IST:YATAS Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	113.26	179.85	1,011	349.94	256.06
Depreciation & Amortization	1,372	848.69	795.42	550.12	85.42
Other Amortization	-	-	-	13.73	0.94
Loss (Gain) From Sale of Assets	-	-38.12	-3.32	3.33	-
Asset Writedown & Restructuring Costs	106.47	-	-	-	-18.11
Provision & Write-off of Bad Debts	11.8	4.96	-0.21	6.01	0.25
Other Operating Activities	1,553	1,580	1,140	369.81	39.25
Change in Accounts Receivable	-501.91	897.84	-718.8	-532.62	-108.64
Change in Inventory	352.79	-162.95	123.97	-595.96	-313.82
Change in Accounts Payable	1,631	-692.65	185.58	421.63	153.23
Change in Unearned Revenue	-194.19	72.03	92.67	144.57	52.5
Change in Other Net Operating Assets	484.06	-85.27	-144.91	-353.2	-154.9
Operating Cash Flow	4,928	2,604	2,482	377.36	-7.82
Operating Cash Flow Growth	89.23%	4.95%	557.60%	-	-
Capital Expenditures	-2,426	-816.31	-1,386	-698.82	-119.41
Sale of Property, Plant & Equipment	27.05	44.78	80.08	3.42	1.35
Sale (Purchase) of Intangibles	-	-	-	-	-26.59
Sale (Purchase) of Real Estate	-	-0.04	-	-	-
Other Investing Activities	-	-	-	-	2.42
Investing Cash Flow	-2,399	-771.56	-1,306	-695.39	-142.22
Long-Term Debt Issued	8,418	4,753	5,915	2,039	321.24
Long-Term Debt Repaid	-8,967	-5,004	-5,469	-917.39	-285.64
Net Debt Issued (Repaid)	-548.86	-251.39	445.31	1,121	35.6
Repurchase of Common Stock	-	-	-	-1	-10.59
Common Dividends Paid	-	-	-412.82	-199.56	-40.89
Other Financing Activities	-1,181	-1,266	-772.33	-156.7	-13.84
Financing Cash Flow	-1,730	-1,518	-739.84	764.12	-29.72
Foreign Exchange Rate Adjustments	-158.91	50.79	-18.01	5.65	-5.44
Miscellaneous Cash Flow Adjustments	-275.56	-233.46	-471.28	-190.13	-
Net Cash Flow	364.66	132.48	-53.52	261.61	-185.2
Free Cash Flow	2,502	1,788	1,096	-321.46	-127.23
Free Cash Flow Growth	39.93%	63.22%	-	-	-
Free Cash Flow Margin	11.04%	11.05%	5.61%	-2.52%	-4.45%
Free Cash Flow Per Share	-	11.94	7.31	-2.15	-0.85
Cash Interest Paid	-	1,293	788.28	164.76	18.11
Cash Income Tax Paid	-	221.76	407.02	232.64	66.04
Levered Free Cash Flow	-1,381	68.36	-2,307	-1,833	-210.72
Unlevered Free Cash Flow	397.89	929.79	-1,785	-1,722	-189.98
Change in Working Capital	1,772	28.99	-461.49	-915.59	-371.63

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