2003 Annual Report - Turkish Airlines

TURKISH AIRLINES INC.DETAILED BALANCE SHEETS (ACCORDING TO UNIFORM ACCOUNTING SYSTEM) / continuedLIABILITIES 31 December 2003 31 December 2002I. SHORT-TERM LIABILITIESA. Financial Liabilities1- Bank Loans - -2- Current Portion of Long-Term Credits and Accrued Interest - 739,393,936,3283- Current Portion of Bonds and Accrued Interest - -4- Bonds and Notes Issued - -5- Other Securities Issued - -6- Value Difference of Securities Issued (-) - -7- Other Financial Liabilities - -TOTAL (A) - 739,393,936,328B. Trade Payables1- Suppliers 171,550,346,804,454 160,717,518,280,7002- Notes Payables - -3- Rediscount on Notes Payables (-) - -4- Deposits and Guaranties Received 6,834,121,750,503 5,480,025,190,9075- Other Trade Payables 314,280,100,965 92,406,175,114TOTAL (B) 178,698,748,655,921 166,289,949,646,721C. Other Liabilities1- Due to Shareholders - -2- Due to Affiliates - -3- Due to Subsidiaries - -4- Due to Personnel 2,006,969,826,173 214,369,812,5765- Other Liabilities 16,343,682,177,469 18,863,076,284,4716- Rediscount on Other Notes Payables (-) - -TOTAL (C) 18,350,652,003,642 19,077,446,097,047D. Advances Received 38,285,892,727,816 32,490,077,908,366TOTAL (D) 38,285,892,727,816 32,490,077,908,366E. Taxes Payable and Other Fiscal Liabilities1- Taxes and Funds Payable 35,522,053,384,883 19,565,598,937,0022- Social Security Withholdings Payable 10,428,360,907,334 7,771,365,095,9753- Overdue, Deffered or Restructured Taxes and Other Fiscal Liabilities - -4- Other Fiscal Liabilities 1,340,294,085,010 98,937,735,847TOTAL (E) 47,290,708,377,228 27,435,901,768,825F. Provisions for Liabilities and Expenses1- Provisions for Income Taxes and Other Legal Liabilities on Profit 78,990,691,130,065 32,398,092,373,2282- Prepaid Income Taxes and Other Legal Liabilities on Profit (-) (77,188,777,955,262) (40,930,793,461,329)3- Provisions for Retirement Pay 14,982,271,050,000 21,518,321,400,0004- Provisions for Other Debts and Liabilities 663,857,184,347 503,785,898,220TOTAL (F) 17,448,041,409,150 13,489,406,210,118G. Income and Expense Accruals for Future Months1- Income Relating to Future Months 167,415,677,705,466 133,017,883,192,4732- Expense Accruals 102,173,592,976,145 120,832,283,263,146TOTAL (G) 269,589,270,681,611 253,850,166,455,620H. Other Short-Term Liabilities1- VAT Payable 78,359,526 157,438,9702- Other VAT - -3- Inventory Overages - -4- Other Short-Term Liabilities - -TOTAL (H) 78,359,526 157,438,970TOTAL SHORT-TERM LIABILITIES 569,663,392,214,894 513,372,499,461,99942