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Panelsan Cati Cephe Sistemleri Sanayi Ve Ticaret A.S. (IST:PNLSN)
Turkey flag Turkey · Delayed Price · Currency is TRY
40.52
-0.26 (-0.64%)
At close: Sep 2, 2026

IST:PNLSN Cash Flow Statement

Millions TRY. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
281.34257.8384.02335.5280.8565.63
Depreciation & Amortization
85.2676.2167.2537.2423.013.81
Other Amortization
1.011.011.041.030.550.1
Loss (Gain) From Sale of Assets
-19.8-17.15-3.538.48-2.02-
Asset Writedown & Restructuring Costs
-263.43-273.361.925.92-4.55-
Loss (Gain) on Equity Investments
7.573.83----
Provision & Write-off of Bad Debts
0.50.51-1.78--2.881.56
Other Operating Activities
39.0578.53306.84301.19188.734.11
Change in Accounts Receivable
-317.3-161.25210.25-183.7630.95-78.3
Change in Inventory
-264.77-78.13379.07-144.066.66-55.94
Change in Accounts Payable
181.4682.1-128.99-32.52-88.48135.04
Change in Unearned Revenue
266.69103.68-624.64370.99--
Change in Income Taxes
-----45.5-0.02
Change in Other Net Operating Assets
-59.2236.96161.89-204.69-27.4818.87
Operating Cash Flow
-61.64110.77453.33495.35159.8494.85
Operating Cash Flow Growth
--75.57%-8.48%209.90%68.52%476.21%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-72.78-187.56-389.84-118.14-29.18-1.89
Sale of Property, Plant & Equipment
28.619.744.23---
Sale (Purchase) of Intangibles
-2.2-2.2-0.76-0.51-1.16-0.25
Sale (Purchase) of Real Estate
-7.16-7.16---1.82
Investment in Securities
148.64270.1727.05-257.96-96.24-3.75
Other Investing Activities
-0.04--0.31-0.57--
Investing Cash Flow
95.0592.98-359.65-377.18-126.58-4.07

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-22.26-104.64--
Total Debt Issued
283.4322.26-104.64--
Short-Term Debt Repaid
------15.73
Long-Term Debt Repaid
---179.05--59.6-1.03
Total Debt Repaid
---179.05--59.6-16.77
Net Debt Issued (Repaid)
283.4322.26-179.05104.64-59.6-16.77
Issuance of Common Stock
----393.214.5
Repurchase of Common Stock
-17.37-39.22----
Common Dividends Paid
-13.74-13.74-85.18-69.45--
Other Financing Activities
-213.11-130.34-18.19-16.25-36.67-7.18
Financing Cash Flow
39.21-161.04-282.4218.93296.95-19.44

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Miscellaneous Cash Flow Adjustments
-118.69-52.04-181.62655.2-156.7-
Net Cash Flow
-46.06-9.34-370.36792.3173.5271.34

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
-134.42-76.863.48377.21130.6692.97
Free Cash Flow Growth
---83.17%188.69%40.55%-
Free Cash Flow Margin
-3.99%-2.64%1.77%9.85%5.85%15.35%
Free Cash Flow Per Share
--1.020.855.181.792.25
Levered Free Cash Flow
67.3452.98-236.78420.42-119.9377.87
Unlevered Free Cash Flow
109.5756.99-225.76430.41-115.182.56

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
-6.4217.6315.997.737.36
Cash Income Tax Paid
-111.17-0.843.22-0.17
Change in Working Capital
-193.14-16.64-2.42-194.03-123.8419.65