IST:MAGEN 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	Mar '25 Mar 31, 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	-1,553	-281.88	448.79	-1,243	1,010	77.04
Depreciation & Amortization	327.65	299.32	295.22	269.48	86.14	11.64
Loss (Gain) on Sale of Assets	-	-	-1.8	-6.65	-	-
Loss (Gain) on Sale of Investments	1,180	-243.55	-530.85	-	-360.1	-
Asset Writedown	1,412	1,292	480.41	2,107	-550.38	-353.52
Stock-Based Compensation	-	-	-	-	-317.75	-
Change in Accounts Receivable	54.07	276.36	509.44	-84.33	-291.89	-2.49
Change in Inventory	7.14	14.63	-53.18	-0.57	-1.02	-1.89
Change in Accounts Payable	515.05	-148.03	-363.37	73.81	110.18	26.55
Change in Unearned Revenue	0.81	-5.7	28.21	-20.31	2.37	8.95
Change in Other Net Operating Assets	-11.82	45.52	-49.14	-170.46	-21.6	-27.75
Other Operating Activities	-1,815	-1,046	-1,202	-820.24	-494.41	43.54
Operating Cash Flow	117.03	202.79	-438.62	104.59	-828.26	-217.93
Capital Expenditures	-68.66	-62.99	-55.46	-158.28	-	-6.63
Sale of Property, Plant & Equipment	34.13	10.65	30.31	29.09	-	0.04
Cash Acquisitions	-	-	-	-	0.05	-
Investment in Securities	-	-	-1,009	-424.84	-	-
Other Investing Activities	23.13	47.83	210.58	19.33	-112.3	-
Investing Cash Flow	-11.72	-4.5	-823.39	-534.7	-112.25	-6.59
Long-Term Debt Issued	-	1,185	1,519	186.55	920.26	231.14
Long-Term Debt Repaid	-	-881.67	-1,158	-614.54	-	-
Net Debt Issued (Repaid)	349.54	303.05	361.81	-427.99	920.26	231.14
Issuance of Common Stock	174.72	-	-	-	824.94	21.9
Repurchase of Common Stock	-	-30.39	-41.5	-	-	-
Common Dividends Paid	-	-	-20.65	-143.24	-	-
Other Financing Activities	-375.72	-613.56	862.34	-965.96	-0.95	51.91
Financing Cash Flow	148.55	-340.9	1,162	-1,537	1,744	304.94
Foreign Exchange Rate Adjustments	-74.39	-114.42	-209.58	-	-	-
Net Cash Flow	179.46	-257.04	-309.59	-1,967	803.74	80.43
Free Cash Flow	48.37	139.8	-494.08	-53.68	-828.26	-224.56
Free Cash Flow Margin	4.22%	12.32%	-45.11%	-4.33%	-162.78%	-251.81%
Free Cash Flow Per Share	0.04	0.12	-0.42	-0.04	-0.70	-
Cash Interest Paid	378.98	368.68	320.24	146.88	92.53	15.15
Cash Income Tax Paid	0.66	-5.11	3.7	-1.6	1.05	0
Levered Free Cash Flow	-88.36	-280.79	1,168	-1,163	-330.41	-
Unlevered Free Cash Flow	444.77	-45.4	1,381	-1,071	-272.58	-
Change in Net Working Capital	-161.82	318.93	-1,005	1,430	135.35	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.