IST:LUKSK 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	-146.54	-67.71	193.94	96.19	35.37	6.3
Depreciation & Amortization	50.48	28.99	21.37	7.41	5.22	3.92
Other Amortization	0.24	0.24	0.79	0.11	0.13	0.01
Loss (Gain) From Sale of Assets	-1.39	-	-	-	-	-
Asset Writedown & Restructuring Costs	-42.48	-42.48	-125.19	-89.77	-30	-
Provision & Write-off of Bad Debts	1.57	-	-	-0.05	0.76	1.02
Other Operating Activities	105.04	125.34	157.26	66.98	35.67	19.28
Change in Accounts Receivable	84.12	56.03	-70.62	-22.23	-10.62	-9.1
Change in Inventory	52.09	-5.14	-12.06	-18.3	-15.74	-3.14
Change in Accounts Payable	-3.81	1.78	-1.61	2.72	9.81	-0.19
Change in Unearned Revenue	4.27	4.59	-0.69	-	-	-
Change in Other Net Operating Assets	1.44	0.18	11.69	-44.39	-1.66	4.74
Operating Cash Flow	113.15	121.21	202.54	-1.32	28.94	22.84
Operating Cash Flow Growth	-64.66%	-40.16%	-	-	26.69%	92.65%
Capital Expenditures	-32.61	-1.39	-43.56	-15.18	-20.39	-5.59
Sale of Property, Plant & Equipment	33.57	-	0.06	0.37	0.06	0.11
Sale (Purchase) of Intangibles	-	-	-	-0.01	-0.06	-0.02
Other Investing Activities	-	-	-	6.14	0.96	0.68
Investing Cash Flow	0.95	-1.39	-43.5	-8.67	-19.44	-4.82
Long-Term Debt Issued	-	21.86	163.93	97.39	100.68	15.91
Long-Term Debt Repaid	-	-100.81	-144.27	-107.83	-50.94	-17.24
Total Debt Repaid	-89.02	-100.81	-144.27	-107.83	-50.94	-17.24
Net Debt Issued (Repaid)	-71.56	-78.95	19.66	-10.44	49.73	-1.33
Common Dividends Paid	-	-	-5.21	-3.5	-3	-
Other Financing Activities	-26.71	-49.41	-227.1	-16.08	-2.51	-3.38
Financing Cash Flow	-98.27	-128.36	-212.65	-30.02	44.22	-4.7
Miscellaneous Cash Flow Adjustments	-17.22	-	-	-	-	-
Net Cash Flow	-1.39	-8.55	-53.61	-40.01	53.72	13.32
Free Cash Flow	80.53	119.82	158.98	-16.5	8.55	17.26
Free Cash Flow Growth	-72.25%	-24.63%	-	-	-50.47%	309.53%
Free Cash Flow Margin	21.60%	26.44%	29.00%	-7.00%	6.57%	18.61%
Free Cash Flow Per Share	2.88	4.28	5.68	-0.59	0.30	0.62
Cash Interest Paid	30.27	52.97	241.09	16.08	2.51	3.38
Cash Income Tax Paid	1.79	1.79	-	1.77	1.58	1.6
Levered Free Cash Flow	-36.91	69.34	-227.53	-19.12	-7.74	4.04
Unlevered Free Cash Flow	-13.95	102.45	-76.85	-9.07	-6.17	6.15
Change in Working Capital	146.24	76.83	-45.62	-82.2	-18.21	-7.69

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