IST:YKSLN 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	-187.74	-485.58	-213.02	52.1	109.14
Depreciation & Amortization	76.03	28.31	32.19	12.96	4.37
Loss (Gain) From Sale of Assets	-7.62	-	-	-	-
Provision & Write-off of Bad Debts	24.69	-	-	-	0.51
Other Operating Activities	165.25	1,124	322.27	-26.56	42.75
Change in Accounts Receivable	289.42	583.9	1,265	176.61	-225.89
Change in Inventory	412.36	318.94	214.21	-225.93	-51.1
Change in Accounts Payable	-	-8.4	-402.58	0	38.7
Change in Unearned Revenue	5.68	-5.23	-46.26	14	4.18
Change in Other Net Operating Assets	38.67	197.2	453.33	-322.82	-29.35
Operating Cash Flow	816.74	1,753	1,625	-319.63	-106.68
Operating Cash Flow Growth	-53.42%	7.87%	-	-	-
Capital Expenditures	-106.76	-122.03	-111.58	-38.41	-22.48
Sale of Property, Plant & Equipment	61.6	18.55	10.93	0.91	-
Sale (Purchase) of Intangibles	-0.25	-0.18	-0.01	-0.12	-
Investment in Securities	-0.3	-	-1.75	-0.02	-
Other Investing Activities	67.47	-55.99	61.14	-	0.17
Investing Cash Flow	21.76	-159.65	-41.27	-37.64	-22.31
Long-Term Debt Issued	174.53	436.85	1,860	5,353	392.71
Long-Term Debt Repaid	-996.43	-1,299	-2,906	-4,717	-252.22
Net Debt Issued (Repaid)	-821.9	-862.05	-1,046	636.62	140.49
Issuance of Common Stock	249.33	-	-	-	8.3
Common Dividends Paid	-	-	-45.95	-	-
Other Financing Activities	-88.27	-667.89	-182.06	-123.78	-19.25
Financing Cash Flow	-660.85	-1,530	-1,274	512.84	129.54
Miscellaneous Cash Flow Adjustments	-170.06	-317.55	-335.9	-	-
Net Cash Flow	7.59	-253.84	-25.88	155.56	0.55
Free Cash Flow	709.98	1,631	1,514	-358.04	-129.16
Free Cash Flow Growth	-56.48%	7.76%	-	-	-
Free Cash Flow Margin	62.76%	80.18%	74.18%	-12.45%	-19.03%
Free Cash Flow Per Share	1.42	6.53	6.05	-1.43	-0.52
Cash Interest Paid	184.45	610.74	254.43	128.87	19.25
Cash Income Tax Paid	-1.45	1.84	-	-	14.44
Levered Free Cash Flow	441.5	-48.6	83.3	-698.95	-166.36
Unlevered Free Cash Flow	556.78	210.11	249.7	-618.39	-153.68
Change in Working Capital	746.12	1,086	1,484	-358.14	-263.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.