2003 Annual Report - Turkish Airlines

TURKISH AIRLINES INC.STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY FOR THE YEARS ENDED 31 DECEMBER 2003 AND 2002(All figures are restated to TL money values at 31 December 2003 pursuant to IAS 29)AdditionalRevaluationPaid in Surplus AccumulatedCapital Capital Reserves (Note 4.4) LossTL 000,000 TL 000,000 TL 000,000 TL 000,000 TL 000,000Balance at 31 December 2001(As Previously Reported) 1,681,308,782 786,622 123,999,146 109,320,972 (1,354,923,654)To Record Impairment on Fixed Assetsas of 31 December 2001 (After Tax Effect) - - - - (132,531,440)Other (After Tax Effect) (Note 21) - - - - 1,093,951Balance at 31 December 2001(As Restated) 1,681,308,782 786,622 123,999,146 109,320,972 (1,486,361,143)Movement for the Year - - - (109,320,972) -Profit for the Year (As Restated) - - - - 347,514,638Balance at 31 December 2002(As Restated) 1,681,308,782 786,622 123,999,146 - (1,138,846,505)Profit for the Year - - - - 213,859,863Balance at 31 December 2003 1,681,308,782 786,622 123,999,146 - (924,986,642)The accompanying notes form an integral part of these financial statements.53