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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-147.54	-246.2	-421.31	-126.42	86.41	27.48
Depreciation & Amortization	114.35	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	30.19	43.54	15.5	207.24	9.31	12.11
Change in Accounts Receivable	87.55	-37.01	108.24	-90.33	-75.77	-28.22
Change in Inventory	198.81	259.99	761.43	-380.97	-101.44	-74.65
Change in Accounts Payable	-87.44	47.99	-23.15	187.48	36.24	38.19
Change in Other Net Operating Assets	162.39	23.94	68	-102.01	57.42	-20.31
Operating Cash Flow	358.3	206.26	794.57	-241.12	23.88	-60.58
Operating Cash Flow Growth	-24.09%	-74.04%	-	-	-	-
Capital Expenditures	-90.85	-138.99	-503.81	-75.45	-83.06	-14.83
Sale of Property, Plant & Equipment	8.63	8.46	0.75	-	-	-
Investing Cash Flow	-82.22	-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)	-39.16	47.14	-38.69	492.85	332.91	83.89
Other Financing Activities	-198.4	-172.4	-194.4	-188.77	-267.3	-10.51
Financing Cash Flow	-237.56	-125.26	-233.09	304.08	65.6	73.38
Miscellaneous Cash Flow Adjustments	10.68	15.66	3.73	-	-	-
Net Cash Flow	49.2	-33.87	62.14	-12.49	6.43	-2.03
Free Cash Flow	267.44	67.28	290.76	-316.57	-59.18	-75.41
Free Cash Flow Growth	258.19%	-76.86%	-	-	-	-
Free Cash Flow Margin	8.67%	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	172.4	194.4	188.77	90.8	10.51
Cash Income Tax Paid	0.13	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	361.31	294.91	914.52	-385.82	-83.54	-84.98

Source: S&P Global Market Intelligence. Standard template. Financial Sources.