IST:SOKM 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	-1,928	80.16	6,135	6,954	324.32
Depreciation & Amortization	11,534	10,238	6,731	3,980	833.82
Loss (Gain) From Sale of Assets	-2.71	-0.35	0.51	13.84	0.08
Provision & Write-off of Bad Debts	0.03	-	0.56	0.07	0.08
Other Operating Activities	-3,550	-11,472	-6,723	7,545	1,053
Change in Accounts Receivable	-63.96	-158.18	-12.3	163.06	5.81
Change in Inventory	-4,755	1,721	-3,514	-9,443	-781.49
Change in Accounts Payable	16,445	17,674	11,377	1,785	670.1
Change in Other Net Operating Assets	4,609	5,942	5,731	-2,404	31.55
Operating Cash Flow	22,287	24,024	19,726	8,594	2,138
Operating Cash Flow Growth	-7.23%	21.79%	129.53%	302.04%	-0.53%
Capital Expenditures	-4,825	-6,698	-3,257	-3,190	-777.01
Sale of Property, Plant & Equipment	100.54	132.48	451.56	12.84	3.1
Sale (Purchase) of Intangibles	-337.08	-282.56	-229.24	-60.01	-19.87
Other Investing Activities	2,330	1,919	482.24	149.07	132.64
Investing Cash Flow	-2,732	-4,929	-2,552	-3,088	-661.14
Long-Term Debt Repaid	-7,219	-6,371	-6,077	-4,318	-405.94
Total Debt Repaid	-7,219	-6,371	-6,077	-4,318	-405.94
Net Debt Issued (Repaid)	-7,219	-6,371	-6,077	-4,318	-405.94
Common Dividends Paid	-	-2,310	-616.68	-	-77.14
Other Financing Activities	-8,365	-7,558	-4,584	-2,316	-798.64
Financing Cash Flow	-15,583	-16,239	-11,277	-6,634	-1,282
Miscellaneous Cash Flow Adjustments	-2,216	-3,248	-1,879	-1,093	-
Net Cash Flow	1,755	-392.24	4,017	-2,222	194.69
Free Cash Flow	17,462	17,325	16,469	5,404	1,361
Free Cash Flow Growth	0.79%	5.20%	204.76%	297.20%	-17.18%
Free Cash Flow Margin	6.26%	6.55%	8.53%	4.81%	4.79%
Free Cash Flow Per Share	29.43	29.20	27.76	9.11	2.29
Cash Interest Paid	8,341	7,315	4,584	2,316	798.64
Cash Income Tax Paid	-	71.08	811.83	687.25	20.62
Levered Free Cash Flow	2,198	2,611	-315.04	-1,607	603.74
Unlevered Free Cash Flow	6,168	5,267	1,665	-534.91	1,293
Change in Working Capital	16,234	25,178	13,581	-9,900	-74.05

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.