IST:SANEL Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	-3.12	-22.77	-16.41	-3.9	-8.41	2.71
Depreciation & Amortization	3.08	2.44	2.64	0.74	0.88	0.06
Loss (Gain) From Sale of Assets	2.08	-	-0.56	-	-	-0.02
Asset Writedown & Restructuring Costs	-	-	21.56	-	-	-
Provision & Write-off of Bad Debts	9.91	9.91	7.21	2.68	2.35	1.43
Other Operating Activities	14.19	-4.62	-15.06	1.31	-0.75	1.94
Change in Accounts Receivable	-18.72	-12.44	4.8	-2.11	-3.79	-5.66
Change in Inventory	2.1	1.05	8.54	-0.22	3.95	0.43
Change in Accounts Payable	-3.55	2.81	-12.53	1.46	-3.25	-4.32
Change in Unearned Revenue	-8.04	-0.18	-0.79	-2.89	2.16	-0.01
Change in Other Net Operating Assets	7.9	27.77	3.04	3.77	6.68	4.65
Operating Cash Flow	5.84	3.98	2.43	0.84	-0.19	1.22
Operating Cash Flow Growth	238.70%	63.45%	189.62%	-	-	-75.77%
Capital Expenditures	-1.97	-2.73	-2.28	-0.45	-0.01	-
Sale of Property, Plant & Equipment	-1.62	1.23	0.64	-	-	0.02
Sale (Purchase) of Intangibles	-	-	-	-	-	-0.07
Sale (Purchase) of Real Estate	-	-	-	-	-0.5	-0.63
Investing Cash Flow	-3.59	-1.5	-1.64	-0.45	-0.51	-0.68
Short-Term Debt Repaid	-	-	-	-0.4	-0.13	-
Long-Term Debt Repaid	-	-2.33	-0.4	-0.42	-0.38	-2.27
Total Debt Repaid	-2.18	-2.33	-0.4	-0.82	-0.52	-2.27
Net Debt Issued (Repaid)	-2.18	-2.33	-0.4	-0.82	-0.52	-2.27
Other Financing Activities	0.58	-	-	-	-	-
Financing Cash Flow	-1.6	-2.33	-0.4	-0.82	-0.52	-2.27
Net Cash Flow	0.89	0.14	0.4	-0.43	-1.21	-1.73
Free Cash Flow	3.87	1.25	0.16	0.39	-0.2	1.22
Free Cash Flow Growth	-	688.88%	-58.95%	-	-	-73.52%
Free Cash Flow Margin	2.39%	1.29%	0.25%	1.67%	-0.77%	5.62%
Free Cash Flow Per Share	0.17	0.07	0.01	0.02	-0.01	0.07
Cash Income Tax Paid	0.93	-0.39	-0.95	-	0.3	-1.72
Levered Free Cash Flow	29.4	24.79	3.89	1.22	3.45	1.53
Unlevered Free Cash Flow	35.84	24.79	4.84	1.82	4.57	2.45
Change in Working Capital	-20.3	19.02	3.06	0.02	5.75	-4.9

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