Selva Gida Sanayi A.S. 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	100.92	34.45	250.8	-77.67	-10.85
Depreciation & Amortization	64.8	60.61	45.78	13.71	3.37
Loss (Gain) From Sale of Assets	-55.84	-55.84	-417.9	312.16	-13.06
Loss (Gain) From Sale of Investments	-9	1.36	-1.33	-0.07	-0.02
Provision & Write-off of Bad Debts	-0.21	0.62	-0.18	5.31	-0.24
Other Operating Activities	224.58	95.16	146.23	-326.28	23.98
Change in Accounts Receivable	-105.48	-24.28	-22.03	37.56	-4.06
Change in Inventory	1.37	40.66	177.69	-16.3	-30.39
Change in Accounts Payable	351.62	191.51	155.15	51.59	0.09
Change in Unearned Revenue	32.57	6.37	34.9	14.23	9.37
Change in Other Net Operating Assets	124.9	23.51	-226.7	39.48	37.24
Operating Cash Flow	730.23	374.12	142.41	53.72	15.44
Operating Cash Flow Growth	1910.55%	162.71%	165.09%	247.91%	-
Capital Expenditures	-639.13	-253.01	-240.03	-45.76	-2.86
Sale of Property, Plant & Equipment	-2.59	15.55	86.2	-	0.73
Sale (Purchase) of Intangibles	-	-	-	-0.01	-0.11
Sale (Purchase) of Real Estate	-120.71	-120.71	-	-	11.02
Investing Cash Flow	-751.99	-358.17	-153.84	-45.77	8.77
Short-Term Debt Issued	-	25.48	-	-	-
Long-Term Debt Issued	-	764.8	280.33	324.95	148.44
Total Debt Issued	707.47	790.28	280.33	324.95	148.44
Long-Term Debt Repaid	-	-701.04	-357.83	-339.86	-141.59
Net Debt Issued (Repaid)	125.73	89.24	-77.5	-14.91	6.85
Issuance of Common Stock	-	-	-	-	39.78
Other Financing Activities	-115.18	-115.18	1.27	-145.45	-25.46
Financing Cash Flow	10.55	-25.94	-76.23	-160.35	21.17
Net Cash Flow	-16.33	-9.99	-87.65	-152.4	45.38
Free Cash Flow	91.1	121.12	-97.62	7.96	12.58
Free Cash Flow Growth	-	-	-	-36.70%	-
Free Cash Flow Margin	6.37%	8.71%	-4.90%	0.66%	4.38%
Free Cash Flow Per Share	0.14	0.26	-0.21	0.02	0.03
Cash Interest Paid	-	-	-	145.6	86.15
Cash Income Tax Paid	-	-	-	0.79	0.75
Levered Free Cash Flow	-327.98	-33.69	-139.33	-27.59	-
Unlevered Free Cash Flow	-180.13	51.95	-122.21	-12.86	-
Change in Working Capital	404.98	237.78	119	126.56	12.26

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