Panora Gayrimenkul Yatirim Ortakligi A.S. (IST:PAGYO)

IST:PAGYO Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	820.7	3,811	1,812	249.69	29.43
Depreciation & Amortization	0.29	1.13	0.76	0.13	0.13
Other Amortization	-	-	-	0.03	0.03
Gain (Loss) on Sale of Assets	-	-	-	-	0.01
Asset Writedown	-466.98	-3,424	-1,649	-201.09	0.46
Change in Accounts Receivable	17.19	-9.34	-42.5	-5.48	1.7
Change in Accounts Payable	-316.68	647.28	12.06	2.5	-0.75
Change in Other Net Operating Assets	15.9	9.13	9.04	3.25	-2.04
Other Operating Activities	202.66	-294.09	46.81	-1.26	0.93
Operating Cash Flow	288.05	751.21	189.05	47.72	29.54
Operating Cash Flow Growth	-61.66%	297.36%	296.15%	61.55%	-47.77%
Acquisition of Real Estate Assets	-2.21	-1,072	-0.55	-0.57	-7.82
Sale of Real Estate Assets	-	-	-	-	0.02
Net Sale / Acq. of Real Estate Assets	-2.21	-1,072	-0.55	-0.57	-7.79
Investing Cash Flow	-2.21	-1,073	-0.69	-0.58	-7.83
Short-Term Debt Issued	-	-	9.89	-	-
Total Debt Issued	-	-	9.89	-	-
Short-Term Debt Repaid	-10.82	-3.36	-	-	-
Total Debt Repaid	-10.82	-3.36	-	-	-
Net Debt Issued (Repaid)	-10.82	-3.36	9.89	-	-
Common Dividends Paid	-279.39	-194.02	-78.62	-39.85	-38.54
Other Financing Activities	73.88	57.07	10.23	1.37	-
Miscellaneous Cash Flow Adjustments	14.31	75.25	-	-	-
Net Cash Flow	83.83	-386.6	129.86	8.66	-16.83
Cash Income Tax Paid	-	-	0.32	0.05	-0.44
Levered Free Cash Flow	227.93	416.38	101.83	8.88	34.01
Unlevered Free Cash Flow	293	426.28	101.83	9.23	34.24
Change in Net Working Capital	42.12	-149.47	33.66	20.62	-16.44

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