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	Jun '25 Jun 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	1,772	2,276	727.65	424.55	54.16	22.19
Depreciation & Amortization	-70.67	36.55	19.36	4.51	0.73	1.65
Other Amortization	347.22	212.15	148.23	58.42	5.04	-
Loss (Gain) From Sale of Assets	-0.01	-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	279.2	169.88	302.62	247.89	1.23	0.17
Change in Accounts Receivable	139.34	-841.64	-280.7	-136.35	-34.58	-3.45
Change in Inventory	-0.23	14.92	-33.55	1.19	-1.86	14.03
Change in Accounts Payable	187.08	488.49	-15.92	41.74	19.54	-1.24
Change in Unearned Revenue	-	-	-	-	8.57	0.06
Change in Other Net Operating Assets	-1,699	-1,492	1.27	-52.13	6.63	-5.82
Operating Cash Flow	955.64	864.39	849.65	590.76	57.87	27.66
Operating Cash Flow Growth	30.21%	1.74%	43.82%	920.87%	109.19%	-
Capital Expenditures	-641.19	-166.86	-131.84	-368.7	-124.58	-35.66
Sale of Property, Plant & Equipment	0.02	-	-	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	-985.83	-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)	250	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	250	343.59	169.91	70.56	121.2	7.43
Miscellaneous Cash Flow Adjustments	-194.58	-124.76	-272.61	-187.35	-	-
Net Cash Flow	25.23	571.7	-139.76	106.35	59.99	5.91
Free Cash Flow	314.45	697.53	717.81	222.06	-66.72	-8
Free Cash Flow Growth	-65.28%	-2.83%	223.26%	-	-	-
Free Cash Flow Margin	16.61%	27.00%	35.49%	20.18%	-40.63%	-9.25%
Free Cash Flow Per Share	0.64	1.41	1.45	0.45	-0.14	-
Levered Free Cash Flow	-1,100	56.16	-604.26	-151.3	-87.64	-
Unlevered Free Cash Flow	-938.73	217.19	-552.72	-138.75	-85.17	-
Change in Working Capital	-1,372	-1,831	-328.91	-145.55	-1.69	3.58

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