IST:PEHOL 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	2015 - 2019
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	2015 - 2019
Net Income	706.28	660.36	423.87	15.15	-7.51	Upgrade
Depreciation & Amortization	1.12	1.37	0.01	-	0.01	Upgrade
Gain (Loss) on Sale of Assets	-76.44	-	-	-	-	Upgrade
Asset Writedown	-737.75	-672.96	-427.56	-20.97	-1.37	Upgrade
Income (Loss) on Equity Investments	-	-	-0.17	-0.26	0.01	Upgrade
Change in Accounts Receivable	-24.21	2.79	-2.45	-0.26	-0.04	Upgrade
Change in Accounts Payable	169.5	0.57	1.36	-0.23	0.39	Upgrade
Change in Other Net Operating Assets	-87.22	-27.56	-0.42	-0.12	-0.49	Upgrade
Other Operating Activities	293.87	-53.84	0.37	0.51	7.85	Upgrade
Operating Cash Flow	245.43	-61.84	-3.23	-4.97	2.86	Upgrade
Operating Cash Flow Growth	-	-	-	-	-30.51%	Upgrade
Acquisition of Real Estate Assets	-253.46	-156.67	-0.05	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-253.46	-156.67	-0.05	-	-	Upgrade
Investing Cash Flow	-253.47	-156.67	-0.05	-	-	Upgrade
Long-Term Debt Issued	180.59	382.82	10.83	-	1	Upgrade
Long-Term Debt Repaid	-84.59	-165.96	-4.23	-48.11	-4.36	Upgrade
Net Debt Issued (Repaid)	96	216.86	6.6	-48.11	-3.36	Upgrade
Issuance of Common Stock	-	-	-	53.86	-	Upgrade
Repurchase of Common Stock	-85.51	-	-	-	-	Upgrade
Other Financing Activities	-	-	-1.02	-1.5	1.05	Upgrade
Miscellaneous Cash Flow Adjustments	-0.44	-1.5	1.08	0.14	-	Upgrade
Net Cash Flow	2	-3.15	3.38	-0.58	0.55	Upgrade
Cash Interest Paid	-	-	-	1.25	7.85	Upgrade
Levered Free Cash Flow	-192.28	-155.61	-50.96	-3.38	-1.41	Upgrade
Unlevered Free Cash Flow	-130.61	-143.6	-50.8	-2.64	3.54	Upgrade
Change in Net Working Capital	-74.32	-18.89	48.46	-0.38	-4.09	Upgrade

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.