IST:SNGYO 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	5,253	5,233	1,688	5,960	3,200	150.33	Upgrade
Depreciation & Amortization	45.16	32.86	27.66	32.85	4.86	10	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-240.86	-	Upgrade
Asset Writedown	-5,291	-5,291	-1,209	-6,215	-3,778	-702.94	Upgrade
Income (Loss) on Equity Investments	-67.4	-72.99	-15.18	0.45	-0.75	-0.53	Upgrade
Change in Accounts Receivable	-1,325	-1,286	-418.12	1,007	-52.85	10.41	Upgrade
Change in Accounts Payable	960.29	621.15	165.2	-326.1	-61.9	73.84	Upgrade
Change in Other Net Operating Assets	-231.62	89.97	-37.25	2,137	-621.78	-42.63	Upgrade
Other Operating Activities	9,864	10,532	2,045	1,927	2,387	1,089	Upgrade
Operating Cash Flow	393.8	1,685	4,615	2,729	1,933	798.6	Upgrade
Operating Cash Flow Growth	-85.62%	-63.48%	69.07%	41.17%	142.11%	884.41%	Upgrade
Acquisition of Real Estate Assets	-1,358	-950.25	-1,213	-537.26	-586.79	-93.54	Upgrade
Sale of Real Estate Assets	765.62	0.03	1,344	1,731	2.34	0.25	Upgrade
Net Sale / Acq. of Real Estate Assets	-592.05	-950.22	131.32	1,194	-584.45	-93.29	Upgrade
Cash Acquisition	-	-	-	-7.49	-	-	Upgrade
Investment in Marketable & Equity Securities	23.65	-	-	-	-	-	Upgrade
Investing Cash Flow	-568.4	-950.22	574.92	1,186	352.2	-93.29	Upgrade
Long-Term Debt Issued	-	1,688	5,771	2,189	4,359	1,777	Upgrade
Long-Term Debt Repaid	-	-1,110	-8,527	-4,368	-6,158	-2,465	Upgrade
Net Debt Issued (Repaid)	1,330	578.54	-2,757	-2,179	-1,799	-688.06	Upgrade
Other Financing Activities	-1,141	-1,575	-2,326	-1,142	-36.76	-17.58	Upgrade
Miscellaneous Cash Flow Adjustments	-13.64	-161.5	-270.45	-1,528	-	-	Upgrade
Net Cash Flow	0.92	-422.81	-163.69	-932.86	449.79	-0.33	Upgrade
Cash Interest Paid	1,141	1,575	2,326	1,142	116.02	17.58	Upgrade
Levered Free Cash Flow	-5,878	608.37	-5,234	-5,252	439.05	727.44	Upgrade
Unlevered Free Cash Flow	-4,568	1,645	-3,377	-3,530	737.9	850.81	Upgrade
Change in Working Capital	-9,409	-8,749	2,079	1,025	361.64	252.88	Upgrade

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