IST:MIATK 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	Sep '25 Sep 30, 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	807.46	2,276	727.65	424.55	54.16	22.19
Depreciation & Amortization	73.59	36.55	19.36	4.51	0.73	1.65
Other Amortization	212.3	212.15	148.23	58.42	5.04	-
Loss (Gain) From Sale of Assets	-0.02	-0.01	-19.3	0.94	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-1.68	-
Provision & Write-off of Bad Debts	-	-	-	-	0.09	0.08
Other Operating Activities	1,039	169.88	302.62	247.89	1.23	0.17
Change in Accounts Receivable	-176.59	-841.64	-280.7	-136.35	-34.58	-3.45
Change in Inventory	-7.17	14.92	-33.55	1.19	-1.86	14.03
Change in Accounts Payable	410.84	488.49	-15.92	41.74	19.54	-1.24
Change in Unearned Revenue	-	-	-	-	8.57	0.06
Change in Other Net Operating Assets	-2,166	-1,492	1.27	-52.13	6.63	-5.82
Operating Cash Flow	569.59	864.39	849.65	590.76	57.87	27.66
Operating Cash Flow Growth	-51.49%	1.74%	43.82%	920.87%	109.19%	-
Capital Expenditures	-530.61	-166.86	-131.84	-368.7	-124.58	-35.66
Sale of Property, Plant & Equipment	31.02	-	-	1.09	-	-
Sale (Purchase) of Intangibles	-344.66	-344.66	-754.86	-	-	0.08
Sale (Purchase) of Real Estate	-	-	-	-	5.5	6.4
Investing Cash Flow	-844.25	-511.52	-886.7	-367.61	-119.08	-29.18
Long-Term Debt Issued	-	367.66	183.29	183.28	89.93	48.4
Long-Term Debt Repaid	-	-24.06	-13.38	-112.72	-93.67	-40.9
Net Debt Issued (Repaid)	184	343.59	169.91	70.56	-3.74	7.51
Issuance of Common Stock	-	-	-	-	124.67	-
Other Financing Activities	-	-	-	-	0.28	-0.07
Financing Cash Flow	184	343.59	169.91	70.56	121.2	7.43
Miscellaneous Cash Flow Adjustments	-206.43	-124.76	-272.61	-187.35	-	-
Net Cash Flow	-297.09	571.7	-139.76	106.35	59.99	5.91
Free Cash Flow	38.99	697.53	717.81	222.06	-66.72	-8
Free Cash Flow Growth	-94.62%	-2.83%	223.26%	-	-	-
Free Cash Flow Margin	1.74%	27.00%	35.49%	20.18%	-40.63%	-9.25%
Free Cash Flow Per Share	0.08	1.41	1.45	0.45	-0.14	-
Levered Free Cash Flow	-1,421	56.16	-604.26	-151.3	-87.64	-
Unlevered Free Cash Flow	-1,101	217.19	-552.72	-138.75	-85.17	-
Change in Working Capital	-1,939	-1,831	-328.91	-145.55	-1.69	3.58

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