IST:TABGD 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
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
Net Income	1,912	3,549	1,853	-130.49	-310.11
Depreciation & Amortization	3,957	3,528	2,023	319.88	311.69
Loss (Gain) From Sale of Assets	52.12	9.87	42.41	7.77	3.87
Asset Writedown & Restructuring Costs	9.46	7.64	11.47	-2.54	15.83
Stock-Based Compensation	-	-	-	-	-0.36
Other Operating Activities	-322.26	-1,431	-1,052	314.75	189.31
Change in Accounts Receivable	-882.63	-643.42	-278.3	-126.15	-10.53
Change in Inventory	-130.4	-254.3	-131.59	-43.5	-7.04
Change in Accounts Payable	694.07	1,042	784.07	44.53	140.32
Change in Other Net Operating Assets	179.57	-946.46	1.27	0.53	80.06
Operating Cash Flow	5,468	4,861	3,254	384.78	413.03
Operating Cash Flow Growth	12.49%	49.39%	745.64%	-6.84%	-
Capital Expenditures	-2,886	-2,003	-930.23	-142	-105.81
Sale of Property, Plant & Equipment	39.22	74.2	34.6	7.89	3.59
Sale (Purchase) of Intangibles	-271.41	-124.09	-179.55	-11.81	-8.99
Other Investing Activities	2,162	2,564	-482.64	-107.15	-50.89
Investing Cash Flow	-955.97	510.75	-1,558	-253.07	-162.1
Long-Term Debt Issued	372.52	1,035	1,027	1,118	396.83
Long-Term Debt Repaid	-2,142	-5,336	-2,095	-1,050	-407.3
Net Debt Issued (Repaid)	-1,770	-4,301	-1,067	67.45	-10.47
Issuance of Common Stock	-	5,204	200	-	-
Repurchase of Common Stock	-25.48	-	-	-	-
Common Dividends Paid	-146.5	-	-	-	-
Other Financing Activities	-482.41	-748.71	-577.2	-293.03	-167.89
Financing Cash Flow	-2,424	154.38	-1,444	-225.58	-178.36
Foreign Exchange Rate Adjustments	-	-	-	0.92	0.42
Miscellaneous Cash Flow Adjustments	-1,751	-234.17	-50.55	-	-
Net Cash Flow	337.43	5,292	201.16	-92.94	72.99
Free Cash Flow	2,582	2,858	2,324	242.79	307.22
Free Cash Flow Growth	-9.63%	22.98%	857.08%	-20.97%	-
Free Cash Flow Margin	8.07%	9.90%	13.99%	6.33%	14.17%
Free Cash Flow Per Share	9.88	12.03	43.20	7.49	9.48
Cash Interest Paid	482.41	748.71	577.2	293.03	167.89
Cash Income Tax Paid	577.36	281.49	57.72	-	-
Levered Free Cash Flow	1,986	1,980	1,475	142.72	-
Unlevered Free Cash Flow	2,285	2,440	1,827	323.89	-
Change in Net Working Capital	248.64	390.32	-752.9	9.83	-

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.