IST:SKYLP 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	-29.66	-20.52	54.71	19.82	3.65
Depreciation & Amortization	12.14	10.95	4.82	1.07	0.53
Loss (Gain) From Sale of Assets	-	-	-	-1.16	-0.31
Loss (Gain) From Sale of Investments	3.45	-14.48	11.12	-5.83	-1.44
Loss (Gain) on Equity Investments	39.38	-13.67	16.08	17	-16.65
Provision & Write-off of Bad Debts	-	-	-	-	-0
Other Operating Activities	43.25	11.7	3.47	17	1.44
Change in Accounts Receivable	1.83	3.33	2.02	-1.52	0.36
Change in Accounts Payable	-2.58	-8.52	-4.72	4.13	0.25
Change in Unearned Revenue	0.17	-2.9	-4.97	-1.72	1.35
Change in Other Net Operating Assets	-72.38	120.5	-32.95	-24.56	11.41
Operating Cash Flow	-4.41	86.39	49.58	-0.74	-0.56
Operating Cash Flow Growth	-	74.26%	-	-	-
Capital Expenditures	-1.38	-1.83	-4.42	-7.59	-
Sale of Property, Plant & Equipment	2.02	0.32	3.45	0.87	0.35
Divestitures	0.72	-	-	-	-
Sale (Purchase) of Intangibles	-0.2	-5.88	-16.28	-0.21	-
Investment in Securities	23.13	-20	-3.47	0.09	-
Other Investing Activities	-0.87	1.84	1.84	-	-
Investing Cash Flow	23.42	-25.54	-18.87	-6.84	0.35
Long-Term Debt Issued	70	-	-	-	-
Long-Term Debt Repaid	-5.04	-2.29	-1.49	-0.35	-0.19
Net Debt Issued (Repaid)	64.96	-2.29	-1.49	-0.35	-0.19
Other Financing Activities	-39.12	-10.34	-4.19	3.01	-0.57
Financing Cash Flow	25.84	-12.63	-5.68	2.67	-0.76
Miscellaneous Cash Flow Adjustments	-45.59	-56.48	-22.61	0	-
Net Cash Flow	-0.74	-8.25	2.41	-4.92	-0.98
Free Cash Flow	-5.79	84.57	45.16	-8.34	-0.56
Free Cash Flow Growth	-	87.25%	-	-	-
Free Cash Flow Margin	-2.57%	38.76%	29.87%	-10.87%	-1.92%
Free Cash Flow Per Share	-0.61	8.90	4.75	-0.88	-0.06
Cash Interest Paid	28.15	4.46	5.23	4.94	1.23
Cash Income Tax Paid	0.01	0.04	-0.73	0.31	-0.48
Levered Free Cash Flow	-43.46	42.21	-68.07	-3.41	3.05
Unlevered Free Cash Flow	-25.36	45.65	-63.09	-0.24	3.85
Change in Working Capital	-72.96	112.41	-40.62	-48.63	12.22

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