IST:ODINE 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	358.59	402.14	250.27	135.71	55.68
Depreciation & Amortization	71.35	11.39	7.62	4.16	2.94
Other Amortization	114.66	114.66	60.26	24.18	16.47
Loss (Gain) From Sale of Assets	-0	-0	-	-	-
Loss (Gain) From Sale of Investments	-35.19	-61.46	-28.89	30.14	-0.56
Provision & Write-off of Bad Debts	5.7	1.3	4.81	0.34	0.15
Other Operating Activities	188.73	83.37	199.58	9.24	6.77
Change in Accounts Receivable	-268.11	-202.15	-431.28	-149.32	-51.3
Change in Inventory	-46.93	4.66	10.62	-7.13	-6.7
Change in Accounts Payable	100.1	349.82	69.33	17.77	79.67
Change in Unearned Revenue	3.01	-165.14	-19.31	177.7	53.51
Change in Other Net Operating Assets	153.49	-281.43	328.47	-301.71	-7.94
Operating Cash Flow	645.4	257.14	451.47	-58.91	148.69
Operating Cash Flow Growth	59.23%	-43.04%	-	-	-
Capital Expenditures	-542.29	-472.79	-191.76	-86.29	-12.74
Sale of Property, Plant & Equipment	10.58	0.21	0.02	6.67	0.52
Investing Cash Flow	-805.2	-472.58	-191.74	-79.62	-12.22
Long-Term Debt Repaid	-	-7.44	-4.45	-3.68	-1.67
Net Debt Issued (Repaid)	-14.9	-7.44	-4.45	-3.68	-1.67
Issuance of Common Stock	-	628.3	27.23	-	-
Other Financing Activities	133.91	75.57	-84.61	0.29	13.3
Financing Cash Flow	119.01	696.44	-61.83	-3.39	11.63
Foreign Exchange Rate Adjustments	-68.77	-45.49	-42.26	10.8	-12.85
Net Cash Flow	-109.56	435.51	155.64	-131.12	135.24
Free Cash Flow	103.11	-215.64	259.71	-145.2	135.95
Free Cash Flow Margin	6.50%	-17.97%	33.67%	-44.26%	69.67%
Free Cash Flow Per Share	0.93	-2.04	3.12	-55.21	51.69
Cash Interest Paid	-	1.67	18.82	14.77	1.98
Cash Income Tax Paid	21.8	28.25	4.85	11.25	6.29
Levered Free Cash Flow	-459.61	-200.73	-241.21	36.53	-
Unlevered Free Cash Flow	-450.12	-197.01	-227.56	46.46	-
Change in Working Capital	-58.43	-294.25	-42.17	-262.68	67.24

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