IST:SNGYO 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	671.7	6,850	1,688	5,960	3,200
Depreciation & Amortization	70.88	43.01	27.66	32.85	4.86
Gain (Loss) on Sale of Investments	-0.78	-	-	-	-240.86
Asset Writedown	-3,886	-6,926	-1,209	-6,215	-3,778
Income (Loss) on Equity Investments	-141.06	-95.54	-15.18	0.45	-0.75
Change in Accounts Receivable	1,446	-1,683	-418.12	1,007	-52.85
Change in Accounts Payable	1,102	813.04	165.2	-326.1	-61.9
Change in Other Net Operating Assets	53.21	117.76	-37.25	2,137	-621.78
Other Operating Activities	5,457	13,786	2,045	1,927	2,387
Operating Cash Flow	908.88	2,206	4,615	2,729	1,933
Operating Cash Flow Growth	-58.79%	-52.20%	69.07%	41.17%	142.11%
Acquisition of Real Estate Assets	-1,913	-1,244	-1,213	-537.26	-586.79
Sale of Real Estate Assets	798.93	0.04	1,344	1,731	2.34
Net Sale / Acq. of Real Estate Assets	-1,114	-1,244	131.32	1,194	-584.45
Cash Acquisition	-	-	-	-7.49	-
Investment in Marketable & Equity Securities	25.46	-	-	-	-
Investing Cash Flow	-1,088	-1,244	574.92	1,186	352.2
Long-Term Debt Issued	12,881	2,210	5,771	2,189	4,359
Long-Term Debt Repaid	-10,752	-1,453	-8,527	-4,368	-6,158
Net Debt Issued (Repaid)	2,129	757.26	-2,757	-2,179	-1,799
Common Dividends Paid	-110.75	-	-	-	-
Other Financing Activities	-1,858	-2,061	-2,326	-1,142	-36.76
Miscellaneous Cash Flow Adjustments	-31.69	-211.39	-270.45	-1,528	-
Net Cash Flow	-50.03	-553.42	-163.69	-932.86	449.79
Cash Interest Paid	1,858	2,061	2,326	1,142	116.02
Levered Free Cash Flow	1,143	-2,317	-5,234	-5,252	439.05
Unlevered Free Cash Flow	2,368	-972.43	-3,377	-3,530	737.9
Change in Working Capital	-1,263	-11,452	2,079	1,025	361.64

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