2002 Annual Report - Turkish Airlines

2002 • 41TURKISH AIRLINES INC.BALANCE SHEET AND INCOME STATEMENTS TRENDS-2002BALANCE SHEET 31.12.2001 31.12.2002 BALANCE SHEET 31.12.2001 31.12.2002ASSETSLIABILITIESCURRENT ASSETSCURRENT LIABILITIESLiquid Assets 100% 356% Financial Liabilities 100% 134%Marketable Securities 100% 121% Trade Payables 100% 91%Trade Receivables (Net) 100% 141% Other Liabilities 100% 1840%Inventories 100% 139% Advances Received 100% 19697%Prepaid Expenses and Income Accruals 100% 111% Taxes and Other Obligations Payable 100% 130%Other Current Assets 100% 83% Provisions for Obligations and Expenses 100% 88%Other Receivables 100% 171% Unearned Revenue and Expense Accruals 100% 204%Total Current Assets 100% 208% Other Current Liabilities 100% 2%Total Current Liabilities 100% 148%LONG-TERM ASSETSTrade Receivables 100% 104% LONG-TERM LIABILITIESOther Receivables 100% 171% Financial Liabilities 100% 0%Financial Fixed Assets 100% 1778% Trade Payables 100% (*)Tangible Fixed Assets 100% 107% Other Liabilities 100% 32%Intangible Fixed Assets 100% 132% Advances Received 100% 0%Amortizable Assets 100% 95% Provisions for Obligations and Expenses 100% 140%Prepaid Expenses and Income Accruals 100% 99% Unearned Revenue and Expense Accruals 100% 0%Other Long-Term Assets 100% 124% Other Long-Term Liabilities 100% 0%Total Long-Term Assets 100% 110% Total Long-Term Liabilities 100% 153%SHAREHOLDERS' EQUITYPaid-in Capital 100% 100%Capital Reserves 100% 176%Profit Reserves 100% 249%Retained Earnings 100% 0%Prior Losses 100% 85%Net Current Profit or Loss 100% 338%Total Shareholders' Equity 100% 195%TOTAL LIABILITIES ANDAKT‹F TOPLAMI 100% 163% SHAREHOLDERS EQUITY 100% 163%TURKISH AIRLINES INC.E⁄‹L‹M YÜZDELER‹NE GÖRE 2001 VE 2002 YILLARI GEL‹R TABLOLARI01.01.2001 01.01.2002INCOME STATEMENTS 31.12.2001 31.12.2002A- GROSS SALES 100% 138%B- SALES DISCOUNTS (-) 100% 310%C- NET SALES (A-B) 100% 130%D- COST OF SALES (-) 100% 115%GROSS SALES PROFIT OR LOSS (C-D) 100% 230%E- OPERATING EXPENSES (-) 100% 125%OPERATING PROFIT OR LOSS (C-D-E) 100% (11)%F- REVENUES AND PROFIT FROM OTHER OPERATIONS 100% 123%G- EXPENSES AND LOSSES FROM 100% 414%OTHER OPERATIONS (-)H- FINANCIAL EXPENSES (-) 100% 1%ORDINARY PROFIT OR LOSS 100% (127)%I- EXTRAORDINARY REVENUES AND PROFIT 100% 22%J- EXTRAORDINARY EXPENSES AND LOSSES (-) 100% 32%CURRENT PROFIT OR LOSSES 100% 5%K- PROVISION FOR TAXES AND OTHER LEGAL OBLIGATIONS PAYABLE ON CURRENT PROFIT (-) - (*)NET CURRENT PROFIT OR LOSS 100% 338%(*) The Accounts which had zero balance in 2001, showed a balance at the end of 2002