IST:SVGYO Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-129.27	-95.59	559.02
Depreciation & Amortization	0.36	0.17	0.01
Asset Writedown & Restructuring Costs	108.15	499.31	40.79
Other Operating Activities	155.6	-348.23	-89.56
Change in Accounts Receivable	-16.66	0.65	-7.88
Change in Inventory	-235.16	-106.41	-486.52
Change in Accounts Payable	39.73	2.2	0.79
Change in Unearned Revenue	271.58	282.47	-
Change in Other Net Operating Assets	-316.36	-46.28	-11.08
Operating Cash Flow	-122.04	188.29	5.57
Operating Cash Flow Growth	-	3279.16%	-
Capital Expenditures	-	-3.17	-0.26
Sale of Property, Plant & Equipment	0.56	-	-
Investing Cash Flow	0.56	-3.17	-0.26
Short-Term Debt Issued	2.53	0.37	-
Total Debt Issued	2.53	0.37	0.22
Net Debt Issued (Repaid)	2.53	0.37	0.22
Issuance of Common Stock	-	28.88	-
Other Financing Activities	-0.7	-0.83	-
Financing Cash Flow	1.83	28.41	0.22
Miscellaneous Cash Flow Adjustments	-50.88	-1.09	-
Net Cash Flow	-170.52	212.45	5.54
Free Cash Flow	-122.04	185.12	5.32
Free Cash Flow Growth	-	3382.38%	-
Free Cash Flow Margin	-151.87%	227.23%	11.65%
Free Cash Flow Per Share	-0.14	0.21	0.01
Levered Free Cash Flow	-93.14	92.56	-
Unlevered Free Cash Flow	-93.14	92.56	-
Change in Working Capital	-256.87	132.63	-504.69

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