XML 20 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENT OF CASH FLOWS - TRY (₺)
₺ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Profit for the year from      
Profit for the year ₺ 11,086,899 ₺ 15,250,110 ₺ 8,715,404
Discontinued operations 12,427,963 2,843,793 1,216,203
Profit for the year 23,514,862 18,093,903 9,931,607
Adjustments for:      
Depreciation and impairment of property, plant and equipment and investment properties 19,176,624 17,284,249 21,706,362
Amortization of intangible assets and right of use assets 28,249,539 31,035,204 29,107,757
Impairment on property, plant and equipment and intangible asset 136,867 (2,052) 565,410
Net finance expense 5,213,120 3,905,964 4,944,842
Fair value adjustments to derivatives 3,057,354 (1,897,127) 3,504,162
Income tax expense 5,186,490 (6,329,447) (3,842,745)
Gain on sale of property, plant and equipment 34,857 23,070 51,257
Effects of exchange rate changes and inflation adjustments (1,958,557) 15,117,256 8,350,002
Provisions 7,377,812 6,784,907 3,980,635
Share of (profit)/loss of equity accounted investees 3,162,643 (2,202,029) (753,976)
Fair value adjustments to financial assets through profit or loss (1,706,465) (6,648,585) (2,510,354)
Gain on sale of subsidiary (8,821,192)    
Non-cash other adjustments 211,147 5,359 286,985
Cash flows from (used in) operations before changes in working capital 82,835,101 75,170,672 75,321,944
Change in trade receivables (1,105,560) (201,391) 1,004,000
Change in due from related parties 1,555 (56,796) 502,969
Change in receivables from financial services 1,647,048 (826,023) (5,143)
Change in inventories 145,465 (142,301) 376,631
Change in other current assets (581,400) (1,795,133) (208,825)
Change in other non-current assets (71,662) 1,134,781 (155,006)
Change in due to related parties 103,028 (559,642) (460,587)
Change in trade and other payables (231,561) 1,351,307 (2,539,207)
Change in other non-current liabilities (137,069) 61,101 62,893
Change in employee benefit obligations (408,583) (814,329) (160,647)
Change in contract asset (618,365) (88,584) 229,739
Change in deferred revenue 233,352 187,671 (201,680)
Change in contract liability (73,640) 456,641 (89,552)
Changes in other working capital (2,578,760) (2,206,975) (2,123,416)
Cash generated from operations 79,158,949 71,670,999 71,554,113
Interest paid (13,750,356) (10,620,700) (8,580,901)
Income tax paid (2,151,453) (813,328) (1,928,242)
Net cash inflow from operating activities 63,257,140 60,236,971 61,044,970
Cash flows from investing activities:      
Acquisition of property, plant and equipment (30,698,851) (20,525,914) (22,207,092)
Acquisition of intangible assets (20,230,939) (22,071,268) (16,102,219)
Proceeds from sale of property, plant and equipment 1,908,099 488,559 1,675,784
Payment for acquisition of subsidiary, net of cash acquired 30,844    
Payments for advances given for acquisition of property, plant and equipment     (2,518,836)
Contribution of increase of share capital in joint ventures/associates (68) (784,490) (1,464,404)
Cash inflows from sale of shares or borrowing instruments of other enterprises or funds 38,699,081 22,100,620 3,115,854
Cash outflows from purchase of shares or borrowing instruments of other enterprises or funds (60,178,590) (23,267,140) (5,140,818)
Cash inflows financial assets at fair value through profit or loss 15,311,139 20,275,204  
Cash outflows financial assets at fair value through profit or loss (6,712,350) (14,809,730) (8,899,554)
Change in other cash advances given (703,013)    
Proceeds from disposal of subsidiary, net of cash disposed 13,719,342    
Interest received 11,755,169 8,410,644 5,755,791
Net cash outflow from investing activities (37,100,137) (30,183,515) (45,785,494)
Cash flows from financing activities:      
Proceeds from derivative instruments 5,417,456 11,188,868 8,607,172
Repayments of derivative instruments (5,791,757) (6,867,708) (7,601,168)
Proceeds from issues of loans and borrowings 51,431,455 90,510,753 76,721,840
Proceeds from issues of bonds 14,870,998 11,296,562 6,457,040
Repayments of borrowings (47,027,783) (79,106,241) (64,470,101)
Transactions with non controlling interests (38,000)    
Repayments of bonds (15,280,501) (7,636,411) (5,146,248)
Dividends paid to shareholders (7,314,621) (3,587,782) (3,452,867)
Dividends paid to non-controlling interest in subsidiaries (327,996) (73,279)  
Payments of lease liabilities (5,723,476) (5,951,279) (6,223,564)
Net cash (outflow)/inflow from financing activities (9,784,225) 9,773,483 4,892,104
Net increase in cash and cash equivalents 16,372,778 39,826,939 20,151,580
Cash and cash equivalents at 1 January 77,711,693 61,710,669 72,765,126
Effects of exchange rate changes on cash and cash equivalents and inflation adjustment (25,430,408) (23,825,915) (31,206,037)
Cash and cash equivalents at 31 December ₺ 68,654,063 ₺ 77,711,693 ₺ 61,710,669