Tat Gida Sanayi A.S. 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	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	132.16	-530.59	-124.52	-149.36	223.19
Depreciation & Amortization	305.29	355.64	279.97	139.3	19.89
Loss (Gain) From Sale of Assets	1.1	-2.75	-4.54	-0.35	-68.95
Provision & Write-off of Bad Debts	7.46	-	-	-	-
Other Operating Activities	308.64	-15.8	-488.42	-86.37	-57.37
Change in Accounts Receivable	20.36	-840.72	-31.18	-74.87	-20.46
Change in Inventory	464.62	1,070	1,672	-2,226	-221.99
Change in Accounts Payable	-16.43	-290.44	-154.27	242.14	29.07
Change in Unearned Revenue	92.87	15.5	-68.56	70.13	1.87
Change in Other Net Operating Assets	46.17	2,167	89.94	-418.42	-21.87
Operating Cash Flow	1,362	1,927	1,170	-2,504	-56.93
Operating Cash Flow Growth	-29.32%	64.72%	-	-	-
Capital Expenditures	-241.29	-508.73	-361.94	-336.34	-145.64
Sale of Property, Plant & Equipment	7.24	23.45	5.07	2.23	182.3
Sale (Purchase) of Intangibles	-62.01	-	-49.86	-16.05	-3.75
Sale (Purchase) of Real Estate	-	-	-21.27	-33.59	-6.01
Other Investing Activities	234.08	38.64	-	-	-
Investing Cash Flow	-61.97	-446.63	-427.99	-383.75	26.9
Long-Term Debt Issued	3,883	4,054	5,420	4,283	255.41
Long-Term Debt Repaid	-3,174	-3,988	-5,062	-1,034	-187.34
Net Debt Issued (Repaid)	709.48	65.51	358.1	3,249	68.07
Issuance of Common Stock	222.26	-	-	-	-
Common Dividends Paid	-	-	-	-124.44	-42.11
Other Financing Activities	-1,620	-1,354	-916.36	-50.11	-10.49
Financing Cash Flow	-688.6	-1,289	-558.26	3,075	15.46
Miscellaneous Cash Flow Adjustments	-36.34	-213.47	-734.33	-	-
Net Cash Flow	575.35	-21.2	-550.49	186.94	-14.57
Free Cash Flow	1,121	1,419	808.16	-2,840	-202.57
Free Cash Flow Growth	-20.99%	75.55%	-	-	-
Free Cash Flow Margin	13.69%	17.12%	9.73%	-54.12%	-18.55%
Free Cash Flow Per Share	4.58	10.43	5.94	-20.89	-1.49
Cash Interest Paid	1,350	1,354	1,002	93.78	26.36
Cash Income Tax Paid	-	-	56.24	47.68	28.39
Levered Free Cash Flow	253.35	-729.61	-1,513	-4,682	-233.23
Unlevered Free Cash Flow	813.04	69.76	-805.29	-4,447	-208.98
Change in Working Capital	607.6	2,121	1,508	-2,407	-233.37

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