ÜNLÜ Yatirim Holding 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	-90.02	117.44	52.2	-23.46	79.64	61.27
Depreciation & Amortization, Total	60.5	56.79	87.84	41.14	10.01	7.56
Change in Accounts Receivable	-334.65	-381.01	541.27	-102.16	-69.22	-87.34
Change in Accounts Payable	-160.84	167.15	21.35	-5.4	2.39	3.69
Change in Other Net Operating Assets	706.06	-321.97	576.23	-583.43	-1.84	-4.34
Other Operating Activities	315.91	-252.5	169.4	-106.14	33.08	15.05
Operating Cash Flow	484.36	-626.81	1,412	-817.26	30.9	-10.2
Capital Expenditures	-8.45	-10.83	-36.45	-24.3	-9.19	-1.13
Sale (Purchase) of Intangibles	-35.38	-32.49	-49.17	-19.2	-6.2	-3.44
Investment in Securities	-26.15	-	-	-	-34.4	-24.21
Other Investing Activities	2.78	3.42	1.99	0.73	28.06	9.84
Investing Cash Flow	-67.2	-39.9	-83.63	-42.76	-21.73	27.18
Long-Term Debt Issued	-	161,022	35,421	64,378	1,501	598.66
Total Debt Issued	117,006	161,022	35,421	64,378	1,501	598.66
Long-Term Debt Repaid	-	-160,422	-35,598	-63,675	-1,602	-566.15
Total Debt Repaid	-117,391	-160,422	-35,598	-63,675	-1,602	-566.15
Net Debt Issued (Repaid)	-384.87	599.88	-177.77	703.34	-100.71	32.51
Issuance of Common Stock	8.97	8.97	-	-	247.72	-
Repurchase of Common Stock	-1.44	-	-45.39	-	-	-
Common Dividends Paid	-	-	-99.31	-47.37	-	-
Other Financing Activities	-58.66	-233.31	-176.18	-65.86	-30.56	-30.89
Financing Cash Flow	-436	375.54	-498.65	590.11	116.44	1.62
Foreign Exchange Rate Adjustments	32.58	14.23	37.14	25.28	32.83	12.24
Net Cash Flow	-62.72	-443.01	618.23	-298.41	158.46	30.83
Free Cash Flow	475.91	-637.64	1,376	-841.56	21.72	-11.32
Free Cash Flow Margin	1.14%	-1.19%	3.95%	-4.37%	0.45%	-0.45%
Free Cash Flow Per Share	2.71	-3.64	7.86	-4.81	0.14	-0.08
Cash Interest Paid	303.24	545.32	375.73	133.61	30.56	30.89
Cash Income Tax Paid	2.22	97.56	161.38	86.94	21.55	0.48

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