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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	3,529	5,011	4,709	672.36	903.63	52.36
Depreciation & Amortization	3.13	2.37	2.26	0.18	0.34	0.41
Asset Writedown	-1,308	-1,308	-4,143	-1,641	-88.9	-48.02
Change in Accounts Receivable	-241.6	-52.64	68.7	-52.05	-47.91	6.55
Change in Accounts Payable	-90.15	43.5	14	-80.63	27.43	61.35
Change in Other Net Operating Assets	36.62	-256.53	-177.13	1,840	-1,246	-54.77
Other Operating Activities	-1,394	-1,957	540.1	1,168	426.95	66.32
Operating Cash Flow	-503.3	1,197	1,439	1,520	16.75	79.45
Operating Cash Flow Growth	-	-16.80%	-5.29%	8969.96%	-78.91%	-7.95%
Acquisition of Real Estate Assets	86.35	-55.9	-51.66	-1,494	-59.67	-63.67
Sale of Real Estate Assets	-	-	-	56.88	48.23	-
Net Sale / Acq. of Real Estate Assets	86.35	-55.9	-51.66	-1,437	-11.44	-63.67
Cash Acquisition	-	-	-	-	-	-2.96
Investing Cash Flow	86.35	-55.9	-51.66	-1,437	-11.44	-66.63
Long-Term Debt Issued	-	-	41.19	805.38	65.09	68.29
Long-Term Debt Repaid	-	-249.08	-413.08	-195.78	-32.75	-29.2
Net Debt Issued (Repaid)	258.45	-249.08	-371.89	609.61	32.34	39.09
Common Dividends Paid	-	-	-	-	-	-2.77
Other Financing Activities	-149.31	-785.24	-1,553	-186.99	-10.84	-43.61
Foreign Exchange Rate Adjustments	-5.36	-4.65	-916.8	-	-	-
Net Cash Flow	-265.42	102.52	-1,454	505.07	26.81	5.52
Cash Interest Paid	196.92	810.61	1,553	49.67	10.84	20.18
Cash Income Tax Paid	-	-	-	75.8	-	-
Levered Free Cash Flow	671.29	328.35	334.62	1,704	-426.54	32.17
Unlevered Free Cash Flow	754.71	419.28	513.05	1,735	-419.76	44.78
Change in Net Working Capital	-545.14	-31.94	84.58	-1,644	1,033	-22.38

Source: S&P Capital IQ. Real Estate template. Financial Sources.