IST:PSGYO 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
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
Net Income	1,187	2,367	1,457	6,127	29.09	-2.4
Depreciation & Amortization	26.88	24.75	22.28	17.91	2.12	0.89
Asset Writedown	-7.69	-17.13	-89.53	-4,601	-2.44	-
Change in Accounts Receivable	903.61	1,517	-3,659	-997.1	40.31	87.57
Change in Accounts Payable	-558.28	-1,416	2,145	2,126	82.3	-8.71
Change in Other Net Operating Assets	3,418	-635.35	-10,447	896.86	-603.71	157.9
Other Operating Activities	2,565	2,288	-1.19	-26.6	8.11	7.54
Operating Cash Flow	-2,853	-1,626	-6,564	2,375	-1,087	-11.45
Acquisition of Real Estate Assets	-1.48	-8.88	-116.54	-3,572	-0.83	-0.3
Sale of Real Estate Assets	-4.47	18.96	-	-	0.29	-
Net Sale / Acq. of Real Estate Assets	-5.95	10.08	-116.54	-3,572	-0.54	-0.3
Cash Acquisition	-	-	-	-	-0.01	-0
Investment in Marketable & Equity Securities	11.11	14.65	1,041	604.52	-465	-
Other Investing Activities	1,850	387.36	362.29	78.52	6.21	4.55
Investing Cash Flow	1,855	412.03	1,285	-2,889	-459.34	4.25
Long-Term Debt Issued	-	3,253	4,310	187.58	441.55	-
Net Debt Issued (Repaid)	3,235	3,253	4,310	187.58	441.55	-
Issuance of Common Stock	45.85	-	1,142	-	1,281	0.01
Repurchase of Common Stock	-	-25.8	-	-	-	-
Common Dividends Paid	-	-	-72.19	-	-	-
Other Financing Activities	-2,236	-1,995	-367.14	-42.6	66.04	7.7
Net Cash Flow	47.47	18.3	-265.95	-369.14	242.97	0.5
Cash Interest Paid	2,236	1,995	368.48	42.6	0.17	12.93
Cash Income Tax Paid	3,289	3,289	-	-	0.95	0.42
Levered Free Cash Flow	-4,389	-4,611	-7,014	-3,037	-1,186	-
Unlevered Free Cash Flow	-3,023	-3,334	-6,783	-3,010	-1,186	-
Change in Working Capital	-5,769	-6,289	-7,953	857.74	-1,123	-17.48

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