EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.
CONDENSED STANDALONE FINANCIAL STATEMENTS FOR THE PERIOD 1 JANUARY - 30 SEPTEMBER 2022
(CONVENIENCE TRANSLATION OF THE REPORT FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH)
INDEX | PAGE |
CONDENSED STANDALONE STATEMENT OF FINANCIAL POSITION …………………………………… | 1-2 |
CONDENSED STANDALONE STATEMENT OF PROFIT OR LOSS | |
AND OTHER COMPREHENSIVE INCOME…………………………………………………………………… | 3 |
CONDENSED STANDALONE STATEMENT OF CHANGES IN EQUITY……………………………………… | 4 |
CONDENSED STANDALONE STATEMENT OF CASH FLOWS………………………………………………… | 5 |
NOTES TO THE CONDENSED STANDALONE FINANCIAL STATEMENTS………………………………… | 6-38 |
EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.
CONDENSED STANDALONE STATEMENT OF FINANCIAL POSITION AS OF 30 SEPTEMBER 2022 AND 31 DECEMBER 2021
(Amounts are expressed in thousands of Turkish Lira ("TL") unless otherwise stated.)
Not | |||
Reviewed | Audited | ||
30 September | 31 December | ||
Notes | 2022 | 2021 | |
ASSETS | |||
Current assets | 34,187,093 | 25,584,608 | |
Cash and cash equivalents | 4 | 3,407,568 | 3,634,384 |
Financial investments | 5 | - | 500 |
Trade receivables | 7 | 2,956,446 | 2,677,904 |
Trade receivables due from related parties | 21 | - | 14,971 |
Trade receivables due from third parties | 2,956,446 | 2,662,933 | |
Other receivables | 8 | 555,755 | 551,668 |
Other receivables due from third parties | 555,755 | 551,668 | |
Inventories | 9 | 25,945,561 | 17,561,543 |
Prepaid expenses | 681,974 | 958,716 | |
Prepaid expenses to third parties | 14 | 681,974 | 958,716 |
Other current assets | 13 | 639,789 | 199,893 |
Non-current assets | 5,003,601 | 5,044,510 | |
Trade receivables | 7 | 3,466,203 | 3,583,734 |
Trade receivables due from third parties | 3,466,203 | 3,583,734 | |
Other receivables | 8 | 1,014 | 1,014 |
Financial investments | 5 | 648,037 | 498,037 |
Investments in subsidiaries, joint operations and associates | 648,037 | 498,037 | |
Investment properties | 10 | 814,592 | 880,496 |
Property, plant and equipment | 11 | 68,893 | 78,274 |
Intangible assets | 4,862 | 2,955 | |
Total assets | 39,190,694 | 30,629,118 |
The accompanying notes form an integral part of these condensed standalone financial statements.
1
EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.
CONDENSED STANDALONE STATEMENT OF FINANCIAL POSITION AS OF 30 SEPTEMBER 2022 AND 31 DECEMBER 2021
(Amounts are expressed in thousands of Turkish Lira ("TL") unless otherwise stated.)
Not | |||
Reviewed | Audited | ||
30 September | 31 December | ||
Notes | 2022 | 2021 | |
LIABILITIES AND EQUITY | |||
Current liabilities | 18,674,346 | 12,730,683 | |
Short-term borrowings | 6 | 804,367 | 1,535,733 |
Short-term portions of long-term borrowings | 6 | 1,321,043 | 1,174,494 |
Trade payables | 7 | 2,261,177 | 1,975,725 |
Trade payables due to related parties | 21 | 997,947 | 503,948 |
Trade payables due to third parties | 1,263,230 | 1,471,777 | |
Other payables | 8 | 572,735 | 180,690 |
Other payables to third parties | 572,735 | 180,690 | |
Deferred income | 14 | 13,446,548 | 7,695,649 |
Deferred income from related parties | 21 | - | 255,424 |
Deferred income from third parties | 13,446,548 | 7,440,225 | |
Short-term provisions | 268,476 | 168,392 | |
Short-term provisions for employee benefits | 26,348 | 14,487 | |
Other short-term provisions | 12 | 242,128 | 153,905 |
Non-current liabilities | 2,926,641 | 2,021,196 | |
Long-term borrowings | 6 | 2,775,554 | 1,907,320 |
Trade payables | 7 | - | 2,099 |
Trade payables to third parties | - | 2,099 | |
Other payables | 8 | 116,847 | 88,760 |
Other payables to third parties | 116,847 | 88,760 | |
Deferred income | 14 | 4,738 | 4,738 |
Deferred income from third parties | 4,738 | 4,738 | |
Long-term provisions | 29,502 | 18,279 | |
Long-term provisions for employee benefits | 29,502 | 18,279 | |
Shareholders' equity | 17,589,707 | 15,877,239 | |
Paid-in capital | 15 | 3,800,000 | 3,800,000 |
Treasury shares (-) | (296,231) | (296,231) | |
Share premium (discounts) | 2,366,895 | 2,366,895 | |
Other comprehensive income (expense) not to be | |||
reclassified to profit or loss | (42) | (42) | |
Gain (loss) on revaluation and remeasurement | (42) | (42) | |
Restricted reserves appropriated from profit | 885,383 | 794,629 | |
Retained earnings | 8,745,237 | 7,777,801 | |
Net profit for the period | 2,088,465 | 1,434,187 | |
Total liabilities and equity | 39,190,694 | 30,629,118 |
The accompanying notes form an integral part of these condensed standalone financial statements.
2
EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.
CONDENSED STANDALONE STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME FOR THE NINE MONTHS INTERIM PERIOD ENDED 30 SEPTEMBER 2022 AND 2021
(Amounts are expressed in thousands of Turkish Lira ("TL") unless otherwise stated.)
Not | Not | Not | Not | ||
Reviewed | Reviewed | Reviewed | Reviewed | ||
1 January- | 1 July- | 1 January- | 1 July- | ||
Notes | 30 September 2022 | 30 September 2022 | 30 September 2021 | 30 September 2021 | |
Profit or loss | |||||
Revenue | 16 | 5,391,880 | 869,072 | 4,742,530 | 1,918,942 |
Cost of sales (-) | 16 | (2,385,052) | (253,464) | (3,209,254) | (1,303,800) |
Gross profit | 3,006,828 | 615,608 | 1,533,276 | 615,142 | |
General administrative expenses (-) | 17 | (510,593) | (202,883) | (284,317) | (79,154) |
Marketing expenses (-) | 17 | (81,521) | (25,198) | (46,385) | (15,140) |
Other income from operating activities | 18 | 704,536 | 369,668 | 491,132 | 155,980 |
Other expenses from operating activities (-) | 18 | (758,344) | (1,182) | (283,301) | (183,286) |
Operating profit | 2,360,906 | 756,013 | 1,410,405 | 493,542 | |
Income from investing activities | 19 | 8,567 | - | 2,624 | - |
Operating profit before financial | 2,369,473 | 756,013 | 1,413,029 | 493,542 | |
income / (expense) | |||||
Financial income | 20 | 365,095 | 145,573 | 98,627 | 29,904 |
Financial expenses (-) | 20 | (646,103) | (262,330) | (394,627) | (166,640) |
Profit for the period | 2,088,465 | 639,256 | 1,117,029 | 356,806 | |
Other comprehensive income | - | - | - | - | |
Items that will be reclassified to profit or loss | |||||
Actuarial gains/losses related to | - | - | - | - | |
employee benefit liabilities | |||||
Total comprehensive income | 2,088,465 | 639,256 | 1,117,029 | 356,806 | |
Earnings per share (in full TL) | 0.0057 | 0.0017 | 0.0031 | 0.0010 |
The accompanying notes form an integral part of these condensed standalone financial statements.
3
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Emlak Konut Gayrimenkul Yatirim Ortakligi AS published this content on 07 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 November 2022 16:53:05 UTC.