TSKB Gayrimenkul Yatirim Ortakligi A.S (IST:TSGYO)

IST:TSGYO Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-272.01	-22.43	517.37	982.69	124.88	-45.78
Depreciation & Amortization	2.08	1.52	1.04	0.31	0.09	0.09
Other Amortization	0.02	0.02	0.04	0.03	0.01	0.01
Asset Writedown	-60.19	-203.82	-485.22	-958.68	-140.12	-23.66
Income (Loss) on Equity Investments	-11.86	-14.51	-1.41	-6.55	-1.24	0.92
Change in Accounts Receivable	-4.13	-1.93	1.33	2.41	-1.83	-0.56
Change in Accounts Payable	-18.71	18.68	8.87	2.08	0.67	-0.72
Change in Other Net Operating Assets	72.93	-114.3	-5.94	8.1	3.44	22.56
Other Operating Activities	407.24	287.79	10.6	12.2	27.54	77.2
Operating Cash Flow	120.24	-46.99	46.72	42.74	13.88	30.48
Operating Cash Flow Growth	-	-	9.30%	208.01%	-54.47%	139.10%
Acquisition of Real Estate Assets	-34.39	-83.51	-1.43	-0.89	-0.1	-3.92
Sale of Real Estate Assets	0.04	0.04	-	-	1.05	-
Net Sale / Acq. of Real Estate Assets	-34.35	-83.47	-1.43	-0.89	0.94	-3.92
Investing Cash Flow	-34.4	-83.47	-1.53	-0.91	0.94	-3.93
Short-Term Debt Issued	-	127.5	-	-	-	-
Long-Term Debt Issued	-	-	-	-	-	121.78
Total Debt Issued	-61.86	127.5	-	-	-	121.78
Short-Term Debt Repaid	-	-25.92	-	-	-	-
Long-Term Debt Repaid	-	-	-	-	-150.58	-247.5
Total Debt Repaid	-25.92	-25.92	-	-	-150.58	-247.5
Net Debt Issued (Repaid)	-87.78	101.58	-	-	-150.58	-125.72
Issuance of Common Stock	-	-	-	-	150.27	200.27
Other Financing Activities	-40.1	46.38	24.46	-	-14.75	-98.84
Foreign Exchange Rate Adjustments	0.02	0.01	0.6	0.07	-0.07	0.17
Miscellaneous Cash Flow Adjustments	-14.55	-27.22	-39.43	-19.66	-	-
Net Cash Flow	-56.57	-9.71	30.82	22.25	-0.3	2.43
Cash Interest Paid	86.49	-	-	-	14.75	98.84
Levered Free Cash Flow	11.63	-70.13	24.96	26.69	1.27	-8.07
Unlevered Free Cash Flow	37.02	-70.06	25	26.69	9.31	4.95
Change in Working Capital	50.09	-97.55	4.26	12.6	2.28	21.28

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