ICBC Turkey Bank A.S. 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	85.4	21.51	1,474	1,401	187.19	Upgrade
Depreciation & Amortization	139.89	170.71	50.53	100.77	36.87	Upgrade
Gain (Loss) on Sale of Investments	-	-	0.03	0.08	0.07	Upgrade
Change in Trading Asset Securities	-	-	-6.37	66.38	-17.25	Upgrade
Change in Other Net Operating Assets	5,998	8,316	-7,447	-7,291	-4,442	Upgrade
Other Operating Activities	-164.26	-3,261	-86.63	622.92	523.34	Upgrade
Operating Cash Flow	6,059	5,247	-6,016	-5,100	-3,712	Upgrade
Operating Cash Flow Growth	15.48%	-	-	-	-	Upgrade
Capital Expenditures	-	-71.97	-117.16	-78.54	-18.78	Upgrade
Sale of Property, Plant and Equipment	27.94	-	-	2.03	-	Upgrade
Investment in Securities	1,664	2,853	-9,225	-1,678	-1,318	Upgrade
Other Investing Activities	60.15	24.89	-128.72	-373.42	2.52	Upgrade
Investing Cash Flow	1,752	2,806	-9,471	-2,128	-1,334	Upgrade
Long-Term Debt Repaid	-96.97	-80.35	-59.76	-36.72	-1.83	Upgrade
Net Debt Issued (Repaid)	-96.97	-80.35	-59.76	-36.72	-1.83	Upgrade
Issuance of Common Stock	4,266	-	-	-	-	Upgrade
Net Increase (Decrease) in Deposit Accounts	1,796	-10,610	19,805	7,770	4,671	Upgrade
Financing Cash Flow	5,965	-10,690	19,745	7,733	4,669	Upgrade
Foreign Exchange Rate Adjustments	-398.58	741.69	2,047	701.07	1,355	Upgrade
Net Cash Flow	13,378	-1,895	6,306	1,207	977.61	Upgrade
Free Cash Flow	6,059	5,175	-6,133	-5,179	-3,731	Upgrade
Free Cash Flow Growth	17.08%	-	-	-	-	Upgrade
Free Cash Flow Margin	172.80%	191.64%	-149.96%	-180.19%	-374.74%	Upgrade
Free Cash Flow Per Share	7.05	6.02	-7.13	-6.02	-4.34	Upgrade
Cash Interest Paid	7,107	10,051	4,909	1,522	614.81	Upgrade
Cash Income Tax Paid	245.55	227.9	76.57	36.7	21.15	Upgrade

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