IST:PCILT 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	244.58	247.61	447.41	74.79	31.56	21.17
Depreciation & Amortization	30.81	28.26	34.35	22.68	2.07	1.68
Loss (Gain) From Sale of Assets	0.94	-2.81	-	-	-	-0.09
Asset Writedown & Restructuring Costs	-11.43	-12.64	-168.17	-28.19	-19.14	-
Loss (Gain) From Sale of Investments	-	-	-	-	4.46	-3.36
Provision & Write-off of Bad Debts	0.81	-2.67	-9.19	-15.76	9.79	-
Other Operating Activities	177.85	172.95	188.56	20.52	1.67	8.34
Change in Accounts Receivable	-342.8	-485.13	-941.94	-411.67	-165.82	85.93
Change in Accounts Payable	605.48	-34.32	1,155	-225.04	85.82	-75.05
Change in Unearned Revenue	-6.95	29.13	181.63	68.42	10.81	1.41
Change in Other Net Operating Assets	-146.99	17.39	-59.8	345.64	17.73	-110.72
Operating Cash Flow	552.31	-42.23	827.71	-148.6	-21.07	-70.68
Capital Expenditures	-10.5	-28.61	-31.65	-22.16	-0.75	-2.21
Sale of Property, Plant & Equipment	3.52	6.36	-	0.03	-	0.15
Cash Acquisitions	13.42	-52.79	-	-	-	-
Sale (Purchase) of Real Estate	1.68	-7.7	-12.3	-	-	-
Investing Cash Flow	8.12	-82.73	-43.95	-22.12	-0.75	-2.06
Short-Term Debt Issued	-	-	-	24.13	-	-
Long-Term Debt Issued	-	-	-	-	52.93	242.31
Total Debt Issued	-	-	-	24.13	52.93	242.31
Short-Term Debt Repaid	-	-10.15	-25.23	-	-	-
Long-Term Debt Repaid	-	-8.6	-11.87	-5.38	-107.86	-183.04
Total Debt Repaid	-19.94	-18.75	-37.1	-5.38	-107.86	-183.04
Net Debt Issued (Repaid)	-19.94	-18.75	-37.1	18.75	-54.93	59.27
Issuance of Common Stock	-	-	-	-	94.53	35
Repurchase of Common Stock	-115.4	-42.47	-	-	-	-
Common Dividends Paid	-101.03	-101.03	-72.55	-3.55	-15.6	-
Other Financing Activities	1.92	-14.07	77.81	-59.76	84.77	-8.61
Financing Cash Flow	-234.45	-176.31	-31.84	-44.56	108.76	85.66
Foreign Exchange Rate Adjustments	-33.51	-197.35	-252.43	-	-	-
Net Cash Flow	292.46	-498.62	499.48	-215.29	86.95	12.92
Free Cash Flow	541.8	-70.84	796.05	-170.76	-21.81	-72.89
Free Cash Flow Margin	7.80%	-1.23%	10.79%	-4.44%	-2.61%	-14.02%
Free Cash Flow Per Share	4.58	-0.60	6.73	-1.44	-2.14	-
Cash Interest Paid	-	-	-	-	1.06	8.62
Cash Income Tax Paid	-	23.89	-25.44	-20.58	-	0
Levered Free Cash Flow	297.54	-333.49	574.55	102.73	29.85	-
Unlevered Free Cash Flow	301.11	-327.34	592.91	127.59	34.38	-
Change in Working Capital	108.75	-472.93	334.76	-222.64	-51.47	-98.43

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