IST:VKGYO Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	758.01	780.51	3,975	1,928	1,747	474.69
Depreciation & Amortization	3.77	3.84	3.3	1.77	2.97	0.54
Other Amortization	0.74	0.91	3.27	3.65	-	-
Asset Writedown	-815.82	-725.47	-6,354	-1,945	-731.92	-331.69
Change in Accounts Receivable	-253.27	-308.55	-128.2	334.42	-144.42	-55.7
Change in Accounts Payable	144.87	112.51	-928.58	141.87	-465.92	45.89
Change in Other Net Operating Assets	578.74	639.76	693.85	-502.48	1,081	-112.63
Other Operating Activities	912.57	1,051	2,523	1,078	1,577	-145.36
Operating Cash Flow	1,099	2,091	829.07	-1,025	1,947	167.02
Operating Cash Flow Growth	-27.55%	152.20%	-	-	1065.90%	-72.87%
Acquisition of Real Estate Assets	-134.48	-133.48	-117.11	-348.01	-1,868	-726.28
Sale of Real Estate Assets	0.05	0.05	0	0.31	9.17	5.28
Net Sale / Acq. of Real Estate Assets	-134.43	-133.43	-117.11	-347.7	-1,859	-721
Investing Cash Flow	-134.92	-133.92	-117.42	-348.63	-1,861	-722.66
Long-Term Debt Repaid	-	-11.25	-133.69	-148.72	-193.06	-73.13
Total Debt Repaid	2.65	-11.25	-133.69	-148.72	-193.06	-73.13
Net Debt Issued (Repaid)	2.65	-11.25	-133.69	-148.72	-193.06	-73.13
Issuance of Common Stock	-	-	-	1,137	-	522.14
Other Financing Activities	-1.02	-1.4	-10.95	769.23	105.63	144.99
Miscellaneous Cash Flow Adjustments	-681.76	-563.25	-473.83	-1,135	-879.09	-
Net Cash Flow	284.33	1,381	93.19	-751.15	-879.92	38.37
Cash Interest Paid	1.02	1.4	10.95	96.7	49.02	12.49
Cash Income Tax Paid	197.54	147.32	37.28	-	-	-
Levered Free Cash Flow	-1,523	1,278	825.41	-3,417	244.35	-188.4
Unlevered Free Cash Flow	-1,522	1,279	832.52	-3,333	269.3	-180.22
Change in Working Capital	240.07	979.95	678.7	-2,092	-648.7	168.16