Consolidated Statement Of Financial Position

Turkcell İletişim Hizmetleri A.Ş. And Its Subsidiaries
Consolidated Statement Of Financial Position As at 31 December 2010

(Amounts expressed in thousands of US Dollars unless otherwise indicated except share amounts)

  Note 2010 2009
Assets      
       Property, plant and equipment 12 3,068,021 2,652,222
       Intangible assets 13 1,709,311 1,897,981
               GSM and other telecommunication operating licenses   955,703 1,058,098
               Computer software   547,607 595,218
               Other intangible assets   206,001 244,665
       Investments in equity accounted investees 14 399,622 383,490
       Other investments 15 33,849 34,755
       Due from related parties 33 1,044 21,039
       Other non-current assets 16 107,277 75,120
       Trade receivables 18 35,024 -
       Deferred tax assets 17 2,876 2,058
Total non-current assets   5,357,024 5,066,665
       
       Inventories   24,386 28,205
       Other investments 15 8,201 62,398
       Due from related parties 33 88,897 108,843
       Trade receivables and accrued income 18 816,151 783,752
       Other current assets 19 197,740 175,417
       Cash and cash equivalents 20 3,302,163 3,095,486
Total current assets   4,437,538 4,254,101
       
Total assets   9,794,562 9,320,766
Equity      
       Share capital 21 1,636,204 1,636,204
       Share premium 21 434 434
       Capital contributions 21 22,772 22,772
       Reserves 21 (660,121) (512,095)
       Retained earnings 21 5,258,327 4,712,254
Total equity attributable to equity holders of Turkcell Iletisim Hizmetleri AS   6,257,616 5,859,569
       
Non-controlling interests 21 (24,019) 36,632
       
Total equity   6,233,597 5,896,201
       
Liabilities      
       Loans and borrowings 24 1,407,316 821,179
       Employee benefits 25 29,742 27,776
       Provisions 27 57,055 5,676
       Other non-current liabilities 23 160,832 154,991
       Deferred tax liabilities 17 93,105 118,432
Total non-current liabilities   1,748,050 1,128,054
             
       Bank overdraft 20 5,896 5,244
       Loans and borrowings 24 430,205 690,780
       Income taxes payable 11 96,080 93,260
       Trade and other payables 28 951,976 1,038,762
       Due to related parties 33 10,760 14,780
       Deferred income 26 164,186 248,518
       Provisions 27 153,812 205,167
Total current liabilities   1,812,915 2,296,511
       
Total liabilities   3,560,965 3,424,565
       
Total equity and liabilities   9,794,562 9,320,766