44	-137	-93.96
Other Financing Activities	714.46	-1,193	-2,624	-2,102	-1,419
Financing Cash Flow	-2,679	1,601	-3,931	-1,768	-806.68
Foreign Exchange Rate Adjustments	-506.88	442.97	356.42	325.29	189.44
Net Cash Flow	-3,096	4,170	534.43	-203.44	116.96
Free Cash Flow	129.89	2,182	3,994	1,227	485.67
Free Cash Flow Growth	-95.98%	-45.37%	225.40%	152.74%	-
Free Cash Flow Margin	1.26%	17.43%	29.57%	9.74%	7.45%
Free Cash Flow Per Share	0.23	3.90	7.99	2.46	0.97
Cash Interest Paid	200.62	290.7	283.32	191.73	13.94
Cash Income Tax Paid	58.37	141.57	166.98	149.15	1.57
Levered Free Cash Flow	-55.01	2,049	1,184	-201.18	-
Unlevered Free Cash Flow	52.52	2,243	1,425	-65.39	-
Change in Working Capital	375.17	1,043	1,915	-1,895	-376.39

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.