IST:VRGYO Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-424.58	831.97	135.23
Depreciation & Amortization	1.25	1.76	1.38
Gain (Loss) on Sale of Assets	-2.16	-1.51	-
Asset Writedown	-14.46	-158.53	-93.92
Change in Accounts Receivable	-1.85	-16.18	-41.64
Change in Accounts Payable	-1.54	-41.3	4.2
Change in Other Net Operating Assets	-435.51	-829.33	10.72
Other Operating Activities	276.94	-701.49	25.97
Operating Cash Flow	-729.38	-866.33	-10.18
Acquisition of Real Estate Assets	-0.03	-40.07	-0.08
Sale of Real Estate Assets	2.23	1.57	1.34
Net Sale / Acq. of Real Estate Assets	2.21	-38.51	1.27
Other Investing Activities	139.05	53.67	-
Investing Cash Flow	141.26	15.16	1.27
Short-Term Debt Issued	176.96	-	-
Total Debt Issued	176.96	-	-
Short-Term Debt Repaid	-25.83	-	-
Total Debt Repaid	-25.83	-	-
Net Debt Issued (Repaid)	151.13	-	-
Issuance of Common Stock	-	1,302	-
Repurchase of Common Stock	-12.87	-	-
Other Financing Activities	-0.8	-0	-
Net Cash Flow	-450.68	450.38	-8.91
Cash Interest Paid	0.8	0	-
Levered Free Cash Flow	-3,719	-1,047	-
Unlevered Free Cash Flow	-3,716	-1,046	-
Change in Net Working Capital	3,723	1,039	-

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