CREDIt RAtING OF ANADOLU EFES

sales and distribution of beer products in Turkey), Tarbes (hops production
in Turkey) and EBI (International Beer Operations).
Joint ventures are companies in which there are contractual arrangements
through which an economic activity is undertaken subject to joint control
by the Group and its subsidiaries together with one or more other parties.
CCİ (domestic and international Coca-Cola operations) is among the joint
ventures.
The equity and net income attributable to minority shareholders’ interests
of subsidiaries are shown separately in the consolidated balance sheet and
consolidated income statement, respectively.
Shares of Alternatifbank A.Ş. (“Alternatifbank”), whose majority share is held
by Anadolu Group and in which the Company holds a 7.46 percent share,
has been classified as “available for sale securities”.
ANADOLU EFES ANNUAL REPORT 2010 87