Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi (IST:MERCN)
Turkey · Delayed Price · Currency is TRY 17.43
-0.97 (-5.27%)
At close: Sep 15, 2026
IST:MERCN Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 153.03 | 141.91 | -78.4 | 87.83 | 101.45 | 121.58 |
Depreciation & Amortization | 56.18 | 68.18 | 77.07 | 51.43 | 37.45 | 8.02 |
Other Amortization | 12.07 | 13.16 | 7.83 | 5.18 | 4.6 | 0.82 |
Asset Writedown & Restructuring Costs | -54.29 | -82.44 | -72.66 | -177.6 | -100.08 | -12.18 |
Loss (Gain) on Equity Investments | -4.22 | 13.98 | 15.1 | -17.35 | - | - |
Provision & Write-off of Bad Debts | -23.41 | 1.28 | 21.98 | 4.86 | -31.33 | 13.01 |
Other Operating Activities | 266.98 | 5.58 | 343.99 | 261.66 | -58.95 | 9.19 |
Change in Accounts Receivable | -158.73 | -32.3 | 75.23 | -485.23 | 269.93 | -92.89 |
Change in Inventory | -472.57 | -172.7 | 300 | 269.65 | -41.83 | -105.39 |
Change in Accounts Payable | 112.9 | 72.8 | -10.62 | 161.53 | -182.88 | 51.42 |
Change in Unearned Revenue | -123.3 | -1.78 | -23.84 | -29.32 | 23.64 | -4.6 |
Change in Other Net Operating Assets | -53.65 | 33.34 | 83.52 | -111.27 | -104.23 | -90.76 |
Operating Cash Flow | -289 | 61.01 | 739.19 | 21.36 | -82.23 | -101.78 |
Operating Cash Flow Growth | - | -91.75% | 3360.12% | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -162.08 | -123.21 | -121.11 | -372.63 | -63.05 | -47.14 |
Sale of Property, Plant & Equipment | 4.44 | - | 9.29 | 8.17 | 0.23 | 0.99 |
Cash Acquisitions | - | - | - | -72.4 | - | - |
Sale (Purchase) of Real Estate | -16.06 | 50 | - | -5.96 | - | - |
Other Investing Activities | 89.44 | 119.56 | 134.22 | 68.48 | 20.88 | - |
Investing Cash Flow | -84.25 | 46.34 | 22.39 | -374.33 | -41.95 | -46.15 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 251.67 | - | 701.7 | 157.04 | 241.87 |
Long-Term Debt Repaid | - | - | -129.47 | -4.09 | -2.77 | -178.81 |
Lease Payments | -1.45 | - | -8.62 | -4.09 | -2.77 | - |
Net Debt Issued (Repaid) | 811.67 | 251.67 | -129.47 | 697.61 | 154.27 | 63.06 |
Issuance of Common Stock | - | - | - | - | - | 155.78 |
Common Dividends Paid | -40.74 | -8.5 | -19.99 | -25.16 | -2.54 | -0.9 |
Other Financing Activities | -305.04 | -296.88 | -548.75 | -374.93 | -3.51 | -39.97 |
Financing Cash Flow | 465.89 | -53.71 | -698.21 | 297.52 | 148.22 | 177.98 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -42.39 | -36.47 | -47.86 | 33.49 | 22.89 | 7.39 |
Miscellaneous Cash Flow Adjustments | -53.19 | -53.74 | -73.02 | -86.81 | - | - |
Net Cash Flow | -2.95 | -36.57 | -57.51 | -108.77 | 46.92 | 37.44 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -451.07 | -62.21 | 618.08 | -351.26 | -145.28 | -148.92 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -15.35% | -2.15% | 17.95% | -10.09% | -5.12% | -22.37% |
Free Cash Flow Per Share | -2.37 | -0.33 | 3.25 | -1.84 | -0.76 | -0.78 |
Levered Free Cash Flow | -692.62 | 192.55 | -20.3 | -384.13 | -510.05 | -159.87 |
Unlevered Free Cash Flow | -501.97 | 378.1 | 322.67 | -149.79 | -416.56 | -134.96 |
Free Cash Flow After Leases | -452.52 | -62.21 | 609.46 | -355.36 | -148.05 | -148.92 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 305.04 | 296.88 | 548.75 | 374.93 | 3.51 | 39.86 |
Cash Income Tax Paid | - | - | -13.29 | 5.27 | 59.51 | 2.37 |
Change in Working Capital | -695.34 | -100.64 | 424.29 | -194.65 | -35.36 | -242.22 |