IST:MOPAS 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
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
Net Income	82.2	228.19	786.51	413.37	82.82
Depreciation & Amortization	531.1	472.33	367.92	273.28	272.49
Loss (Gain) From Sale of Assets	0.25	-0.69	-274.61	-	-
Asset Writedown & Restructuring Costs	-	-	-	-11.41	-2.78
Provision & Write-off of Bad Debts	-3.71	-3.67	-2.27	1.52	-1.43
Other Operating Activities	-186.79	75.33	-940.87	-59.54	213.08
Change in Accounts Receivable	-20.91	-23.49	62.75	-51.47	-63.88
Change in Inventory	83.75	-197.03	192.89	-96.17	128.18
Change in Accounts Payable	-12.47	-12.47	-15.06	356.4	-179.49
Change in Unearned Revenue	-1.16	-52.46	37.91	-19.07	-21.15
Change in Other Net Operating Assets	-1,299	-6.29	65.61	-161.65	29.83
Operating Cash Flow	-826.45	479.76	280.78	645.26	457.67
Operating Cash Flow Growth	-	70.86%	-56.48%	40.99%	-
Capital Expenditures	-258.88	-217.61	-355.31	-102.52	-100.01
Sale of Property, Plant & Equipment	1.12	10.43	686.87	3.75	4.78
Investing Cash Flow	-257.76	-207.17	331.56	-98.78	-95.23
Long-Term Debt Issued	-	178.37	-	7.26	-
Long-Term Debt Repaid	-	-353.1	-599.29	-300.32	-231.66
Net Debt Issued (Repaid)	-618.01	-174.73	-599.29	-293.05	-231.66
Common Dividends Paid	-	-	-195.05	-33.79	-
Other Financing Activities	-23.51	-253.14	-135.42	-114.65	-132.25
Financing Cash Flow	883.88	-427.87	-929.76	-441.49	-363.91
Foreign Exchange Rate Adjustments	-	-	-	211.85	305.85
Miscellaneous Cash Flow Adjustments	136.53	200.22	272.71	-	-
Net Cash Flow	-63.8	44.94	-44.7	316.84	304.39
Free Cash Flow	-1,085	262.16	-74.52	542.73	357.67
Free Cash Flow Growth	-	-	-	51.74%	-
Free Cash Flow Margin	-7.90%	1.97%	-0.62%	6.06%	4.62%
Free Cash Flow Per Share	-	1.34	-0.38	2.94	1.94
Cash Interest Paid	253.14	253.14	135.42	114.65	132.25
Cash Income Tax Paid	93.54	93.54	156.74	38.05	0.63
Levered Free Cash Flow	-	-240.41	185.83	42.32	-
Unlevered Free Cash Flow	-	445.11	651.84	209.79	-
Change in Working Capital	-1,249	-291.74	344.1	28.03	-106.51

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.