IST:OZGYO 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	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	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	-743.36	-732.55	-9.44	1,000	618.43	11.13	Upgrade
Depreciation & Amortization	3.02	2.61	3.23	1.41	0.48	0.44	Upgrade
Gain (Loss) on Sale of Assets	-0.8	-	-0.1	-	-	0.02	Upgrade
Asset Writedown	437.88	437.88	63.32	-970.62	-577.92	-46.86	Upgrade
Change in Accounts Receivable	217.1	1.58	8.35	3.21	-64.96	3.72	Upgrade
Change in Accounts Payable	1.81	0.07	0.02	0.01	0.04	-8.98	Upgrade
Change in Other Net Operating Assets	3.47	2.84	4.75	7.86	2.17	14.22	Upgrade
Other Operating Activities	456.83	395.71	173.57	49.64	-0.3	30.38	Upgrade
Operating Cash Flow	358.34	108.38	246.63	93.6	-14.45	13.81	Upgrade
Operating Cash Flow Growth	726.70%	-56.06%	163.49%	-	-	-	Upgrade
Acquisition of Real Estate Assets	-388.52	-339.69	-0.07	-0.01	-0	-0.07	Upgrade
Sale of Real Estate Assets	30.74	12.96	35.59	49.9	52.18	52.93	Upgrade
Net Sale / Acq. of Real Estate Assets	-357.78	-326.74	35.51	49.89	52.18	52.86	Upgrade
Investment in Marketable & Equity Securities	242.79	245.44	-229.38	-145.15	-	-	Upgrade
Other Investing Activities	-81.74	-	-	-	-	-0.36	Upgrade
Investing Cash Flow	-196.73	-81.3	-193.86	-95.27	52.18	52.49	Upgrade
Short-Term Debt Issued	-	-	0.45	-	-	-	Upgrade
Long-Term Debt Issued	-	-	-	-	0.08	0.24	Upgrade
Total Debt Issued	-0.03	-	0.45	-	0.08	0.24	Upgrade
Short-Term Debt Repaid	-	-0.34	-	-0.03	-14.05	-	Upgrade
Long-Term Debt Repaid	-	-1.73	-1.62	-0.45	-	-69.46	Upgrade
Total Debt Repaid	-2.4	-2.08	-1.62	-0.48	-14.05	-69.46	Upgrade
Net Debt Issued (Repaid)	-2.43	-2.08	-1.18	-0.48	-13.97	-69.22	Upgrade
Repurchase of Common Stock	-69.05	-	-46.94	-1.05	-26.31	-	Upgrade
Foreign Exchange Rate Adjustments	7.64	1.55	0.27	-	-	-	Upgrade
Net Cash Flow	97.78	26.55	4.92	-3.19	-2.55	-2.92	Upgrade
Levered Free Cash Flow	35.55	-6.46	19.92	42.79	31.48	64.92	Upgrade
Unlevered Free Cash Flow	39.01	-2.1	22.83	45.04	32.63	69.06	Upgrade
Change in Working Capital	204.77	4.73	16.05	12.77	-55.14	18.71	Upgrade

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