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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	80.53	232.32	276.58	224.23	42.92
Depreciation & Amortization	461.6	441.8	434.93	234.82	44.09
Loss (Gain) From Sale of Assets	-0.48	-6.58	-6.6	-10.74	-1.05
Asset Writedown & Restructuring Costs	-	-	-	1.26	-0.04
Other Operating Activities	227.39	301.08	47.94	-82.26	22.25
Change in Accounts Receivable	-153.89	-41.33	24.67	-9.32	-4.29
Change in Inventory	309.68	-464.72	55.99	-229.83	-57.13
Change in Accounts Payable	-90.54	-43.22	-188.13	126.9	8.92
Change in Unearned Revenue	-11.1	-11.1	20.58	0.14	-0.25
Change in Income Taxes	-25.38	-94.12	-166.36	-	-
Change in Other Net Operating Assets	22.73	-22.66	-3.84	15.15	-10.27
Operating Cash Flow	820.54	291.47	495.76	270.34	45.18
Operating Cash Flow Growth	40.45%	-41.21%	83.38%	498.40%	-
Capital Expenditures	-284.22	-147.07	-189.14	-101.84	-19.54
Sale of Property, Plant & Equipment	14.16	56.4	31.23	39.26	2.94
Sale (Purchase) of Intangibles	-37.73	-10.93	-36.82	-11.18	-2.03
Other Investing Activities	67.6	67.6	35.06	8.39	0.86
Investing Cash Flow	-240.19	-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)	-17.68	231.94	-193.89	-136.08	-17.42
Issuance of Common Stock	-	-	-	182.64	-
Repurchase of Common Stock	-83.64	-105.63	-7.93	-	-
Common Dividends Paid	-56.78	-62	-50.79	-	-
Other Financing Activities	-467.8	-362.42	-124.1	-62.99	-14.08
Financing Cash Flow	-625.91	-298.11	-376.72	-16.43	-31.5
Foreign Exchange Rate Adjustments	-0.13	5.02	8.67	-0.45	-
Net Cash Flow	-13.4	-35.63	-31.96	188.1	-4.09
Free Cash Flow	536.32	144.4	306.63	168.5	25.64
Free Cash Flow Growth	43.62%	-52.91%	81.97%	557.22%	-
Free Cash Flow Margin	11.58%	3.31%	8.48%	9.59%	7.12%
Free Cash Flow Per Share	0.96	0.26	0.84	0.39	0.11
Cash Interest Paid	456.45	362.42	124.1	62.99	14.08
Cash Income Tax Paid	25.38	94.12	166.36	63.89	7.19
Levered Free Cash Flow	-218.53	-154.64	88	-54.44	-
Unlevered Free Cash Flow	97.14	51.94	179.2	-11.73	-
Change in Working Capital	51.5	-677.15	-257.09	-96.96	-63.01

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