IS GAYRIMENKUL YATIRIM ORTAKLIGI İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi
As of December 31, 202 Statement of Financial Position (Balance Sheet)
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Audited | Audited | ||
December 31, | December 31, | ||
Notes | 2021 | 2020 | |
ASSETS | |||
Current assets | 492.261.589 | 464.909.637 | |
Cash and cash equivalents | 5 | 138.562.954 | 59.156.089 |
Trade receivables | 8 | 109.092.484 | 125.644.421 |
Trade receivables from related parties | 25 | 2.369.667 | 2.183.477 |
Trade receivables from third parties | 106.722.817 | 123.460.944 | |
Other receivables | 9 | 5.560.768 | 6.374.055 |
Other receivables from related parties | 25 | -- | 1.175.000 |
Other receivables from third parties | 5.560.768 | 5.199.055 | |
Derivatives | 6 | 28.049.500 | 33.617.110 |
Inventories | 11 | 139.873.007 | 234.619.247 |
Prepaid expenses | 16 | 68.485.450 | 5.234.925 |
Prepaid expenses to related parties | 25 | 229.092 | 211.610 |
Prepaid expenses to third parties | 68.256.358 | 5.023.315 | |
Other current assets | 16 | 2.637.426 | 263.790 |
Non-current assets | 6.184.059.709 | 4.760.495.830 | |
Financial investments | 6 | 272.785.497 | 230.571.960 |
Trade receivables | 8 | 3.528.353 | 13.203.105 |
Other trade receivables from third parties | 3.528.353 | 13.203.105 | |
Inventories | 11 | 381.236.548 | 200.107.126 |
Equity accounted investees | 3 | 5.768.402 | 4.285.294 |
Investment properties | 10 | 4.979.646.022 | 3.942.624.436 |
Investment properties under development | 10 | 474.465.000 | 318.570.000 |
Tangible assets | 12 | 55.492.519 | 41.395.040 |
Intangible assets | 13 | 1.249.812 | 939.699 |
Prepaid expenses | 16 | 9.887.556 | 8.799.170 |
Prepaid expenses to third parties | 9.887.556 | 8.799.170 | |
TOTAL ASSETS | 6.676.321.298 | 5.225.405.467 |
The accompanying notes form an integral part of these financial statements
1
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi
As of December 31, 2021 Statement of Financial Position (Balance Sheet)
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Audited | Audited | ||
December 31, | December 31, | ||
Notes | 2021 | 2020 | |
LIABILITIES | |||
Short-term liabilities | 1.000.398.213 | 962.552.803 | |
Short-term loans and borrowings | 7 | 840.482.361 | 446.021.370 |
Loans and borrowings to related parties | 25 | 442.594.531 | 222.657.441 |
Loans and borrowings to third parties | 397.887.830 | 223.363.929 | |
Current portion of long term loans and borrowings | 7 | 5.645.663 | 437.419.301 |
Loans and borrowings to related parties | 25 | 5.645.663 | 235.880.646 |
Loans and borrowings to third parties | -- | 201.538.655 | |
Trade payables | 8 | 10.550.029 | 8.041.258 |
Trade payables to related parties | 25 | 4.310.834 | 2.896.856 |
Trade payables to third parties | 8 | 6.239.195 | 5.144.402 |
Other payables | 9 | 16.137.729 | 11.374.522 |
Other payables to third parties | 9 | 16.137.729 | 11.374.522 |
Liabilities from contracts with customers | 98.315.105 | 38.013.150 | |
Contractual obligations from sales of goods and services | 17 | 98.315.105 | 38.013.150 |
Deferred income (Excluding liabilities from contracts with | |||
customers) | 16 | 18.673.511 | 2.107.021 |
Deferred income from related parties | 25 | 56.771 | 47.113 |
Deferred income from third parties | 18.616.740 | 2.059.908 | |
Short-term provisions | 6.517.479 | 7.207.646 | |
Provisions for employee benefits | 15 | 496.510 | 459.525 |
Other short-term provisions | 14 | 6.020.969 | 6.748.121 |
Other short-term liabilities | 16 | 4.076.336 | 2.460.885 |
Derivatives | 6 | -- | 9.907.650 |
Long-term liabilities | 200.260.206 | 131.898.858 | |
Long-term loans and borrowings | 7 | 197.107.317 | 129.538.235 |
Loans and borrowings to related parties | 25 | 117.000.002 | 129.538.235 |
Loans and borrowings to third parties | 80.107.315 | - | |
Long-term provisions | 3.152.889 | 2.360.623 | |
Provisions for employee benefits | 15 | 3.152.889 | 2.360.623 |
EQUITY | 5.475.662.879 | 4.130.953.806 | |
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 | 40.791.881 | |
Revaluation and classification of gains / losses | 56.043.574 | 41.094.769 | |
Other earnings/ losses | (462.510) | (302.888) | |
Restricted reserves | 18 | 71.190.580 | 70.941.969 |
Prior years' profits | 18 | 2.819.651.274 | 2.553.397.882 |
Net profit for the period | 1.329.919.890 | 266.502.003 | |
TOTAL EQUITY AND LIABILITIES | 6.676.321.298 | 5.225.405.467 |
The accompanying notes form an integral part of these financial statements
2
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi
Statement of Profit or Loss For the Year Ended December 31, 2021
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Audited | Audited | ||
January 1 - | January 1 - | ||
December 31 | December 31 | ||
Notes | 2021 | 2020 | |
Revenue | 19 | 488.577.001 | 552.678.714 |
Cost of sales (-) | 19 | (200.955.447) | (356.313.056) |
Gross profit | 287.621.554 | 196.365.658 | |
General administrative expense (-) | 20 | (30.243.898) | (30.471.174) |
Marketing expenses (-) | 20 | (14.512.469) | (7.139.564) |
Other operating income | 22 | 1.235.439.964 | 358.709.081 |
Other operating expense (-) | 22 | (659.131) | (75.744.314) |
Operating profit | 1.477.646.020 | 441.719.687 | |
Share of profit of equity-accounted investees | 3 | 1.983.108 | 2.044.038 |
Operating Profit Before Finance Expense | 1.479.629.128 | 443.763.725 | |
Financial income | 23 | 46.193.755 | 10.929.166 |
Financial expenses (-) | 23 | (195.902.993) | (188.190.888) |
Operating Profit before Tax From Continuing | 1.329.919.890 | 266.502.003 | |
Operations | |||
Tax Expense From Continuing Operations | -- | -- | |
- Corporate tax charge | |||
- Deferred tax benefit | -- | -- | |
Net profit for the period | 1.329.919.890 | 266.502.003 | |
Earnings per share | 24 | 0,0139 | 0,0028 |
The accompanying notes form an integral part of these financial statements
3
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi
Statement of Cash Flow For the Year Ended December 31, 2021
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Audited | Audited | ||
January 1 - | January 1 - | ||
December 31 | December 31 | ||
Notes | 2021 | 2020 | |
Net profit for the period | 1.329.919.890 | 266.502.003 | |
Other comprehensive income | |||
Other comprehensive income that will never be | 14.789.183 | 4.224.725 | |
reclassified to profit or loss | |||
Revaluation and classification of gains / losses | 12 | 14.948.805 | 4.142.813 |
Actuarial gain/(loss) arising from defined benefit | 15 | (159.622) | 81.912 |
plans | |||
Other comprehensive income | 14.789.183 | 4.224.725 | |
TOTAL COMPREHENSIVE INCOME | 1.344.709.073 | 270.726.728 |
The accompanying notes form an integral part of these financial statements
4
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi
Statement of Cash Flow For the Year Ended December 31, 2021
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Other comprehensive income that | ||||||||||
will never be reclassified to profit | ||||||||||
or loss | ||||||||||
Inflation | ||||||||||
restatement | Revaluation | |||||||||
difference | and | |||||||||
Share | on share | Share | Other | classification of | Legal | Prior years' | Net profit for | |||
Notes | capital | capital | premium | earnings/losses | gains/losses | reserves | profits | the period | Equity | |
Balances at January 1, 2020 | 958.750.000 | 240.146.090 | 423.981 | (384.800) | 36.951.956 | 65.949.792 | 2.261.000.280 | 297.389.779 | 3.860.227.078 | |
Transfers | -- | -- | -- | -- | -- | 4.992.177 | 292.397.602 | (297.389.779) | -- | |
Total comprehensive income | -- | -- | -- | 81.912 | 4.142.813 | -- | -- | 266.502.003 | 270.726.728 | |
Balances at December 31, 2020 | 18 | 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 |
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 | -- | -- | -- | (159.622) | 14.948.805 | -- | -- | 1.329.919.890 | 1.344.709.073 | |
Balances at December 31, 2021 | 18 | 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 |
The accompanying notes form an integral part of these financial statements
5
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Is Gayrimenkul Yatirim Ortakligi AS published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 16:40:52 UTC.
