Vakif Gayrimenkul Yatirim Ortakligi AS (IST:VKGYO)

IST:VKGYO 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	3,754	3,037	1,928	1,747	474.69	118.59
Depreciation & Amortization	1.99	2.52	1.77	2.97	0.54	0.11
Other Amortization	2.5	2.5	3.65	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.15
Asset Writedown	-4,786	-4,855	-1,945	-731.92	-331.69	-86.43
Change in Accounts Receivable	-69.53	-97.95	334.42	-144.42	-55.7	136.71
Change in Accounts Payable	-150.79	-709.43	141.87	-465.92	45.89	256.63
Change in Other Net Operating Assets	322.57	501.61	-502.48	1,081	-112.63	-15.44
Other Operating Activities	1,990	1,491	1,078	1,577	-145.36	-19.64
Operating Cash Flow	618.7	169.55	-1,025	1,947	167.02	615.71
Operating Cash Flow Growth	-	-	-	1065.90%	-72.87%	65197.13%
Acquisition of Real Estate Assets	-88.97	-89.47	-348.01	-1,868	-726.28	-174.27
Sale of Real Estate Assets	0	0	0.31	9.17	5.28	25.7
Net Sale / Acq. of Real Estate Assets	-88.97	-89.47	-347.7	-1,859	-721	-148.57
Investing Cash Flow	-89.15	-89.71	-348.63	-1,861	-722.66	-148.76
Long-Term Debt Issued	-	-	-	-	-	346.15
Total Debt Issued	-	-	-	-	-	346.15
Long-Term Debt Repaid	-	-102.14	-148.72	-193.06	-73.13	-291.72
Total Debt Repaid	-78.01	-102.14	-148.72	-193.06	-73.13	-291.72
Net Debt Issued (Repaid)	-78.01	-102.14	-148.72	-193.06	-73.13	54.42
Issuance of Common Stock	-	-	1,137	-	522.14	262.25
Other Financing Activities	546.59	455.49	769.23	105.63	144.99	22.36
Miscellaneous Cash Flow Adjustments	-334.01	-362	-1,135	-879.09	-	-
Net Cash Flow	664.11	71.2	-751.15	-879.92	38.37	805.98
Cash Interest Paid	0.4	8.36	96.7	49.02	12.49	6.24
Levered Free Cash Flow	2,322	1,994	-3,008	244.35	-188.4	555.91
Unlevered Free Cash Flow	2,322	2,000	-2,925	269.3	-180.22	562.89
Change in Net Working Capital	-704	-1,472	3,181	-113.47	179.43	-564.9

Updated Feb 14, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.