IS GAYRIMENKUL YATIRIM ORTAKLIGI İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Financial Position (Balance Sheet) For the Interim Period Ended June 30, 2023
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Reviewed | Audited | |||
Notes | June 30, 2023 | December 31, 2022 | ||
ASSETS | ||||
Current assets | 2.122.406.625 | 1.837.079.701 | ||
Cash and cash equivalents | 5 | 601.941.882 | 1.246.119.883 | |
Financial investments | 6 | -- | 128.943.342 | |
Trade receivables | 8 | 178.646.726 | 144.545.368 | |
Trade receivables from related parties | 24 | 3.780.091 | 10.193.000 | |
Trade receivables from third parties | 174.866.635 | 134.352.368 | ||
Other receivables | 9 | 10.559.143 | 9.028.038 | |
Other receivables from third parties | 10.559.143 | 9.028.038 | ||
Inventories | 11 | 53.825.434 | 58.508.963 | |
Inventories in progress | 11 | 927.494.604 | -- | |
Prepaid expenses | 16 | 286.498.688 | 193.575.742 | |
Prepaid expenses to related parties | 24 | 48.204.967 | 397.621 | |
Prepaid expenses to third parties | 238.293.721 | 193.178.121 | ||
Other current assets | 16 | 63.440.148 | 56.358.365 | |
Non-current assets | 20.984.436.418 | 15.580.139.555 | ||
Financial investments | 6 | 713.715.544 | 555.334.332 | |
Trade receivables | 8 | 12.579.533 | 117.453 | |
Other trade receivables from third parties | 12.579.533 | 117.453 | ||
Inventories | 11 | 1.865.963.367 | 1.043.171.764 | |
Equity accounted investees | 3 | 13.441.152 | 10.342.436 | |
Investment properties | 10 | 15.908.555.000 | 12.077.814.730 | |
Investment properties under development | 10 | 2.260.285.000 | 1.735.642.000 | |
Tangible assets | 12 | 194.247.048 | 143.597.505 | |
Intangible assets | 13 | 3.308.507 | 2.653.667 | |
Prepaid expenses | 16 | 12.341.267 | 11.465.668 | |
Prepaid expenses to third parties | 12.341.267 | 11.465.668 | ||
TOTAL ASSETS | 23.106.843.043 | 17.417.219.256 | ||
The accompanying notes are an integral part of these financial statements.
Sınıflandırma: GENEL | Classification: PUBLIC
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Financial Position (Balance Sheet) For the Interim Period Ended June 30, 2023
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.
Reviewed | Audited | ||
Notes | June 30, 2023 | December 31, 2022 | |
LIABILITIES | |||
Short-Term Obligations | 4.318.525.851 | 3.488.283.156 | |
Short term loans and borrowings | 7 | 3.363.389.894 | 2.783.057.890 |
Loans and borrowings to related parties | 24 | 3.076.836.470 | 909.896.992 |
Loans and borrowings to third parties | 286.553.424 | 1.873.160.898 | |
Current portion of long term loans and borrowings | 7 | 570.053.176 | 615.429.589 |
Loans and borrowings to related parties | 24 | 122.580.015 | 122.645.658 |
Loans and borrowings to third parties | 447.473.161 | 492.783.931 | |
Trade payables | 8 | 39.495.233 | 18.433.078 |
Trade payables to related parties | 24 | 24.975.022 | 7.466.348 |
Trade payables to third parties | 14.520.211 | 10.966.730 | |
Other payables | 9 | 35.792.744 | 24.213.754 |
Other payables to third parties | 35.792.744 | 24.213.754 | |
Liabilities from contracts with customers | 17 | 201.318.105 | 15.327.577 |
Contractual obligations from sales of goods and services | 201.318.105 | 15.327.577 | |
Deferred income (Excluding liabilities from contracts with | 16 | ||
customers) | 87.567.622 | 2.022.923 | |
Deferred income from related parties | 24 | 123.468 | 104.619 |
Deferred income from third parties | 87.444.154 | 1.918.304 | |
Short-term provisions | 4.384.443 | 6.374.683 | |
Provisions for employee benefits | 15 | 1.911.470 | 958.829 |
Other short-term provisions | 14 | 2.472.973 | 5.415.854 |
Other short-term liabilities | 16 | 16.524.634 | 9.212.963 |
Derivatives | 6 | -- | 14.210.699 |
Long-term liabilities | 10.972.649 | 8.700.038 | |
Long term provisions | 15 | 10.972.649 | 8.700.038 |
Provisions for employee benefits | 10.972.649 | 8.700.038 | |
EQUITY | 18.777.344.543 | 13.920.236.062 | |
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 | 190.535.526 | 135.964.985 | |
Revaluation and classification of gains / losses | 195.850.328 | 141.279.787 | |
Other earnings/ losses | (5.314.802) | (5.314.802) | |
Legal reserves | 18 | 99.286.803 | 77.792.818 |
Prior years' profits | 18 | 12.485.664.203 | 4.142.968.926 |
Net profit for the period | 4.802.537.940 | 8.364.189.262 | |
TOTAL EQUITY AND LIABILITIES | 23.106.843.043 | 17.417.219.256 | |
The accompanying notes are an integral part of these financial statements.
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Sınıflandırma: GENEL | Classification: PUBLIC
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Profit or Loss
For the Interim Period Ended June 30, 2023
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Reviewed | Reviewed | Reviewed | Reviewed | ||
Notes | January 1 - | April 1 - | January 1 - | April 1 - | |
June 30 2023 | June 30 2023 | June 30 2022 | June 30 2022 | ||
Revenue | 19 | 364.894.305 | 176.099.136 | 311.235.233 | 171.753.868 |
Cost of sales (-) | 19 | (70.228.279) | (36.722.651) | (87.677.782) | (43.816.633) |
Gross Profit | 294.666.026 | 139.376.485 | 223.557.451 | 127.937.235 | |
General administrative expenses (-) | 20 | (54.264.406) | (27.357.766) | (23.299.503) | (13.464.901) |
Marketing expenses (-) | 20 | (14.048.252) | (6.920.058) | (11.425.522) | (6.949.883) |
Other operating income | 21 | 4.800.087.865 | 4.789.675.279 | 21.301.072 | 13.404.120 |
Other operating expenses (-) | 21 | -- | 1.597.641 | (2.118.118) | (1.034.746) |
Operating profit | 5.026.441.233 | 4.896.371.581 | 208.015.380 | 119.891.825 | |
Expenses under investment activities (-) | 21 | (7.197.754) | -- | -- | -- |
Share of profit of equity-accounted | 3 | ||||
investees | 5.098.716 | 3.478.738 | 2.847.477 | 1.442.145 | |
Operating Profit Before Financing | |||||
Expense | 5.024.342.195 | 4.899.850.319 | 210.862.857 | 121.333.970 | |
Financing income | 22 | -- | -- | -- | (2.905.962) |
Financing expenses (-) | 22 | (221.804.255) | (110.407.158) | (77.680.229) | (51.352.996) |
Operating Profit before Tax From | |||||
Continuing Operations | 4.802.537.940 | 4.789.443.161 | 133.182.628 | 67.075.012 | |
Tax Expense From Continuing | |||||
Operations | |||||
- Corporate tax charge | -- | -- | -- | -- | |
- Deferred tax benefit | -- | -- | -- | -- | |
Period Profit | 4.802.537.940 | 4.789.443.161 | 133.182.628 | 67.075.012 | |
Earnings per share | 23 | 0,0501 | 0,0500 | 0,0014 | 0,0007 |
The accompanying notes are an integral part of these financial statements.
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Sınıflandırma: GENEL | Classification: PUBLIC
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Other Comprehensive Income For the Interim Period Ended June 30, 2023
(Amounts expressed in Turkish Lira ("TL") unless otherwise indicated.)
Reviewed | Reviewed | Reviewed | Reviewed | ||
January 1 - April 1 - June | January 1 - | April 1 - | |||
Notes | June 30 2023 | 30 2023 | June 30 2022 | June 30 2022 | |
Net profit for the period | 4.802.537.940 | 4.789.443.161 | 133.182.628 | 67.075.012 | |
Other comprehensive income | |||||
Other comprehensive income that will | 54.570.541 | 54.570.541 | -- | -- | |
never be reclassified to profit or loss | |||||
Revaluation and classification of gains / | 12 | ||||
losses | 54.570.541 | 54.570.541 | -- | -- | |
Actuarial gain/(loss) arising from | |||||
defined benefit plans | -- | -- | -- | -- | |
Other comprehensive revenue | 54.570.541 | 54.570.541 | -- | -- | |
TOTAL COMPREHENSIVE | 4.857.108.481 | 4.844.013.702 | 133.182.628 | 67.075.012 | |
REVENUE |
The accompanying notes are an integral part of these financial statements.
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Sınıflandırma: GENEL | Classification: PUBLIC
İş Gayrimenkul Yatırım Ortaklığı Anonim Şirketi Condensed Statement of Changes in Equity
For the Interim Period Ended June 30, 2023
(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 | Share | classification of | Legal | Prior years' | Net profit for the | |||||
Notes | Share capital | capital | premium | Other earnings/losses | gains/losses | reserves | profits | period | Equity | |
Balances as of 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 | 133.182.628 | |
Balances as of June 30, 2022 | 18 | 958.750.000 | 240.146.090 | 423.981 | (462.510) | 56.043.574 | 77.792.818 | 4.142.968.926 | 133.182.628 | 5.608.845.507 |
Balances as of January 1, 2023 | 958.750.000 | 240.146.090 | 423.981 | (5.314.802) | 141.279.787 | 77.792.818 | 4.142.968.926 | 8.364.189.262 | 13.920.236.062 | |
Transfers | -- | -- | -- | -- | -- | 21.493.985 | 8.342.695.277 | (8.364.189.262) | -- | |
Total comprehensive income | -- | -- | -- | -- | 54.570.541 | -- | -- | 4.802.537.940 | 4.857.108.481 | |
Balances as of June 30, 2023 | 18 | 958.750.000 | 240.146.090 | 423.981 | (5.314.802) | 195.850.328 | 99.286.803 | 12.485.664.203 | 4.802.537.940 | 18.777.344.543 |
The accompanying notes are an integral part of these financial statements.
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Sınıflandırma: GENEL | Classification: PUBLIC
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Is Gayrimenkul Yatirim Ortakligi AS published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2023 19:05:09 UTC.
