IST:TERA 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	34,829	406.24	374.63	-5.65	32.71	8.55
Depreciation & Amortization, Total	43.49	38.14	28.26	14.76	1.76	0.89
Change in Accounts Receivable	-65,624	-2,892	716.65	-634.25	-42.91	-32.94
Change in Accounts Payable	61,329	709.98	-372.21	600.37	-20.43	37.82
Change in Other Net Operating Assets	-3,782	-1,579	160.43	-127.73	-36.86	27.85
Other Operating Activities	71,643	-139.94	130.72	229.05	6.37	2.24
Operating Cash Flow	-7,363	-3,457	1,095	76.55	-59.31	44.53
Capital Expenditures	-64.56	-41.01	-11.28	-9.86	-6.99	-0.23
Sale (Purchase) of Intangibles	-95.98	-34.67	-18.72	-15.47	-3.5	-1.01
Investment in Securities	-0.33	-0.33	-0.06	-1.78	-	-
Other Investing Activities	81.46	38.02	33.29	-0	-	-
Investing Cash Flow	-80.77	-30.07	4.56	-26.52	-10.49	-1.24
Short-Term Debt Issued	-	-	-	-	50.2	-
Long-Term Debt Issued	-	2,179	799.65	76.47	-	-
Total Debt Issued	33,954	2,179	799.65	76.47	50.2	-
Short-Term Debt Repaid	-	-	-	-	-	-0.49
Long-Term Debt Repaid	-	-4.09	-	-3.2	-	-
Total Debt Repaid	-4.09	-4.09	-	-3.2	-	-0.49
Net Debt Issued (Repaid)	33,950	2,175	799.65	73.27	50.2	-0.49
Issuance of Common Stock	216.94	109.62	-	15	3.5	3.15
Other Financing Activities	-23,720	-179.53	-753.93	-	-	-
Financing Cash Flow	10,447	2,105	45.72	88.27	53.7	2.66
Net Cash Flow	2,277	-1,021	1,184	138.29	-16.1	45.95
Free Cash Flow	-7,428	-3,498	1,084	66.69	-66.3	44.3
Free Cash Flow Growth	-	-	1524.82%	-	-	480.16%
Free Cash Flow Margin	-3.05%	-70.13%	18.28%	2.65%	-4.66%	7.86%
Free Cash Flow Per Share	-10.61	-5.00	1.55	0.10	-	-
Cash Interest Paid	2.34	2.34	80.79	5.48	4.58	0.59
Cash Income Tax Paid	-	-58.99	84.17	15.57	1.63	-

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