Sekerbank T.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	FY 2020
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	Dec '20 Dec 31, 2020
Net Income	2,738	2,898	2,971	1,846	414.72	193.45
Depreciation & Amortization	612.66	448.58	314	189.53	141.46	131.76
Change in Trading Asset Securities	-337.35	-275.08	-45.77	-78.96	-91.72	45.38
Change in Other Net Operating Assets	-43,047	-7,130	5,609	-3,322	-2,188	-2,271
Other Operating Activities	1,722	-8,041	-5,141	119.83	-583.1	-1,990
Operating Cash Flow	-38,312	-12,100	3,707	-1,246	-2,306	-3,890
Capital Expenditures	-212.73	-393.89	-126.22	-143.31	-57.27	-122.27
Sale of Property, Plant and Equipment	569.98	439.67	143.1	687.65	543.3	542.02
Cash Acquisitions	-	-	-1.28	-	-	-
Investment in Securities	-1,791	-990.83	4,763	-2,607	340	130.7
Divestitures	-	-	-	-	-	39.77
Other Investing Activities	-427.03	-215.98	-64.69	-46.23	-63.12	-122.81
Investing Cash Flow	-1,861	-1,161	4,714	-2,109	762.91	467.41
Long-Term Debt Issued	-	93.47	526.73	531.61	939.02	1,816
Long-Term Debt Repaid	-	-1,303	-1,184	-885.99	-1,304	-2,115
Net Debt Issued (Repaid)	-1,475	-1,209	-657.66	-354.39	-364.73	-299.14
Issuance of Common Stock	8,301	651.67	-	-	-	617.67
Common Dividends Paid	-124.62	-134.97	-110.18	-2	-1.5	-
Net Increase (Decrease) in Deposit Accounts	46,105	19,054	-335.9	1,353	241.86	3,160
Other Financing Activities	-7.84	-18.7	-20.77	219.92	-3.15	-
Financing Cash Flow	52,799	18,342	-1,125	1,216	-127.52	3,479
Foreign Exchange Rate Adjustments	582.28	635.3	1,665	1,053	3,294	806.25
Net Cash Flow	13,208	5,717	8,962	-1,086	1,623	862.09
Free Cash Flow	-38,525	-12,493	3,581	-1,390	-2,364	-4,013
Free Cash Flow Margin	-268.19%	-105.19%	38.84%	-21.70%	-103.49%	-246.99%
Free Cash Flow Per Share	-17.11	-6.43	2.07	-0.80	-1.32	-3.05
Cash Interest Paid	24,154	16,316	6,025	3,969	3,046	1,787
Cash Income Tax Paid	-	293	619.95	667.24	18.2	13.13

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