IST:YYLGD 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	903.38	1,393	664.86	484.4	418.43
Depreciation & Amortization	294.6	262.72	160.3	50.15	23.85
Other Amortization	1.33	2.48	2.7	1.85	0.49
Loss (Gain) From Sale of Assets	-	-	-	-0.04	-90.81
Asset Writedown & Restructuring Costs	-	-	-39.4	-36.73	-11.59
Loss (Gain) From Sale of Investments	-181.51	-5,127	-2,096	-316.07	-211.26
Provision & Write-off of Bad Debts	2.1	63.41	-4.95	6.93	-20.78
Other Operating Activities	-2,195	-887.06	435.6	1,628	298.59
Change in Accounts Receivable	-121.78	-551.97	-302.5	-326.42	-18.18
Change in Inventory	-498.07	2,629	570.88	-1,809	-390.86
Change in Accounts Payable	4,841	237.89	-142.92	-25.8	181.71
Change in Unearned Revenue	-	-	385.2	61.3	57.18
Change in Other Net Operating Assets	3,024	2,838	-3,630	-976.36	56.22
Operating Cash Flow	6,070	860.25	-3,996	-1,258	321.03
Operating Cash Flow Growth	605.56%	-	-	-	-
Capital Expenditures	-2,850	-3,653	-1,959	-352.91	-19.89
Sale of Property, Plant & Equipment	1.5	-	2.43	40.21	112.73
Sale (Purchase) of Intangibles	-30.24	-9	-14.31	-1.49	-0.35
Sale (Purchase) of Real Estate	-	131.87	-	-	-
Other Investing Activities	70.94	214.07	-253.09	-160.39	6.47
Investing Cash Flow	-2,808	-3,316	-2,224	-474.58	98.96
Long-Term Debt Issued	-	2,377	7,444	1,512	445.94
Long-Term Debt Repaid	-2,667	-	-	-	-
Net Debt Issued (Repaid)	-2,667	2,377	7,444	1,512	445.94
Issuance of Common Stock	-	-	-	1,020	37.5
Repurchase of Common Stock	-20.91	-177.15	-168.25	-	-
Common Dividends Paid	-	-	-265.68	-	-
Other Financing Activities	-1,843	-1,060	-1,455	-668.98	-120.43
Financing Cash Flow	-4,531	1,140	5,555	1,863	363.01
Miscellaneous Cash Flow Adjustments	284.68	658.57	776.28	-	-
Net Cash Flow	-984.28	-656.69	111.58	130.83	783
Free Cash Flow	3,219	-2,792	-5,955	-1,611	301.14
Free Cash Flow Margin	14.30%	-17.98%	-25.19%	-6.97%	6.72%
Free Cash Flow Per Share	3.02	-2.61	-5.49	-1.48	0.30
Cash Interest Paid	2,843	2,358	1,638	722.96	120.43
Cash Income Tax Paid	88.63	0.39	183.87	0.87	18.85
Levered Free Cash Flow	-984.89	-6,575	-1,147	-3,971	162.49
Unlevered Free Cash Flow	-296.38	-5,102	-123	-3,519	238.02
Change in Working Capital	7,245	5,153	-3,119	-3,076	-85.89

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