IST:YEOTK Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	753.04	896.14	613.29	205.11	51.87	29.91
Depreciation & Amortization	146.97	115.96	47.22	12.46	1.51	0.85
Other Amortization	-	-	-	-	-	0.01
Loss (Gain) From Sale of Assets	0.41	-4.88	-	-	-	-0.24
Loss (Gain) From Sale of Investments	-	-	-	-	-0.23	-
Loss (Gain) on Equity Investments	-	-	-	-1.3	-1.72	-
Provision & Write-off of Bad Debts	11.19	-0.57	0.33	1.48	-1.3	1.91
Other Operating Activities	223.01	122.13	761.05	390.07	15.96	7.57
Change in Accounts Receivable	-3,384	469.22	-2,617	-950.62	-71.23	-17.91
Change in Inventory	-1,103	-28.61	-63.23	-134.7	-10.11	0.94
Change in Accounts Payable	2,071	-98.26	1,227	203.64	49.26	-1.71
Change in Unearned Revenue	1,396	-1,095	1,546	494.71	-48.13	52.33
Change in Other Net Operating Assets	-1,310	-521.83	-407.78	-301.85	-2.93	-66.35
Operating Cash Flow	-1,195	-145.79	1,108	-81.02	-17.06	7.31
Capital Expenditures	-2,025	-403.41	-1,683	-97.49	-13.92	-8.14
Sale of Property, Plant & Equipment	-	-	-	-	-	0.24
Sale (Purchase) of Intangibles	-11.55	-11.55	-0.61	-1.96	-	-
Sale (Purchase) of Real Estate	-	-	-	-89.53	-	-
Investing Cash Flow	-2,036	-414.96	-1,684	-188.97	-13.92	-7.9
Long-Term Debt Issued	-	921.94	1,619	286.11	210.37	66.98
Long-Term Debt Repaid	-	-1.17	-1.35	-0.4	-152.18	-31.43
Net Debt Issued (Repaid)	3,266	920.77	1,618	285.71	58.2	35.56
Issuance of Common Stock	-	-	-	-	75.19	11.58
Common Dividends Paid	-	-	-	-30.82	-	-
Other Financing Activities	-	-	-	-	-0.69	-4.65
Financing Cash Flow	3,266	920.77	1,618	254.89	132.7	42.5
Foreign Exchange Rate Adjustments	5.89	1.12	8.8	3.27	-0.4	-
Miscellaneous Cash Flow Adjustments	-270.98	-361.3	-81.32	-264.75	-	-
Net Cash Flow	-229.67	-0.17	969.1	-276.58	101.32	41.9
Free Cash Flow	-3,220	-549.21	-575.77	-178.5	-30.98	-0.83
Free Cash Flow Margin	-30.38%	-7.24%	-6.25%	-6.05%	-7.02%	-0.33%
Free Cash Flow Per Share	-20.05	-3.42	-1.62	-0.50	-0.10	-0.01
Cash Income Tax Paid	50.24	77.04	17.75	22.85	8.74	1.62
Levered Free Cash Flow	-3,683	-350.24	-889.95	-524.5	-73.53	3.82
Unlevered Free Cash Flow	-3,382	-127.42	-761.63	-482.01	-70.84	4.77
Change in Working Capital	-2,329	-1,275	-314.31	-688.82	-83.15	-32.71

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