IST:ODINE Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	402.14	250.27	135.71	55.68
Depreciation & Amortization	11.39	7.62	4.16	2.94
Other Amortization	114.66	60.26	24.18	16.47
Loss (Gain) From Sale of Assets	-0	-	-	-
Loss (Gain) From Sale of Investments	-61.46	-28.89	30.14	-0.56
Provision & Write-off of Bad Debts	1.3	4.81	0.34	0.15
Other Operating Activities	83.37	199.58	9.24	6.77
Change in Accounts Receivable	-202.15	-431.28	-149.32	-51.3
Change in Inventory	4.66	10.62	-7.13	-6.7
Change in Accounts Payable	349.82	69.33	17.77	79.67
Change in Unearned Revenue	-165.14	-19.31	177.7	53.51
Change in Other Net Operating Assets	-281.43	328.47	-301.71	-7.94
Operating Cash Flow	257.14	451.47	-58.91	148.69
Operating Cash Flow Growth	-43.04%	-	-	-
Capital Expenditures	-472.79	-191.76	-86.29	-12.74
Sale of Property, Plant & Equipment	0.21	0.02	6.67	0.52
Investing Cash Flow	-472.58	-191.74	-79.62	-12.22
Long-Term Debt Repaid	-7.44	-4.45	-3.68	-1.67
Net Debt Issued (Repaid)	-7.44	-4.45	-3.68	-1.67
Issuance of Common Stock	628.3	27.23	-	-
Other Financing Activities	75.57	-84.61	0.29	13.3
Financing Cash Flow	696.44	-61.83	-3.39	11.63
Foreign Exchange Rate Adjustments	-45.49	-42.26	10.8	-12.85
Net Cash Flow	435.51	155.64	-131.12	135.24
Free Cash Flow	-215.64	259.71	-145.2	135.95
Free Cash Flow Margin	-17.97%	33.67%	-44.26%	69.67%
Free Cash Flow Per Share	-2.04	3.12	-55.21	51.69
Cash Interest Paid	1.67	18.82	14.77	1.98
Cash Income Tax Paid	28.25	4.85	11.25	6.29
Levered Free Cash Flow	-200.73	-241.21	36.53	-
Unlevered Free Cash Flow	-197.01	-227.56	46.46	-
Change in Net Working Capital	81.51	240.39	-39.12	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.