MOGAN Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-1,993	1,261	-3,831	1,704	342.91
Depreciation & Amortization	5,197	5,335	6,695	1,294	679.2
Asset Writedown	56.21	56.21	5,248	-	-
Change in Accounts Receivable	427.16	1,366	-2,737	-	-
Change in Inventory	26.84	175.47	3.55	-	-
Change in Accounts Payable	771.58	-1,086	988.94	-	-
Change in Unearned Revenue	20.89	0.37	0.04	-	-
Change in Other Net Operating Assets	1,182	-1,560	2,307	-	-
Other Operating Activities	99.8	-2,368	4,211	-2,928	819.99
Operating Cash Flow	5,788	3,179	12,885	69.24	1,842
Operating Cash Flow Growth	13.63%	-75.33%	18511.06%	-96.24%	-
Capital Expenditures	-92.87	-82.21	-7,140	-	-
Sale of Property, Plant & Equipment	0.99	0.03	6.63	-	-
Sale (Purchase) of Intangibles	-0.68	-0.68	-2.78	-	-
Other Investing Activities	681.26	579.45	207.43	1,337	-1,383
Investing Cash Flow	587.06	496.59	-6,929	1,337	-1,383
Long-Term Debt Issued	-	337.57	4,672	-	-
Long-Term Debt Repaid	-	-4,603	-7,303	-	-
Net Debt Issued (Repaid)	-4,768	-4,266	-2,632	-	-
Other Financing Activities	-1,652	-1,554	-3,332	-642.36	-1,035
Financing Cash Flow	-3,669	-5,820	-5,964	-642.36	-1,035
Foreign Exchange Rate Adjustments	0.23	-	-	-45.59	401.44
Net Cash Flow	2,461	-2,144	-7.02	718.14	-174.67
Free Cash Flow	5,695	3,096	5,745	69.24	1,842
Free Cash Flow Growth	11.80%	-46.11%	8198.40%	-96.24%	-
Free Cash Flow Margin	67.35%	22.30%	28.23%	2.11%	89.65%
Free Cash Flow Per Share	2.33	1.39	2.58	-	-
Cash Interest Paid	2,016	1,948	3,420	-	-
Cash Income Tax Paid	28.63	-0.15	-2.52	-	-
Levered Free Cash Flow	4,709	3,946	-207.78	1,330	-
Unlevered Free Cash Flow	5,742	5,550	1,638	1,886	-
Change in Net Working Capital	-609.57	868.62	-221.42	95.76	-

Source: S&P Capital IQ. Utility template. Financial Sources.