IST:SEGMN 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
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
Net Income	215.15	174.22	19.47	5.79	16.58
Depreciation & Amortization	66.79	36.42	28.35	25.91	28.22
Loss (Gain) From Sale of Assets	-21.12	-20.3	-3.11	-1.33	-8.06
Asset Writedown & Restructuring Costs	-32.76	-32.76	-	-	-
Loss (Gain) From Sale of Investments	-218.27	-169.96	-	-	-
Provision & Write-off of Bad Debts	-0.93	-0.63	-0.22	0.7	0.79
Other Operating Activities	30.21	-21.07	-31.99	-12.53	2.33
Change in Accounts Receivable	-134.86	46.65	19.91	-87.28	21.97
Change in Inventory	-244.95	-96.45	79.02	38.49	-7.51
Change in Accounts Payable	-9.23	14.07	42.42	-9.49	-37.41
Change in Unearned Revenue	3.52	1.36	2.27	-0.47	-0.04
Change in Other Net Operating Assets	-17.9	-23.14	-81	13.73	10.02
Operating Cash Flow	-364.37	-91.6	75.09	-26.49	26.89
Capital Expenditures	-253.96	-293.59	-81.28	-8.95	-39.99
Sale of Property, Plant & Equipment	26.13	24.84	3.54	4.7	20.79
Cash Acquisitions	-	-	52	3.14	19.24
Other Investing Activities	349.07	-489.27	-	-	-
Investing Cash Flow	874.83	-758.02	-25.74	-1.1	0.03
Long-Term Debt Issued	-	-	136.98	14.24	-
Long-Term Debt Repaid	-	-8.06	-	-	-
Net Debt Issued (Repaid)	-26.47	-8.06	136.98	14.24	-
Issuance of Common Stock	-	992.76	-	-	-
Common Dividends Paid	-90.12	-54.46	-42.56	-49.83	-88.14
Other Financing Activities	-103.52	-61.67	-10.07	1.52	0.9
Financing Cash Flow	-472.56	868.58	84.35	-34.07	-87.24
Miscellaneous Cash Flow Adjustments	-32.52	-47.68	-29.52	-	-1.86
Net Cash Flow	5.39	-28.72	104.18	-61.66	-62.18
Free Cash Flow	-618.32	-385.19	-6.18	-35.44	-13.11
Free Cash Flow Margin	-28.58%	-20.82%	-0.30%	-2.39%	-1.11%
Free Cash Flow Per Share	-3.45	-2.15	-0.04	-	-
Cash Interest Paid	30.37	61.67	7.16	0.99	0
Levered Free Cash Flow	-685.92	-169.11	259.9	204.29	-
Unlevered Free Cash Flow	-666.9	-130.52	264.45	205.22	-
Change in Working Capital	-403.43	-57.51	62.61	-45.02	-12.97

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