ÜNLÜ Yatirim Holding A.S. 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	-205.94	153.72	52.2	-23.46	79.64	Upgrade
Depreciation & Amortization, Total	71.9	74.33	87.84	41.14	10.01	Upgrade
Change in Accounts Receivable	-804.09	-498.71	541.27	-102.16	-69.22	Upgrade
Change in Accounts Payable	-106.54	218.79	21.35	-5.4	2.39	Upgrade
Change in Other Net Operating Assets	582.32	-448.28	576.23	-583.43	-1.84	Upgrade
Other Operating Activities	324.28	-303.65	169.4	-106.14	33.08	Upgrade
Operating Cash Flow	-196.56	-820.44	1,412	-817.26	30.9	Upgrade
Capital Expenditures	-14.26	-14.18	-36.45	-24.3	-9.19	Upgrade
Sale (Purchase) of Intangibles	-70.96	-42.53	-49.17	-19.2	-6.2	Upgrade
Investment in Securities	-	-	-	-	-34.4	Upgrade
Other Investing Activities	287.58	412.87	1.99	0.73	28.06	Upgrade
Investing Cash Flow	206.37	356.16	-83.63	-42.76	-21.73	Upgrade
Long-Term Debt Issued	196,418	210,765	35,421	64,378	1,501	Upgrade
Total Debt Issued	196,418	210,765	35,421	64,378	1,501	Upgrade
Long-Term Debt Repaid	-195,582	-209,980	-35,598	-63,675	-1,602	Upgrade
Total Debt Repaid	-195,582	-209,980	-35,598	-63,675	-1,602	Upgrade
Net Debt Issued (Repaid)	835.64	785.2	-177.77	703.34	-100.71	Upgrade
Issuance of Common Stock	-	11.74	-	-	247.72	Upgrade
Repurchase of Common Stock	-1.5	-	-45.39	-	-	Upgrade
Common Dividends Paid	-	-	-99.31	-47.37	-	Upgrade
Other Financing Activities	-691.14	-713.78	-176.18	-65.86	-30.56	Upgrade
Financing Cash Flow	143	83.16	-498.65	590.11	116.44	Upgrade
Foreign Exchange Rate Adjustments	29.74	18.62	37.14	25.28	32.83	Upgrade
Net Cash Flow	-85.2	-579.86	618.23	-298.41	158.46	Upgrade
Free Cash Flow	-210.82	-834.62	1,376	-841.56	21.72	Upgrade
Free Cash Flow Margin	-0.44%	-1.19%	3.95%	-4.37%	0.45%	Upgrade
Free Cash Flow Per Share	-1.22	-4.81	7.86	-4.81	0.14	Upgrade
Cash Interest Paid	691.14	713.78	375.73	133.61	30.56	Upgrade
Cash Income Tax Paid	5.43	127.7	161.38	86.94	21.55	Upgrade

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