Marmaris Altinyunus Turistik Tesisler A.S. (IST:MAALT)

IST:MAALT Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	71.48	-119.48	-52.3	-98.96	44.06	16.69
Depreciation & Amortization	26.46	27.38	28.66	21.3	2.24	2.48
Loss (Gain) From Sale of Assets	0.55	-	-	-	1.18	-0.04
Provision & Write-off of Bad Debts	-0.96	-	-	-	-	-
Other Operating Activities	443.44	316.12	394.6	-68.87	-21.27	-24.03
Change in Accounts Receivable	0.25	-0.76	0.34	0.16	-0.05	-0.04
Change in Inventory	0	0	0	0	0	0
Change in Accounts Payable	243.15	-23.94	-34.43	107.56	7.83	0.18
Change in Unearned Revenue	-62.58	-	-	-	-	-
Change in Other Net Operating Assets	-281.23	-289.61	-26.51	-28.28	-1.01	0.01
Operating Cash Flow	440.55	-90.28	310.36	-67.1	32.99	-4.75
Operating Cash Flow Growth	84.09%	-	-	-	-	-
Capital Expenditures	-409.4	-813.25	-664.23	-174.02	-20.31	-0.32
Sale of Property, Plant & Equipment	-2.12	-	-	-	5.89	0.01
Sale (Purchase) of Real Estate	-	-	-0.03	-	-	0.02
Other Investing Activities	1.57	-	1,840	-	15.25	-9.91
Investing Cash Flow	-409.95	-813.25	1,175	-174.02	0.83	-10.2
Other Financing Activities	51.98	169.05	85.34	-	-0.03	-0.01
Financing Cash Flow	51.98	169.05	85.34	-	-0.03	-0.01
Foreign Exchange Rate Adjustments	-446.61	-526.39	-91.3	-	-	-
Net Cash Flow	-364.03	-1,261	1,480	-241.11	33.79	-14.96
Free Cash Flow	31.15	-903.53	-353.87	-241.11	12.68	-5.07
Free Cash Flow Margin	69.30%	-2277.37%	-946.31%	-2578.41%	259.95%	-103.09%
Free Cash Flow Per Share	-	-129.69	-50.79	-45.88	2.41	-0.92
Cash Income Tax Paid	-	41.15	3.92	6.34	0.89	3.91
Levered Free Cash Flow	-163.12	-858.88	-597.07	-88.9	-13.81	-2.78
Unlevered Free Cash Flow	-163.06	-858.88	-597.07	-88.9	-13.81	-2.78
Change in Working Capital	-100.42	-314.31	-60.6	79.44	6.77	0.15

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