IST:PARSN Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-1,236	-334.15	365.13	728.45	163.34
Depreciation & Amortization	649.36	475.56	266.12	223.55	120.72
Other Amortization	37.93	31.54	21.64	17.33	3.93
Loss (Gain) From Sale of Assets	-8.31	-0.65	-7.49	-3.27	-1.57
Loss (Gain) on Equity Investments	126.35	227.74	38.82	-468.29	-129.28
Provision & Write-off of Bad Debts	4.75	19.29	1.6	-2.38	2.19
Other Operating Activities	431.52	-267.29	82.78	-36.31	-140.73
Change in Accounts Receivable	-142.2	75.96	-152.55	-57.12	-125.94
Change in Inventory	-514.67	7.86	-291.81	-273.62	-170.71
Change in Accounts Payable	1,664	63.54	29.47	444.59	248.88
Change in Other Net Operating Assets	-209.41	-166.77	-87.34	-131.59	-10.96
Operating Cash Flow	803.74	132.64	266.36	441.33	-40.15
Operating Cash Flow Growth	505.97%	-50.20%	-39.65%	-	-
Capital Expenditures	-724.26	-473.81	-697.21	-209.26	-72.34
Sale of Property, Plant & Equipment	51.97	1.37	103.32	5.63	1.68
Sale (Purchase) of Intangibles	-104.67	-25.08	-35.65	-55.66	-12.49
Sale (Purchase) of Real Estate	-1.3	-1.5	-1.23	-0.17	-0.87
Other Investing Activities	298.1	311.4	323.14	132.04	79.43
Investing Cash Flow	-480.16	-187.63	-307.63	-127.43	-4.58
Long-Term Debt Issued	3,627	2,659	1,871	1,002	489.32
Total Debt Issued	3,627	2,659	1,871	1,002	489.32
Long-Term Debt Repaid	-3,749	-2,410	-1,614	-1,209	-418.2
Net Debt Issued (Repaid)	-122.15	248.75	256.98	-207.32	71.12
Other Financing Activities	-224.4	-200.11	-153.48	-88.93	-36.73
Financing Cash Flow	-346.55	48.64	103.49	-296.25	34.39
Foreign Exchange Rate Adjustments	-0.11	-0.23	-2.07	-0.35	-0.37
Net Cash Flow	-23.08	-6.59	60.15	17.29	-10.71
Free Cash Flow	79.48	-341.18	-430.85	232.07	-112.49
Free Cash Flow Margin	1.58%	-8.18%	-11.16%	9.41%	-9.86%
Free Cash Flow Per Share	0.92	-4.42	-5.59	3.01	-1.46
Cash Interest Paid	224.4	200.11	153.48	78.54	28.7
Cash Income Tax Paid	-2.08	22.83	49.55	49.34	23.11
Levered Free Cash Flow	459.7	-101.25	-448.23	188.2	69.48
Unlevered Free Cash Flow	595.93	25.91	-362.86	241.7	112.92
Change in Working Capital	797.65	-19.41	-502.23	-17.75	-58.73

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