2002 Annual Report - Turkish Airlines

2002 • 63TURKISH AIRLINES INC.NOTES TO INCOME STATEMENT13- Gains and Losses related to the prior year is as follows:31.12.2002 31.12.2001Previous Period IncomeReclassification of prior periods education expenses 1,976,916 -Credit notes dated to 2001 received from CFM INTL, HAMILTON, AIRBUS INDUSTRIE 994,298 -Prior year revenues coming from KTHY invoices 686,133 306,485Cancellation of incentive premium given by Telaviv Office in 2001 374,416 -The misrecord of the purchase invoice issued by Air France 374,287 -Türksan Turizm sales commission amount 313,944 -Return commission of Zurich Office in 2001 262,838 -Amount expensed in 2001 but realized as manufacturers’ credit revenue later on. 253,178 -Aeroflot royalty expense 2001 period accrual-invoice difference 149,494 -Prior year traveler income 140,834 -Discount on catering services for the year 2001 197,318 177,887Receivable amount from Transword Air for year 2001 109,399 -Paris handling discount for the year 2001 100,494 -Income from the rejection of invoices of companies that rendered services through Clearing House 99,338 428,523Credit note obtained at the delivery of aircraft with a serial number of 25372 75,974 -Closing of Chicago agency car insurance, fuel tax return and prior year credit notes 70,462 -Biflkek and Amman agencies tax receivables 87,909 -Recording of EB‹ support services invoices for the previous period 42,671 -Over calculation of New York Head Office technical office rent expense 39,829 -Technical material warehouse movement corrections 38,983 -Difference between expenses accrued and realized by fiam Office 37,893 33,168Recording of manufacturers’ credit note of Boeing 34,388 -Ticket, cargo and other revenues - 475,131Cancellation of Brussels year 2000 fuel expense - 48,321Total credit notes issued for the spare parts purchased in 2001 from foreign companies. - 1,539,331Discount made by ILFC in 2000, for the leasing of the plane TC-JDI - 61,177Prior year cheque collection (NTS company) - 65,078Correction for the fixed assets purchased in 2000 - 66,723Over collected VAT in Lyon for year 2000 - 61,164Estimation for the damage the cargo containing dangerous materials gave to the plane - 106,784Swissair cargo handling ULD apparatus usage invoice - 849,336Prior year VAT receivable from Bakü - 217,010Write off of year 2000 income accruals. - 210,845Other 481,567 894,2966,942,563 5,541,259