TAV IT

TAV AIRPORTS HOLDING AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2008
(Amounts expressed in Euro unless otherwise stated)
The breakdown of bank loans as at 31 December 2007 is as follows:
Original
Currency
Year of
Maturity
Nominal
Interest Rate
Face
Value
Carrying
Amount
Secured bank loans EUR 2021 Euribor + 2.35% 150,000,000 145,911,072
150,000,000 145,911,072
Redemption schedules of the TAV Esenboğa borrowings according to original maturities as at 31 December 2008 and 2007 are as
follows:
31 December 2008 31 December 2007
On demand or within one year 9,342,966 10,600,926
In the second year 9,916,117 9,273,835
In the third year 11,219,471 10,140,498
In the fourth year 11,987,061 11,092,911
In the fifth year 12,518,658 11,691,447
After five years 90,962,919 93,111,455
145,947,192 145,911,072
TAV İzmir
The breakdown of bank loans as at 31 December 2008 is as follows:
Original
Currency
Year of
Maturity
Nominal
Interest Rate
Face
Value
Carrying
Amount
Secured bank loan EUR 2013 Euribor + 3.00% 87,981,049 90,439,436
87,981,049 90,439,436
TAV İzmir has bank loans in the amount of EUR 90,439,436 under loan agreements. The terms of the loan require semi annual
principal and interest payments at each 23 January and 23 July according to the loan agreements.
The breakdown of bank loans as at 31 December 2007 is as follows:
Original
Currency
Year of
Maturity
Nominal
Interest Rate
Face
Value
Carrying
Amount
Secured bank loan EUR 2013 Euribor+3.00% 97,109,761 100,369,722
97,109,761 100,369,722
Redemption schedules of the TAV İzmir bank loans according to original maturities as at 31 December 2008 and 2007 are as follows:
31 December 2008 31 December 2007
On demand or within one year 19,194,739 16,052,732
In the second year 18,301,326 17,959,590
In the third year 17,742,754 17,306,992
In the fourth year 17,586,602 16,639,792
In the fifth year 17,614,015 16,302,989
After five years - 16,107,627
90,439,436 100,369,722