IST:SOKE 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	-339.29	-252.09	-141.17	308.05	12.86
Depreciation & Amortization	286.88	193.49	153.68	53.66	8.05
Asset Writedown & Restructuring Costs	-	7.25	-124.2	-	-2.01
Other Operating Activities	-101.77	-47.6	-223.05	-69.97	4.36
Change in Accounts Receivable	-288.75	-108.9	-263.67	-41.27	-34.51
Change in Inventory	4.43	129.96	-0.22	-133.45	-15.72
Change in Accounts Payable	595.18	-153.72	288.67	214.62	36.37
Change in Unearned Revenue	57.33	-14.37	-45.48	28.66	4.57
Change in Other Net Operating Assets	-146.29	53.37	132.34	7.33	-26.47
Operating Cash Flow	67.71	-192.61	-223.09	301.24	-12.51
Capital Expenditures	-150.6	-317.52	-680.46	-164.33	-1.54
Sale of Property, Plant & Equipment	60.97	35.89	34.05	4.77	0.01
Sale (Purchase) of Intangibles	-0.12	-1.73	-1.84	-0.51	-0.03
Investment in Securities	-	-	-133	-	-
Investing Cash Flow	-89.76	-283.35	-781.26	-160.08	-1.56
Long-Term Debt Issued	726.27	566.97	138.79	843.01	239.19
Long-Term Debt Repaid	-776.78	-60.79	-305.75	-828.58	-189.19
Net Debt Issued (Repaid)	-50.5	506.18	-166.96	14.43	49.99
Issuance of Common Stock	-	-	1,159	393.17	-
Common Dividends Paid	-	-	-206.5	-	-
Other Financing Activities	100.35	-28.31	33.37	-105.63	-36.01
Financing Cash Flow	49.85	477.87	819.22	301.97	13.99
Miscellaneous Cash Flow Adjustments	-	-	-	-	0
Net Cash Flow	27.8	1.91	-185.14	443.14	-0.08
Free Cash Flow	-82.89	-510.13	-903.56	136.91	-14.05
Free Cash Flow Margin	-1.10%	-9.34%	-11.93%	2.89%	-1.82%
Free Cash Flow Per Share	-	-1.32	-2.39	0.95	-0.16
Cash Interest Paid	-	171.3	138.49	140.65	36.01
Cash Income Tax Paid	-	-	93.45	58.95	-0.11
Levered Free Cash Flow	34.01	-224.47	-281.03	-58.01	-
Unlevered Free Cash Flow	357.85	-170.92	-240.08	11.59	-
Change in Working Capital	221.89	-93.66	111.65	9.51	-35.78

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