IST:SANKO 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	2016 - 2020
Period Ending	Mar '25 Mar 31, 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	2016 - 2020
Net Income	-143.49	-199.49	-91.26	-309.24	128.02	45.32	Upgrade
Depreciation & Amortization	16.99	17.04	16.14	21.03	8.07	3.56	Upgrade
Other Amortization	0.03	0.06	0.06	0.12	0.15	0.1	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	-	-2.87	-0.74	Upgrade
Asset Writedown & Restructuring Costs	160.59	160.59	-115.71	-3.31	-	-	Upgrade
Provision & Write-off of Bad Debts	-	-	-5.41	-2.86	-1.94	-0.38	Upgrade
Other Operating Activities	122.26	62.95	294.66	-171.79	17.31	-7.51	Upgrade
Change in Accounts Receivable	-289.43	-234.02	-216.67	-275.02	-320.3	-52.74	Upgrade
Change in Inventory	12.89	2.8	3.12	-2.68	-4.68	0.31	Upgrade
Change in Accounts Payable	-220.14	268.69	282.44	439.12	256.3	-11.14	Upgrade
Change in Other Net Operating Assets	-75.45	-119.22	6.89	122.83	3.3	4.25	Upgrade
Operating Cash Flow	-415.75	-40.6	174.25	-181.8	83.36	-18.98	Upgrade
Capital Expenditures	-0.32	-2.03	-1.74	-2.18	-0.38	-0.68	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-	-0.15	-0.15	Upgrade
Investing Cash Flow	-0.32	-2.03	-1.74	-2.18	-0.53	-0.83	Upgrade
Common Dividends Paid	-	-	-151.6	-172.48	-15	-9	Upgrade
Other Financing Activities	115.23	104.48	93.35	482.7	-	-	Upgrade
Financing Cash Flow	115.23	104.48	-58.25	310.21	-15	-9	Upgrade
Foreign Exchange Rate Adjustments	-	-	115.82	72.96	17.89	4.09	Upgrade
Miscellaneous Cash Flow Adjustments	-267.7	-178.55	-227.23	-	-	-	Upgrade
Net Cash Flow	-568.55	-116.7	2.85	199.19	85.72	-24.71	Upgrade
Free Cash Flow	-416.07	-42.63	172.51	-183.98	82.98	-19.66	Upgrade
Free Cash Flow Margin	-6.11%	-0.55%	1.88%	-2.66%	4.63%	-2.15%	Upgrade
Free Cash Flow Per Share	-2.77	-0.28	1.15	-1.06	0.55	-0.13	Upgrade
Cash Income Tax Paid	43.95	44.71	72.1	100.63	14.59	16.95	Upgrade
Levered Free Cash Flow	-588.64	-216.39	89.84	223.4	-17.51	-62.8	Upgrade
Unlevered Free Cash Flow	-568.53	-174.89	139.45	244.43	-13.5	-60.6	Upgrade
Change in Net Working Capital	561.02	176.32	-183.58	-191.42	34.06	68.56	Upgrade

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