IST:POLTK 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	-35.25	-29.77	-40.29	28.42	30.66
Depreciation & Amortization	36.5	41.99	33.19	17.77	3.56
Loss (Gain) From Sale of Assets	-	-	-0.95	-	-
Provision & Write-off of Bad Debts	8.5	0.45	0.54	0.97	0.01
Other Operating Activities	11.95	1.11	13.51	2.88	-2.98
Change in Accounts Receivable	-21.72	59.59	36.85	22.45	-23.25
Change in Inventory	-3.26	26.39	-6.7	9.32	-15.78
Change in Accounts Payable	19.09	-7.81	-4.75	-32.48	13.52
Change in Unearned Revenue	-3.54	-1.6	5.68	-0.55	0.33
Change in Other Net Operating Assets	13.69	-7.07	-1.06	3.48	0.53
Operating Cash Flow	25.98	83.29	36.01	52.23	9.4
Operating Cash Flow Growth	-68.81%	131.28%	-31.06%	455.71%	-37.28%
Capital Expenditures	-42.39	-7.84	-6.49	-3.29	-3.97
Sale of Property, Plant & Equipment	-	0.06	2.17	0.05	0.03
Sale (Purchase) of Intangibles	-0.61	-	-1.55	-0.07	-0.15
Other Investing Activities	-	-	14.08	2.96	0.73
Investing Cash Flow	-43	-7.78	8.2	-0.35	-3.36
Short-Term Debt Issued	-	-	-	-	0
Long-Term Debt Issued	10.16	0.9	0.21	-	-
Total Debt Issued	10.16	0.9	0.21	-	0
Short-Term Debt Repaid	-	-	-	-0.09	-2.06
Long-Term Debt Repaid	-35.18	-46.25	-20.16	-10.63	-
Total Debt Repaid	-35.18	-46.25	-20.16	-10.73	-2.06
Net Debt Issued (Repaid)	-25.01	-45.35	-19.95	-10.73	-2.06
Common Dividends Paid	-	-	-4.99	-7.48	-7.54
Other Financing Activities	16.11	21.05	-	-	-
Financing Cash Flow	-8.91	-24.3	-24.94	-18.21	-9.59
Foreign Exchange Rate Adjustments	-	-	2.65	1.19	3.34
Miscellaneous Cash Flow Adjustments	-26.5	-27.11	-29.44	-10.93	-
Net Cash Flow	-52.43	24.1	-7.53	23.94	-0.21
Free Cash Flow	-16.41	75.45	29.52	48.94	5.43
Free Cash Flow Growth	-	155.61%	-39.69%	802.18%	-51.67%
Free Cash Flow Margin	-1.88%	9.46%	4.32%	7.94%	3.66%
Free Cash Flow Per Share	-4.38	20.12	7.87	13.05	1.45
Cash Interest Paid	7.71	6.7	-	-	-
Cash Income Tax Paid	-	12.21	36.68	36.77	6.29
Levered Free Cash Flow	24.25	70.31	43.22	-18.91	-
Unlevered Free Cash Flow	29.07	74.5	46.01	-17.66	-
Change in Working Capital	4.28	69.51	30.02	2.2	-24.65

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