IST:ULUSE Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Net Income	-723.06	-658.2	-92.4	-74.41	7.52	Upgrade
Depreciation & Amortization	148.38	161.62	110.01	16.22	14.42	Upgrade
Other Amortization	1.32	1.27	2.39	0.49	-	Upgrade
Loss (Gain) From Sale of Assets	-1.25	-	-	-	-7.44	Upgrade
Provision & Write-off of Bad Debts	10.5	1.83	11.42	30.33	-3.32	Upgrade
Other Operating Activities	-40.2	-50.96	-233.82	8.87	16.62	Upgrade
Change in Accounts Receivable	175.79	184.75	146.52	-185.1	-74.48	Upgrade
Change in Inventory	-60.75	57.31	369.58	-247.56	-36.51	Upgrade
Change in Accounts Payable	543.48	29.58	-408.66	520.06	11.84	Upgrade
Change in Unearned Revenue	-11.9	5.87	-33.23	-	-1.51	Upgrade
Change in Other Net Operating Assets	-292.42	191.19	19.69	-192.78	55.98	Upgrade
Operating Cash Flow	-250.11	-75.74	-108.5	-123.86	-16.88	Upgrade
Capital Expenditures	-45.46	-101.53	-50.53	-63.02	-41.12	Upgrade
Sale of Property, Plant & Equipment	4.97	16.19	10.19	5.18	7.82	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-107.24	-0.07	Upgrade
Investing Cash Flow	-40.48	-85.33	-40.33	-165.08	-33.38	Upgrade
Short-Term Debt Issued	-	-	-	268.8	4.51	Upgrade
Long-Term Debt Issued	712.34	874.21	596.81	-	-	Upgrade
Total Debt Issued	712.34	874.21	596.81	268.8	4.51	Upgrade
Short-Term Debt Repaid	-	-	-352.99	-37.5	-4.68	Upgrade
Long-Term Debt Repaid	-415.61	-530.65	-14.74	-4.93	-1.96	Upgrade
Total Debt Repaid	-415.61	-530.65	-367.72	-42.43	-6.63	Upgrade
Net Debt Issued (Repaid)	296.73	343.56	229.09	226.37	-2.13	Upgrade
Other Financing Activities	-194.96	36.71	3.59	3.49	-0.15	Upgrade
Financing Cash Flow	101.78	380.27	232.68	229.86	-2.28	Upgrade
Foreign Exchange Rate Adjustments	138.18	85.42	-17.57	-9.6	-	Upgrade
Miscellaneous Cash Flow Adjustments	-136.26	-96.44	-	-	-	Upgrade
Net Cash Flow	-186.89	208.17	66.27	-68.68	-52.54	Upgrade
Free Cash Flow	-295.57	-177.27	-159.03	-186.88	-58	Upgrade
Free Cash Flow Margin	-5.97%	-2.84%	-3.74%	-19.56%	-8.78%	Upgrade
Free Cash Flow Per Share	-3.69	-2.22	-1.99	-2.34	-0.72	Upgrade
Cash Interest Paid	117.47	28.26	2.54	-	0.15	Upgrade
Cash Income Tax Paid	0.13	-	-	-	3.64	Upgrade
Levered Free Cash Flow	-21.92	-60.86	-303.4	-268.1	-18.65	Upgrade
Unlevered Free Cash Flow	59.76	87.24	-178.33	-259.45	-18.35	Upgrade
Change in Working Capital	354.2	468.7	93.89	-105.38	-44.67	Upgrade

Updated Nov 11, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.