IST:OZATD 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-128.81	225.35	744.29
Depreciation & Amortization	224.35	191.35	371.32
Other Operating Activities	-1,806	-1,333	-882.06
Change in Accounts Receivable	-167.26	-50.89	26.89
Change in Inventory	-10.33	4.3	5.97
Change in Accounts Payable	2.38	-291.87	-19.71
Change in Unearned Revenue	-41.4	-19.16	-89.93
Change in Other Net Operating Assets	644.17	99.55	99.56
Operating Cash Flow	-1,282	-1,174	256.33
Capital Expenditures	-32.21	-374.1	-490.73
Other Investing Activities	120.33	120.33	-
Investing Cash Flow	88.12	-253.76	-490.73
Long-Term Debt Issued	-	1,923	256.79
Long-Term Debt Repaid	-	-1,470	-80.85
Net Debt Issued (Repaid)	-156.26	453.26	175.94
Issuance of Common Stock	72.63	1,243	30.32
Other Financing Activities	214.21	-286.66	-1.08
Financing Cash Flow	130.58	1,410	205.17
Net Cash Flow	-1,064	-17.86	-29.23
Free Cash Flow	-1,315	-1,548	-234.4
Free Cash Flow Margin	-62.26%	-88.23%	-8.09%
Free Cash Flow Per Share	-	-24.52	-3906.63
Cash Interest Paid	-	286.66	-
Cash Income Tax Paid	165.5	165.5	13.17
Levered Free Cash Flow	-507.38	-564.15	-
Unlevered Free Cash Flow	-145.77	-322.6	-
Change in Working Capital	427.57	-258.07	22.77

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