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.)Time deposits with maturity of more than 3 months:Amount Currency Interest Rate Maturity 31 December 201241.827.004 USD %3.53 April 2013 75.250.687170.000.000 TRY %6.93-%7.27 April 2013 170.577.49597.844.734 EUR %3.19-%3.20 September 2013 231.130.612476.958.794Amount Currency Interest Rate Maturity 31 December 201120.000.000 TRY %8.16-%9.60 April 2012 20.000.00046.457.607 EUR %4.67-%5.50 June 2012 113.533.101133.533.101Long-term financial assets are as follows:31 December 2012 31 December 2011Sita Inc. 1.679.619 1.679.619Star Alliance Gmbh 44.465 44.465UATP Inc. 16.929 16.929Emek İnşaat ve İşletme A.Ş. 26.859 26.859Foreign currency translation reserve 281.372 -2.049.244 1.767.872Sita Inc., Star Alliance GMBH, Emek İnşaat ve İşletme A.Ş. and UATP Inc. are disclosed at cost since they are not tradedin an active market.Details of the long-term financial investments of the Group at 31 December 2012 are as follows:Company NameCountry of Registrationand OperationsOwnershipShareVotingPowerPrincipal ActivitySita Inc. Netherlands Less than 0.1% Less than 0.1%Star Alliance Gmbh Germany 5.55 % 5.55 %Information &Telecommunication ServicesCoordination Between StarAlliance Member AirlinesUATP Inc. USA 4% 4%Payment IntermediationBetween the Passenger and theAirlinesEmek İnşaat ve İşletme A.Ş. Turkey 0.3% 0.3% Construction30 TÜRK HAVA YOLLARI ANNUAL REPORT 2012