IST:SUWEN Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	91.17	232.32	276.58	224.23	42.92
Depreciation & Amortization	446.77	441.8	434.93	234.82	44.09
Loss (Gain) From Sale of Assets	-6.69	-6.58	-6.6	-10.74	-1.05
Asset Writedown & Restructuring Costs	-	-	-	1.26	-0.04
Other Operating Activities	362	301.08	47.94	-82.26	22.25
Change in Accounts Receivable	-37.09	-41.33	24.67	-9.32	-4.29
Change in Inventory	-191.75	-464.72	55.99	-229.83	-57.13
Change in Accounts Payable	-122.16	-43.22	-188.13	126.9	8.92
Change in Unearned Revenue	-6.03	-11.1	20.58	0.14	-0.25
Change in Income Taxes	-94.12	-94.12	-166.36	-	-
Change in Other Net Operating Assets	-17.43	-22.66	-3.84	15.15	-10.27
Operating Cash Flow	424.68	291.47	495.76	270.34	45.18
Operating Cash Flow Growth	4.15%	-41.21%	83.38%	498.40%	-
Capital Expenditures	-170.31	-147.07	-189.14	-101.84	-19.54
Sale of Property, Plant & Equipment	34.99	56.4	31.23	39.26	2.94
Sale (Purchase) of Intangibles	-6.09	-10.93	-36.82	-11.18	-2.03
Other Investing Activities	66.7	67.6	35.06	8.39	0.86
Investing Cash Flow	-44.71	-34.01	-159.67	-65.36	-17.76
Long-Term Debt Issued	-	805.33	189.94	163.73	90.13
Long-Term Debt Repaid	-	-573.39	-383.83	-299.81	-107.55
Net Debt Issued (Repaid)	146.62	231.94	-193.89	-136.08	-17.42
Issuance of Common Stock	-	-	-	182.64	-
Repurchase of Common Stock	-95.79	-105.63	-7.93	-	-
Common Dividends Paid	-62	-62	-50.79	-	-
Other Financing Activities	-395.39	-362.42	-124.1	-62.99	-14.08
Financing Cash Flow	-406.56	-298.11	-376.72	-16.43	-31.5
Foreign Exchange Rate Adjustments	3.55	5.02	8.67	-0.45	-
Net Cash Flow	-23.03	-35.63	-31.96	188.1	-4.09
Free Cash Flow	254.37	144.4	306.63	168.5	25.64
Free Cash Flow Growth	37.94%	-52.91%	81.97%	557.22%	-
Free Cash Flow Margin	5.66%	3.31%	8.48%	9.59%	7.12%
Free Cash Flow Per Share	0.45	0.26	0.84	0.39	0.11
Cash Interest Paid	395.39	362.42	124.1	62.99	14.08
Cash Income Tax Paid	72.64	94.12	166.36	63.89	7.19
Levered Free Cash Flow	-319.69	-154.64	88	-54.44	-
Unlevered Free Cash Flow	-74.95	51.94	179.2	-11.73	-
Change in Net Working Capital	645.7	570.47	243.2	242.79	-

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