IST:SDTTR 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
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
Net Income	30.23	12.98	465.44	113.23	114.53
Depreciation & Amortization	55.5	43.59	32.11	21.85	5.28
Other Amortization	18.03	24.12	17.23	18.97	4.79
Provision & Write-off of Bad Debts	0.33	0.02	6.43	0.26	0.11
Other Operating Activities	141.28	203.53	307.38	214.35	22.53
Change in Accounts Receivable	-214.53	483.98	-492.68	54.09	-20.16
Change in Inventory	70.9	-232.82	-618.48	112.67	-27.63
Change in Accounts Payable	70.47	-177.96	137.88	-15.98	-6.77
Change in Unearned Revenue	175.96	-444.84	468.3	20.98	-54.3
Change in Other Net Operating Assets	-1.97	751.07	-445.16	-191.47	39.4
Operating Cash Flow	346.2	663.67	-121.54	348.96	77.78
Operating Cash Flow Growth	-47.84%	-	-	348.65%	-
Capital Expenditures	-245.05	-166.89	-25.42	-10.05	-1.18
Sale of Property, Plant & Equipment	31.82	0.63	0.03	0.09	0.01
Cash Acquisitions	-300.94	-	-	-	-
Sale (Purchase) of Intangibles	-104.98	-33.57	-12.29	-3.77	-4.49
Investing Cash Flow	-619.15	-199.82	-37.68	-13.73	-5.66
Long-Term Debt Issued	719.03	510.7	-	-	14.3
Long-Term Debt Repaid	-721.02	-195.49	-25.11	-35.25	-19.72
Net Debt Issued (Repaid)	-1.99	315.22	-25.11	-35.25	-5.42
Issuance of Common Stock	-	-	571.05	-	-
Common Dividends Paid	-11.28	-200.48	-139.05	-	-
Other Financing Activities	-28.93	23.37	-22.62	8.01	1.17
Financing Cash Flow	-42.2	138.11	384.27	-27.23	-4.25
Foreign Exchange Rate Adjustments	-171.09	-231.39	-384.22	-212.12	-
Net Cash Flow	-486.25	370.56	-159.17	95.88	67.87
Free Cash Flow	101.15	496.78	-146.96	338.91	76.6
Free Cash Flow Growth	-79.64%	-	-	342.44%	-
Free Cash Flow Margin	4.68%	20.70%	-8.93%	37.10%	17.29%
Free Cash Flow Per Share	1.74	8.56	-2.56	7.95	7.66
Cash Interest Paid	41.02	27.84	1.06	0.84	0.78
Levered Free Cash Flow	1.06	-526.92	-398.24	49.95	-
Unlevered Free Cash Flow	26.7	-509.51	-397.58	50.47	-
Change in Working Capital	100.83	379.42	-950.14	-19.71	-69.46

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