IST:OZSUB 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	-113.39	-10.84	52.93	8.4
Depreciation & Amortization	56.25	46.56	22.72	3.27
Other Amortization	0.4	0.35	-	0.04
Loss (Gain) From Sale of Assets	-1.24	-1.14	-3.56	-
Asset Writedown & Restructuring Costs	41.85	-5.69	-38.82	10.23
Loss (Gain) on Equity Investments	-106.03	-43.29	1.7	-
Provision & Write-off of Bad Debts	-	-0.03	1.32	0.13
Other Operating Activities	47.66	6.88	70.74	22.35
Change in Accounts Receivable	167.09	-229.56	-	-11.56
Change in Inventory	9.12	-7.06	-3.22	-2.64
Change in Accounts Payable	-681.19	520.4	37.68	112.92
Change in Unearned Revenue	-0.11	-0.09	-0.85	-
Change in Income Taxes	-9.73	-0.34	3.18	0.06
Change in Other Net Operating Assets	284.49	-344.16	5.32	-113.27
Operating Cash Flow	-304.83	-68.02	149.12	29.91
Operating Cash Flow Growth	-	-	398.54%	-
Capital Expenditures	-51.71	-81.84	-49.22	-5.27
Sale (Purchase) of Intangibles	-50.37	-1.47	-0.25	-0.11
Investment in Securities	39.25	39.58	-71.98	-
Other Investing Activities	-0.61	-	-	-0.09
Investing Cash Flow	-63.44	-43.73	-121.46	-5.46
Short-Term Debt Issued	-	-	-	11.86
Long-Term Debt Issued	540.58	120.52	-	-
Total Debt Issued	540.58	120.52	-	11.86
Long-Term Debt Repaid	-0.36	-0.32	-119.87	-20.17
Net Debt Issued (Repaid)	540.22	120.21	-119.87	-8.31
Issuance of Common Stock	-	-	266.69	-
Common Dividends Paid	-1.79	-	-	-
Other Financing Activities	-154.8	-136.78	-57.39	-14.34
Financing Cash Flow	383.62	-16.58	89.42	-22.65
Miscellaneous Cash Flow Adjustments	-3.93	-23.31	-22.65	-
Net Cash Flow	11.43	-151.64	94.44	1.8
Free Cash Flow	-356.54	-149.86	99.9	24.65
Free Cash Flow Growth	-	-	305.34%	-
Free Cash Flow Margin	-13.85%	-6.85%	6.72%	5.63%
Free Cash Flow Per Share	-5.94	-2.50	2.22	1.23
Cash Interest Paid	156.67	104.78	60.8	14.34
Cash Income Tax Paid	-	28.88	-0.74	-
Levered Free Cash Flow	-315.9	-190.27	-237.62	-
Unlevered Free Cash Flow	-217.94	-124.74	-199.54	-
Change in Net Working Capital	217.66	259.88	272.82	-

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.