IST:CGCAM 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	195.15	200.92	344.6	562.04	250.83
Depreciation & Amortization	69.41	64.85	52.09	40.72	25.37
Asset Writedown & Restructuring Costs	0.32	2.28	-67.14	-	-
Other Operating Activities	416.78	384.09	593.36	375.76	347.45
Change in Accounts Receivable	-56.93	-193.7	-131.18	-364.66	-176.17
Change in Inventory	-93.99	-86.77	-6.15	-101.76	-47.53
Change in Accounts Payable	-26.27	62.91	-42.83	8.6	-13.62
Change in Unearned Revenue	-184.67	14.58	-155.3	140.11	35.56
Change in Other Net Operating Assets	-139.63	-271.05	-310.65	141.93	-53.47
Operating Cash Flow	181.56	178.1	276.81	802.75	368.42
Operating Cash Flow Growth	-77.38%	-35.66%	-65.52%	117.89%	-
Capital Expenditures	-180.12	-141.45	-104.53	-463.53	-434.57
Sale of Property, Plant & Equipment	3.14	2.67	0.07	0.68	0.77
Sale (Purchase) of Intangibles	-30.78	-20.22	-21.43	-12.05	-6.01
Other Investing Activities	-	-	-	-	-0.25
Investing Cash Flow	-207.75	-159	-125.89	-474.9	-440.06
Long-Term Debt Issued	-	2.62	9.19	1.44	311.49
Long-Term Debt Repaid	-	-91.68	-2.38	-173.9	-2.52
Net Debt Issued (Repaid)	-39.62	-89.06	6.81	-172.46	308.97
Issuance of Common Stock	592.57	592.57	-	-	-
Other Financing Activities	-39.09	45.7	-221.28	-7.12	-18.44
Financing Cash Flow	513.87	549.21	-214.47	-179.58	290.53
Miscellaneous Cash Flow Adjustments	-64.52	-9.68	-131.05	-172.64	-73
Net Cash Flow	423.15	558.64	-194.61	-24.37	145.89
Free Cash Flow	1.45	36.65	172.28	339.22	-66.15
Free Cash Flow Growth	-99.57%	-78.72%	-49.21%	-	-
Free Cash Flow Margin	0.07%	1.67%	7.43%	14.58%	-5.71%
Free Cash Flow Per Share	0.01	0.22	1.26	75.38	-14.70
Cash Income Tax Paid	-	24.03	-2.63	-21.38	-28.9
Levered Free Cash Flow	-	-47.74	54.28	-264.97	-
Unlevered Free Cash Flow	-	-17.79	80.27	-220.93	-
Change in Working Capital	-501.48	-474.03	-646.1	-175.77	-255.24

Source: S&P Global Market Intelligence. Standard template. Financial Sources.