IST:BMSTL 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
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-74.04	-11.15	16.89	123.28	51.01
Depreciation & Amortization	64.7	52.26	36.15	20.68	10.97
Asset Writedown & Restructuring Costs	-1.67	-1.67	1.83	-0.55	11.99
Provision & Write-off of Bad Debts	-	-	0.31	2.53	0.06
Other Operating Activities	97.65	75.21	4.56	8.33	23.7
Change in Accounts Receivable	-32.92	39.81	-48.97	-57.18	-47.43
Change in Inventory	-43.5	-139.14	-60.8	-83.52	-91.22
Change in Accounts Payable	-118.2	-59.35	108.71	-42.22	93.3
Change in Unearned Revenue	9.85	1.09	3.56	-2.68	-4.06
Change in Other Net Operating Assets	14.62	-47.45	-53.77	-23.31	5.61
Operating Cash Flow	-83.94	-90.39	8.48	-54.62	53.93
Capital Expenditures	-228.08	-249.84	-250.46	-25.43	-1.22
Sale of Property, Plant & Equipment	1.74	4.83	25.67	2.08	1.41
Sale (Purchase) of Intangibles	-0.19	-0.57	-0.16	-1.08	-0.13
Investing Cash Flow	-226.54	-245.58	-224.94	-24.44	1.51
Long-Term Debt Issued	-	488.49	849.02	513.9	251.48
Long-Term Debt Repaid	-	-212.95	-751.34	-457.19	-199.57
Net Debt Issued (Repaid)	272.27	275.54	97.68	56.71	51.91
Issuance of Common Stock	-	-	-	104.26	0.76
Repurchase of Common Stock	-	-	-13.65	-	-
Common Dividends Paid	-	-	-11	-	-
Other Financing Activities	-70.88	-66.78	-32.88	-28.53	-33
Financing Cash Flow	201.39	208.76	40.15	132.44	19.67
Foreign Exchange Rate Adjustments	138.18	136.7	126.63	12.26	-46.01
Net Cash Flow	29.09	9.49	-49.69	65.64	29.09
Free Cash Flow	-312.03	-340.23	-241.98	-80.05	52.7
Free Cash Flow Margin	-16.35%	-19.01%	-17.53%	-7.19%	9.49%
Free Cash Flow Per Share	-	-2.27	-1.61	-0.53	10.70
Cash Interest Paid	75.94	75.94	42.12	32.16	33.07
Cash Income Tax Paid	8.9	8.9	6.11	-3.75	10.42
Levered Free Cash Flow	-309.69	-384.22	-201.38	-115.33	-
Unlevered Free Cash Flow	-251.39	-336.76	-175.05	-95.24	-
Change in Net Working Capital	121.62	186.52	23.8	172.63	-

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.