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	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	Dec '20 Dec 31, 2020
Net Income	-104.25	-102.49	-45.11	-7.32	2.54	2.02
Depreciation & Amortization	17.15	18.76	14.39	8.19	2.61	0.95
Other Amortization	-	-	-	-	0.01	-
Loss (Gain) From Sale of Assets	-0.63	-1.99	-25.89	-4.88	-0.4	-0.43
Asset Writedown & Restructuring Costs	-	-	-	-	-1.09	0.54
Provision & Write-off of Bad Debts	8.13	7.01	-2.96	-8.45	2.12	-
Other Operating Activities	166.79	116.82	73.26	57.08	6.19	6.53
Change in Accounts Receivable	-50.02	-35.03	221.42	112.61	-105.83	-16.86
Change in Inventory	88.34	41.99	112.94	-207.98	-27.19	1.47
Change in Accounts Payable	12.5	15.2	-3.54	-346.98	119.74	-2.43
Change in Unearned Revenue	-19.17	111.32	7.53	2.48	0.35	-1.21
Change in Other Net Operating Assets	65.01	64.86	-164.14	15.78	-12.37	15.28
Operating Cash Flow	183.85	236.47	187.88	-379.46	-13.31	5.86
Operating Cash Flow Growth	-22.99%	25.86%	-	-	-	-
Capital Expenditures	-7.63	-55.17	-85.81	-11.18	-0.99	-5.51
Sale of Property, Plant & Equipment	0.34	3.27	103.29	6.58	0.65	1.34
Sale (Purchase) of Intangibles	-	-	-	-	-0.01	-
Sale (Purchase) of Real Estate	-0.41	-	-	34.23	-12.71	-
Other Investing Activities	-	-	-	-	2.45	-
Investing Cash Flow	-7.7	-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	-20.33	-22.14	-116.55	-	-62.72	-28.26
Net Debt Issued (Repaid)	-20.33	-22.14	-116.55	309.32	-27.92	24.03
Issuance of Common Stock	-	-	-	-	77	-
Other Financing Activities	-163.54	-146.46	-112.9	-34.82	-6.34	-5.39
Financing Cash Flow	-183.87	-168.6	-229.45	274.5	42.74	18.64
Net Cash Flow	-7.73	15.97	-24.09	-75.34	18.81	20.34
Free Cash Flow	176.22	181.3	102.07	-390.65	-14.31	0.36
Free Cash Flow Growth	4.72%	77.63%	-	-	-	-
Free Cash Flow Margin	41.75%	40.96%	12.91%	-58.38%	-8.74%	0.63%
Free Cash Flow Per Share	2.20	2.27	1.28	-4.88	-0.18	0.01
Cash Interest Paid	168.67	170.08	116.23	34.82	6.34	5.39
Cash Income Tax Paid	-	1.88	37.86	20.42	0.42	0.08
Levered Free Cash Flow	-63.05	123.22	-147.65	-506.25	-20.38	-
Unlevered Free Cash Flow	53.19	237.26	-70.62	-477.78	-12.97	-
Change in Working Capital	96.66	198.35	174.2	-424.08	-25.3	-3.75

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