IST:YEOTK 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	1,478	896.14	613.29	205.11	51.87
Depreciation & Amortization	178.84	115.96	47.22	12.46	1.51
Loss (Gain) From Sale of Assets	-	-4.88	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	-	-0.23
Loss (Gain) on Equity Investments	-500.33	-	-	-1.3	-1.72
Provision & Write-off of Bad Debts	43.25	-0.57	0.33	1.48	-1.3
Other Operating Activities	641.03	122.13	761.05	390.07	15.96
Change in Accounts Receivable	-8,169	469.22	-2,617	-950.62	-71.23
Change in Inventory	-514.99	-28.61	-63.23	-134.7	-10.11
Change in Accounts Payable	-	-98.26	1,227	203.64	49.26
Change in Unearned Revenue	3,325	-1,095	1,546	494.71	-48.13
Change in Other Net Operating Assets	3,998	-521.83	-407.78	-301.85	-2.93
Operating Cash Flow	479.9	-145.79	1,108	-81.02	-17.06
Capital Expenditures	-3,083	-403.41	-1,683	-97.49	-13.92
Sale (Purchase) of Intangibles	-	-11.55	-0.61	-1.96	-
Sale (Purchase) of Real Estate	-	-	-	-89.53	-
Investing Cash Flow	-3,083	-414.96	-1,684	-188.97	-13.92
Long-Term Debt Issued	3,990	921.94	1,619	286.11	210.37
Long-Term Debt Repaid	-15.4	-1.17	-1.35	-0.4	-152.18
Net Debt Issued (Repaid)	3,974	920.77	1,618	285.71	58.2
Issuance of Common Stock	-	-	-	-	75.19
Common Dividends Paid	-	-	-	-30.82	-
Other Financing Activities	-621.81	-	-	-	-0.69
Financing Cash Flow	3,352	920.77	1,618	254.89	132.7
Foreign Exchange Rate Adjustments	-33.6	1.12	8.8	3.27	-0.4
Miscellaneous Cash Flow Adjustments	-363.23	-361.3	-81.32	-264.75	-
Net Cash Flow	352.3	-0.17	969.1	-276.58	101.32
Free Cash Flow	-2,603	-549.21	-575.77	-178.5	-30.98
Free Cash Flow Margin	-15.56%	-7.24%	-6.25%	-6.05%	-7.02%
Free Cash Flow Per Share	-	-3.42	-1.62	-0.50	-0.10
Cash Income Tax Paid	-	77.04	17.75	22.85	8.74
Levered Free Cash Flow	-3,131	-350.24	-889.95	-524.5	-73.53
Unlevered Free Cash Flow	-2,129	-127.42	-761.63	-482.01	-70.84
Change in Working Capital	-1,361	-1,275	-314.31	-688.82	-83.15

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