IST:VKFYO 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	-18.75	-8.31	-24.68	-24.71	3.07	Upgrade
Depreciation & Amortization	1.32	1.08	0.71	0.32	0.14	Upgrade
Other Amortization	0.02	0.03	0.04	0.03	0	Upgrade
Loss (Gain) From Sale of Investments	6.95	5.45	1.82	-3.99	-0.57	Upgrade
Other Operating Activities	4.52	23.91	-8.43	-11.61	0.05	Upgrade
Change in Accounts Receivable	-23.31	-3.51	-	-	-	Upgrade
Change in Accounts Payable	23.78	0.04	0.02	-0	0.01	Upgrade
Change in Other Net Operating Assets	-0.37	1.21	0.07	-0.03	0.03	Upgrade
Operating Cash Flow	-1.21	6.48	-26.35	-1.34	-18.58	Upgrade
Capital Expenditures	-	-0.23	-0.05	-	-0.04	Upgrade
Sale of Property, Plant & Equipment	-	0.04	0.17	-	-	Upgrade
Sale (Purchase) of Intangibles	-	-0.05	-	-0.03	-	Upgrade
Investing Cash Flow	-	-0.24	0.12	-0.03	-0.04	Upgrade
Long-Term Debt Repaid	-0.84	-0.92	-0.3	-0.17	-0.07	Upgrade
Net Debt Issued (Repaid)	-0.84	-0.92	-0.3	-0.17	-0.07	Upgrade
Common Dividends Paid	-	-	-1.69	-0.73	-	Upgrade
Financing Cash Flow	-0.84	-0.92	-1.98	-0.89	-0.07	Upgrade
Miscellaneous Cash Flow Adjustments	-4.21	8.29	6.31	11.89	-	Upgrade
Net Cash Flow	-6.25	13.62	-21.91	9.63	-18.69	Upgrade
Free Cash Flow	-1.21	6.25	-26.39	-1.34	-18.62	Upgrade
Free Cash Flow Margin	-0.79%	3.23%	-11.62%	-0.48%	-11.20%	Upgrade
Free Cash Flow Per Share	-0.04	0.21	-0.88	-0.04	-0.62	Upgrade
Cash Income Tax Paid	-	0.46	-	-	-	Upgrade
Levered Free Cash Flow	-7.12	3.74	7.72	7.44	2.02	Upgrade
Unlevered Free Cash Flow	-6.99	4.23	7.82	7.45	2.02	Upgrade
Change in Working Capital	4.74	-15.67	4.18	38.62	-21.27	Upgrade

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