IST:TATEN 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	FY 2020
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	Dec '20 Dec 31, 2020
Net Income	833.37	1,491	591.86	581.87	190.81	-31.67
Depreciation & Amortization	522.06	343.73	223.77	148.68	36.02	7.58
Loss (Gain) on Sale of Assets	4.15	4.15	36.63	-	-	-
Loss (Gain) on Sale of Investments	-0.09	-0.09	-	-	-	-
Loss (Gain) on Equity Investments	-	-	1.76	-4.7	-	-
Asset Writedown	-239.3	-239.3	-64.04	-67.61	-	-
Change in Accounts Receivable	-43.29	-25.26	-60.32	25	-13.55	-5.71
Change in Inventory	-	-	-	55.65	-55.65	-
Change in Accounts Payable	414.57	-37.63	105.03	12.96	5.74	8.72
Change in Unearned Revenue	-0.19	3.64	-21.91	21.91	-	-
Change in Other Net Operating Assets	-6.88	396.33	-327.33	-39.37	-73.83	50.6
Other Operating Activities	-40.09	-728.61	144.98	240.35	331.57	48.85
Operating Cash Flow	1,445	1,208	630.33	974.75	421.11	78.37
Operating Cash Flow Growth	-32.92%	91.63%	-35.33%	131.47%	437.34%	-
Capital Expenditures	-1,233	-1,625	-846.38	-21	-718.32	-240.69
Sale of Property, Plant & Equipment	-2.02	0.03	1.87	-	-	-
Cash Acquisitions	0.2	-	-	-547.5	-	-
Divestitures	-	-	575	-	-	-
Sale (Purchase) of Intangibles	-0.09	-0.09	-	-	-0.7	-0.6
Investment in Securities	5.32	5.35	75.08	-	-	-
Investing Cash Flow	-1,207	-1,817	-194.43	-570.16	-719.03	-241.29
Long-Term Debt Issued	-	1,265	425.78	-	789.5	171.81
Long-Term Debt Repaid	-	-782.23	-428.82	-368.03	-433.25	-0.07
Net Debt Issued (Repaid)	-592.86	482.9	-3.04	-368.03	356.25	171.74
Issuance of Common Stock	2,525	2,439	812.88	183	-	-
Repurchase of Common Stock	-2,537	-2,465	-60.95	-	-	-
Other Financing Activities	647.94	-354.22	-729.09	-60.05	-16.71	-8.84
Financing Cash Flow	42.68	102.32	19.8	-245.08	339.54	162.9
Net Cash Flow	279.93	-507.26	455.69	159.51	41.63	-0.02
Free Cash Flow	211.04	-416.87	-216.05	953.74	-297.21	-162.32
Free Cash Flow Margin	8.08%	-21.22%	-15.98%	76.90%	-98.99%	-789.24%
Free Cash Flow Per Share	0.19	-0.37	-0.21	3.48	-1.19	-0.65
Cash Interest Paid	242.87	278.84	165	79.9	23.45	8.86
Cash Income Tax Paid	3.47	5.34	3.23	0.39	0.05	-0.02
Levered Free Cash Flow	-11.82	-496.73	-624.85	592.45	-742.81	-
Unlevered Free Cash Flow	310.86	-298.73	-511.39	645.35	-726.3	-
Change in Working Capital	364.22	337.07	-304.53	76.15	-137.29	53.61

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