Garanti Faktoring 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	2019 - 2015
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	2019 - 2015
Net Income	1,942	1,438	1,045	350.74	131.94	50.15	Upgrade
Depreciation & Amortization	5.56	4.76	3.52	2.64	2.82	3.08	Upgrade
Other Amortization	30.24	13.13	4.68	6.68	7.04	6.19	Upgrade
Change in Other Net Operating Assets	-2,978	208.01	-3,218	-673.85	-83.81	-635.46	Upgrade
Other Operating Activities	674.65	416.47	724.2	429.73	141.18	46.27	Upgrade
Operating Cash Flow	-325.9	2,080	-1,441	115.94	199.16	-529.77	Upgrade
Operating Cash Flow Growth	-	-	-	-41.78%	-	-	Upgrade
Capital Expenditures	-8.13	-0.23	-0.01	-0.01	-0.05	-0.22	Upgrade
Sale of Property, Plant & Equipment	-0.21	-	0.02	0.08	0.02	0.05	Upgrade
Sale (Purchase) of Intangibles	-96.49	-64.53	-22.83	-6.6	-6.85	-8.01	Upgrade
Investment in Securities	-	-	-	-	-	-39.66	Upgrade
Investing Cash Flow	-104.83	-64.76	-22.82	-6.53	-6.89	-47.84	Upgrade
Long-Term Debt Issued	-	3,096	2,597	2,421	1,901	811.32	Upgrade
Long-Term Debt Repaid	-	-5,139	-1,123	-2,608	-1,999	-237.57	Upgrade
Net Debt Issued (Repaid)	417.39	-2,043	1,473	-186.58	-98	573.75	Upgrade
Financing Cash Flow	417.39	-2,043	1,473	-186.58	-98	573.75	Upgrade
Foreign Exchange Rate Adjustments	6.75	5.56	19.23	9.3	8.49	3.87	Upgrade
Net Cash Flow	-6.59	-21.6	29.29	-67.86	102.76	0	Upgrade
Free Cash Flow	-334.03	2,080	-1,441	115.93	199.1	-529.99	Upgrade
Free Cash Flow Growth	-	-	-	-41.77%	-	-	Upgrade
Free Cash Flow Margin	-10.56%	89.79%	-81.32%	20.70%	110.86%	-2277.65%	Upgrade
Free Cash Flow Per Share	-0.84	5.23	-3.62	0.29	0.50	-1.33	Upgrade
Cash Interest Paid	4,995	3,115	1,861	474.09	314.43	181.13	Upgrade
Cash Income Tax Paid	752.58	458.54	372.33	90.09	2.74	3.42	Upgrade

Source: S&P Capital IQ. Financial Services template. Financial Sources.