IST:OZYSR 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-225.09	-90.74	281.74
Depreciation & Amortization	150.5	145.79	134.5
Asset Writedown & Restructuring Costs	-6.68	-6.68	-
Provision & Write-off of Bad Debts	-5.76	3.85	7.53
Other Operating Activities	525.25	446.17	1,062
Change in Accounts Receivable	236.1	11.87	-1.72
Change in Inventory	113.97	-8.98	182.06
Change in Accounts Payable	341.88	375.7	-65.27
Change in Unearned Revenue	-137.43	25.28	-115.52
Change in Other Net Operating Assets	230.8	307.89	-47.44
Operating Cash Flow	1,224	1,210	1,438
Operating Cash Flow Growth	-14.89%	-15.83%	-
Capital Expenditures	-344.23	-215.84	-255.8
Sale of Property, Plant & Equipment	27.63	17.03	7.18
Sale (Purchase) of Intangibles	32.28	28.7	32.61
Sale (Purchase) of Real Estate	-72.44	-30.6	-
Investing Cash Flow	-356.76	-200.72	-216.01
Long-Term Debt Issued	-	2,807	1,858
Long-Term Debt Repaid	-	-3,379	-2,689
Net Debt Issued (Repaid)	-574.27	-572.26	-831.54
Issuance of Common Stock	-	599.53	-
Other Financing Activities	-124.57	-96.29	-237.48
Financing Cash Flow	-851.3	-69.02	-1,069
Miscellaneous Cash Flow Adjustments	-148.1	-193.18	-167.38
Net Cash Flow	-132.63	747.22	-14.75
Free Cash Flow	879.31	994.3	1,182
Free Cash Flow Growth	-25.60%	-15.87%	-
Free Cash Flow Margin	15.58%	15.09%	16.90%
Free Cash Flow Per Share	8.52	9.63	13.90
Cash Interest Paid	222.79	260.66	260.47
Levered Free Cash Flow	-	650.74	-
Unlevered Free Cash Flow	-	816.56	-
Change in Working Capital	785.32	711.75	-47.88

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