IST:YGGYO Cash Flow Statement

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	-575.5	-523.73	10,852	4,996	699.93	108.87	Upgrade
Depreciation & Amortization	395.6	385.96	459.48	13.18	0.41	0.38	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	2.47	-	Upgrade
Asset Writedown	1,259	1,256	-4,443	-	-365.15	43.84	Upgrade
Change in Accounts Receivable	-121.88	-3.9	15.49	-33.45	-7.42	-4.47	Upgrade
Change in Accounts Payable	-37.68	271.75	-36.9	-4.98	29.27	2.06	Upgrade
Change in Other Net Operating Assets	-65	-228.2	67.35	4.48	-10.68	-6.06	Upgrade
Other Operating Activities	2,910	945.35	-4,996	310.98	-175.92	-28.02	Upgrade
Operating Cash Flow	3,777	2,096	1,915	5,283	172.26	116.56	Upgrade
Operating Cash Flow Growth	42.99%	9.47%	-63.76%	2966.69%	47.78%	-38.09%	Upgrade
Acquisition of Real Estate Assets	-1,196	-999.49	-801.47	-4,428	-2.05	-1.44	Upgrade
Sale of Real Estate Assets	7.68	-	-	-	-	-	Upgrade
Net Sale / Acq. of Real Estate Assets	-1,188	-999.49	-801.47	-4,428	-2.05	-1.44	Upgrade
Investment in Marketable & Equity Securities	-31.78	-	1.77	-75.46	-14.3	10.73	Upgrade
Other Investing Activities	-	-	-	82.46	5	4.92	Upgrade
Investing Cash Flow	-1,221	-1,000	-803.26	-4,422	-11.35	14.2	Upgrade
Long-Term Debt Issued	-	289.22	50.5	1.2	-	-	Upgrade
Long-Term Debt Repaid	-	-0.01	-1.72	-0.26	-1.13	-0.19	Upgrade
Net Debt Issued (Repaid)	617.6	289.21	48.77	0.93	-1.13	-0.19	Upgrade
Repurchase of Common Stock	-47.25	-52.47	-	-68.56	-	-8.51	Upgrade
Common Dividends Paid	-1,270	-760.64	-874.23	-	-165.87	-165.87	Upgrade
Other Financing Activities	-39.19	-	-	-8.16	40.01	32.21	Upgrade
Foreign Exchange Rate Adjustments	-	-	-	359.88	136.2	-4.87	Upgrade
Miscellaneous Cash Flow Adjustments	-627.93	-	0	-	-	-	Upgrade
Net Cash Flow	1,189	571.97	285.89	1,145	170.11	-16.47	Upgrade
Cash Interest Paid	39.19	-	-	8.16	-	-	Upgrade
Cash Income Tax Paid	165.73	15.05	8.85	-	1.11	-0	Upgrade
Levered Free Cash Flow	170.46	513.15	489.1	-140.96	148.33	65.68	Upgrade
Unlevered Free Cash Flow	193.63	516.78	490.22	-140.96	148.33	65.68	Upgrade
Change in Working Capital	-214.34	32.64	48.93	-40.04	10.16	-10.82	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.