IST:SEGYO 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 - 2019
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 - 2019
Net Income	-1,274	-457.74	842.93	1,290	125.47	Upgrade
Depreciation & Amortization	8.59	9.47	4.62	1.29	0.68	Upgrade
Gain (Loss) on Sale of Assets	-	-3.24	-	-36.36	0.04	Upgrade
Asset Writedown	289.98	167.75	-806.09	-1,075	-223.24	Upgrade
Change in Accounts Receivable	-79.3	-66.29	138.47	-23.29	1.53	Upgrade
Change in Accounts Payable	1.36	-17.34	13.71	-0.09	-1.64	Upgrade
Change in Other Net Operating Assets	-3.59	-5.46	-3.24	110.65	-2.98	Upgrade
Other Operating Activities	988.05	368.97	134.71	-427.18	223.26	Upgrade
Operating Cash Flow	-19.83	287.27	125.3	-213.38	122.84	Upgrade
Operating Cash Flow Growth	-	129.26%	-	-	-35.85%	Upgrade
Acquisition of Real Estate Assets	-75.3	-10.12	-13.27	-0.09	-0.09	Upgrade
Sale of Real Estate Assets	201.04	46.93	-	69.2	13.45	Upgrade
Net Sale / Acq. of Real Estate Assets	125.73	36.81	-13.27	69.11	13.36	Upgrade
Investment in Marketable & Equity Securities	-	487.62	-	-	-	Upgrade
Investing Cash Flow	125.52	524.32	-13.3	68.92	13.36	Upgrade
Long-Term Debt Issued	136.52	112.34	416.64	-	174	Upgrade
Long-Term Debt Repaid	-350.51	-698.19	-299.74	-582	-87.49	Upgrade
Net Debt Issued (Repaid)	-214	-585.85	116.9	-582	86.51	Upgrade
Issuance of Common Stock	19.98	-	46.61	386.72	-	Upgrade
Repurchase of Common Stock	-	-	-	-6.42	-	Upgrade
Other Financing Activities	-15.25	-88.7	-205.81	-	-	Upgrade
Foreign Exchange Rate Adjustments	-	-	-140.6	-187.58	-	Upgrade
Miscellaneous Cash Flow Adjustments	-93.72	-92.4	-	-	-	Upgrade
Net Cash Flow	-197.29	44.63	-70.89	-533.74	222.71	Upgrade
Cash Interest Paid	53.35	114.38	205.81	-	-	Upgrade
Levered Free Cash Flow	-2,742	79.46	-108.24	4.43	-48.11	Upgrade
Unlevered Free Cash Flow	-2,708	151.68	-1.82	48.29	-29.67	Upgrade
Change in Working Capital	-32.22	202.07	-50.86	34.06	-3.36	Upgrade

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