IST:MRGYO Cash Flow Statement

Financials in millions TRY. Fiscal year is April - March.

Millions TRY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2020 - 2016
Net Income	1,194	2,345	1,283	1,410	216.98	8.65	Upgrade
Depreciation & Amortization	3.73	3.84	1.6	0.53	0.06	0.4	Upgrade
Gain (Loss) on Sale of Assets	-	-	171.21	-	-	-	Upgrade
Asset Writedown	-1,609	-2,537	-1,535	-1,441	-270.59	8.55	Upgrade
Change in Accounts Receivable	-71.42	-57.39	41.27	88.48	12.87	51.39	Upgrade
Change in Accounts Payable	2.36	-1.23	0.3	0.7	0.79	-0.6	Upgrade
Change in Other Net Operating Assets	38.77	3.32	-22.55	-31.25	6.6	64.51	Upgrade
Other Operating Activities	675.49	222.85	57.02	-4.34	-101.47	-15.72	Upgrade
Operating Cash Flow	234.5	-20.75	-3.73	22.06	-134.78	115.52	Upgrade
Acquisition of Real Estate Assets	-18	-5.2	-50.66	-27.52	-41.64	-47.58	Upgrade
Sale of Real Estate Assets	-	-	72.5	-	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-18	-5.2	21.84	-27.52	-41.64	-47.58	Upgrade
Other Investing Activities	-	-	-	12.07	16.08	14.33	Upgrade
Investing Cash Flow	-18	-5.2	21.84	-15.45	-25.56	-33.25	Upgrade
Long-Term Debt Issued	-	34.93	-	35.79	-	-	Upgrade
Long-Term Debt Repaid	-	-	-58.17	-10.21	-35.37	-45.36	Upgrade
Net Debt Issued (Repaid)	-197.66	34.93	-58.17	25.57	-35.37	-45.36	Upgrade
Issuance of Common Stock	-	-	-	-	220	-	Upgrade
Other Financing Activities	-19.8	-10.03	-13.97	-7.78	-17.58	-12.92	Upgrade
Net Cash Flow	-0.95	-1.05	-54.03	24.4	6.71	23.99	Upgrade
Cash Interest Paid	18.55	16.04	23.27	7.78	17.58	12.92	Upgrade
Levered Free Cash Flow	-567.43	-14.79	2.33	40.17	-9.6	17.71	Upgrade
Unlevered Free Cash Flow	37.37	-3.72	16.88	45.03	1.39	24.78	Upgrade
Change in Working Capital	-30.29	-55.31	19	57.8	20.22	114.42	Upgrade

Source: S&P Capital IQ. Real Estate template. Financial Sources.