IST:TRGYO 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	-	8,611	18,248	16,366	5,307	Upgrade
Depreciation & Amortization	-	97.74	107.58	23.85	16.99	Upgrade
Gain (Loss) on Sale of Assets	-	3,624	-101.6	-139.42	3.51	Upgrade
Asset Writedown	-	-4,801	-11,175	-9,761	-5,448	Upgrade
Income (Loss) on Equity Investments	-	-120.27	-909.24	-347.66	-143.78	Upgrade
Change in Accounts Receivable	-	496.88	-1,614	-855.92	-125.17	Upgrade
Change in Accounts Payable	-	-11.72	466.23	54.85	17.93	Upgrade
Change in Other Net Operating Assets	-	-10,506	-2,932	-74.56	-19.14	Upgrade
Other Operating Activities	-	-797.16	-922.88	-2,429	1,200	Upgrade
Operating Cash Flow	-	-5,597	4,449	3,907	1,131	Upgrade
Operating Cash Flow Growth	-	-	13.86%	245.53%	23.07%	Upgrade
Acquisition of Real Estate Assets	-	-352.46	-309.24	-100.49	-48.95	Upgrade
Sale of Real Estate Assets	-	14,523	373.09	258.66	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-	14,171	63.86	158.17	-48.95	Upgrade
Other Investing Activities	-	242.79	181.32	104.18	34.15	Upgrade
Investing Cash Flow	-	14,414	245.17	262.35	-14.8	Upgrade
Long-Term Debt Issued	-	-	3,065	3,793	1,655	Upgrade
Long-Term Debt Repaid	-	-1,891	-5,320	-6,048	-2,246	Upgrade
Net Debt Issued (Repaid)	-	-1,891	-2,255	-2,255	-591.04	Upgrade
Common Dividends Paid	-	-3,176	-432.53	-	-	Upgrade
Other Financing Activities	-	3,598	-277.77	-808.17	-421.91	Upgrade
Foreign Exchange Rate Adjustments	-	-	-	-260.59	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-937.61	-861.83	-	-	Upgrade
Net Cash Flow	-	6,411	866.44	846.03	103.07	Upgrade
Cash Interest Paid	-	908.43	1,147	985.34	468.3	Upgrade
Levered Free Cash Flow	-	5,105	986.17	-1,747	619.15	Upgrade
Unlevered Free Cash Flow	-	5,677	1,956	-1,059	969.87	Upgrade
Change in Working Capital	-	-12,212	-799.33	194.24	197.54	Upgrade

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