CREDIt RAtING OF ANADOLU EFES

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Anadolu Efes’ Corporate Governance Rating was revised upward once again to 8.4 in 2010. 108
We believe in Corporate Governance… Anadolu Efes has adopted the corporate governance understanding in all of its operating markets and units <strong>ANADOLU</strong> <strong>EFES</strong> ANNUAL REPORT 2010 109
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ANADOLU EFES ANNUAL REPORT 2010
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Commencing its operations in 1969 w
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An International Powerhouse… Reac
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owned. The majority shareholders, Y
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Soft Drinks Group Anadolu Efes cond
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ANADOLU EFES ANNUAL REPORT 2010 09
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Turkey Syria Jordan Georgia Iraq Az
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CAPItAL AND ShAREhOLDING StRUCtURE
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A pioneer in the beverage industry
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(1996). • Assets of Toros Biracı
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• CCİ reached an agreement to un
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• Kazakhstan’s first bottled dr
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We strengthened our position furthe
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guidance we forecasted that our 201
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cases in 2010. While we realized st
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Tuncay Özilhan - Chairman (1) Born
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authored more than 20 books and hun
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Chief Financial officer N. orhun K
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Ömer Öğün - Efes Kazakhstan Gen
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Berke Kardeş - Commercial Director
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N. orhun Köstem - Chief Financial
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Özlem Aykaç İğdelipınar - Chie
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We completed another successful yea
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While responding to changing consum
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Anadolu Efes has a 28 percent stake
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eer “Gusta”; the aromatized bee
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herlands-based EBI, which conducts
Page 59 and 60: to a beer market that has quadruple
Page 61 and 62: Expanding its market share and stre
Page 63 and 64: SOFt DRINKS - International All ope
Page 65 and 66: We add value to life… Anadolu Efe
Page 67 and 68: contemporary enterprises that ident
Page 69 and 70: economic and ethical priorities and
Page 71 and 72: the Arabia CSR Network, was given t
Page 73 and 74: developments and industrialization
Page 75 and 76: environment and its contributions t
Page 77 and 78: informed about the risks associated
Page 79 and 80: first and only Turkish team to win
Page 81 and 82: Anadolu Efes launched initiatives i
Page 83 and 84: • does not feature content claimi
Page 85 and 86: The Company does not employ child l
Page 87 and 88: Continued rise in profitability in
Page 89 and 90: sales and distribution of beer prod
Page 91 and 92: 5 percent extra price increase to c
Page 93 and 94: In such a challenging year, Turkey
Page 95 and 96: two Turkish banks; USD 100 million
Page 97 and 98: Turkey Operation’s full year volu
Page 99 and 100: TRL 435.0 million and EBITDA margin
Page 101 and 102: Summary Tables Anadolu Efes Consoli
Page 103 and 104: turkey Beer Operations Highlighted
Page 105 and 106: Soft Drink operations (CCİ) Highli
Page 107 and 108: The official website of the Company
Page 109: ANADOLU EFES ANNUAL REPORT 2010 107
Page 113 and 114: Our Company complies with and has i
Page 115 and 116: Our Company’s Annual Report and A
Page 117 and 118: Investor Relations Manager under th
Page 119 and 120: section, when the date of the finan
Page 121 and 122: 12. Disclosure of the Persons Entit
Page 123 and 124: stakeholders is one of the key poli
Page 125 and 126: career and financial means granted,
Page 127 and 128: of the Company’s management. In a
Page 129 and 130: systems are being made against any
Page 131 and 132: conducts studies for building up a
Page 133 and 134: C. NET REVENUES Turkey Beer Interna
Page 135 and 136: at Anadolu Efes. Mr. Cüceloğlu ap
Page 137 and 138: REPORT OF THE BOARD OF AUDITORS Com
Page 139 and 140: ANADOLU EFES BİRACILIK VE MALT SAN
Page 141 and 142: Opinion 4. In our opinion, the acco
Page 143 and 144: Anadolu Efes Biracılık ve Malt Sa
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Anadolu Efes Biracılık ve Malt Sa
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CREDIt RAtING OF ANADOLU EFES

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