IST:PCILT 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	FY 2020
Period Ending	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	247.61	447.41	74.79	31.56	21.17
Depreciation & Amortization	28.26	34.35	22.68	2.07	1.68
Loss (Gain) From Sale of Assets	-2.81	-	-	-	-0.09
Asset Writedown & Restructuring Costs	-12.64	-168.17	-28.19	-19.14	-
Loss (Gain) From Sale of Investments	-	-	-	4.46	-3.36
Provision & Write-off of Bad Debts	-2.67	-9.19	-15.76	9.79	-
Other Operating Activities	172.95	188.56	20.52	1.67	8.34
Change in Accounts Receivable	-485.13	-941.94	-411.67	-165.82	85.93
Change in Accounts Payable	-34.32	1,155	-225.04	85.82	-75.05
Change in Unearned Revenue	29.13	181.63	68.42	10.81	1.41
Change in Other Net Operating Assets	17.39	-59.8	345.64	17.73	-110.72
Operating Cash Flow	-42.23	827.71	-148.6	-21.07	-70.68
Capital Expenditures	-28.61	-31.65	-22.16	-0.75	-2.21
Sale of Property, Plant & Equipment	6.36	-	0.03	-	0.15
Cash Acquisitions	-52.79	-	-	-	-
Investing Cash Flow	-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	-	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	-23.1	-37.1	-5.38	-107.86	-183.04
Net Debt Issued (Repaid)	-23.1	25.47	18.75	-54.93	59.27
Issuance of Common Stock	-	-	-	94.53	35
Repurchase of Common Stock	-42.47	-	-	-	-
Common Dividends Paid	-101.03	-72.55	-3.55	-15.6	-
Other Financing Activities	-9.72	15.24	-59.76	84.77	-8.61
Financing Cash Flow	-176.31	-31.84	-44.56	108.76	85.66
Foreign Exchange Rate Adjustments	-197.35	-252.43	-	-	-
Net Cash Flow	-498.62	499.48	-215.29	86.95	12.92
Free Cash Flow	-70.84	796.05	-170.76	-21.81	-72.89
Free Cash Flow Margin	-1.23%	10.79%	-4.44%	-2.61%	-14.02%
Free Cash Flow Per Share	-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	-333.49	574.55	102.73	29.85	-
Unlevered Free Cash Flow	-327.34	592.91	127.59	34.38	-
Change in Net Working Capital	552.9	-384.35	-22.32	-12.08	-

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.