IST:TTKOM 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	22,981	11,068	23,709	6,910	5,761
Depreciation & Amortization	-3,019	42,095	47,840	32,447	5,446
Other Amortization	50,221	5,053	3,381	222.05	723.13
Loss (Gain) From Sale of Assets	-641.91	-677.17	-716.51	-2,141	-1,127
Asset Writedown & Restructuring Costs	-187.77	459.35	-18.33	1,848	42.72
Loss (Gain) From Sale of Investments	-806.48	-4,728	-5,971	-2,793	-
Provision & Write-off of Bad Debts	746.44	981.3	592.16	387.45	176.33
Other Operating Activities	24,538	23,881	-18,794	1,239	4,098
Change in Accounts Receivable	-672.86	-5,293	-4,992	-1,138	-1,281
Change in Inventory	1,754	-1,095	107.91	41.18	-192.15
Change in Accounts Payable	2,689	-103.2	-2,163	-5,129	2,163
Change in Other Net Operating Assets	-625.94	-416.96	-854.13	-2.32	-130.54
Operating Cash Flow	96,974	71,225	42,121	31,891	15,681
Operating Cash Flow Growth	36.15%	69.10%	32.08%	103.37%	14.98%
Capital Expenditures	-32,892	-29,372	-18,009	-12,410	-4,100
Sale of Property, Plant & Equipment	861.83	834.69	908.71	2,620	1,290
Sale (Purchase) of Intangibles	-42,028	-23,348	-19,101	-11,566	-4,576
Investment in Securities	13,200	489.31	70.81	-7,791	-7.56
Investing Cash Flow	-60,859	-51,396	-36,131	-29,147	-7,393
Long-Term Debt Issued	68,541	66,369	54,032	22,180	3,306
Long-Term Debt Repaid	-39,523	-84,625	-51,303	-20,248	-8,242
Net Debt Issued (Repaid)	29,017	-18,256	2,729	1,931	-4,937
Repurchase of Common Stock	-	-	-21.07	-	-
Common Dividends Paid	-	-	-	-10,141	-1,873
Other Financing Activities	-5,853	-9,350	7,018	1,477	18.58
Financing Cash Flow	23,165	-27,606	9,725	-6,732	-6,791
Foreign Exchange Rate Adjustments	1,285	1,461	720.94	190.59	477.41
Miscellaneous Cash Flow Adjustments	-3,688	-5,512	-9,419	-7,688	-
Net Cash Flow	56,877	-11,828	7,017	-11,485	1,975
Free Cash Flow	64,082	41,853	24,111	19,481	11,581
Free Cash Flow Growth	53.11%	73.58%	23.77%	68.21%	9.33%
Free Cash Flow Margin	26.46%	19.78%	16.67%	21.31%	33.79%
Free Cash Flow Per Share	18.31	11.96	6.89	5.57	3.31
Cash Interest Paid	9,636	9,953	6,937	4,465	1,974
Cash Income Tax Paid	4,032	481.19	529.46	1,153	574.76
Levered Free Cash Flow	10,516	4,417	4,485	4,985	-288.52
Unlevered Free Cash Flow	16,973	13,457	10,627	8,861	1,070
Change in Working Capital	3,144	-6,908	-7,901	-6,228	559.58

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