IST:GOZDE Cash Flow Statement

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

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	-6,410	-10,369	-12,714	218.06	7,454	Upgrade
Depreciation & Amortization	0.22	0.17	0.14	0.04	0.01	Upgrade
Loss (Gain) From Sale of Investments	6,337	12,268	13,134	365.47	-7,809	Upgrade
Other Operating Activities	210.4	-986.82	1,367	813.8	294.15	Upgrade
Change in Accounts Receivable	-1.57	-	-	-	-	Upgrade
Change in Accounts Payable	4.06	-268.4	-476.03	-213.5	230.16	Upgrade
Change in Other Net Operating Assets	3,594	-3,330	-94.01	7.26	-29.8	Upgrade
Operating Cash Flow	3,735	-2,686	1,217	1,191	139.76	Upgrade
Operating Cash Flow Growth	-	-	2.19%	752.25%	-	Upgrade
Capital Expenditures	-0.59	-0.01	-0.11	-0.15	-0.01	Upgrade
Investment in Securities	-119.24	2,563	-0.36	5.5	971.31	Upgrade
Other Investing Activities	576.42	2,275	122.01	1.08	18.26	Upgrade
Investing Cash Flow	456.58	4,839	121.55	6.43	989.56	Upgrade
Long-Term Debt Repaid	-3,410	-865.39	-	-353.89	-920.67	Upgrade
Net Debt Issued (Repaid)	-3,410	-865.39	-	-353.89	-920.67	Upgrade
Other Financing Activities	-781.15	-1,287	-1,339	-843.73	-208.64	Upgrade
Financing Cash Flow	-4,191	-2,153	-1,339	-1,198	-1,129	Upgrade
Net Cash Flow	-0.1	0.07	0.06	-0.06	0.01	Upgrade
Free Cash Flow	3,734	-2,686	1,217	1,191	139.75	Upgrade
Free Cash Flow Growth	-	-	2.19%	752.22%	-	Upgrade
Free Cash Flow Margin	804926.27%	-71.26%	930.30%	110152.84%	8.24%	Upgrade
Free Cash Flow Per Share	9.70	-6.98	3.16	3.09	0.36	Upgrade
Cash Interest Paid	781.15	1,287	1,489	764.57	209.66	Upgrade
Levered Free Cash Flow	3,251	-3,488	-1,240	-362.04	68.51	Upgrade
Unlevered Free Cash Flow	3,411	-3,257	-382.53	115.82	202.44	Upgrade
Change in Working Capital	3,597	-3,599	-570.04	-206.25	200.36	Upgrade

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