Stockholm Roadshow, - Coca Cola İçecek

Introduction to Financial StatementsBasis of PreparationConsolidated /TurkeyInternationalTL/$Year-EndTL/$AverageFunctionalCurrencyReportingCurrencyTLTLUSDUSDDecember 31,2011 1.8889December 31,2010 1.5460December 31,2011 1.6708December 31,2010 1.4990Presentation• Accounting standard is IFRS as per regulations of the Capital MarketsBoard of Turkey (CMB).• The Group’s interest in joint ventures is accounted by way ofproportionate consolidation.• The functional currency of CCBPL is Pakistan Rupee (PKR).Definitions• Net Sales – Net of discounts and special consumption tax for Turkishoperation∆ 22.2% ∆ 11.5%InflationAnnual ∆December 31, 2011 10.45%• EBITDA = EBIT + Amortization & Depreciation + Relevant Non CashExpenses including Provision for Employee Benefits - Relevant Non-cashincome including Negative Goodwill25