IST:UFUK 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	509.63	-315.05	-602.96	-29.3	298.8	Upgrade
Depreciation & Amortization	0.02	0.16	0.15	0.05	0.01	Upgrade
Gain (Loss) on Sale of Investments	-	-	740.82	-454.92	-353.42	Upgrade
Asset Writedown	-833.96	-126.67	47	67.98	-88.86	Upgrade
Change in Accounts Receivable	7.82	88.94	-295.33	-73.64	-36.09	Upgrade
Change in Accounts Payable	0.25	-2.76	2.43	0.99	-0.25	Upgrade
Change in Other Net Operating Assets	-92.61	1.44	-1.7	1.17	0.35	Upgrade
Other Operating Activities	312.19	227.73	-349.27	396.78	167.76	Upgrade
Net Cash from Discontinued Operations	-	87.32	-	-	-	Upgrade
Operating Cash Flow	-96.66	-38.88	-458.86	-90.08	-11.26	Upgrade
Acquisition of Real Estate Assets	-0.19	-0.12	-13.36	-3.26	-0.02	Upgrade
Sale of Real Estate Assets	-	0.28	-	0.01	4.63	Upgrade
Net Sale / Acq. of Real Estate Assets	-0.19	0.17	-13.36	-3.25	4.62	Upgrade
Investment in Marketable & Equity Securities	-	-	832.56	-	-	Upgrade
Other Investing Activities	-	130.4	44.45	20.9	0.69	Upgrade
Investing Cash Flow	-0.19	130.56	863.65	17.66	5.3	Upgrade
Long-Term Debt Issued	-	-	-	72.36	19.79	Upgrade
Net Debt Issued (Repaid)	-	-	-	72.36	19.79	Upgrade
Other Financing Activities	26.79	-	-404.93	-	-13.81	Upgrade
Foreign Exchange Rate Adjustments	-	-	-	-	0.09	Upgrade
Miscellaneous Cash Flow Adjustments	-21.64	-0.01	-0.11	-0.44	-	Upgrade
Net Cash Flow	-91.7	91.67	-0.25	-0.51	0.11	Upgrade
Cash Interest Paid	-	-	-	-	13.81	Upgrade
Levered Free Cash Flow	2.33	415.34	-431.73	-49.84	-31.84	Upgrade
Unlevered Free Cash Flow	2.33	415.91	-378.31	-22.78	-21.26	Upgrade
Change in Working Capital	-84.54	87.62	-294.6	-71.47	-35.99	Upgrade

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