IST:SEKUR Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-13.21	-16.6	-22.05	15.73	-7.35
Depreciation & Amortization	57.54	48.17	30.09	21.71	11.29
Loss (Gain) From Sale of Assets	-	-1.04	-5.22	36.8	-
Provision & Write-off of Bad Debts	-6.2	1.56	-0.39	-0.21	0.02
Other Operating Activities	-40.98	-19.35	-40.76	-4.89	5.44
Change in Accounts Receivable	-116.83	-122.21	62.31	15.14	-9.1
Change in Inventory	-64.09	-20.71	74.08	-22.16	-39.39
Change in Accounts Payable	59.06	-10.02	4.58	-19.4	65.61
Change in Unearned Revenue	-	-	-	-9.97	-
Change in Other Net Operating Assets	-19.52	-76.99	-21.46	-5.76	4.95
Operating Cash Flow	-144.24	-217.18	81.19	26.99	31.48
Operating Cash Flow Growth	-	-	200.86%	-14.27%	14.18%
Capital Expenditures	-19.37	-28.15	-5.92	-26.01	-40.29
Sale of Property, Plant & Equipment	-	10.55	0.13	1.54	-
Investing Cash Flow	-19.37	-17.61	-5.79	-24.47	-40.29
Long-Term Debt Issued	149.71	103.85	-	13.42	28.56
Long-Term Debt Repaid	-	-	-100.79	-	-
Net Debt Issued (Repaid)	149.71	103.85	-100.79	13.42	28.56
Issuance of Common Stock	53.61	112.64	-	-	-
Financing Cash Flow	203.32	216.49	-100.79	13.42	28.56
Foreign Exchange Rate Adjustments	3.07	10.02	3.5	19.27	-20.42
Net Cash Flow	42.78	-8.28	-21.88	35.21	-0.68
Free Cash Flow	-163.61	-245.33	75.27	0.97	-8.82
Free Cash Flow Growth	-	-	7628.76%	-	-
Free Cash Flow Margin	-10.11%	-21.11%	11.44%	0.17%	-2.92%
Free Cash Flow Per Share	-	-2.40	2.17	0.03	-0.25
Cash Interest Paid	-	120.83	54.35	52.02	27.25
Levered Free Cash Flow	-204.99	-175.47	67.06	-75.16	-43.4
Unlevered Free Cash Flow	-70.48	-81.72	109.47	-41.96	-26.2
Change in Working Capital	-141.37	-229.93	119.51	-42.15	22.07

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.