FINANCIAL STATEMENTS

Summary Tables

Click here to download the document.

Main Financial Indicators (Million TL) 2017 2016 2015 2014 2013
Revenues 25,341 18,289 16,746 11,925 11,405
Export Revenues 17,830 12,287 10,723 4,238 4,106
Domestic Revenues 7,511 6,002 6,023 7,687 7,299
Gross Profit 2,637 2,086 1,860 1,131 1,128
Operating Profit 1,708 1,111 1,036 541 670
EBITDA 2,182 1,567 1,441 846 856
Profit Before Tax 1,481 970 866 390 452
Net Profit 1,490 955 842 595 641
Earnings Per Share (for Kr 1 nominal value) 4.25 2.72 2.40 1.70 1.83
Main Financial Indicators (Million TL) 2017 2016 2015 2014 2013
Cash & Cash Equivalents 1,806 1,189 980 577 238
Total Financial Debt 3,604 (2,852) (2,561) (2,350) (2,291)
Net Financial Debt (1,798) (1,663) (1,580) (1,773) (2,053)
Financial Ratios 2017 2016 2015 2014 2013
Current Ratio 1.13 1.09 1.05 1.00 1.02
Liquidity Ratio 0.87 0.79 0.73 0.74 0.71
Net Financial Debt / Tangible Net Worth 0.60 0.64 0.63 0.79 1.13
Current Assets / Total Assets 0.57 0.50 0.48 0.41 0.41
Current Liabilities / Total Liabilities 0.73 0.70 0.71 0.66 0.64
Total Liabilities / Total Liabilities and Equity 0.73 0.66 0.64 0.62 0.63
Return on Equity 40.3% 30.2% 27.5% 21.6% 28.7%
Margins 2017 2016 2015 2014 2013
EBITDA Margin 8.6% 8.6% 8.6% 7.1% 7.5%
Gross Margin 10.4% 11.4% 11.1% 9.5% 9.9%
Net Income Margin 5.9% 5.2% 5.0% 5.0% 5.6%
Operating Margin 6.7% 6.1% 6.2% 4.5% 5.9%
Other 2017 2016 2015 2014 2013
Dividend Payment (Million TL) 790 663 400 175 300
Number of Employees (Year-end) 11,501 10,261 10,676 9,762 9,444