IST:MNDTR 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	-1,537	-618.9	-1,292	609.77	502.81
Depreciation & Amortization	972.87	820.16	552.86	317.37	65.39
Loss (Gain) From Sale of Assets	-	-	-55.56	-38.96	-14.71
Asset Writedown & Restructuring Costs	54.25	-	0.73	5.13	2.86
Provision & Write-off of Bad Debts	33.06	-29.66	10.61	-39.08	38.33
Other Operating Activities	608.26	-202.52	-21.58	-1,066	161.4
Change in Accounts Receivable	300.07	729.06	1,308	1,536	-938.94
Change in Inventory	332.83	269.86	1,217	621.72	-414.26
Change in Accounts Payable	-171.27	-656.33	-1,012	-1,830	700.29
Change in Other Net Operating Assets	44.01	2.09	-1.57	168.38	-17.3
Operating Cash Flow	410.66	-171.05	707.29	283.85	85.89
Operating Cash Flow Growth	-	-	149.18%	230.49%	-20.02%
Capital Expenditures	-195.98	-657.93	-578.93	-394.89	-91.42
Sale of Property, Plant & Equipment	7.1	1.91	111.53	56.98	11.86
Sale (Purchase) of Intangibles	-	-	-	-	-0.7
Sale (Purchase) of Real Estate	-	-	-	-324.12	28.41
Other Investing Activities	355.17	658.64	3.42	-0.11	-
Investing Cash Flow	166.29	2.62	-463.98	-662.15	-51.85
Short-Term Debt Issued	1,482	4,739	2,592	6,444	1,328
Long-Term Debt Issued	15.44	33.75	-	-	-
Total Debt Issued	1,497	4,773	2,592	6,444	1,328
Short-Term Debt Repaid	-1,518	-4,981	-2,423	-5,509	-1,271
Long-Term Debt Repaid	-	-	-33.5	-50.11	-5.9
Total Debt Repaid	-1,518	-4,981	-2,457	-5,559	-1,277
Net Debt Issued (Repaid)	-20.2	-207.5	135.07	884.95	50.3
Issuance of Common Stock	-	1,019	-	-	-
Other Financing Activities	-436.56	-436.92	-393.68	-585.86	-13.9
Financing Cash Flow	-456.76	374.49	-258.61	299.09	36.41
Foreign Exchange Rate Adjustments	9.92	-14.67	-	27.46	4.01
Miscellaneous Cash Flow Adjustments	-52.93	-150.83	-128.13	-	-
Net Cash Flow	77.17	40.56	-143.44	-51.75	74.46
Free Cash Flow	214.68	-828.97	128.36	-111.04	-5.54
Free Cash Flow Margin	1.36%	-4.66%	0.85%	-0.69%	-0.14%
Free Cash Flow Per Share	0.20	-0.79	0.37	-0.32	-0.02
Cash Interest Paid	518.31	518.31	447.24	470.68	79.71
Cash Income Tax Paid	-	-	-	-	43.56
Levered Free Cash Flow	671.8	-732.86	274.22	-1,334	-450.08
Unlevered Free Cash Flow	1,002	-309.69	620.8	-1,024	-402.57
Change in Working Capital	505.64	344.69	1,512	495.84	-670.2

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