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	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-49.11	-49.17	-40.7	-4.21	17.97
Depreciation & Amortization	-12.92	11.35	14.04	8.78	1.45
Other Amortization	114.29	84.89	94.94	45.7	7.5
Loss (Gain) From Sale of Investments	-0.3	-0.26	-0.23	-6.38	-
Provision & Write-off of Bad Debts	1.79	1.81	9.56	4.78	1.28
Other Operating Activities	20.05	23.94	-14.39	-14.82	-1.52
Change in Accounts Receivable	133.23	68.18	-69.23	43.17	-31.61
Change in Inventory	-1.66	-3.84	2.54	-0.16	-
Change in Accounts Payable	-78.4	-7.44	13.26	-23.41	26.57
Change in Unearned Revenue	-77.39	-5.09	37.13	3.81	6.65
Change in Other Net Operating Assets	22.89	-24.45	-6.19	-4.74	-6.92
Operating Cash Flow	72.47	99.92	40.73	52.52	21.36
Operating Cash Flow Growth	-39.14%	145.31%	-22.45%	145.82%	-
Capital Expenditures	-2.01	-2.48	-1.86	-7.53	-0.96
Sale of Property, Plant & Equipment	-0.29	1.02	1.5	0.54	0.32
Sale (Purchase) of Intangibles	-175.05	-167.28	-144.95	-66.25	-17.03
Investment in Securities	-	-	55.43	-59.54	-
Investing Cash Flow	-177.35	-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)	101.91	99.24	-26.43	20.62	-1.52
Issuance of Common Stock	-	-	-	188.6	-
Common Dividends Paid	-	-	-	-2.28	-2.47
Other Financing Activities	5.25	16.22	32.23	6.27	-0.8
Financing Cash Flow	107.16	115.46	5.81	213.21	-4.8
Miscellaneous Cash Flow Adjustments	-24.76	-26.47	-83.86	-25.27	-
Net Cash Flow	-22.48	20.17	-127.2	107.68	-1.11
Free Cash Flow	70.47	97.43	38.87	44.99	20.4
Free Cash Flow Growth	-40.03%	150.64%	-13.59%	120.49%	-
Free Cash Flow Margin	10.51%	13.16%	6.56%	13.10%	19.47%
Free Cash Flow Per Share	1.55	2.14	0.85	0.99	0.45
Cash Interest Paid	25.22	17.58	8.3	5.9	1.54
Cash Income Tax Paid	-	-	24.08	-	-
Levered Free Cash Flow	-72.15	-26.14	-123.58	-41.95	-
Unlevered Free Cash Flow	-56.39	-15.15	-118.39	-37.22	-
Change in Net Working Capital	-23.61	-55.64	49.13	8.83	-

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