- Page 1: OFFERING MEMORANDUM CONFIDENTIAL5,0
- Page 5: BUYER'S REPRESENTATIONEach person i
- Page 8 and 9: (Europe) A.G., a subsidiary of a jo
- Page 10 and 11: Currencies and Convenience Translat
- Page 12 and 13: UNAUDITED PRO FORMA CONSOLIDATED FI
- Page 14 and 15: • developing customer and point-o
- Page 16 and 17: Disclosure of Beneficial Interests
- Page 18 and 19: Trade accounts receivable, net.....
- Page 20 and 21: If we fail to manage our growth and
- Page 22 and 23: e increased in the future. For exam
- Page 24 and 25: Government and the IMF signed a thr
- Page 26 and 27: or lack of availability of hard cur
- Page 28 and 29: Nonetheless, Israel maintains offsh
- Page 30 and 31: and the number of Class C Shares th
- Page 32 and 33: 2006...............................
- Page 34 and 35: The following table sets forth the
- Page 36 and 37: Current............................
- Page 38 and 39: CCI (a)Dec. 31, 2005EfesInvest (a)(
- Page 40 and 41: Invest and CC Jordan. Our consolida
- Page 42 and 43: With respect to our international o
- Page 44 and 45: quarters. Bad weather conditions, i
- Page 46 and 47: CC Azerbaijan was subject to corpor
- Page 48 and 49: General and Administration Expenses
- Page 50 and 51: Sales VolumeIn 2004, our unit case
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Income TaxMonetary gain amounted to
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Net cash used in financing activiti
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December 23, 2006. As of April 14,
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expenditure (excluding CC Jordan) a
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We record property, plant and equip
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BUSINESSOverviewWe are a leading bo
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increased from 222 million to 312 m
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Population and Demographic Structur
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• HOD water• ayran (a yoghurt d
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in 2004 and 8.4% in 2005, with part
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Tat................................
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The market for home and office deli
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In general, these countries have a
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CSDsThe table below provides inform
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CC Kazakhstan, or through a convent
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PepsiCo International is CC Jordan'
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The Coca-Cola Company has granted E
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We also use key account management
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We installed a new PET blowing mach
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production quality monitoring is to
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cost, representing 40.3%, 40.2% and
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As of December 31,2005 (1) 2004 (1)
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We are subject to the environmental
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The following tables set forth all
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MANAGEMENTBoard of DirectorsUnder t
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where he served as chairman between
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We have established an Investor Rel
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Over-AllotmentOver-AllotmentName% o
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The Coca-Cola Company maintains rel
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• any individual or legal entity
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Term. All of our bottler's agreemen
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Karaganda's advertising materials,
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Pursuant to the articles, the holde
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• aggregate amount of interim div
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nominating board members to subsidi
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Under Turkish law, directors can ne
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As the capital markets regulator, t
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proceedings for the liquidation or
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3rd quarter........................
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Two types of corporate tax liabilit
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AlgeriaAustriaAzerbaijanBangladeshB
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certain risk reduction transactions
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The above description is not intend
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exercisable for, any shares of CCI,
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INDEPENDENT AUDITORSThe consolidate
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Coca-Cola İçecek Anonim Şirketi
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Coca-Cola İçecek Anonim Şirketi
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The Group is a leading bottler and
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Additionally, the adoption of IFRS
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Other non-current assets ..........
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Property, plant and equipment are s
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Deferred tax assets and deferred ta
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estimate of the expected future cas
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At December 31, 2002, netof accumul
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2005 2004 2003Trade payables—thir
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Current service cost...............
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Depreciation on property, plant and
- Page 166 and 167:
Lease transactions . 5,749 1,725 7,
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As of December 31, 2005, 2004 and 2
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Starting in November 2005, CCI purc
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Efes Sınai Yatırım Holding Anoni
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Efes Sınai Yatırım Holding Anoni
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ACCB Limited LiabilityPartnership (
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The Group has made certain reclassi
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Depreciation is calculated on a str
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Almaty CC pays 21% of gross income
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5. TRADE RECEIVABLES2005 2004Accoun
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2005 2004Provision for impairment a
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terminating their services and bein
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Insurance income ..................
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Consolidated profit before tax.....
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Major sales to related partiesEfes
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ending December 31, 2004. During th
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The Company and its subsidiaries ar
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March 15, 2005İstanbul, TurkeyEfes
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Efes Sınai Yatırım Holding Anoni
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1. CORPORATE INFORMATIONGeneralEfes
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The functional and reporting curren
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Recognition and Derecognition of Fi
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Provisions are recognized when the
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2004 2003Cash on hand..............
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Provision for impairment at the beg
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Legal ReservesThe legal reserves co
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Impairment of fixed assets.........
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Fixed assets ......................
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Moscow Efes Brewery ...............
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1) Credit riskCredit risk arises fr
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Business SegmentsSales revenue bybu
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Monetary Gain (Loss)Under IFRS hist
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