IST:TNZTP 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,227	1,260	1,188	266.13	65.84
Depreciation & Amortization	178.27	194.81	199.95	76.52	11.87
Loss (Gain) From Sale of Assets	-6.15	-0.12	-1.96	-0.82	-1.81
Asset Writedown & Restructuring Costs	-1,759	-1,759	-6.56	-55.46	-2.57
Provision & Write-off of Bad Debts	1.4	0.1	0.14	0.4	2.9
Other Operating Activities	-381.68	-201.77	-1,090	-33.63	-6.18
Change in Accounts Receivable	63.33	62.07	-92.03	-25.48	-12.23
Change in Inventory	55.67	45.46	-27.71	-4.38	-14.52
Change in Accounts Payable	-107	-104.64	32.92	21.16	32.51
Change in Unearned Revenue	-33.93	-27.15	43.55	8.15	0.23
Change in Other Net Operating Assets	-245.44	-202.08	276.65	56.42	10.62
Operating Cash Flow	-1,007	-732.02	522.49	227.45	86.86
Operating Cash Flow Growth	-	-	129.72%	161.86%	-
Capital Expenditures	-58.24	-68.51	-180.87	-223.46	-10.68
Sale of Property, Plant & Equipment	70.64	0.09	4.82	9.82	0.45
Sale (Purchase) of Intangibles	0.02	-0.22	-1.07	-0.38	-
Investment in Securities	-	-	3.13	-0.83	-
Other Investing Activities	1,844	2,046	-1,460	-0	8.88
Investing Cash Flow	1,852	1,974	-1,634	-275.29	-0.7
Long-Term Debt Issued	-	145	1,153	58.38	13.3
Long-Term Debt Repaid	-	-1,049	-134.07	-107.93	-47.08
Net Debt Issued (Repaid)	-986.69	-903.89	1,019	-49.55	-33.78
Issuance of Common Stock	170.38	11.61	964.82	-	-
Repurchase of Common Stock	-	-3.32	-88.91	-	-
Common Dividends Paid	-90.5	-	-62.66	-	-
Other Financing Activities	-209.82	-589.01	-177.68	59.71	-4.82
Financing Cash Flow	-1,117	-1,485	1,655	10.16	-38.59
Miscellaneous Cash Flow Adjustments	-33.62	-125.21	-164.93	-187.35	-
Net Cash Flow	-305.28	-367.86	378.05	-225.03	47.56
Free Cash Flow	-1,066	-800.54	341.62	3.98	76.17
Free Cash Flow Growth	-	-	8473.06%	-94.77%	-
Free Cash Flow Margin	-46.39%	-36.59%	18.02%	0.37%	24.61%
Free Cash Flow Per Share	-4.88	-3.66	1.56	0.02	0.45
Cash Interest Paid	268.21	326.7	87.23	26.11	4.91
Cash Income Tax Paid	-	-	-	-80.03	-2.35
Levered Free Cash Flow	-35.8	-33.98	176.84	-44.35	-
Unlevered Free Cash Flow	147.35	181.63	241.14	-24.24	-
Change in Net Working Capital	205.03	189.21	-73.53	-17.78	-

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.