Vakif Faktoring A.S. (IST:VAKFA)

Vakif Faktoring A.S. 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	1,868	1,707	1,505	546.72	116.29	98.11
Depreciation & Amortization	11.58	8.64	3.17	1.77	1.7	1.3
Other Amortization	0.71	0.71	1.28	1.1	0.86	0.2
Other Operating Activities	-1,607	-601.53	372.12	-286.35	68.17	6.77
Change in Accounts Receivable	-2,519	5,197	-14,098	-15,425	-1,096	-2,862
Change in Other Net Operating Assets	1,007	-6,617	11,916	14,553	923.54	2,415
Operating Cash Flow	-1,239	-305.18	-300.67	-609.16	14.07	-340.31
Capital Expenditures	7.9	-5.42	-8.08	-4.12	-1.89	-2.58
Sale of Property, Plant & Equipment	0.23	-	0.83	-	0.12	0.15
Other Investing Activities	-	-	-	-	-1.74	-
Investing Cash Flow	28.13	-5.42	-7.25	-4.12	-3.51	-2.42
Long-Term Debt Issued	-	105.63	2,125	1,452	1,951	748.47
Long-Term Debt Repaid	-	-	-1,514	-767.92	-1,960	-341.27
Net Debt Issued (Repaid)	614.12	105.63	611.67	684.29	-8.56	407.2
Financing Cash Flow	614.12	105.63	611.67	684.29	-8.56	407.2
Foreign Exchange Rate Adjustments	3.59	2.43	30.37	8.61	14.14	9.91
Net Cash Flow	-593.18	-202.54	334.11	79.61	16.14	74.37
Free Cash Flow	-1,231	-310.6	-308.75	-613.28	12.18	-342.89
Free Cash Flow Margin	-12.58%	-2.43%	-3.56%	-25.25%	1.58%	-95.75%
Cash Interest Paid	8,289	10,949	5,475	1,589	515.78	177.89
Cash Income Tax Paid	762.87	722.64	539.2	116.12	33.11	30.28
Levered Free Cash Flow	-	6,527	-13,493	-15,362	-1,088	-2,805
Unlevered Free Cash Flow	-	12,906	-10,172	-14,437	-727.68	-2,674
Change in Working Capital	-1,512	-1,420	-2,182	-872.4	-172.94	-446.7

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