IST:OBASE 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	-10.67	-49.17	-40.7	-4.21	17.97
Depreciation & Amortization	-38.5	11.35	14.04	8.78	1.45
Other Amortization	151.41	84.89	94.94	45.7	7.5
Loss (Gain) From Sale of Investments	-0.65	-0.26	-0.23	-6.38	-
Provision & Write-off of Bad Debts	3	1.81	9.56	4.78	1.28
Other Operating Activities	26.81	23.94	-14.39	-14.82	-1.52
Change in Accounts Receivable	2.62	68.18	-69.23	43.17	-31.61
Change in Inventory	9.41	-3.84	2.54	-0.16	-
Change in Accounts Payable	-49.82	-7.44	13.26	-23.41	26.57
Change in Unearned Revenue	-67.97	-5.09	37.13	3.81	6.65
Change in Other Net Operating Assets	7.56	-24.45	-6.19	-4.74	-6.92
Operating Cash Flow	33.2	99.92	40.73	52.52	21.36
Operating Cash Flow Growth	-62.19%	145.31%	-22.45%	145.82%	-
Capital Expenditures	-1.56	-2.48	-1.86	-7.53	-0.96
Sale of Property, Plant & Equipment	-0.37	1.02	1.5	0.54	0.32
Sale (Purchase) of Intangibles	-183	-167.28	-144.95	-66.25	-17.03
Investment in Securities	-	-	55.43	-59.54	-
Investing Cash Flow	-184.93	-168.73	-89.88	-132.78	-17.68
Long-Term Debt Issued	-	118.85	52.67	49.61	7.67
Long-Term Debt Repaid	-	-19.61	-79.1	-28.98	-9.19
Net Debt Issued (Repaid)	133.16	99.24	-26.43	20.62	-1.52
Issuance of Common Stock	-	-	-	188.6	-
Common Dividends Paid	-	-	-	-2.28	-2.47
Other Financing Activities	-7.29	16.22	32.23	6.27	-0.8
Financing Cash Flow	125.87	115.46	5.81	213.21	-4.8
Miscellaneous Cash Flow Adjustments	-24.27	-26.47	-83.86	-25.27	-
Net Cash Flow	-50.12	20.17	-127.2	107.68	-1.11
Free Cash Flow	31.64	97.43	38.87	44.99	20.4
Free Cash Flow Growth	-63.34%	150.64%	-13.59%	120.49%	-
Free Cash Flow Margin	4.65%	13.16%	6.56%	13.10%	19.47%
Free Cash Flow Per Share	0.69	2.14	0.85	0.99	0.45
Cash Interest Paid	35.93	17.58	8.3	5.9	1.54
Cash Income Tax Paid	-	-	24.08	-	-
Levered Free Cash Flow	-135.22	-26.14	-123.58	-41.95	-
Unlevered Free Cash Flow	-112.75	-15.15	-118.39	-37.22	-
Change in Working Capital	-98.2	27.35	-22.49	18.66	-5.32

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