IST:MEKAG 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
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
Net Income	-25.55	-86.89	158.18	77.13	35.61	41.35
Depreciation & Amortization	67.57	61.04	43.08	20.04	3.16	2.38
Other Amortization	14.28	4.35	2.67	1	0.1	0
Loss (Gain) From Sale of Assets	-1.2	-1.93	-14	-79.22	-1.02	-3.41
Asset Writedown & Restructuring Costs	15.62	15.62	2.4	1.12	-	-
Provision & Write-off of Bad Debts	-	-	-	-	0.88	0.14
Other Operating Activities	-27.19	-37.66	-132.68	20.96	-4.93	-9.14
Change in Accounts Receivable	138.48	20.16	-150.73	-66.47	-3.53	13.79
Change in Inventory	-99.8	-90.76	-56.31	-24.95	-48.02	-32.3
Change in Accounts Payable	-166.4	-51.69	-212.46	-30.96	31.13	7.38
Change in Unearned Revenue	97.72	-96.59	62.23	2.34	43.03	0.57
Change in Other Net Operating Assets	202.81	296.75	477.29	66.51	-15.67	11.48
Operating Cash Flow	555.11	-12.93	-51.08	-12.65	40.71	32.24
Operating Cash Flow Growth	-	-	-	-	26.28%	-
Capital Expenditures	-24.88	-136.47	-110.42	-57.17	-10.55	-5.09
Sale of Property, Plant & Equipment	11.73	9.81	16.15	136.36	1.07	3.6
Sale (Purchase) of Intangibles	-74.82	-44.44	-54.16	-15.61	-5.43	-
Investing Cash Flow	-87.97	-171.11	-148.43	63.57	-14.91	-1.49
Long-Term Debt Issued	-	540.52	270.49	-	-	-
Long-Term Debt Repaid	-	-488.67	-330.1	-10.2	-3.7	-15.35
Net Debt Issued (Repaid)	-226.72	51.85	-59.61	-10.2	-3.7	-15.35
Issuance of Common Stock	-	-	454.81	-	-	-
Financing Cash Flow	-226.72	51.85	395.2	-10.2	-3.7	-15.35
Miscellaneous Cash Flow Adjustments	-32.09	-84.21	-65.51	-48.01	-	-
Net Cash Flow	208.33	-216.4	130.18	-7.28	22.11	15.4
Free Cash Flow	530.23	-149.4	-161.5	-69.82	30.17	27.15
Free Cash Flow Growth	-	-	-	-	11.13%	-
Free Cash Flow Margin	27.05%	-7.28%	-7.38%	-5.12%	8.53%	13.17%
Free Cash Flow Per Share	1.72	-0.19	-0.24	-0.11	0.05	0.12
Cash Income Tax Paid	-	19.84	29.04	15.93	3.75	0.6
Levered Free Cash Flow	-157.33	-247.51	-105.89	-151.61	24.51	-
Unlevered Free Cash Flow	-157.33	-204.51	-88.66	-146.88	26.12	-
Change in Working Capital	511.57	32.53	-110.72	-53.69	6.93	0.92

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