FINANCIAL STATEMENTS

Summary Tables

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Main Financial Indicators (Million TL) 2020 2019 2018 2017 2016
Export Revenues 34,626 33,375 27,303 17,830 12,287
Domestic Revenues 14,825 5,834 5,989 7,511 6,002
Revenues 49,451 39,209 33,292 25,341 18,289
Gross Profit 6,187 4,015 3,459 2,637 2,086
Operating Profit 4,806 2,422 2,285 1,708 1,111
EBITDA 5,722 3,198 2,854 2,182 1,567
Profit Before Tax 4,108 1,950 1,761 1,481 970
Net Profit 4,195 1,959 1,683 1,490 955
Earnings Per Share (for Kr 1 nominal value) 11.95 5.58 4.80 4.25 2.72
Main Financial Indicators (Million TL) 2020 2019 2018 2017 2016
Cash & Cash Equivalents 8,124 3,203 1,393 1,806 1,189
Total Financial Debt (8,081) (6,119) (4,483) (3,604) (2,852)
Net Financial Debt 43 (3,005) (3,090) (1,798) (1,663)
Financial Ratios 2020 2019 2018 2017 2016
Current Ratio 1.41 1.17 1.02 1.13 1.09
Liquidity Ratio 1.13 0.87 0.64 0.87 0.79
Net Financial Debt / Tangible Net Worth (0.01) 0.78 1.01 0.60 0.64
Current Assets / Total Assets 0.72 0.62 0.56 0.57 0.50
Current Liabilities / Total Liabilities 0.72 0.74 0.78 0.73 0.70
Total Liabilities / Total Liabilities and Equity 0.71 0.72 0.70 0.73 0.66
Return on Equity 59.6% 42.0% 43.2% 40.3% 30.2%
Margins 2020 2019 2018 2017 2016
EBITDA Margin 11.6% 8.2% 8.6% 8.6% 8.6%
Gross Margin 12.5% 10.2% 10.4% 10.4% 11.4%
Net Income Margin 8.5% 5.0% 5.1% 5.9% 5.2%
Operating Margin 9.7% 6.2% 6.9% 6.7% 6.1%
Other 2020 2019 2018 2017 2016
Dividend Payment (Million TL) 1,095 1,284 1,204 790 663
Number of Employees (Year-end) 12,517 10,899 10,598 11,501 10,261