IST:ZGYO 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	140.55	961.48
Depreciation & Amortization	7.84	2.19
Asset Writedown	-592.57	-1,633
Change in Accounts Receivable	-0.46	-13.05
Change in Accounts Payable	76.76	-6.57
Change in Other Net Operating Assets	568.71	92.86
Other Operating Activities	-34.02	665.06
Operating Cash Flow	114.12	104.4
Operating Cash Flow Growth	9.31%	-
Acquisition of Real Estate Assets	-58.21	-108.86
Sale of Real Estate Assets	2.24	0.45
Net Sale / Acq. of Real Estate Assets	-55.97	-108.41
Investing Cash Flow	-55.97	-108.44
Long-Term Debt Issued	12.55	2.43
Long-Term Debt Repaid	-13.65	-7.47
Net Debt Issued (Repaid)	-1.1	-5.04
Other Financing Activities	-53.38	-1.69
Net Cash Flow	3.67	-10.77
Cash Interest Paid	63.07	6.03
Levered Free Cash Flow	-144.79	-
Unlevered Free Cash Flow	-105.06	-
Change in Working Capital	592.31	108.94