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	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-246.2	-421.31	-126.42	86.41	27.48
Depreciation & Amortization	114.02	73.52	48.1	28.42	6.09
Asset Writedown & Restructuring Costs	-	212.33	15.79	-16.71	-21.29
Other Operating Activities	43.54	15.5	207.24	9.31	12.11
Change in Accounts Receivable	-37.01	108.24	-90.33	-75.77	-28.22
Change in Inventory	259.99	761.43	-380.97	-101.44	-74.65
Change in Accounts Payable	47.99	-23.15	187.48	36.24	38.19
Change in Other Net Operating Assets	23.94	68	-102.01	57.42	-20.31
Operating Cash Flow	206.26	794.57	-241.12	23.88	-60.58
Operating Cash Flow Growth	-74.04%	-	-	-	-
Capital Expenditures	-138.99	-503.81	-75.45	-83.06	-14.83
Sale of Property, Plant & Equipment	8.46	0.75	-	-	-
Investing Cash Flow	-130.52	-503.06	-75.45	-83.06	-14.83
Long-Term Debt Issued	47.14	-	492.85	801.96	146.89
Long-Term Debt Repaid	-	-38.69	-	-469.06	-62.99
Net Debt Issued (Repaid)	47.14	-38.69	492.85	332.91	83.89
Other Financing Activities	-172.4	-194.4	-188.77	-267.3	-10.51
Financing Cash Flow	-125.26	-233.09	304.08	65.6	73.38
Miscellaneous Cash Flow Adjustments	15.66	3.73	-	-	-
Net Cash Flow	-33.87	62.14	-12.49	6.43	-2.03
Free Cash Flow	67.28	290.76	-316.57	-59.18	-75.41
Free Cash Flow Growth	-76.86%	-	-	-	-
Free Cash Flow Margin	2.13%	9.28%	-15.39%	-3.59%	-18.35%
Free Cash Flow Per Share	0.38	1.66	-1.81	-0.34	-0.43
Cash Interest Paid	172.4	194.4	188.77	90.8	10.51
Cash Income Tax Paid	0.13	0.2	-3.63	2.39	-
Levered Free Cash Flow	97.76	-220.48	-817.51	-661.76	-38.04
Unlevered Free Cash Flow	205.51	-98.97	-709.42	-606.34	-31.88
Change in Working Capital	294.91	914.52	-385.82	-83.54	-84.98

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.