Financial - Turkish Airlines

(Convenience Translation of Report and Financial Statements Originally Issued in Turkish)TÜRK HAVA YOLLARI ANONİM ORTAKLIĞI AND ITS SUBSIDIARIESNotes to the Audited Consolidated Financial StatementsFor the Year Ended 31 December 2012(All amounts are expressed in Turkish Lira (TL) unless otherwise stated.)6. CASH AND CASH EQUIVALENTS31 December 2012 31 December 2011Cash 1.836.473 5.959.669Banks – Time deposits 1.121.913.532 1.291.657.138Banks – Demand deposits 222.290.264 213.883.414Other liquid assets 9.502.267 38.024.4891.355.542.536 1.549.524.710Time Deposits:Amount Currency Interest Rate Maturity 31 December 2012813.916.500 TL 7.14% -9.22% March 2013 825.411.927125.082.952 EURO 2.81% -3.27% March 2013 296.501.6051.121.913.532Amount Currency Interest Rate Maturity 31 December 2011193.850.000 TL 6.30%-12.25% February 2012 204.608.315322.754.001 EUR 5.30%-6.25% March 2012 790.619.702153.906.163 USD 4.50%-6.25% March 2012 296.429.1211.291.657.1387. FINANCIAL INVESTMENTSShort-term financial investments are as follows:31 December 2012 31 December 2011Time deposits with maturity more than 3 months 476.958.794 133.533.101Fair values of derivative financial instruments (Note 39) 74.861.649 80.366.577551.820.443 213.899.67829