IST:RNPOL Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	45.02	-32.16	33.6	14.28
Depreciation & Amortization	28.12	5.78	4.42	1.42
Other Operating Activities	-27.16	-96.88	37.64	11.11
Change in Accounts Receivable	-78.92	40.25	92.16	-25.85
Change in Inventory	-26.38	103.38	-106.25	-55.13
Change in Accounts Payable	118.76	33.37	-1.15	6.21
Change in Unearned Revenue	7.35	-2.39	-20.9	5.53
Change in Other Net Operating Assets	-26.19	15.29	25.2	-0.4
Operating Cash Flow	40.61	66.65	64.72	-42.83
Operating Cash Flow Growth	-39.07%	2.97%	-	-
Capital Expenditures	-44.49	-99.13	-88.71	-24.87
Sale (Purchase) of Intangibles	-0.13	-0.14	-0.93	-
Other Investing Activities	127.76	-26.77	-82.24	0.06
Investing Cash Flow	83.14	-126.05	-199.66	-24.81
Short-Term Debt Issued	0.03	0.36	-	-
Long-Term Debt Issued	-	33.1	119.77	9.81
Total Debt Issued	0.03	33.46	119.77	9.81
Short-Term Debt Repaid	-	-	-0.22	-
Long-Term Debt Repaid	-79.05	-	-	-
Total Debt Repaid	-79.05	-	-0.22	-
Net Debt Issued (Repaid)	-79.02	33.46	119.55	9.81
Issuance of Common Stock	-	-	-	99
Financing Cash Flow	-79.02	33.46	119.55	108.81
Miscellaneous Cash Flow Adjustments	-	-	-0	-
Net Cash Flow	44.73	-25.94	-15.39	41.17
Free Cash Flow	-3.88	-32.48	-23.98	-67.7
Free Cash Flow Margin	-0.43%	-3.30%	-3.33%	-33.28%
Free Cash Flow Per Share	-0.13	-1.08	-0.80	-2.26
Cash Income Tax Paid	-	-	-	1.42
Levered Free Cash Flow	83.16	-74.84	-419.76	-
Unlevered Free Cash Flow	98.53	-66.56	-416.84	-
Change in Net Working Capital	-0.23	40.28	360.96	-

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