Ziraat Gayrimenkul Yatirim Ortakligi A.S. (IST:ZRGYO)
Turkey · Delayed Price · Currency is TRY 19.49
-0.05 (-0.26%)
At close: Sep 3, 2026
IST:ZRGYO Cash Flow Statement
Financials in millions TRY. Fiscal year is January - December.
Millions TRY. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 5,709 | 7,556 | 4,002 | 5,989 | 9,112 | 1,320 |
Depreciation & Amortization | 2.58 | 1.56 | 13.45 | 8.61 | 6.01 | 0.93 |
Asset Writedown | -8,343 | -8,343 | -6,944 | -6,691 | -10,472 | -1,047 |
Income (Loss) on Equity Investments | - | - | - | - | - | -0.41 |
Change in Accounts Receivable | 146.27 | 172.58 | 357.68 | -779.28 | -17.42 | -1.91 |
Change in Accounts Payable | -0.35 | 221.19 | 72.35 | 293.3 | -13.53 | 152.16 |
Change in Other Net Operating Assets | 350.4 | 502.12 | -86.29 | 363.1 | 698.59 | -195 |
Other Operating Activities | 6,807 | 4,037 | 5,578 | -257.79 | 741.78 | -86.27 |
Operating Cash Flow | 942.84 | 1,286 | 3,870 | -1,010 | 124.36 | 180.85 |
Operating Cash Flow Growth | -70.59% | -66.77% | - | - | -31.24% | 77.94% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Acquisition of Real Estate Assets | -2,590 | -2,851 | -3,731 | -4,543 | -3,329 | -1,238 |
Sale of Real Estate Assets | 573.13 | 746.44 | 1,464 | 4,184 | 301.87 | 0.04 |
Net Sale / Acq. of Real Estate Assets | -2,017 | -2,105 | -2,267 | -359.36 | -3,027 | -1,238 |
Investment in Marketable & Equity Securities | - | - | - | 537.8 | - | - |
Investing Cash Flow | -2,017 | -2,105 | -2,267 | 178.45 | -3,027 | -1,238 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 4,335 | 2,892 | 4,311 | 1,911 | 201.25 |
Total Debt Issued | 5,351 | 4,335 | 2,892 | 4,311 | 1,911 | 201.25 |
Long-Term Debt Repaid | - | -1,665 | -1,231 | -309.72 | -1.37 | -402.77 |
Lease Payments | - | - | -4.71 | -3.34 | -1.37 | -1.49 |
Total Debt Repaid | -1,575 | -1,665 | -1,231 | -309.72 | -1.37 | -402.77 |
Net Debt Issued (Repaid) | 3,776 | 2,670 | 1,661 | 4,001 | 1,910 | -201.52 |
Issuance of Common Stock | - | - | - | - | 0.59 | 1,851 |
Common Dividends Paid | -469.72 | -397.73 | -297.5 | -38.21 | -29.92 | - |
Other Financing Activities | -2,040 | -2,168 | -3,034 | -876.07 | -25.77 | -20.76 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 78.66 | 69.64 | 45.68 | 31.6 | 1.65 | 1.6 |
Miscellaneous Cash Flow Adjustments | 33.05 | -134.5 | -1,186 | -380.41 | - | - |
Net Cash Flow | 303.7 | -778.96 | -1,208 | 1,907 | -1,046 | 573.64 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Levered Free Cash Flow | -3,070 | -403.39 | -270.92 | -763.05 | 203.34 | 185.84 |
Unlevered Free Cash Flow | -1,748 | 1,008 | 1,666 | -215.29 | 243.17 | 188.49 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 2,040 | 2,168 | 3,034 | 876.07 | 25.77 | 20.76 |
Change in Working Capital | -3,233 | -1,966 | 1,221 | -58.61 | 737.03 | -6.48 |