IS GAYRIMENKUL YATIRIM ORTAKLIGI İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Financial Position (Balance Sheet) For the Interim Period Ended September 30, 2022
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Reviewed | Audited | ||
Sept 30, | December 31, | ||
Notes | 2022 | 2021 | |
ASSETS | |||
Current assets | 780.684.956 | 492.261.589 | |
Cash and cash equivalents | 5 | 285.828.309 | 138.562.954 |
Financial Investments | 6 | 124.698.784 | -- |
Trade receivables | 8 | 128.098.502 | 109.092.484 |
Trade receivables from related parties | 24 | 2.928.733 | 2.369.667 |
Trade receivables from third parties | 125.169.769 | 106.722.817 | |
Other receivables | 9 | 6.053.017 | 5.560.768 |
Other receivables from related parties | 24 | -- | -- |
Other receivables from third parties | 6.053.017 | 5.560.768 | |
Derivatives | 6 | 3.434.371 | 28.049.500 |
Inventories | 11 | 61.870.502 | 139.873.007 |
Prepaid expenses | 16 | 137.550.477 | 68.485.450 |
Prepaid expenses to related parties | 24 | 1.510.995 | 229.092 |
Prepaid expenses to third parties | 136.039.482 | 68.256.358 | |
Other current assets | 16 | 33.150.994 | 2.637.426 |
Non-current assets | 7.031.349.642 | 6.184.059.709 | |
Financial investments | 6 | 269.388.300 | 272.785.497 |
Trade receivables | 8 | 157.695 | 3.528.353 |
Other trade receivables from third parties | 157.695 | 3.528.353 | |
Inventories | 11 | 837.533.158 | 381.236.548 |
Equity accounted investees | 3 | 9.990.442 | 5.768.402 |
Investment properties | 10 | 5.157.947.873 | 4.979.646.022 |
Investment properties under development | 10 | 685.054.670 | 474.465.000 |
Tangible assets | 12 | 57.717.467 | 55.492.519 |
Intangible assets | 13 | 2.398.435 | 1.249.812 |
Prepaid expenses | 16 | 11.161.602 | 9.887.556 |
Prepaid expenses to third parties | 11.161.602 | 9.887.556 | |
TOTAL ASSETS | 7.812.034.598 | 6.676.321.298 |
The accompanying notes form an integral part of these financial statements
1
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Financial Position (Balance Sheet) For the Interim Period Ended September 30, 2022
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Reviewed | Audited | ||
Sept 30, | December 31, | ||
Notes | 2022 | 2021 | |
LIABILITIES | |||
Short-term liabilities | 1.935.456.176 | 1.000.398.213 | |
Short term loans and borrowings | 7 | 1.372.220.053 | 840.482.361 |
Loans and borrowings to related parties | 24 | 904.126.655 | 442.594.531 |
Loans and borrowings to third parties | 468.093.398 | 397.887.830 | |
Current portion of long term borrowings | 7 | 456.492.907 | 5.645.663 |
Loans and borrowings to related parties | 24 | 5.644.500 | 5.645.663 |
Loans and borrowings to third parties | 450.848.407 | -- | |
Trade payables | 8 | 16.534.924 | 10.550.029 |
Trade payables to related parties | 24 | 8.322.193 | 4.310.834 |
Trade payables to third parties | 8 | 8.212.731 | 6.239.195 |
Other payables | 9 | 24.433.984 | 16.137.729 |
Other payables to third parties | 9 | 24.433.984 | 16.137.729 |
Liabilities from contracts with customers | 29.645.835 | 98.315.105 | |
Contractual obligations from sales of goods and services | 17 | 29.645.835 | 98.315.105 |
Deferred income (Excluding liabilities from contracts with | |||
customers) | 16 | 1.493.603 | 18.673.511 |
Deferred income from related parties | 24 | 176.878 | 56.771 |
Deferred income from third parties | 1.316.725 | 18.616.740 | |
Short-term provisions | 9.634.842 | 6.517.479 | |
Provisions for employee benefits | 15 | 930.349 | 496.510 |
Other short-term provisions | 14 | 8.704.493 | 6.020.969 |
Other short-term liabilities | 16 | 11.860.479 | 4.076.336 |
Derivatives | 6 | 13.139.549 | -- |
Long-term liabilities | 222.979.468 | 200.260.206 | |
Long-term loans and borrowings | 7 | 217.000.002 | 197.107.317 |
Loans and borrowings to related parties | 24 | 117.000.002 | 117.000.002 |
Loans and borrowings to third parties | 100.000.000 | 80.107.315 | |
Long-term provisions | 5.979.466 | 3.152.889 | |
Provisions for employee benefits | 15 | 5.979.466 | 3.152.889 |
EQUITY | 5.653.598.954 | 5.475.662.879 | |
Share capital | 18 | 958.750.000 | 958.750.000 |
Inflation restatement difference on share capital | 18 | 240.146.090 | 240.146.090 |
Share premium | 18 | 423.981 | 423.981 |
Other comprehensive income that will never be reclassified to | |||
profit or loss | 55.581.064 | 55.581.064 | |
Revaluation and classification of gains / losses | 56.043.574 | 56.043.574 | |
Other earnings/ losses | (462.510) | (462.510) | |
Restricted reserves | 18 | 77.792.818 | 71.190.580 |
Prior years' profits | 18 | 4.142.968.926 | 2.819.651.274 |
Net profit for the period | 177.936.075 | 1.329.919.890 | |
TOTAL EQUITY AND LIABILITIES | 7.812.034.598 | 6.676.321.298 |
The accompanying notes form an integral part of these financial statements
2
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Profit or Loss
For the Interim Period Ended September 30, 2022
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Reviewed | Reviewed | Reviewed | Reviewed | ||
1 January- | 1 July- | 1 January- | 1 July- | ||
No | 30 | 30 | 30 | 30 | |
September, | September, | September, | September, | ||
tes | 2022 | 2022 | 2021 | 2021 | |
Revenue | 19 | 523.538.020 | 212.302.787 | 286.534.519 | 120.618.348 |
Cost of revenue (-) | 19 | (202.220.355) | (114.542.573) | (117.325.582) | (51.035.608) |
Gross profit | 321.317.665 | 97.760.214 | 169.208.937 | 69.582.740 | |
General administrative expense (-) | 20 | (36.963.823) | (13.664.320) | (24.170.149) | (6.135.279) |
Marketing expenses (-) | 20 | (14.071.463) | (2.645.941) | (4.723.819) | (1.583.231) |
Other operating income | 21 | 40.363.268 | 19.062.196 | 8.260.414 | 1.493.080 |
Other operating expense (-) | 21 | (3.494.035) | (1.375.917) | (2.733.767) | (737.137) |
Operating profit | 307.151.612 | 99.136.232 | 145.841.616 | 62.620.173 | |
Revenue from investment activities | 14.698.784 | 14.698.784 | -- | -- | |
Share of profit of equity-accounted investees | 3 | 4.722.040 | 1.874.563 | 1.320.219 | 647.899 |
Operating Profit Before Finance Expense | 326.572.436 | 115.709.579 | 147.161.835 | 63.268.073 | |
Financial income | 22 | - | - | 17.372.121 | (5.527.172) |
Financial expenses (-) | 22 | (148.636.361) | (70.956.132) | (153.782.024) | (42.374.686) |
Operating Profit before Tax From | 177.936.075 | 44.753.447 | 10.751.932 | 15.366.215 | |
Continuing Operations | |||||
Tax Expense From Continuing | |||||
Operations | |||||
- Corporate tax charge | -- | -- | -- | -- | |
- Deferred tax benefit | -- | -- | -- | -- | |
Net profit for the period | 177.936.075 | 44.753.447 | 10.751.932 | 15.366.215 | |
Earnings per share | 23 | 0,0019 | 0,0004 | 0,0001 | 0,0002 |
The accompanying notes form an integral part of these financial statements
3
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Other Comprehensive Income For the Interim Period Ended September 30, 2022
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Reviewed | Reviewed | Reviewed | Reviewed | |
1 January- | 1 July- | 1 January- | 1 July- | |
30 | 30 | 30 | 30 | |
September, | September, | September, | September, | |
Notes | 2022 | 2022 | 2021 | 2021 |
Net profit for the period | 177.936.075 | 44.753.447 | 10.751.932 | 15.366.215 |
Other comprehensive income | ||||
Other comprehensive income that | ||||
will never be reclassified to profit | ||||
or loss | ||||
Revaluation and classification of | -- | -- | ||
gains / losses | -- | -- | ||
Actuarial gain/(loss) arising from | -- | -- | ||
defined benefit plans | -- | -- | ||
Other comprehensive income | -- | -- | -- | -- |
TOTAL | COMPREHENSIVE | 177.936.075 | 44.753.447 | 10.751.932 | 15.366.215 |
INCOME | |||||
The accompanying notes form an integral part of these financial statements
4
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Changes in Equity
For the Interim Period Ended September 30, 2022
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Other comprehensive income that will | ||||||||||
never be reclassified to profit or loss | ||||||||||
Inflation | ||||||||||
restatement | Revaluation and | |||||||||
difference on | Share | Other | classification of | Prior years' | Net profit for | |||||
Notes | Share capital | share capital | premium | earnings/losses | gains/losses | Legal reserves | profits | the period | Total | |
Balances at January 1, 2021 | 958.750.000 | 240.146.090 | 423.981 | (302.888) | 41.094.769 | 70.941.969 | 2.553.397.882 | 266.502.003 | 4.130.953.806 | |
Transfers | -- | -- | -- | -- | -- | 248.611 | 266.253.392 | (266.502.003) | -- | |
Total comprehensive income | -- | -- | -- | -- | -- | -- | -- | 10.751.932 | 10.751.932 | |
Balances at September 30, 2021 | 18 | 958.750.000 | 240.146.090 | 423.981 | (302.888) | 41.094.769 | 71.190.580 | 2.819.651.274 | 10.751.932 | 4.141.705.738 |
Balances at January 1, 2022 | 958.750.000 | 240.146.090 | 423.981 | (462.510) | 56.043.574 | 71.190.580 | 2.819.651.274 | 1.329.919.890 | 5.475.662.879 | |
Transfers | -- | -- | -- | -- | -- | 6.602.238 | 1.323.317.652 | (1.329.919.890) | -- | |
Total comprehensive income | -- | -- | -- | -- | -- | -- | -- | 133.182.628 | 177.936.075 | |
Balances at September 30, 2022 | 18 | 958.750.000 | 240.146.090 | 423.981 | (462.510) | 56.043.574 | 77.792.818 | 4.142.968.926 | 177.936.075 | 5.653.598.954 |
The accompanying notes form an integral part of these financial statements
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Is Gayrimenkul Yatirim Ortakligi AS published this content on 28 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2022 06:42:05 UTC.
