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Masfen Enerji Anonim Sirketi (IST:MASFN)
Turkey flag Turkey · Delayed Price · Currency is TRY
42.56
-0.50 (-1.16%)
Last updated: Aug 26, 2026, 4:30 PM GMT+3

IST:MASFN Cash Flow Statement

Millions TRY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Net Income
1,9771,7902,255825.77
Depreciation & Amortization
189.79173.11139.1286.39
Loss (Gain) From Sale of Assets
-82.49-82.575.42-0.5
Asset Writedown & Restructuring Costs
6.86.8-155.68-49.55
Loss (Gain) From Sale of Investments
-15.07-15.89-19.51-5.16
Provision & Write-off of Bad Debts
9.459.670.06-0.12
Other Operating Activities
-503.7-561.353.1481.25
Change in Accounts Receivable
-1,649-958.55-214.39-13.73
Change in Inventory
34.44-2.7936.129.77
Change in Accounts Payable
-47.16-88.1394.07151.58
Change in Unearned Revenue
1,042636.9-492.63487.59
Change in Other Net Operating Assets
-345.23-61.7-49.552.4
Operating Cash Flow
617.91845.071,5341,646
Operating Cash Flow Growth
--44.90%-6.81%-

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Capital Expenditures
-210.82-228.53-42.54-96.48
Sale of Property, Plant & Equipment
6.858.227.557.71
Cash Acquisitions
-131.49-163.13-62.24-291.73
Divestitures
155.47155.47--
Sale (Purchase) of Intangibles
-4.58-4.58--
Sale (Purchase) of Real Estate
-3.48--277.31-
Investment in Securities
29.6341.06-46.113.45
Investing Cash Flow
-158.42-191.5-420.65-377.04

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Long-Term Debt Issued
-309.06-227.4
Long-Term Debt Repaid
--295.73-542.89-315.27
Net Debt Issued (Repaid)
-210.9113.33-542.89-87.86
Issuance of Common Stock
---460
Other Financing Activities
1,4601,276563.64-523.76
Financing Cash Flow
1,2491,29020.74-151.63

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Net Cash Flow
1,7091,9431,1341,117

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Free Cash Flow
407.09616.541,4911,549
Free Cash Flow Growth
--58.65%-3.75%-
Free Cash Flow Margin
8.73%15.98%34.04%55.07%
Free Cash Flow Per Share
0.811.232.983.10
Levered Free Cash Flow
-374.08950.29-
Unlevered Free Cash Flow
-398.7970.11-

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23
Cash Interest Paid
61.3338.234.7963.02
Cash Income Tax Paid
415.73491.19222.1418.18
Change in Working Capital
-964.36-474.26-693.52707.62