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	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	-453.97	42.63	250.8	-77.67	-10.85
Depreciation & Amortization	74.37	81.79	45.78	13.71	3.37
Loss (Gain) From Sale of Assets	-66.35	-73.09	-417.9	312.16	-13.06
Loss (Gain) From Sale of Investments	243.52	3.91	-1.33	-0.07	-0.02
Provision & Write-off of Bad Debts	-0.35	0.81	-0.18	5.31	-0.24
Other Operating Activities	331.26	146.69	146.23	-326.28	23.98
Change in Accounts Receivable	15.22	-40.75	-22.03	37.56	-4.06
Change in Inventory	-39.94	53.22	177.69	-16.3	-30.39
Change in Accounts Payable	-157.52	294.26	155.15	51.59	0.09
Change in Unearned Revenue	-102.31	8.34	34.9	14.23	9.37
Change in Other Net Operating Assets	-337.23	62	-226.7	39.48	37.24
Operating Cash Flow	-493.3	579.8	142.41	53.72	15.44
Operating Cash Flow Growth	-	307.13%	165.09%	247.91%	-
Capital Expenditures	-318.9	-179.8	-240.03	-45.76	-2.86
Sale of Property, Plant & Equipment	0.14	21.43	86.2	-	0.73
Sale (Purchase) of Intangibles	-	-	-	-0.01	-0.11
Sale (Purchase) of Real Estate	-	-158	-	-	11.02
Investing Cash Flow	-318.76	-316.37	-153.84	-45.77	8.77
Short-Term Debt Issued	251.37	-	-	-	-
Long-Term Debt Issued	792.89	862.15	280.33	324.95	148.44
Total Debt Issued	1,044	862.15	280.33	324.95	148.44
Long-Term Debt Repaid	-464.62	-959.3	-357.83	-339.86	-141.59
Net Debt Issued (Repaid)	579.65	-97.15	-77.5	-14.91	6.85
Issuance of Common Stock	585	-	-	-	39.78
Other Financing Activities	-265.86	-179.36	1.27	-145.45	-25.46
Financing Cash Flow	898.79	-276.51	-76.23	-160.35	21.17
Miscellaneous Cash Flow Adjustments	4.77	7.85	-	-	-
Net Cash Flow	91.5	-5.23	-87.65	-152.4	45.38
Free Cash Flow	-812.2	400.01	-97.62	7.96	12.58
Free Cash Flow Growth	-	-	-	-36.70%	-
Free Cash Flow Margin	-40.43%	21.98%	-4.90%	0.66%	4.38%
Free Cash Flow Per Share	-0.77	0.85	-0.21	0.02	0.03
Cash Interest Paid	265.86	179.36	-	145.6	86.15
Cash Income Tax Paid	-	-	-	0.79	0.75
Levered Free Cash Flow	-531.87	75.1	-139.33	-27.59	-
Unlevered Free Cash Flow	-365.71	187.2	-122.21	-12.86	-
Change in Working Capital	-621.77	377.07	119	126.56	12.26

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