Turcas Petrol A.S. 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	909.51	898.04	1,193	768.95	-80.1	-124
Depreciation & Amortization	29.4	29.25	21.57	14.64	2.83	11.43
Loss (Gain) on Sale of Assets	-0.09	-0	-23.94	351.03	0.01	0.01
Loss (Gain) on Sale of Investments	6.28	6.28	-	-	-48.87	-103.7
Loss (Gain) on Equity Investments	-904.29	-694.15	-852.9	151.36	-174.91	68.25
Change in Accounts Receivable	0.28	0.14	-0.26	0.19	-0	-3.65
Change in Accounts Payable	-2.26	-0.58	3.42	1.64	0.41	9.83
Change in Other Net Operating Assets	-48.65	28.35	0.89	99.38	-4.05	5.37
Other Operating Activities	-377.45	-293.54	-718.65	-857.42	206.87	189.94
Net Cash from Discontinued Operations	-	-	-	92.14	198.57	-
Operating Cash Flow	-387.25	-26.19	-376.77	621.9	100.77	53.49
Operating Cash Flow Growth	-	-	-	517.16%	88.41%	12.89%
Capital Expenditures	-25.83	-25.2	-66.95	-13.1	-3.07	-25.78
Sale of Property, Plant & Equipment	0.04	0.03	24.34	-	-	-
Sale (Purchase) of Intangibles	0.28	-1.08	-	-	-	-
Investment in Securities	-9.86	-	-	-	-	-
Other Investing Activities	576.07	632.41	875.69	352.24	105.2	80.39
Investing Cash Flow	540.7	606.15	833.07	339.14	102.13	54.61
Long-Term Debt Issued	-	-	-	-	-	15.33
Long-Term Debt Repaid	-	-453.15	-265.26	-912.67	-186.74	-122.49
Net Debt Issued (Repaid)	174.47	-453.15	-265.26	-912.67	-186.74	-107.16
Common Dividends Paid	-344.57	-137.62	-	-	-	-
Other Financing Activities	134.75	100.18	36.54	-30.37	-60.5	-32.66
Financing Cash Flow	-35.35	-490.59	-228.73	-943.04	-247.24	-139.82
Foreign Exchange Rate Adjustments	-2.73	-79.77	-43.48	-21.99	-	-
Net Cash Flow	115.37	9.6	184.11	-3.99	-44.34	-31.73
Free Cash Flow	-413.08	-51.39	-443.72	608.81	97.7	27.7
Free Cash Flow Growth	-	-	-	523.13%	252.68%	-20.95%
Free Cash Flow Margin	-	-	-	-	-	43.31%
Free Cash Flow Per Share	-1.62	-0.20	-1.74	2.38	0.38	0.11
Cash Interest Paid	-	14.04	59.69	30.37	20.72	32.66
Cash Income Tax Paid	2.62	3.49	0.45	-0.23	-0.27	0.14
Levered Free Cash Flow	-209.96	37.82	-200.48	-215.46	49.81	-4.27
Unlevered Free Cash Flow	-209.96	50.32	-155.4	-195.71	62.81	16.15
Change in Working Capital	-50.62	27.91	4.04	101.21	-3.64	11.55

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