IST:MEYSU Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	494.13	226.71	-	100.98	29.83
Depreciation & Amortization	132.57	94.26	-	4.7	4.55
Loss (Gain) From Sale of Assets	-	-	-	-0.13	-0.14
Provision & Write-off of Bad Debts	3.87	16.38	-	-0.85	1.1
Other Operating Activities	-229.9	-84.22	-	-13.49	-5.75
Change in Accounts Receivable	-381.79	-197.12	-	17.35	-22.49
Change in Inventory	-60.65	-15.33	-	-100.7	-25.82
Change in Accounts Payable	240.21	59.61	-	13.07	22.78
Change in Unearned Revenue	-6.53	35.39	-	19.47	0.13
Change in Other Net Operating Assets	41.04	-237.1	-	-54.75	11.43
Operating Cash Flow	232.95	-101.43	-	-14.34	15.64
Capital Expenditures	-1,158	-225.65	-	-28.08	-8.65
Sale of Property, Plant & Equipment	5.54	18.34	-	0.13	0.14
Investing Cash Flow	-1,153	-207.31	-	-27.95	-8.51
Long-Term Debt Issued	920.34	200.47	-	62.42	-
Long-Term Debt Repaid	-	-	-	-3.23	-6.34
Net Debt Issued (Repaid)	920.34	200.47	-	59.19	-6.34
Financing Cash Flow	920.34	200.47	-	59.19	-6.34
Miscellaneous Cash Flow Adjustments	-16.63	-60.36	-	-	-
Net Cash Flow	-16.26	-168.63	-	16.91	0.79
Free Cash Flow	-925.51	-327.08	-	-42.41	6.99
Free Cash Flow Margin	-24.07%	-9.00%	-	-5.62%	2.08%
Free Cash Flow Per Share	-1.23	-1.82	-	-0.62	0.10
Cash Income Tax Paid	-21.79	31.26	-	-0.29	-
Levered Free Cash Flow	-869.61	-754.42	-	-83.42	-5.21
Unlevered Free Cash Flow	-704.24	-592.6	-	-59.77	6.77
Change in Working Capital	-167.71	-354.55	-	-105.55	-13.96

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