Viking Kagit ve Selüloz A.S. (IST:VKING)
Turkey · Delayed Price · Currency is TRY 12.39
+0.25 (2.06%)
At close: Nov 13, 2026
IST:VKING Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | -974.61 | -982.79 | -635.26 | -58.97 | 27.86 | -118.25 |
Depreciation & Amortization | 136.2 | 113.03 | 108.37 | 86.44 | 53.42 | 11.58 |
Other Amortization | - | - | - | - | - | 0.26 |
Loss (Gain) From Sale of Assets | - | - | - | 0.37 | -0.06 | -0 |
Loss (Gain) on Equity Investments | - | - | - | - | - | -0.04 |
Provision & Write-off of Bad Debts | 22.59 | 2.54 | - | - | 103.03 | - |
Other Operating Activities | -28.89 | 570.36 | 280.16 | -328.77 | -152.63 | 94.82 |
Change in Accounts Receivable | 97.04 | -28.93 | -30.14 | 150.67 | -48.46 | -13.46 |
Change in Inventory | 192.34 | -19.61 | 46.09 | 51.77 | 51.44 | -22.77 |
Change in Accounts Payable | -176.61 | 7.2 | -272.22 | -353.64 | -43.26 | 27.56 |
Change in Unearned Revenue | -2.8 | 0.85 | -0.42 | 0.22 | -4.64 | 0.94 |
Change in Other Net Operating Assets | -56.95 | -1.07 | 2.93 | 22.41 | -46.74 | -1.25 |
Operating Cash Flow | -791.69 | -338.42 | -500.49 | -429.5 | -60.02 | -20.61 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | 4.15 | -21.79 | -61.48 | -68.19 | -72.02 | -37.73 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 0 |
Sale (Purchase) of Intangibles | -1.55 | -1.55 | - | -1.37 | - | -0.45 |
Other Investing Activities | 9.42 | 18.69 | 23.85 | - | 6.75 | 1.36 |
Investing Cash Flow | 12.02 | -4.66 | -37.63 | -69.56 | -65.27 | -36.83 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Short-Term Debt Issued | - | - | - | - | - | 0.55 |
Long-Term Debt Issued | - | 4,107 | 3,091 | 1,792 | 1,031 | 214.8 |
Total Debt Issued | 3,129 | 4,107 | 3,091 | 1,792 | 1,031 | 215.35 |
Short-Term Debt Repaid | - | - | - | -2 | -4.1 | - |
Long-Term Debt Repaid | - | -3,227 | -1,737 | -1,173 | -675.4 | -127.27 |
Lease Payments | -0.81 | -8.47 | -2.78 | - | - | -0.61 |
Total Debt Repaid | -3,414 | -3,227 | -1,737 | -1,175 | -679.51 | -127.27 |
Net Debt Issued (Repaid) | -284.54 | 879.65 | 1,354 | 616.8 | 351.72 | 88.08 |
Other Financing Activities | 1,072 | -633.92 | -649.17 | -275.36 | -140.6 | -37.45 |
Financing Cash Flow | 787.53 | 245.73 | 704.82 | 341.45 | 211.12 | 50.63 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | 2.36 | 2.36 | 1.09 | -8.53 | - | 4.91 |
Miscellaneous Cash Flow Adjustments | -7.38 | -51.52 | -32.92 | - | - | - |
Net Cash Flow | 2.83 | -146.52 | 134.86 | -166.15 | 85.83 | -1.9 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | -787.54 | -360.22 | -561.98 | -497.69 | -132.04 | -58.35 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -192.20% | -47.38% | -53.03% | -37.22% | -8.97% | -17.16% |
Free Cash Flow Per Share | - | -8.58 | -13.38 | -11.85 | -3.14 | -1.39 |
Levered Free Cash Flow | -1,149 | -878.11 | -785.84 | -322.99 | -189.28 | -10.22 |
Unlevered Free Cash Flow | 94.78 | -62.22 | -158.75 | -128.86 | -85.86 | 13.87 |
Free Cash Flow After Leases | -788.35 | -368.68 | -564.75 | -497.69 | -132.04 | -58.96 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash Interest Paid | 359.51 | 1,136 | 699.53 | 275.37 | 165.46 | 37.45 |
Cash Income Tax Paid | 0.32 | 1.51 | 0.89 | - | - | - |
Change in Working Capital | 53.02 | -41.56 | -253.76 | -128.56 | -91.66 | -8.98 |