IST:TEKTU 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	-676.62	-392.72	46.7	188.9	-95.19
Depreciation & Amortization	46.1	40.81	41.42	23.87	10.65
Loss (Gain) From Sale of Assets	66.99	281.99	-207.07	192.82	-
Asset Writedown & Restructuring Costs	329.94	130.13	-166.11	-221.51	-195.8
Provision & Write-off of Bad Debts	2.99	3.79	5.28	0.06	0.49
Other Operating Activities	123.82	-136.61	344.34	-201.96	319.41
Change in Accounts Receivable	-51.38	-43.99	17.76	13.77	15.42
Change in Inventory	-1.1	1.35	-1.91	-0.07	-0.13
Change in Accounts Payable	2.89	-3.06	1.86	-20.15	2.53
Change in Unearned Revenue	60.43	53.69	-16.52	-111.48	-2.91
Change in Other Net Operating Assets	11.6	61.46	132.99	-20.95	14
Operating Cash Flow	-84.33	-3.17	198.73	-159.32	17.62
Capital Expenditures	-18.03	-8.12	-104.65	-5.29	-0.62
Sale of Property, Plant & Equipment	2.98	8.37	-	952.65	-
Sale (Purchase) of Intangibles	-	-	-	-	-0.02
Sale (Purchase) of Real Estate	523.47	-	123.85	-0.35	-0.17
Investing Cash Flow	508.42	0.25	19.2	947.01	-0.81
Long-Term Debt Issued	-	-	-	1.65	14.54
Short-Term Debt Repaid	-446.54	-1.08	-561.08	-	-
Long-Term Debt Repaid	-	-	-	-305.96	-26.9
Total Debt Repaid	-446.54	-1.08	-561.08	-305.96	-26.9
Net Debt Issued (Repaid)	-446.54	-1.08	-561.08	-304.3	-12.37
Other Financing Activities	6.92	25.61	-1.07	-72.91	-4.72
Financing Cash Flow	-439.63	24.54	-562.14	-377.22	-17.09
Foreign Exchange Rate Adjustments	-	-	-	-	-0.27
Miscellaneous Cash Flow Adjustments	-10.55	-5.56	-234.68	-	-
Net Cash Flow	-26.09	16.05	-578.89	410.48	-0.55
Free Cash Flow	-102.35	-11.29	94.08	-164.61	17
Free Cash Flow Margin	-83.11%	-12.22%	75.36%	-188.95%	75.35%
Free Cash Flow Per Share	-	-0.04	0.31	-0.55	0.06
Cash Interest Paid	-	-	1.07	97.33	17.19
Cash Income Tax Paid	-	-0.09	0.26	0	-0
Levered Free Cash Flow	-78.95	22.52	-47.55	-245.6	22.65
Unlevered Free Cash Flow	4.98	41.92	-28.57	-184.72	32.66
Change in Working Capital	22.45	69.45	134.17	-138.89	28.91

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.