IST:SNGYO 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	671.7	6,850	1,688	5,960	3,200	Upgrade
Depreciation & Amortization	70.88	43.01	27.66	32.85	4.86	Upgrade
Gain (Loss) on Sale of Investments	-0.78	-	-	-	-240.86	Upgrade
Asset Writedown	-3,886	-6,926	-1,209	-6,215	-3,778	Upgrade
Income (Loss) on Equity Investments	-141.06	-95.54	-15.18	0.45	-0.75	Upgrade
Change in Accounts Receivable	1,446	-1,683	-418.12	1,007	-52.85	Upgrade
Change in Accounts Payable	1,102	813.04	165.2	-326.1	-61.9	Upgrade
Change in Other Net Operating Assets	53.21	117.76	-37.25	2,137	-621.78	Upgrade
Other Operating Activities	5,457	13,786	2,045	1,927	2,387	Upgrade
Operating Cash Flow	908.88	2,206	4,615	2,729	1,933	Upgrade
Operating Cash Flow Growth	-58.79%	-52.20%	69.07%	41.17%	142.11%	Upgrade
Acquisition of Real Estate Assets	-1,913	-1,244	-1,213	-537.26	-586.79	Upgrade
Sale of Real Estate Assets	798.93	0.04	1,344	1,731	2.34	Upgrade
Net Sale / Acq. of Real Estate Assets	-1,114	-1,244	131.32	1,194	-584.45	Upgrade
Cash Acquisition	-	-	-	-7.49	-	Upgrade
Investment in Marketable & Equity Securities	25.46	-	-	-	-	Upgrade
Investing Cash Flow	-1,088	-1,244	574.92	1,186	352.2	Upgrade
Long-Term Debt Issued	12,881	2,210	5,771	2,189	4,359	Upgrade
Long-Term Debt Repaid	-10,752	-1,453	-8,527	-4,368	-6,158	Upgrade
Net Debt Issued (Repaid)	2,129	757.26	-2,757	-2,179	-1,799	Upgrade
Common Dividends Paid	-110.75	-	-	-	-	Upgrade
Other Financing Activities	-1,858	-2,061	-2,326	-1,142	-36.76	Upgrade
Miscellaneous Cash Flow Adjustments	-31.69	-211.39	-270.45	-1,528	-	Upgrade
Net Cash Flow	-50.03	-553.42	-163.69	-932.86	449.79	Upgrade
Cash Interest Paid	1,858	2,061	2,326	1,142	116.02	Upgrade
Levered Free Cash Flow	1,143	-2,317	-5,234	-5,252	439.05	Upgrade
Unlevered Free Cash Flow	2,368	-972.43	-3,377	-3,530	737.9	Upgrade
Change in Working Capital	-1,263	-11,452	2,079	1,025	361.64	Upgrade

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