IST:SRVGY Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	1,986	7,235	4,709	672.36	903.63	Upgrade
Depreciation & Amortization	6.22	3.42	2.26	0.18	0.34	Upgrade
Asset Writedown	-5,768	-1,889	-4,143	-1,641	-88.9	Upgrade
Change in Accounts Receivable	26.62	-76	68.7	-52.05	-47.91	Upgrade
Change in Accounts Payable	-68.17	62.81	14	-80.63	27.43	Upgrade
Change in Other Net Operating Assets	-515.89	-370.38	-177.13	1,840	-1,246	Upgrade
Other Operating Activities	4,316	-2,826	540.1	1,168	426.95	Upgrade
Operating Cash Flow	-80.95	1,729	1,439	1,520	16.75	Upgrade
Operating Cash Flow Growth	-	20.12%	-5.29%	8969.97%	-78.91%	Upgrade
Acquisition of Real Estate Assets	-48.98	-80.71	-51.66	-1,494	-59.67	Upgrade
Sale of Real Estate Assets	-	-	-	56.88	48.23	Upgrade
Net Sale / Acq. of Real Estate Assets	-48.98	-80.71	-51.66	-1,437	-11.44	Upgrade
Investing Cash Flow	-48.98	-80.71	-51.66	-1,437	-11.44	Upgrade
Long-Term Debt Issued	250	-	41.19	805.38	65.09	Upgrade
Long-Term Debt Repaid	-101.44	-359.63	-413.08	-195.78	-32.75	Upgrade
Net Debt Issued (Repaid)	148.56	-359.63	-371.89	609.61	32.34	Upgrade
Other Financing Activities	-117.43	-1,134	-1,553	-186.99	-10.84	Upgrade
Foreign Exchange Rate Adjustments	-1.22	-	-916.8	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-35.42	-6.71	-	-	-	Upgrade
Net Cash Flow	-135.45	148.01	-1,454	505.07	26.81	Upgrade
Cash Interest Paid	130.96	1,170	1,553	49.67	10.84	Upgrade
Cash Income Tax Paid	-	-	-	75.8	-	Upgrade
Levered Free Cash Flow	712.61	-27.32	334.62	1,704	-426.54	Upgrade
Unlevered Free Cash Flow	802.92	855.42	513.05	1,735	-419.76	Upgrade
Change in Net Working Capital	-367.02	-296.17	84.58	-1,644	1,033	Upgrade

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