IST:OZKGY 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	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	Dec '20 Dec 31, 2020
Net Income	358.31	1,727	4,248	8,184	2,524	617.54
Depreciation & Amortization	620.89	507.56	314.91	46.19	46	32.24
Gain (Loss) on Sale of Investments	-	-	-	-	-167.51	11.32
Asset Writedown	-1,631	-340.29	-3,611	-5,622	-1,577	-357.18
Change in Accounts Receivable	-1,102	-365.51	-399.16	-77.9	-179.51	-214.94
Change in Accounts Payable	-619.63	371.37	-26.39	-653.97	-296.2	325.64
Change in Other Net Operating Assets	-473.07	1,214	-425.04	-1,702	13.84	-73.91
Other Operating Activities	-1,415	478.87	1,487	795.5	8.37	103.05
Operating Cash Flow	-2,196	3,227	1,665	2,749	671.33	340.83
Operating Cash Flow Growth	-	93.84%	-39.44%	309.43%	96.97%	130.84%
Acquisition of Real Estate Assets	-415.49	-1,283	-2,199	-503.92	-389.41	-49.97
Sale of Real Estate Assets	4.77	-	-	0.11	0.13	-
Net Sale / Acq. of Real Estate Assets	-410.72	-1,283	-2,199	-503.81	-389.28	-49.97
Investment in Marketable & Equity Securities	191.93	79.87	-844.5	-2,722	-	-
Other Investing Activities	524.23	451.06	439.74	161.09	27.19	13.02
Investing Cash Flow	305.45	-751.99	-2,604	-3,065	-362.09	-36.95
Long-Term Debt Issued	-	325.04	1,464	1,436	160	680.29
Long-Term Debt Repaid	-	-1,125	-667.65	-181.31	-132.2	-847.58
Net Debt Issued (Repaid)	4,987	-800.1	795.95	1,255	27.8	-167.3
Other Financing Activities	-784.75	-765.06	-654.15	-366.3	-59.89	-65.76
Foreign Exchange Rate Adjustments	-373.59	-286.99	-1,106	-881.46	-	-
Net Cash Flow	1,938	622.45	-1,903	-308.86	277.14	70.82
Cash Interest Paid	784.75	765.06	654.15	366.3	59.89	65.76
Cash Income Tax Paid	60.66	17.88	5.85	3	0.93	-2.45
Levered Free Cash Flow	-1,796	1,434	-5,566	-1,513	804.39	-225.05
Unlevered Free Cash Flow	-1,282	1,916	-5,157	-1,284	842.97	-178.18
Change in Working Capital	-127.37	846.38	-777.74	-657.13	-162.24	-66.59

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.