Penguen Gida Sanayi 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	-246.2	-421.31	-126.42	86.41	27.48	Upgrade
Depreciation & Amortization	114.02	73.52	48.1	28.42	6.09	Upgrade
Asset Writedown & Restructuring Costs	-	212.33	15.79	-16.71	-21.29	Upgrade
Other Operating Activities	43.54	15.5	207.24	9.31	12.11	Upgrade
Change in Accounts Receivable	-37.01	108.24	-90.33	-75.77	-28.22	Upgrade
Change in Inventory	259.99	761.43	-380.97	-101.44	-74.65	Upgrade
Change in Accounts Payable	47.99	-23.15	187.48	36.24	38.19	Upgrade
Change in Other Net Operating Assets	23.94	68	-102.01	57.42	-20.31	Upgrade
Operating Cash Flow	206.26	794.57	-241.12	23.88	-60.58	Upgrade
Operating Cash Flow Growth	-74.04%	-	-	-	-	Upgrade
Capital Expenditures	-138.99	-503.81	-75.45	-83.06	-14.83	Upgrade
Sale of Property, Plant & Equipment	8.46	0.75	-	-	-	Upgrade
Investing Cash Flow	-130.52	-503.06	-75.45	-83.06	-14.83	Upgrade
Long-Term Debt Issued	47.14	-	492.85	801.96	146.89	Upgrade
Long-Term Debt Repaid	-	-38.69	-	-469.06	-62.99	Upgrade
Net Debt Issued (Repaid)	47.14	-38.69	492.85	332.91	83.89	Upgrade
Other Financing Activities	-172.4	-194.4	-188.77	-267.3	-10.51	Upgrade
Financing Cash Flow	-125.26	-233.09	304.08	65.6	73.38	Upgrade
Miscellaneous Cash Flow Adjustments	15.66	3.73	-	-	-	Upgrade
Net Cash Flow	-33.87	62.14	-12.49	6.43	-2.03	Upgrade
Free Cash Flow	67.28	290.76	-316.57	-59.18	-75.41	Upgrade
Free Cash Flow Growth	-76.86%	-	-	-	-	Upgrade
Free Cash Flow Margin	2.13%	9.28%	-15.39%	-3.59%	-18.35%	Upgrade
Free Cash Flow Per Share	0.38	1.66	-1.81	-0.34	-0.43	Upgrade
Cash Interest Paid	172.4	194.4	188.77	90.8	10.51	Upgrade
Cash Income Tax Paid	0.13	0.2	-3.63	2.39	-	Upgrade
Levered Free Cash Flow	97.76	-220.48	-817.51	-661.76	-38.04	Upgrade
Unlevered Free Cash Flow	205.51	-98.97	-709.42	-606.34	-31.88	Upgrade
Change in Working Capital	294.91	914.52	-385.82	-83.54	-84.98	Upgrade

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