Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. (IST:VERTU)

IST:VERTU Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-246.67	-238.49	-4,951	2,007	1,153
Depreciation & Amortization	3.76	3.81	2.94	0.22	0.01
Loss (Gain) From Sale of Investments	226.91	214.02	4,917	-2,005	-1,141
Other Operating Activities	42.53	576.79	-93.34	-3.87	-37.59
Change in Accounts Receivable	0	0	-0.01	-	-
Change in Accounts Payable	0.05	-0.05	-9.46	10.86	-0
Change in Other Net Operating Assets	-37.49	-4.11	-0.86	-1.21	0.06
Operating Cash Flow	-10.9	551.97	-133.89	8.13	-26.47
Capital Expenditures	-	-	-0.05	-9.91	-0.03
Investing Cash Flow	-	-	-0.05	-9.91	-0.03
Long-Term Debt Issued	33.25	-	165.75	19.34	26.63
Total Debt Issued	33.25	-	165.75	19.34	26.63
Long-Term Debt Repaid	-	-500.34	-	-	-
Total Debt Repaid	-	-500.34	-	-	-
Net Debt Issued (Repaid)	33.25	-500.34	165.75	19.34	26.63
Issuance of Common Stock	-	30.71	0.84	-	-
Common Dividends Paid	-	-14.06	-16.11	-12.49	-2.6
Other Financing Activities	-23.12	-65.16	-1.24	-0.01	-0
Financing Cash Flow	10.12	-548.85	149.25	6.84	24.03
Miscellaneous Cash Flow Adjustments	-1.57	-1.87	-14.43	-7.3	-
Net Cash Flow	-2.35	1.26	0.88	-2.23	-2.47
Free Cash Flow	-10.9	551.97	-133.94	-1.78	-26.5
Free Cash Flow Margin	-	-	-84.37%	-	-
Free Cash Flow Per Share	-0.21	10.62	-2.58	-0.03	-0.51
Cash Interest Paid	3.19	65.16	1.24	0.01	0
Levered Free Cash Flow	-60.76	-58.24	-140.13	-15.95	6.55
Unlevered Free Cash Flow	-58.64	-17.5	-64.41	-6.78	12.94
Change in Working Capital	-37.43	-4.16	-10.32	9.65	0.06

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