Net Holding A.S. (IST:NTHOL)
Turkey · Delayed Price · Currency is TRY 44.28
+0.98 (2.26%)
Aug 28, 2026, 6:09 PM GMT+3
Net Holding A.S. Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 1,007 | 1,666 | 3,439 | 3,220 | 1,530 | 910.01 |
Depreciation & Amortization | 6,241 | 5,136 | 5,484 | 2,590 | 726.33 | 179.49 |
Asset Writedown & Restructuring Costs | 476.71 | 476.71 | 201.01 | -3,205 | -1,917 | -2,478 |
Loss (Gain) on Equity Investments | - | - | - | 176.63 | 308.1 | -19.97 |
Provision & Write-off of Bad Debts | - | - | 0.12 | 0.07 | 0.05 | 8.77 |
Other Operating Activities | -3,510 | -3,181 | 1,471 | 1,711 | 3,019 | 2,112 |
Change in Accounts Receivable | 55.19 | -686.67 | -715.67 | 193.93 | 39.87 | -92.79 |
Change in Inventory | -281.67 | -288.9 | 82.04 | -226.98 | -152.92 | -23.75 |
Change in Accounts Payable | -48.25 | 1,265 | 1,406 | 697.39 | 342.9 | 411.23 |
Change in Unearned Revenue | -2,522 | -891.11 | -2,457 | 1,157 | 1,646 | 50.01 |
Change in Other Net Operating Assets | -824 | -579.37 | 2,175 | -759.47 | -159.84 | -98.77 |
Operating Cash Flow | 593.99 | 2,916 | 11,087 | 5,554 | 5,382 | 957.95 |
Operating Cash Flow Growth | -94.30% | -73.70% | 99.61% | 3.19% | 461.86% | 750.48% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -791.18 | -873.83 | -12,592 | -3,468 | -1,859 | -384.06 |
Sale of Property, Plant & Equipment | 116.23 | 80.09 | 864.14 | 1,828 | 37.46 | 1.65 |
Sale (Purchase) of Intangibles | -110.01 | -113.16 | -128.06 | -122.95 | -297.41 | -57.29 |
Sale (Purchase) of Real Estate | 301.27 | -711.72 | -568.92 | -47.23 | -202.17 | -21.72 |
Other Investing Activities | -1,380 | -1,430 | 1,028 | - | - | - |
Investing Cash Flow | -1,863 | -3,049 | -11,397 | -1,810 | -2,321 | -461.42 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 6,394 | 6,211 | 743.05 | 939.36 | 846.88 |
Long-Term Debt Repaid | - | -2,371 | -3,104 | -2,333 | -2,388 | -1,204 |
Net Debt Issued (Repaid) | 4,551 | 4,023 | 3,107 | -1,590 | -1,448 | -357.56 |
Issuance of Common Stock | - | - | - | - | 19.93 | 844.18 |
Repurchase of Common Stock | -385.84 | -502.15 | -1,402 | - | - | -77.89 |
Common Dividends Paid | -440.14 | -380.37 | -224.89 | -30.8 | -2.8 | -32.05 |
Other Financing Activities | -913.11 | -1,324 | -1,361 | -461.11 | -333.16 | -146.61 |
Financing Cash Flow | 2,812 | 1,816 | 119.32 | -2,082 | -1,764 | 230.07 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -310.28 | -491.53 | 246.38 | -188.35 | -311.04 | 150.48 |
Miscellaneous Cash Flow Adjustments | -891.97 | -648.46 | -1,170 | -1,160 | -1,152 | - |
Net Cash Flow | 340.65 | 543.46 | -1,115 | 313.47 | -166.2 | 877.08 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -197.19 | 2,042 | -1,506 | 2,086 | 3,523 | 573.89 |
Free Cash Flow Growth | - | - | - | -40.79% | 513.94% | - |
Free Cash Flow Margin | -0.74% | 8.16% | -5.94% | 15.22% | 55.30% | 56.74% |
Free Cash Flow Per Share | - | 4.08 | -2.71 | 3.70 | 7.42 | 1.22 |
Levered Free Cash Flow | 2,641 | 4,318 | -7,291 | 1,833 | 931.73 | -81.1 |
Unlevered Free Cash Flow | 3,952 | 5,266 | -6,249 | 2,481 | 1,311 | 60.32 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 674.33 | 1,516 | 1,666 | 488.6 | 404.41 | 226.27 |
Cash Income Tax Paid | - | -383.79 | -519.49 | 565.58 | 286.46 | 43.63 |
Change in Working Capital | -3,621 | -1,181 | 490.74 | 1,062 | 1,716 | 245.93 |