IST:MARBL Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	113.26	129.04	53.59	10.18	-6.67
Depreciation & Amortization	148.11	97.66	59.87	28.34	23.5
Other Amortization	-0	0.13	0.09	1.42	0.56
Loss (Gain) From Sale of Assets	-0.69	-2.85	4.79	-0.73	0.21
Asset Writedown & Restructuring Costs	-71.49	-72.68	-49.58	-4.81	0.46
Loss (Gain) From Sale of Investments	-10.38	-5.01	-0.69	-	-
Loss (Gain) on Equity Investments	-	-	-	-0.83	-0.84
Other Operating Activities	-92.12	12.17	47.19	34.49	13.72
Change in Accounts Receivable	-6.53	2.02	-33.9	1.01	0.17
Change in Inventory	-78.01	23.05	-30.37	-37.61	3.8
Change in Accounts Payable	120.83	-29.91	27.69	25.62	-17.7
Change in Unearned Revenue	20.16	5.11	-5.86	15.75	5.28
Change in Other Net Operating Assets	-51.61	-18.68	61.51	-9.29	-0.36
Operating Cash Flow	91.54	140.04	134.34	63.54	22.13
Operating Cash Flow Growth	-34.64%	4.25%	111.44%	187.06%	-
Capital Expenditures	-214.64	-80.78	-31.56	-14.28	-7.45
Sale of Property, Plant & Equipment	2.14	11.07	0.76	5.67	0.45
Other Investing Activities	29.83	21.07	3.28	2.09	1.31
Investing Cash Flow	-182.67	-48.64	-27.52	-6.51	-5.69
Long-Term Debt Issued	258.14	24.32	123.58	60.61	109.46
Long-Term Debt Repaid	-374.91	-183.65	-185.75	-104.77	-107.91
Net Debt Issued (Repaid)	-116.78	-159.33	-62.17	-44.16	1.55
Issuance of Common Stock	-	501.75	144	-	-
Other Financing Activities	-73.11	-143.25	-168.73	-15.6	-11.33
Financing Cash Flow	-189.88	199.17	-86.9	-59.76	-9.78
Net Cash Flow	-281.02	290.57	19.92	-2.73	6.66
Free Cash Flow	-123.11	59.26	102.78	49.26	14.68
Free Cash Flow Growth	-	-42.34%	108.67%	235.57%	-
Free Cash Flow Margin	-5.15%	3.58%	8.84%	9.17%	4.71%
Free Cash Flow Per Share	-0.54	0.32	3.12	13.68	4.08
Cash Interest Paid	71.15	64.25	30.42	15.6	13.48
Cash Income Tax Paid	9.66	-	-	-	-
Levered Free Cash Flow	-226.79	-248.27	47.19	-71.99	-
Unlevered Free Cash Flow	-182.32	-208.11	66.21	-62.24	-
Change in Net Working Capital	191.48	317.48	50.59	107.91	-

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