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	248.24	247.61	447.41	74.79	31.56	21.17
Depreciation & Amortization	33.17	28.26	34.35	22.68	2.07	1.68
Loss (Gain) From Sale of Assets	0.91	-2.81	-	-	-	-0.09
Asset Writedown & Restructuring Costs	3.27	-12.64	-168.17	-28.19	-19.14	-
Loss (Gain) From Sale of Investments	-	-	-	-	4.46	-3.36
Provision & Write-off of Bad Debts	0.58	-2.67	-9.19	-15.76	9.79	-
Other Operating Activities	176.95	172.95	188.56	20.52	1.67	8.34
Change in Accounts Receivable	-324.74	-485.13	-941.94	-411.67	-165.82	85.93
Change in Accounts Payable	583.96	-34.32	1,155	-225.04	85.82	-75.05
Change in Unearned Revenue	-155.27	29.13	181.63	68.42	10.81	1.41
Change in Other Net Operating Assets	-8.23	17.39	-59.8	345.64	17.73	-110.72
Operating Cash Flow	558.84	-42.23	827.71	-148.6	-21.07	-70.68
Capital Expenditures	-23.1	-28.61	-31.65	-22.16	-0.75	-2.21
Sale of Property, Plant & Equipment	-3.55	6.36	-	0.03	-	0.15
Cash Acquisitions	12.87	-52.79	-	-	-	-
Sale (Purchase) of Real Estate	20.39	-7.7	-12.3	-	-	-
Investing Cash Flow	6.61	-82.73	-43.95	-22.12	-0.75	-2.06
Short-Term Debt Issued	-	-	62.57	24.13	-	-
Long-Term Debt Issued	-	-	-	-	52.93	242.31
Total Debt Issued	0	-	62.57	24.13	52.93	242.31
Short-Term Debt Repaid	-	-14.51	-25.23	-	-	-
Long-Term Debt Repaid	-	-8.6	-11.87	-5.38	-107.86	-183.04
Total Debt Repaid	-24.47	-23.1	-37.1	-5.38	-107.86	-183.04
Net Debt Issued (Repaid)	-24.47	-23.1	25.47	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	4.92	-9.72	15.24	-59.76	84.77	-8.61
Financing Cash Flow	-235.98	-176.31	-31.84	-44.56	108.76	85.66
Foreign Exchange Rate Adjustments	-59.46	-197.35	-252.43	-	-	-
Net Cash Flow	270.01	-498.62	499.48	-215.29	86.95	12.92
Free Cash Flow	535.74	-70.84	796.05	-170.76	-21.81	-72.89
Free Cash Flow Margin	7.07%	-1.23%	10.79%	-4.44%	-2.61%	-14.02%
Free Cash Flow Per Share	4.81	-0.60	6.73	-1.44	-2.14	-
Cash Interest Paid	-	-	-	-	1.06	8.62
Cash Income Tax Paid	19.35	23.89	-25.44	-20.58	-	0
Levered Free Cash Flow	314.59	-333.49	574.55	102.73	29.85	-
Unlevered Free Cash Flow	319.68	-327.34	592.91	127.59	34.38	-
Change in Working Capital	95.72	-472.93	334.76	-222.64	-51.47	-98.43

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