IST:ORCAY 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	FY 2020
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	Dec '20 Dec 31, 2020
Net Income	-78.73	-102.49	-45.11	-7.32	2.54	2.02
Depreciation & Amortization	17.26	18.76	14.39	8.19	2.61	0.95
Other Amortization	-	-	-	-	0.01	-
Loss (Gain) From Sale of Assets	0.47	-1.99	-25.89	-4.88	-0.4	-0.43
Asset Writedown & Restructuring Costs	-	-	-	-	-1.09	0.54
Provision & Write-off of Bad Debts	7.42	7.01	-2.96	-8.45	2.12	-
Other Operating Activities	146.05	116.82	73.26	57.08	6.19	6.53
Change in Accounts Receivable	-35.03	-35.03	221.42	112.61	-105.83	-16.86
Change in Inventory	34.32	41.99	112.94	-207.98	-27.19	1.47
Change in Accounts Payable	-3.16	15.2	-3.54	-346.98	119.74	-2.43
Change in Unearned Revenue	-42.64	111.32	7.53	2.48	0.35	-1.21
Change in Other Net Operating Assets	191.77	64.86	-164.14	15.78	-12.37	15.28
Operating Cash Flow	237.75	236.47	187.88	-379.46	-13.31	5.86
Operating Cash Flow Growth	147.39%	25.86%	-	-	-	-
Capital Expenditures	-47.94	-55.17	-85.81	-11.18	-0.99	-5.51
Sale of Property, Plant & Equipment	-0.29	3.27	103.29	6.58	0.65	1.34
Sale (Purchase) of Intangibles	-	-	-	-	-0.01	-
Other Investing Activities	-	-	-	-	2.45	-
Investing Cash Flow	-48.23	-51.9	17.48	29.63	-10.62	-4.17
Long-Term Debt Issued	-	-	-	309.32	34.8	52.29
Short-Term Debt Repaid	-	-	-	-	-0.18	-
Long-Term Debt Repaid	-	-22.14	-116.55	-	-62.54	-28.26
Total Debt Repaid	-47.88	-22.14	-116.55	-	-62.72	-28.26
Net Debt Issued (Repaid)	-47.88	-22.14	-116.55	309.32	-27.92	24.03
Issuance of Common Stock	-	-	-	-	77	-
Other Financing Activities	-145.6	-146.46	-112.9	-34.82	-6.34	-5.39
Financing Cash Flow	-193.49	-168.6	-229.45	274.5	42.74	18.64
Net Cash Flow	-3.97	15.97	-24.09	-75.34	18.81	20.34
Free Cash Flow	189.81	181.3	102.07	-390.65	-14.31	0.36
Free Cash Flow Growth	111.77%	77.63%	-	-	-	-
Free Cash Flow Margin	44.49%	40.96%	12.91%	-58.38%	-8.74%	0.63%
Free Cash Flow Per Share	2.37	2.27	1.28	-4.88	-0.18	0.01
Cash Interest Paid	170.08	170.08	116.23	34.82	6.34	5.39
Cash Income Tax Paid	1.88	1.88	37.86	20.42	0.42	0.08
Levered Free Cash Flow	-73.36	124.67	-147.65	-506.26	-20.34	-
Unlevered Free Cash Flow	36.51	238.71	-70.62	-477.79	-12.94	-
Change in Net Working Capital	7.17	-207.71	108.93	545.44	20.26	-

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.