12 Months Financial Report - Turkish Airlines

TÜRK HAVA YOLLARI ANONİM ORTAKLIĞINOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER, 20096 CASH AND CASH EQUIVALENTS31 December 2009 31 December 2008Cash 540.180 356.049Cheques received 769 244.458Banks – Time deposits 974.329.053 365.786.513Banks – Demand Deposits 100.193.848 122.908.559Other liquid assets 21.048.019 15.610.1421.096.111.869 504.905.721Time Deposits:Amount Currency Opening Date Interest Rate Maturity 31 December 200921.05.2009 04.01.2010%5,85-%13,7238.174.400 TL 31.12.2009 22.02.2010 238.174.40020.07.2009 18.01.2010%1,75-%4,5087.427.313 EUR 31.12.2009 20.01.2010 188.869.22423.01.2009 04.01.2010%0,20-%6,00363.475.745 USD 31.12.2009 25.02.2010 547.285.429974.329.053Amount Currency Opening Date Interest Rate Maturity 31 December 200817.11.2008 %13,50- 02.01.200990.700.000 TL 31.12.2008 %23,50 22.01.200990.700.00023.050.000 EUR 07.11.2008 %7,76 05.02.200949.345.44024.10.2008 02.01.2009149.270.034 USD 31.12.2008 %2,00-%7,50 22.01.2009 225.741.073365.786.5137 FINANCIAL ASSETSShort-term financial assets are as follows:31 December 2009 31 December 2008Time deposits with maturity more than 3 months 175.000.000 1.403.033.703Derivative instruments at fair values (Note 39) 47.298.370 39.599.159222.298.370 1.442.632.862Time deposits with maturity of more than 3 months:Amount Currency Opening Date Interest Rate Maturity 31 December 200920.07.2009 11,55% 20.07.2010175.000.000 TL 20.07.2009 12,50% 20.07.2010 175.000.000175.000.00029