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EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS
Buy, Hold or Sell?

Let's analyse Eis together

PenkeI guess you are interested in EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Eis (30 sec.)










What can you expect buying and holding a share of Eis? (30 sec.)

How much money do you get?

How much money do you get?
₺0.03
When do you have the money?
1 year
How often do you get paid?
82.5%

What is your share worth?

Current worth
₺50.85
Expected worth in 1 year
₺74.34
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
₺24.57
Return On Investment
42.8%

For what price can you sell your share?

Current Price per Share
₺57.40
Expected price per share
₺45.38 - ₺60.00
How sure are you?
50%

1. Valuation of Eis (5 min.)




Live pricePrice per Share (EOD)

₺57.40

Intrinsic Value Per Share

₺21.56 - ₺25.64

Total Value Per Share

₺72.41 - ₺76.49

2. Growth of Eis (5 min.)




Is Eis growing?

Current yearPrevious yearGrowGrow %
How rich?$1b$323.7m$385.3m54.3%

How much money is Eis making?

Current yearPrevious yearGrowGrow %
Making money$21.3m$32.4m-$11.1m-52.5%
Net Profit Margin25.3%165.4%--

How much money comes from the company's main activities?

3. Financial Health of Eis (5 min.)




What can you expect buying and holding a share of Eis? (5 min.)

Welcome investor! Eis's management wants to use your money to grow the business. In return you get a share of Eis.

What can you expect buying and holding a share of Eis?

First you should know what it really means to hold a share of Eis. And how you can make/lose money.

Speculation

The Price per Share of Eis is ₺57.40. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Eis.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Eis, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ₺50.85. Based on the TTM, the Book Value Change Per Share is ₺5.87 per quarter. Based on the YOY, the Book Value Change Per Share is ₺4.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ₺0.27 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Eis.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.120.2%0.030.1%0.050.1%0.020.0%0.010.0%
Usd Book Value Change Per Share0.741.3%0.180.3%0.130.2%0.070.1%0.040.1%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.751.3%0.190.3%0.140.2%0.080.1%0.040.1%
Usd Price Per Share1.37-1.28-0.52-0.46-0.28-
Price to Earnings Ratio2.81-7.71-9.23-21.34-14.79-
Price-to-Total Gains Ratio1.83-6.79-19.91-17.49-18.33-
Price to Book Ratio0.86-1.32-1.07-0.92-0.81-
Price-to-Total Gains Ratio1.83-6.79-19.91-17.49-18.33-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.78514
Number of shares560
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.180.07
Usd Total Gains Per Share0.190.08
Gains per Quarter (560 shares)106.9843.04
Gains per Year (560 shares)427.92172.17
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11940941815157162
23881884631314334
3571227127446470506
4761636170261627678
5952045213077784850
611324542558929411022
71322863298610710981194
81513272341412312551366
91703681384213814111538
101894090427015415681710

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%17.03.00.085.0%31.05.04.077.5%51.05.010.077.3%
Book Value Change Per Share2.02.00.050.0%8.04.00.066.7%13.07.00.065.0%25.015.00.062.5%41.024.01.062.1%
Dividend per Share3.00.01.075.0%11.00.01.091.7%17.00.03.085.0%33.00.07.082.5%51.00.015.077.3%
Total Gains per Share3.01.00.075.0%11.01.00.091.7%18.02.00.090.0%35.05.00.087.5%57.08.01.086.4%

Fundamentals of Eis

About EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS

EIS Eczacibasi Ilaç, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S., together with subsidiaries, engages in health and real estate development businesses primarily in Turkey. The Health segment produces and sells human health and veterinary drugs, as well as engages in pharmaceutical sales and marketing. The Real Estate Development segment develops real estate properties; engages in leasing activities for facilities; and provides consulting services regarding land development and project management. The company was incorporated in 1951 and is based in Istanbul, Turkey. EIS Eczacibasi Ilaç, Sinai ve Finansal Yatirimlar Sanayi ve Ticaret A.S. is a subsidiary of Eczacibasi Holding A.S.

Fundamental data was last updated by Penke on 2024-05-16 05:17:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Eis earns for each ₤1 of revenue.

  • Above 10% is considered healthy but always compare Eis to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Net Profit Margin of 94.9% means that ₤0.95 for each ₤1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 94.9%. The company is making a huge profit. +2
  • The TTM is 25.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ94.9%TTM25.3%+69.6%
TTM25.3%YOY165.4%-140.1%
TTM25.3%5Y62.6%-37.3%
5Y62.6%10Y39.7%+22.9%
1.1.2. Return on Assets

Shows how efficient Eis is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Eis to the Drug Manufacturers - Specialty & Generic industry mean.
  • 6.2% Return on Assets means that Eis generated ₤0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 6.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.2%TTM1.6%+4.5%
TTM1.6%YOY5.4%-3.8%
TTM1.6%5Y2.4%-0.8%
5Y2.4%10Y1.7%+0.7%
1.1.3. Return on Equity

Shows how efficient Eis is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Eis to the Drug Manufacturers - Specialty & Generic industry mean.
  • 7.7% Return on Equity means Eis generated ₤0.08 for each ₤1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 7.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 2.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ7.7%TTM2.0%+5.7%
TTM2.0%YOY6.6%-4.6%
TTM2.0%5Y2.9%-0.9%
5Y2.9%10Y2.0%+0.9%

1.2. Operating Efficiency of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Eis is operating .

  • Measures how much profit Eis makes for each ₤1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Eis to the Drug Manufacturers - Specialty & Generic industry mean.
  • An Operating Margin of 0.0% means the company generated ₤0.00  for each ₤1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM8.8%-8.8%
TTM8.8%YOY19.8%-11.0%
TTM8.8%5Y16.9%-8.1%
5Y16.9%10Y10.0%+6.9%
1.2.2. Operating Ratio

Measures how efficient Eis is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • An Operation Ratio of 1.95 means that the operating costs are ₤1.95 for each ₤1 in net sales.

Let's take a look of the Operating Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 1.946. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.529. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.946TTM1.529+0.417
TTM1.529YOY1.539-0.010
TTM1.5295Y1.545-0.016
5Y1.54510Y1.289+0.256

1.3. Liquidity of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Eis is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A Current Ratio of 1.61 means the company has ₤1.61 in assets for each ₤1 in short-term debts.

Let's take a look of the Current Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 1.605. The company is able to pay all its short-term debts. +1
  • The TTM is 1.852. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.605TTM1.852-0.247
TTM1.852YOY2.790-0.938
TTM1.8525Y2.791-0.938
5Y2.79110Y1.988+0.803
1.3.2. Quick Ratio

Measures if Eis is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Eis to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Quick Ratio of 0.46 means the company can pay off ₤0.46 for each ₤1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 0.457. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.698. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.457TTM0.698-0.241
TTM0.698YOY0.866-0.168
TTM0.6985Y0.692+0.006
5Y0.69210Y0.674+0.018

1.4. Solvency of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Eis assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Eis to Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Asset Ratio of 0.20 means that Eis assets are financed with 19.9% credit (debt) and the remaining percentage (100% - 19.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 0.199. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.222. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.199TTM0.222-0.023
TTM0.222YOY0.134+0.088
TTM0.2225Y0.141+0.081
5Y0.14110Y0.148-0.007
1.4.2. Debt to Equity Ratio

Measures if Eis is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Eis to the Drug Manufacturers - Specialty & Generic industry mean.
  • A Debt to Equity ratio of 24.8% means that company has ₤0.25 debt for each ₤1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The MRQ is 0.248. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.287. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.248TTM0.287-0.039
TTM0.287YOY0.157+0.130
TTM0.2875Y0.168+0.119
5Y0.16810Y0.178-0.010

2. Market Valuation of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₤1 in earnings Eis generates.

  • Above 15 is considered overpriced but always compare Eis to the Drug Manufacturers - Specialty & Generic industry mean.
  • A PE ratio of 2.81 means the investor is paying ₤2.81 for every ₤1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The EOD is 3.672. Based on the earnings, the company is cheap. +2
  • The MRQ is 2.812. Based on the earnings, the company is cheap. +2
  • The TTM is 7.715. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.672MRQ2.812+0.860
MRQ2.812TTM7.715-4.903
TTM7.715YOY9.234-1.519
TTM7.7155Y21.339-13.624
5Y21.33910Y14.788+6.550
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The EOD is 106.332. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 81.435. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 7.347. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD106.332MRQ81.435+24.897
MRQ81.435TTM7.347+74.087
TTM7.347YOY2.625+4.723
TTM7.3475Y4.416+2.931
5Y4.41610Y2.208+2.208
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Eis is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Drug Manufacturers - Specialty & Generic industry mean).
  • A PB ratio of 0.86 means the investor is paying ₤0.86 for each ₤1 in book value.

Let's take a look of the Price to Book Ratio trends of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS:

  • The EOD is 1.129. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.864. Based on the equity, the company is cheap. +2
  • The TTM is 1.321. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.129MRQ0.864+0.264
MRQ0.864TTM1.321-0.457
TTM1.321YOY1.067+0.254
TTM1.3215Y0.915+0.406
5Y0.91510Y0.814+0.101
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--23.7625.871+305%4.144+473%2.251+956%1.165+1940%
Book Value Per Share--50.85233.274+53%15.193+235%13.940+265%9.221+451%
Current Ratio--1.6051.852-13%2.790-42%2.791-42%1.988-19%
Debt To Asset Ratio--0.1990.222-11%0.134+48%0.141+41%0.148+34%
Debt To Equity Ratio--0.2480.287-14%0.157+58%0.168+48%0.178+40%
Dividend Per Share--0.2660.271-2%0.351-24%0.220+21%0.207+28%
Eps--3.9081.000+291%1.524+156%0.595+557%0.323+1110%
Free Cash Flow Per Share--0.1350.398-66%-0.005+104%0.150-10%0.150-10%
Free Cash Flow To Equity Per Share--0.1350.219-38%0.596-77%0.242-44%0.242-44%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%0.900+11%
Intrinsic Value_10Y_max--25.639--------
Intrinsic Value_10Y_min--21.558--------
Intrinsic Value_1Y_max--1.027--------
Intrinsic Value_1Y_min--1.008--------
Intrinsic Value_3Y_max--4.262--------
Intrinsic Value_3Y_min--4.045--------
Intrinsic Value_5Y_max--8.913--------
Intrinsic Value_5Y_min--8.172--------
Market Cap39333925836.800+23%30124031006.72028239565918.720+7%11426711033.600+164%10089669736.064+199%6143686627.401+390%
Net Profit Margin--0.9490.253+275%1.654-43%0.626+52%0.397+139%
Operating Margin---0.088-100%0.198-100%0.169-100%0.100-100%
Operating Ratio--1.9461.529+27%1.539+26%1.545+26%1.289+51%
Pb Ratio1.129+23%0.8641.321-35%1.067-19%0.915-6%0.814+6%
Pe Ratio3.672+23%2.8127.715-64%9.234-70%21.339-87%14.788-81%
Price Per Share57.400+23%43.96041.210+7%16.675+164%14.721+199%8.964+390%
Price To Free Cash Flow Ratio106.332+23%81.4357.347+1008%2.625+3003%4.416+1744%2.208+3588%
Price To Total Gains Ratio2.389+23%1.8306.792-73%19.913-91%17.490-90%18.325-90%
Quick Ratio--0.4570.698-35%0.866-47%0.692-34%0.674-32%
Return On Assets--0.0620.016+280%0.054+14%0.024+153%0.017+266%
Return On Equity--0.0770.020+285%0.066+17%0.029+168%0.020+285%
Total Gains Per Share--24.0286.143+291%4.495+435%2.471+872%1.372+1651%
Usd Book Value--1083740393.800709119621.400+53%323790333.725+235%297216105.245+265%196588290.590+451%
Usd Book Value Change Per Share--0.7390.183+305%0.129+473%0.070+956%0.036+1940%
Usd Book Value Per Share--1.5821.035+53%0.473+235%0.434+265%0.287+451%
Usd Dividend Per Share--0.0080.008-2%0.011-24%0.007+21%0.006+28%
Usd Eps--0.1220.031+291%0.047+156%0.019+557%0.010+1110%
Usd Free Cash Flow--2876096.9008472767.375-66%-102147.950+104%2556182.085+13%1278091.043+125%
Usd Free Cash Flow Per Share--0.0040.012-66%0.000+104%0.005-10%0.005-10%
Usd Free Cash Flow To Equity Per Share--0.0040.007-38%0.019-77%0.008-44%0.008-44%
Usd Market Cap1223285093.524+23%936857364.309878250500.072+7%355370713.145+164%313788728.792+199%191068654.112+390%
Usd Price Per Share1.785+23%1.3671.282+7%0.519+164%0.458+199%0.279+390%
Usd Profit--83281943.60021302256.000+291%32482084.000+156%12684876.735+557%6881266.083+1110%
Usd Revenue--87716803.60050378089.175+74%14233016.075+516%17415740.315+404%12728154.718+589%
Usd Total Gains Per Share--0.7470.191+291%0.140+435%0.077+872%0.043+1651%
 EOD+4 -4MRQTTM+21 -14YOY+21 -145Y+22 -1310Y+22 -14

3.2. Fundamental Score

Let's check the fundamental score of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.672
Price to Book Ratio (EOD)Between0-11.129
Net Profit Margin (MRQ)Greater than00.949
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.457
Current Ratio (MRQ)Greater than11.605
Debt to Asset Ratio (MRQ)Less than10.199
Debt to Equity Ratio (MRQ)Less than10.248
Return on Equity (MRQ)Greater than0.150.077
Return on Assets (MRQ)Greater than0.050.062
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.992
Ma 20Greater thanMa 5053.818
Ma 50Greater thanMa 10052.450
Ma 100Greater thanMa 20050.279
OpenGreater thanClose56.500
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Minority Interest  -288113-175108-67-1-68305237
Operating Income  58,753338,625397,378-318,03879,34099,791179,131-578,026-398,895



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in TRY. All numbers in thousands.

Summary
Total Assets43,497,104
Total Liabilities8,650,146
Total Stockholder Equity34,844,374
 As reported
Total Liabilities 8,650,146
Total Stockholder Equity+ 34,844,374
Total Assets = 43,497,104

Assets

Total Assets43,497,104
Total Current Assets5,482,147
Long-term Assets38,014,957
Total Current Assets
Cash And Cash Equivalents 2,007,654
Short-term Investments 210,313
Net Receivables 1,350,179
Inventory 1,596,776
Other Current Assets 381
Total Current Assets  (as reported)5,482,147
Total Current Assets  (calculated)5,165,303
+/- 316,844
Long-term Assets
Property Plant Equipment 3,957,656
Intangible Assets 1,397,291
Long-term Assets  (as reported)38,014,957
Long-term Assets  (calculated)5,354,947
+/- 32,660,010

Liabilities & Shareholders' Equity

Total Current Liabilities3,414,661
Long-term Liabilities5,235,485
Total Stockholder Equity34,844,374
Total Current Liabilities
Short Long Term Debt 1,177,189
Accounts payable 1,057,615
Other Current Liabilities 1,030
Total Current Liabilities  (as reported)3,414,661
Total Current Liabilities  (calculated)2,235,834
+/- 1,178,827
Long-term Liabilities
Long term Debt 1,787,288
Capital Lease Obligations Min Short Term Debt117,370
Long-term Liabilities  (as reported)5,235,485
Long-term Liabilities  (calculated)1,904,658
+/- 3,330,827
Total Stockholder Equity
Retained Earnings 17,638,026
Total Stockholder Equity (as reported)34,844,374
Total Stockholder Equity (calculated)17,638,026
+/- 17,206,348
Other
Capital Stock685,260
Common Stock Shares Outstanding 685,260
Net Debt 956,823
Net Invested Capital 37,808,851
Net Working Capital 2,067,486
Property Plant and Equipment Gross 4,336,060



Balance Sheet

Currency in TRY. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-03-312006-12-31
> Total Assets 
1,725,198
0
2,086,699
2,000,365
1,974,047
1,962,988
2,023,850
2,064,721
2,004,056
2,275,218
2,489,055
2,496,917
2,479,171
2,465,704
2,662,224
2,719,855
2,774,183
2,855,466
3,031,767
3,056,187
3,057,315
3,064,982
3,480,072
3,433,260
3,407,732
3,419,731
3,437,219
3,418,754
3,354,475
3,340,081
3,263,485
3,314,853
3,329,200
3,412,852
3,369,830
3,544,974
3,439,484
3,488,082
3,992,703
4,078,392
3,988,918
3,376,607
3,831,375
3,933,329
3,964,301
4,096,274
4,456,472
4,565,812
4,426,246
4,416,028
4,838,337
5,017,914
4,984,991
5,178,226
5,970,231
6,122,044
6,025,165
6,085,406
8,264,593
8,523,684
8,581,245
8,751,248
23,231,857
23,682,378
24,354,032
25,224,242
43,497,104
43,497,10425,224,24224,354,03223,682,37823,231,8578,751,2488,581,2458,523,6848,264,5936,085,4066,025,1656,122,0445,970,2315,178,2264,984,9915,017,9144,838,3374,416,0284,426,2464,565,8124,456,4724,096,2743,964,3013,933,3293,831,3753,376,6073,988,9184,078,3923,992,7033,488,0823,439,4843,544,9743,369,8303,412,8523,329,2003,314,8533,263,4853,340,0813,354,4753,418,7543,437,2193,419,7313,407,7323,433,2603,480,0723,064,9823,057,3153,056,1873,031,7672,855,4662,774,1832,719,8552,662,2242,465,7042,479,1712,496,9172,489,0552,275,2182,004,0562,064,7212,023,8501,962,9881,974,0472,000,3652,086,69901,725,198
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,348,493
716,716
741,324
833,587
860,364
972,637
912,383
1,053,623
912,312
905,183
1,001,345
1,186,136
1,203,730
1,337,639
1,267,436
1,426,016
1,345,692
1,330,133
1,797,047
2,021,716
1,987,385
2,131,581
2,652,966
3,333,764
3,823,101
4,541,702
5,482,147
5,482,1474,541,7023,823,1013,333,7642,652,9662,131,5811,987,3852,021,7161,797,0471,330,1331,345,6921,426,0161,267,4361,337,6391,203,7301,186,1361,001,345905,183912,3121,053,623912,383972,637860,364833,587741,324716,7161,348,4930000000000000000000000000000000000000000
       Cash And Cash Equivalents 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
444,076
499,571
506,419
555,589
610,130
729,358
619,899
663,161
604,744
594,989
672,782
804,367
886,312
961,400
856,115
983,006
921,509
872,421
1,265,256
1,259,908
1,290,638
1,324,443
556,168
447,424
1,420,656
1,612,229
2,007,654
2,007,6541,612,2291,420,656447,424556,1681,324,4431,290,6381,259,9081,265,256872,421921,509983,006856,115961,400886,312804,367672,782594,989604,744663,161619,899729,358610,130555,589506,419499,571444,0760000000000000000000000000000000000000000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,215
1,233
1,204
1,254
1,360
2,109
18,213
25,074
28,165
66,054
67,868
166,593
247,163
240,549
304,757
388,038
495,871
207,823
194,559
210,313
210,313194,559207,823495,871388,038304,757240,549247,163166,59367,86866,05428,16525,07418,2132,1091,3601,2541,2041,2331,21500000000000000000000000000000000000000000000000
       Net Receivables 
389,812
0
237,405
255,490
275,820
261,162
224,154
248,775
260,360
243,380
210,265
219,627
241,244
236,082
207,558
240,709
263,929
240,246
207,945
258,050
285,681
290,235
270,183
252,524
293,422
296,403
217,907
253,538
256,826
252,912
228,911
284,387
301,242
286,187
243,615
364,396
439,782
421,471
357,530
418,774
170,815
144,858
154,087
198,772
171,036
153,734
187,440
217,976
150,818
166,255
234,051
267,849
174,536
210,819
226,080
261,075
236,042
263,442
233,544
340,442
251,333
311,595
839,337
1,255,257
1,017,625
1,355,346
1,350,179
1,350,1791,355,3461,017,6251,255,257839,337311,595251,333340,442233,544263,442236,042261,075226,080210,819174,536267,849234,051166,255150,818217,976187,440153,734171,036198,772154,087144,858170,815418,774357,530421,471439,782364,396243,615286,187301,242284,387228,911252,912256,826253,538217,907296,403293,422252,524270,183290,235285,681258,050207,945240,246263,929240,709207,558236,082241,244219,627210,265243,380260,360248,775224,154261,162275,820255,490237,4050389,812
       Other Current Assets 
3,059
0
10,933
8,757
23,194
9,861
3,859
92,143
93,945
4,302
2,700
9,847
10,742
8,569
2,910
7,285
20,171
5,405
4,957
13,675
10,913
7,860
4,603
8,594
4,423
2,631
3,377
4,807
1,344
4,868
2,141
13,162
10,449
8,527
11,739
20,180
14,264
9,400
12,397
21,320
639,751
7,253
7,828
12,085
9,265
12,220
14,160
2,388
1,909
1,099
249
6,682
7,837
10,120
7,953
35,549
2,926
1,806
4,542
9,455
13,175
4,250
69,699
143,434
104,102
0
381
3810104,102143,43469,6994,25013,1759,4554,5421,8062,92635,5497,95310,1207,8376,6822491,0991,9092,38814,16012,2209,26512,0857,8287,253639,75121,32012,3979,40014,26420,18011,7398,52710,44913,1622,1414,8681,3444,8073,3772,6314,4238,5944,6037,86010,91313,6754,9575,40520,1717,2852,9108,56910,7429,8472,7004,30293,94592,1433,8599,86123,1948,75710,93303,059
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,512,189
3,513,934
3,510,845
3,836,992
3,831,778
3,781,261
3,840,587
4,702,795
4,696,028
4,679,473
4,755,273
6,467,546
6,501,968
6,593,860
6,619,667
20,578,891
20,348,614
20,530,931
20,682,540
38,014,957
38,014,95720,682,54020,530,93120,348,61420,578,8916,619,6676,593,8606,501,9686,467,5464,755,2734,679,4734,696,0284,702,7953,840,5873,781,2613,831,7783,836,9923,510,8453,513,9343,512,18900000000000000000000000000000000000000000000000
       Property Plant Equipment 
193,009
0
63,041
64,178
63,744
69,790
67,283
66,330
66,274
66,210
68,051
69,000
70,583
70,332
72,021
72,002
72,859
77,222
79,013
90,463
89,475
88,385
101,172
57,537
56,692
56,760
45,815
45,546
61,392
61,591
63,314
66,607
73,996
82,641
102,181
114,902
116,862
116,815
122,388
122,172
6,322
6,178
6,066
5,949
6,834
6,309
6,048
28,607
25,957
22,731
19,916
18,336
16,096
13,767
25,456
22,133
19,481
36,515
47,719
43,638
41,369
36,801
2,185,755
2,157,899
2,211,890
2,237,676
3,957,656
3,957,6562,237,6762,211,8902,157,8992,185,75536,80141,36943,63847,71936,51519,48122,13325,45613,76716,09618,33619,91622,73125,95728,6076,0486,3096,8345,9496,0666,1786,322122,172122,388116,815116,862114,902102,18182,64173,99666,60763,31461,59161,39245,54645,81556,76056,69257,537101,17288,38589,47590,46379,01377,22272,85972,00272,02170,33270,58369,00068,05166,21066,27466,33067,28369,79063,74464,17863,0410193,009
       Goodwill 
4,399
0
5,494
5,638
5,638
31,950
32,057
32,094
32,615
32,615
32,574
32,574
32,574
32,574
32,574
32,574
32,574
35,731
35,731
35,731
35,731
35,731
75,954
39,511
39,511
39,511
39,511
39,511
39,511
39,511
28,159
28,159
28,159
28,159
24,117
24,117
24,117
24,117
24,117
24,117
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000000000000024,11724,11724,11724,11724,11724,11728,15928,15928,15928,15939,51139,51139,51139,51139,51139,51139,51175,95435,73135,73135,73135,73135,73132,57432,57432,57432,57432,57432,57432,57432,61532,61532,09432,05731,9505,6385,6385,49404,399
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,251,767
2,256,502
2,693,223
2,698,403
2,706,357
2,727,142
3,147,008
3,094,119
3,092,237
3,092,496
3,431,595
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000003,431,5953,092,4963,092,2373,094,1193,147,0082,727,1422,706,3572,698,4032,693,2232,256,5022,251,7670000000000000000000000000000000000000000
       Intangible Assets 
24,257
0
13,174
14,085
12,483
59,612
59,405
60,848
60,474
59,561
58,529
58,429
58,598
57,657
58,449
58,618
57,377
61,209
62,577
62,122
62,207
61,501
126,425
70,951
71,882
72,188
72,858
71,926
71,404
71,012
59,482
59,111
59,743
60,915
57,465
58,872
58,982
60,107
59,183
58,409
10,951
11,376
10,620
14,736
14,852
14,561
14,396
14,250
14,428
14,468
14,853
14,675
14,764
18,203
10,429
10,201
11,268
11,963
21,671
25,398
27,699
36,304
828,087
816,416
813,519
800,386
1,397,291
1,397,291800,386813,519816,416828,08736,30427,69925,39821,67111,96311,26810,20110,42918,20314,76414,67514,85314,46814,42814,25014,39614,56114,85214,73610,62011,37610,95158,40959,18360,10758,98258,87257,46560,91559,74359,11159,48271,01271,40471,92672,85872,18871,88270,951126,42561,50162,20762,12262,57761,20957,37758,61858,44957,65758,59858,42958,52959,56160,47460,84859,40559,61212,48314,08513,174024,257
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,512,189
10,325
10,324
3,836,992
7,984
0
0
12,095
0
0
0
5,603
0
0
0
0
2
0
0
0
000200005,60300012,095007,9843,836,99210,32410,3253,512,18900000000000000000000000000000000000000000000000
> Total Liabilities 
505,027
0
409,848
294,355
285,107
274,941
292,418
315,453
310,940
304,580
298,830
288,071
292,079
277,284
274,913
309,888
374,478
404,710
414,563
449,280
511,181
505,072
573,182
529,428
539,207
520,927
517,042
489,300
488,133
492,815
502,440
522,187
564,267
578,720
629,770
671,535
706,321
727,010
748,213
795,223
957,419
293,016
350,720
401,049
446,072
460,686
458,628
576,461
531,343
520,075
561,079
653,444
609,078
661,274
687,923
698,510
615,858
625,519
868,825
937,239
1,017,574
1,009,973
4,478,189
4,776,707
5,465,218
6,660,589
8,650,146
8,650,1466,660,5895,465,2184,776,7074,478,1891,009,9731,017,574937,239868,825625,519615,858698,510687,923661,274609,078653,444561,079520,075531,343576,461458,628460,686446,072401,049350,720293,016957,419795,223748,213727,010706,321671,535629,770578,720564,267522,187502,440492,815488,133489,300517,042520,927539,207529,428573,182505,072511,181449,280414,563404,710374,478309,888274,913277,284292,079288,071298,830304,580310,940315,453292,418274,941285,107294,355409,8480505,027
   > Total Current Liabilities 
352,275
0
334,165
211,794
214,532
198,235
215,659
236,981
245,608
242,133
242,236
225,851
227,201
210,712
184,184
202,881
275,638
305,709
304,427
346,284
409,295
411,365
439,515
417,012
437,012
418,750
416,193
390,019
389,279
394,462
375,960
400,364
443,112
453,027
475,926
523,229
588,200
607,842
602,151
648,737
828,357
164,225
210,146
259,761
258,779
250,586
241,737
347,544
328,390
342,301
358,554
391,357
352,923
437,300
414,110
457,065
384,396
379,631
542,941
622,440
703,053
696,522
1,310,277
1,555,959
1,973,439
2,633,652
3,414,661
3,414,6612,633,6521,973,4391,555,9591,310,277696,522703,053622,440542,941379,631384,396457,065414,110437,300352,923391,357358,554342,301328,390347,544241,737250,586258,779259,761210,146164,225828,357648,737602,151607,842588,200523,229475,926453,027443,112400,364375,960394,462389,279390,019416,193418,750437,012417,012439,515411,365409,295346,284304,427305,709275,638202,881184,184210,712227,201225,851242,236242,133245,608236,981215,659198,235214,532211,794334,1650352,275
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,176
16,109
3,244
15,583
40,361
15,681
35,870
49,684
74,605
85,896
70,650
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000070,65085,89674,60549,68435,87015,68140,36115,5833,24416,10928,1760000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,176
16,109
3,244
15,583
40,361
15,681
35,870
49,684
74,605
85,896
70,650
74,469
100,925
131,936
102,882
111,825
90,598
130,697
82,405
174,826
202,876
184,619
431,941
513,038
835,616
828,025
1,177,189
1,177,189828,025835,616513,038431,941184,619202,876174,82682,405130,69790,598111,825102,882131,936100,92574,46970,65085,89674,60549,68435,87015,68140,36115,5833,24416,10928,1760000000000000000000000000000000000000000
       Accounts payable 
83,393
0
122,862
140,989
141,190
120,126
123,507
141,075
167,207
154,319
151,035
145,779
154,823
159,324
129,458
158,351
177,044
209,169
206,362
210,845
231,816
230,216
230,858
250,863
274,133
274,390
240,844
246,170
232,311
237,816
226,821
257,933
270,933
254,357
252,522
319,627
325,249
335,147
343,870
365,082
138,560
118,779
133,183
164,302
153,801
172,245
193,417
203,251
201,898
202,415
231,813
268,048
208,561
242,552
273,351
293,378
239,080
211,337
290,135
338,716
320,155
355,538
655,854
743,004
837,315
1,339,565
1,057,615
1,057,6151,339,565837,315743,004655,854355,538320,155338,716290,135211,337239,080293,378273,351242,552208,561268,048231,813202,415201,898203,251193,417172,245153,801164,302133,183118,779138,560365,082343,870335,147325,249319,627252,522254,357270,933257,933226,821237,816232,311246,170240,844274,390274,133250,863230,858230,216231,816210,845206,362209,169177,044158,351129,458159,324154,823145,779151,035154,319167,207141,075123,507120,126141,190140,989122,862083,393
       Other Current Liabilities 
153,244
0
129,152
18,706
16,983
20,852
29,075
29,741
22,248
29,185
27,211
33,569
33,690
23,102
20,058
22,409
59,970
58,671
47,534
67,137
103,889
114,958
120,458
111,204
99,866
79,820
109,996
49,987
37,140
22,126
36,023
28,621
28,069
40,174
33,442
44,323
44,156
36,326
50,469
47,868
662,009
29,451
73,363
79,604
54,020
49,622
4,509
60,544
6,871
6,757
37,195
29,573
24,795
42,370
13,718
28,251
36,923
18,210
140,033
86,448
151,079
124,314
107,721
234,372
148,694
988
1,030
1,030988148,694234,372107,721124,314151,07986,448140,03318,21036,92328,25113,71842,37024,79529,57337,1956,7576,87160,5444,50949,62254,02079,60473,36329,451662,00947,86850,46936,32644,15644,32333,44240,17428,06928,62136,02322,12637,14049,987109,99679,82099,866111,204120,458114,958103,88967,13747,53458,67159,97022,40920,05823,10233,69033,56927,21129,18522,24829,74129,07520,85216,98318,706129,1520153,244
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
228,917
202,953
177,774
202,525
262,087
256,155
223,974
273,813
241,445
231,462
245,888
325,884
314,799
314,521
313,451
3,167,912
3,220,748
3,491,779
4,026,937
5,235,485
5,235,4854,026,9373,491,7793,220,7483,167,912313,451314,521314,799325,884245,888231,462241,445273,813223,974256,155262,087202,525177,774202,953228,91700000000000000000000000000000000000000000000000
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-28,176
-16,109
-3,244
-15,583
-40,361
-15,681
-35,870
-34,599
-52,239
-67,078
-53,486
15,588
13,535
12,432
24,587
22,088
17,958
34,861
45,177
41,915
39,528
35,798
58,011
49,473
91,694
82,897
117,370
117,37082,89791,69449,47358,01135,79839,52841,91545,17734,86117,95822,08824,58712,43213,53515,588-53,486-67,078-52,239-34,599-35,870-15,681-40,361-15,583-3,244-16,109-28,1760000000000000000000000000000000000000000
> Total Stockholder Equity
1,200,798
1,220,171
1,658,802
1,687,368
1,668,269
1,666,798
1,715,677
1,732,852
1,675,193
1,951,381
2,171,203
2,189,972
2,169,570
2,170,151
2,368,530
2,391,005
2,385,642
2,435,587
2,601,086
2,590,524
2,532,564
2,541,752
2,859,732
2,857,032
2,824,374
2,854,825
2,881,281
2,891,277
2,825,213
2,813,828
2,743,841
2,776,342
2,750,022
2,824,050
2,736,132
2,864,801
2,721,709
2,748,144
3,250,755
3,291,135
3,033,977
3,083,519
3,480,588
3,532,205
3,518,164
3,635,541
3,997,807
3,989,316
3,894,871
3,895,921
4,277,221
4,364,412
4,375,859
4,516,883
5,282,246
5,423,471
5,409,236
5,459,805
7,395,694
7,586,348
7,563,594
7,741,173
18,751,906
18,903,734
18,886,810
18,561,736
34,844,374
34,844,37418,561,73618,886,81018,903,73418,751,9067,741,1737,563,5947,586,3487,395,6945,459,8055,409,2365,423,4715,282,2464,516,8834,375,8594,364,4124,277,2213,895,9213,894,8713,989,3163,997,8073,635,5413,518,1643,532,2053,480,5883,083,5193,033,9773,291,1353,250,7552,748,1442,721,7092,864,8012,736,1322,824,0502,750,0222,776,3422,743,8412,813,8282,825,2132,891,2772,881,2812,854,8252,824,3742,857,0322,859,7322,541,7522,532,5642,590,5242,601,0862,435,5872,385,6422,391,0052,368,5302,170,1512,169,5702,189,9722,171,2031,951,3811,675,1931,732,8521,715,6771,666,7981,668,2691,687,3681,658,8021,220,1711,200,798
   Common Stock
182,736
0
182,736
182,736
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
548,208
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
685,260
0
0
00685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260685,260548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208548,208182,736182,7360182,736
   Retained Earnings 
242,098
0
784,292
813,834
429,300
427,770
396,797
406,707
349,302
624,595
625,112
644,864
627,294
626,748
647,117
668,664
661,877
708,441
697,166
688,150
628,395
637,024
675,034
675,305
641,266
672,054
683,514
693,188
626,442
614,205
587,593
619,911
594,335
664,554
619,880
748,364
605,041
631,616
541,103
577,110
320,039
370,009
350,671
402,241
388,190
505,567
454,634
246,387
120,443
121,493
413,161
500,352
552,420
693,444
686,626
827,851
813,616
864,185
1,292,429
1,483,085
1,428,502
1,600,008
6,908,654
7,100,926
7,028,242
6,082,371
17,638,026
17,638,0266,082,3717,028,2427,100,9266,908,6541,600,0081,428,5021,483,0851,292,429864,185813,616827,851686,626693,444552,420500,352413,161121,493120,443246,387454,634505,567388,190402,241350,671370,009320,039577,110541,103631,616605,041748,364619,880664,554594,335619,911587,593614,205626,442693,188683,514672,054641,266675,305675,034637,024628,395688,150697,166708,441661,877668,664647,117626,748627,294644,864625,112624,595349,302406,707396,797427,770429,300813,834784,2920242,098
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,028,678
2,028,250
2,444,657
2,444,704
2,444,714
2,444,714
2,857,913
2,857,972
2,858,015
2,858,015
3,178,800
3,178,800
3,138,179
3,138,179
3,910,360
3,910,360
3,910,360
3,910,360
5,418,005
5,418,003
5,449,832
5,455,905
11,157,992
11,117,548
11,173,308
0
0
0011,173,30811,117,54811,157,9925,455,9055,449,8325,418,0035,418,0053,910,3603,910,3603,910,3603,910,3603,138,1793,138,1793,178,8003,178,8002,858,0152,858,0152,857,9722,857,9132,444,7142,444,7142,444,7042,444,6572,028,2502,028,6780000000000000000000000000000000000000000



Balance Sheet

Currency in TRY. All numbers in thousands.




Cash Flow

Currency in TRY. All numbers in thousands.