IST:QNBFK 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	1,829	1,205	824.38	401.55	201.54
Depreciation & Amortization	34.45	25.97	15.13	10.32	7.32
Change in Other Net Operating Assets	-12,792	-4,694	-1,698	-1,692	-538.2
Other Operating Activities	-117.82	770.23	90.94	-708.86	-117.22
Operating Cash Flow	-11,047	-2,693	-767.75	-1,989	-446.56
Capital Expenditures	-2.34	-18.23	-19.75	-17.8	-8.64
Sale of Property, Plant & Equipment	7.51	3.01	5.45	-	-
Sale (Purchase) of Intangibles	-	-	-	-3.23	-2.95
Investment in Securities	-	-	-872.89	-	-
Other Investing Activities	-	872.89	-	-	-
Investing Cash Flow	5.18	857.67	-887.2	-22.48	-11.58
Long-Term Debt Issued	70,622	176,566	367,159	123,313	12,107
Long-Term Debt Repaid	-56,658	-175,539	-366,116	-121,541	-11,055
Net Debt Issued (Repaid)	13,964	1,027	1,042	1,773	1,052
Issuance of Common Stock	-	3.12	-	-	-
Other Financing Activities	0	1,000	-	-	-
Financing Cash Flow	13,964	2,030	1,042	1,773	1,052
Foreign Exchange Rate Adjustments	467.94	116.72	173.95	112.8	405.75
Net Cash Flow	3,391	311.7	-438.52	-126.11	999.95
Free Cash Flow	-11,049	-2,711	-787.5	-2,007	-455.19
Free Cash Flow Margin	-394.90%	-144.75%	-100.75%	-1174.78%	-
Free Cash Flow Per Share	-5.52	-2.53	-0.79	-2.01	-0.46
Cash Interest Paid	3,199	2,909	1,938	994.97	523.56
Cash Income Tax Paid	681.41	306.9	208.23	287.89	31.13

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