Penguen Gida Sanayi A.S. 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	2015 - 2019
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	2015 - 2019
Net Income	-194.59	-321.88	-126.42	86.41	27.48	0.56	Upgrade
Depreciation & Amortization	56.44	56.17	48.1	28.42	6.09	5.9	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	-	-	-0.07	Upgrade
Asset Writedown & Restructuring Costs	162.22	162.22	15.79	-16.71	-21.29	-	Upgrade
Provision & Write-off of Bad Debts	-	-	-	-	-	0.01	Upgrade
Other Operating Activities	-5.82	11.84	207.24	9.31	12.11	-12.92	Upgrade
Change in Accounts Receivable	-38.11	82.7	-90.33	-75.77	-28.22	-11.66	Upgrade
Change in Inventory	218.53	581.72	-380.97	-101.44	-74.65	-33.64	Upgrade
Change in Accounts Payable	203.55	-17.68	187.48	36.24	38.19	-3.23	Upgrade
Change in Other Net Operating Assets	129	51.95	-102.01	57.42	-20.31	-17.35	Upgrade
Operating Cash Flow	531.23	607.04	-241.12	23.88	-60.58	-72.41	Upgrade
Capital Expenditures	-421.44	-384.33	-75.45	-83.06	-14.83	-3.69	Upgrade
Sale of Property, Plant & Equipment	-	-	-	-	-	0.01	Upgrade
Investing Cash Flow	-421.44	-384.33	-75.45	-83.06	-14.83	-3.68	Upgrade
Long-Term Debt Issued	-	-	492.85	801.96	146.89	-	Upgrade
Long-Term Debt Repaid	-	-29.56	-	-469.06	-62.99	-30.85	Upgrade
Net Debt Issued (Repaid)	-25.46	-29.56	492.85	332.91	83.89	-30.85	Upgrade
Issuance of Common Stock	-	-	-	-	-	119.74	Upgrade
Other Financing Activities	-133.57	-148.52	-188.77	-267.3	-10.51	-11.97	Upgrade
Financing Cash Flow	-159.03	-178.08	304.08	65.6	73.38	76.93	Upgrade
Net Cash Flow	-15.63	44.63	-12.49	6.43	-2.03	0.84	Upgrade
Free Cash Flow	109.78	222.71	-316.57	-59.18	-75.41	-76.09	Upgrade
Free Cash Flow Margin	4.54%	9.30%	-15.39%	-3.59%	-18.35%	-27.58%	Upgrade
Free Cash Flow Per Share	0.63	1.27	-1.81	-0.34	-0.43	-0.43	Upgrade
Cash Interest Paid	133.57	148.52	188.77	90.8	10.51	12.02	Upgrade
Cash Income Tax Paid	0.04	0.16	-3.63	2.39	-	-	Upgrade
Levered Free Cash Flow	-181.55	163.78	-817.51	-661.76	-38.04	-51.58	Upgrade
Unlevered Free Cash Flow	-90.66	256.61	-709.42	-606.34	-31.88	-45.08	Upgrade
Change in Working Capital	512.97	698.68	-385.82	-83.54	-84.98	-65.88	Upgrade

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