Türkiye Sigorta A.S. 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	17,528	12,781	6,186	962.4	1,086	1,161	Upgrade
Depreciation & Amortization	132.6	108.38	67.33	39.59	28.19	20.29	Upgrade
Other Amortization	0.19	0.19	0.25	0.77	2.7	3.45	Upgrade
Other Operating Activities	-5,989	-10,231	806.44	3,035	-478	-492.62	Upgrade
Operating Cash Flow	11,672	2,659	7,060	4,038	639.16	692.58	Upgrade
Operating Cash Flow Growth	-	-62.34%	74.85%	531.72%	-7.71%	31.53%	Upgrade
Capital Expenditures	-281.35	-69.03	-122.46	-75.81	-29.5	-19.71	Upgrade
Sale of Property, Plant & Equipment	30.03	4.18	2.95	14.7	7.82	4.88	Upgrade
Purchase / Sale of Intangible Assets	-92.69	-163.12	-43.22	-21.79	-19.54	-8.92	Upgrade
Investment in Securities	-49,031	-7,394	-11,604	-4,665	-2,046	213.45	Upgrade
Other Investing Activities	19,880	13,107	9,819	1,315	1,722	724.65	Upgrade
Investing Cash Flow	-29,495	5,485	-1,948	-3,432	-364.29	914.35	Upgrade
Total Debt Repaid	-98.64	-32.86	-25.32	-12.65	-7.43	-7.83	Upgrade
Net Debt Issued (Repaid)	-98.64	-32.86	-25.32	-12.65	-7.43	-7.83	Upgrade
Issuance of Common Stock	-	7.07	-	-	-	-	Upgrade
Common Dividends Paid	-3,000	-1,000	-155.56	-530.22	-493	-560.86	Upgrade
Other Financing Activities	15,192	-15,586	13,402	1,871	-	-	Upgrade
Financing Cash Flow	12,094	-16,612	13,221	1,328	-500.43	-568.69	Upgrade
Foreign Exchange Rate Adjustments	379.68	575.38	157.59	210.27	282.18	46.64	Upgrade
Net Cash Flow	-5,350	-7,892	18,491	2,144	56.62	1,085	Upgrade
Free Cash Flow	11,390	2,590	6,938	3,962	609.66	672.87	Upgrade
Free Cash Flow Growth	-	-62.67%	75.11%	549.85%	-9.39%	36.33%	Upgrade
Free Cash Flow Margin	14.04%	4.32%	24.04%	39.45%	11.20%	14.74%	Upgrade
Free Cash Flow Per Share	1.14	0.26	0.69	0.40	0.06	0.07	Upgrade
Cash Income Tax Paid	3,896	3,845	1,273	391.06	232.72	165.57	Upgrade
Levered Free Cash Flow	-7,247	-10,051	17,577	2,460	297.67	1,254	Upgrade
Unlevered Free Cash Flow	-7,247	-10,051	17,577	2,460	297.67	1,254	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.