Servet Gayrimenkul Yatirim Ortakligi A.S. (IST:SRVGY)

IST:SRVGY Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,082	1,986	7,235	4,709	672.36	903.63
Depreciation & Amortization	6.45	6.22	3.42	2.26	0.18	0.34
Asset Writedown	-5,768	-5,768	-1,889	-4,143	-1,641	-88.9
Change in Accounts Receivable	127.89	26.62	-76	68.7	-52.05	-47.91
Change in Accounts Payable	-45.54	-68.17	62.81	14	-80.63	27.43
Change in Other Net Operating Assets	51.48	-515.89	-370.38	-177.13	1,840	-1,246
Other Operating Activities	4,707	4,316	-2,826	540.1	1,168	426.95
Operating Cash Flow	1,008	-80.95	1,729	1,439	1,520	16.75
Operating Cash Flow Growth	-19.91%	-	20.12%	-5.29%	8969.97%	-78.91%
Acquisition of Real Estate Assets	-48.03	-48.98	-80.71	-51.66	-1,494	-59.67
Sale of Real Estate Assets	-2.75	-	-	-	56.88	48.23
Net Sale / Acq. of Real Estate Assets	-50.79	-48.98	-80.71	-51.66	-1,437	-11.44
Investment in Marketable & Equity Securities	-685.06	-	-	-	-	-
Investing Cash Flow	-735.84	-48.98	-80.71	-51.66	-1,437	-11.44
Long-Term Debt Issued	-	250	-	41.19	805.38	65.09
Long-Term Debt Repaid	-	-101.44	-359.63	-413.08	-195.78	-32.75
Net Debt Issued (Repaid)	-212.84	148.56	-359.63	-371.89	609.61	32.34
Other Financing Activities	-173.62	-117.43	-1,134	-1,553	-186.99	-10.84
Foreign Exchange Rate Adjustments	22.04	-1.22	-	-916.8	-	-
Miscellaneous Cash Flow Adjustments	29.15	-35.42	-6.71	-	-	-
Net Cash Flow	-63.15	-135.45	148.01	-1,454	505.07	26.81
Cash Interest Paid	165.65	130.96	1,170	1,553	49.67	10.84
Cash Income Tax Paid	-	-	-	-	75.8	-
Levered Free Cash Flow	-1,284	712.61	-27.32	334.62	1,704	-426.54
Unlevered Free Cash Flow	-1,194	802.92	855.42	513.05	1,735	-419.76
Change in Net Working Capital	1,679	-367.02	-296.17	84.58	-1,644	1,033

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