IST:REEDR 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	-865.63	-976.18	1,255	412.28	103.81	33.86
Depreciation & Amortization	450.7	305.41	181.52	44.4	3.77	1.05
Asset Writedown & Restructuring Costs	211.33	-24.86	-16.79	-17.24	1.96	-0.17
Loss (Gain) From Sale of Investments	76.3	76.3	8.53	-4.48	-	-
Loss (Gain) on Equity Investments	0.89	46.41	32.66	-0.05	-	-
Other Operating Activities	-131.87	-55.91	-553.03	-146.59	-72.31	-32.28
Change in Accounts Receivable	1,196	1,399	-1,311	-85.79	-187.47	-6.53
Change in Inventory	-141.65	-1,311	-254.63	-3.84	-13.26	2.97
Change in Accounts Payable	-1,050	279.5	-250.35	311.77	24.56	10.47
Change in Unearned Revenue	121.21	30.97	-83.55	-211.54	69.75	26.56
Change in Other Net Operating Assets	181.39	-485.67	602.44	-963.01	10.47	17.65
Operating Cash Flow	52.75	-715.55	-389.46	-664.1	-58.71	53.62
Capital Expenditures	-25.1	-554.7	-686.07	-292.52	-87.8	-44.73
Sale of Property, Plant & Equipment	4.9	24.86	25.28	39.97	1.95	-
Divestitures	36.31	36.31	-	-	-	-
Sale (Purchase) of Intangibles	-58.6	-78.79	-546.33	-3.16	-0.36	-0.17
Sale (Purchase) of Real Estate	-	-	-	53.18	-	-
Investment in Securities	-9.68	-9.68	-0.98	-834.28	-	-
Investing Cash Flow	-52.17	-582	-1,208	-1,037	-86.2	-44.91
Long-Term Debt Issued	-	1,651	1,921	2,067	425.71	90.21
Long-Term Debt Repaid	-	-2,158	-1,413	-1,568	-249.8	-82.52
Net Debt Issued (Repaid)	-2,000	-507.31	508.05	498.54	175.91	7.69
Issuance of Common Stock	-	-	245.44	1,275	-	-
Other Financing Activities	903.32	725.38	2,291	-116.31	-19.41	-3.4
Financing Cash Flow	-1,097	218.07	3,045	1,657	156.5	4.28
Miscellaneous Cash Flow Adjustments	-	-	-	-	-0	-
Net Cash Flow	-1,096	-1,079	1,447	-43.53	11.59	13
Free Cash Flow	27.66	-1,270	-1,076	-956.62	-146.51	8.89
Free Cash Flow Margin	1.88%	-48.13%	-28.14%	-52.53%	-32.46%	3.72%
Free Cash Flow Per Share	0.03	-1.34	-1.28	-1.98	-1831.31	111.09
Cash Interest Paid	234.67	841.85	353.81	183.4	21.6	4.27
Cash Income Tax Paid	-	0.65	-0.32	-14.57	91.8	38.27
Levered Free Cash Flow	-642.15	-486.2	-1,820	-952.83	-222.18	-
Unlevered Free Cash Flow	-520.36	61.27	-1,540	-814.32	-218.14	-
Change in Working Capital	306.75	-86.72	-1,298	-952.41	-95.95	51.13

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.