IST:ORGE Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	691.19	315.15	138.23	103.96	54.58	Upgrade
Depreciation & Amortization	12.27	8.67	4.82	1.34	1.17	Upgrade
Loss (Gain) From Sale of Assets	-0.24	-	-	-0.05	1.53	Upgrade
Asset Writedown & Restructuring Costs	36.85	11.18	-50.16	-31.58	-4.59	Upgrade
Provision & Write-off of Bad Debts	-	-	-	0.23	0.03	Upgrade
Other Operating Activities	123.93	39.8	20.85	9.25	8.23	Upgrade
Change in Accounts Receivable	-789.62	-703.83	-0.6	-148.09	-6.75	Upgrade
Change in Inventory	26.71	189.59	-24.36	-39.93	4.09	Upgrade
Change in Accounts Payable	-189.93	150.35	-97.51	91.12	0.1	Upgrade
Change in Unearned Revenue	-	-	-	-	-46.68	Upgrade
Change in Other Net Operating Assets	10.87	-4.5	-38.22	-7.45	-1.63	Upgrade
Operating Cash Flow	-77.97	6.41	-46.96	-21.19	10.07	Upgrade
Capital Expenditures	-23.01	-16.62	-2.96	-1.76	-0.73	Upgrade
Sale of Property, Plant & Equipment	0.24	-	-	0.1	0.15	Upgrade
Investing Cash Flow	59.29	-16.62	-2.96	-1.66	8.43	Upgrade
Long-Term Debt Issued	54.9	148.13	104.5	-	35.59	Upgrade
Long-Term Debt Repaid	-162.09	-39.52	-0.64	-11	-0.33	Upgrade
Net Debt Issued (Repaid)	-107.19	108.61	103.86	-11	35.26	Upgrade
Issuance of Common Stock	-	13.9	18.63	-	-	Upgrade
Repurchase of Common Stock	-61.9	-	-	-	-	Upgrade
Other Financing Activities	-61.26	-55.93	-56.2	-6.22	-6.72	Upgrade
Financing Cash Flow	-230.34	66.59	66.29	-17.21	28.54	Upgrade
Foreign Exchange Rate Adjustments	91.96	57.08	-	-	-	Upgrade
Net Cash Flow	-157.06	113.46	16.37	-40.07	47.04	Upgrade
Free Cash Flow	-100.98	-10.21	-49.92	-22.95	9.34	Upgrade
Free Cash Flow Margin	-2.94%	-0.36%	-3.55%	-7.43%	5.66%	Upgrade
Free Cash Flow Per Share	-1.26	-0.13	-0.62	-0.29	0.12	Upgrade
Cash Interest Paid	61.26	55.93	56.2	6.22	7.15	Upgrade
Cash Income Tax Paid	17.05	13.58	-3.15	10.32	2.86	Upgrade
Levered Free Cash Flow	154.72	-52.82	-394.08	-47.59	-16.23	Upgrade
Unlevered Free Cash Flow	217.95	8.63	-354.76	-43.48	-10.31	Upgrade
Change in Net Working Capital	956.27	727.02	704.31	109.76	47.94	Upgrade

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.