IST:MEGMT 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	449.56	422.61	300.12	81.69	4.29	44.09
Depreciation & Amortization	386.17	348.29	224.01	120.32	73.36	52.13
Loss (Gain) From Sale of Assets	-8.88	-8.5	-22.26	-2.29	-	-0.77
Asset Writedown & Restructuring Costs	19.93	19.93	49.31	-127.69	-17.87	8.4
Other Operating Activities	151.56	51.28	863.27	694.54	507.6	165.79
Change in Accounts Receivable	-970.65	-512.71	-259.25	-66.98	-262.73	-128.94
Change in Inventory	-529.89	-579.5	-599.45	-31.07	-372.1	-150.55
Change in Accounts Payable	43.12	-477.24	360.6	40.38	-	-
Change in Unearned Revenue	549.37	-71.38	184.9	88.73	135.28	12.77
Change in Other Net Operating Assets	-249.04	-250.12	92.39	-204.16	299.65	123.04
Operating Cash Flow	-158.77	-1,057	1,194	593.46	367.49	125.96
Operating Cash Flow Growth	-	-	101.13%	61.49%	191.76%	-
Capital Expenditures	-325.63	-243.53	-354.82	-358.29	-109.69	-131.99
Sale of Property, Plant & Equipment	34.81	31.68	63.49	43.1	25.35	4.27
Sale (Purchase) of Intangibles	1.76	-	-	-	-0.49	-0.07
Investment in Securities	-	-	-	-	-0.66	-4.73
Other Investing Activities	113.53	115.63	-64.07	-111.4	-1.22	0.66
Investing Cash Flow	-175.53	-96.22	-363.07	-443.43	-104.53	-143.83
Long-Term Debt Issued	-	1,270	173.6	455.12	157.22	73.65
Long-Term Debt Repaid	-	-	-18.12	-	-	-
Net Debt Issued (Repaid)	1,078	1,270	155.48	455.12	157.22	73.65
Issuance of Common Stock	-	-	1,087	10	49.16	42.05
Other Financing Activities	208.37	193.48	-201.81	-413.66	-202.09	-67.06
Financing Cash Flow	1,287	1,463	1,040	51.45	4.28	48.63
Foreign Exchange Rate Adjustments	-455.89	-171.48	-489.2	-189.03	-203.53	-19.47
Net Cash Flow	496.64	138.45	1,382	12.46	63.71	11.29
Free Cash Flow	-484.39	-1,301	838.83	235.17	257.81	-6.04
Free Cash Flow Growth	-	-	256.69%	-8.78%	-	-
Free Cash Flow Margin	-2.61%	-7.25%	7.15%	2.66%	6.01%	-0.29%
Free Cash Flow Per Share	-1.83	-4.91	3.73	1.04	1.50	-0.06
Cash Interest Paid	423.04	447.57	289.34	431.86	204.59	67.51
Levered Free Cash Flow	-739.98	-1,355	-168.56	-367.98	-154.29	-
Unlevered Free Cash Flow	-505.54	-1,075	38.55	-270.62	-120.41	-
Change in Net Working Capital	927.56	1,560	214.36	297.59	229.65	-

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.