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.)1 January -31 December 20121 January -31 December 2011Revenue 1.735.457.511 1.519.249.857Loss for the year (20.926.162) (5.563.201)Group’s share in loss for the year (10.463.081) (2.781.600)Financial information for THY DO&CO Catering Services as of 31 December 2012 and 31 December 2011 are as follows:31 December 2012 31 December 2011Total assets 248.740.873 212.403.249Total liabilities 126.926.662 91.214.313Shareholders’equity 121.814.211 121.188.936Group’s share in associate’sshareholders’ equity 60.907.106 60.594.4681 January -31 December 20121 January -31 December 2011Revenue 465.279.242 410.959.134Profit for the year 16.938.278 37.681.048Group’s share in profit for the year 8.469.139 18.840.524Financial information for P&W T.T Uçak Bakım Merkezi Ltd. Şti as of 31 December 2012 and 31 December 2011 are asfollows:31 December 2012 31 December 2011Total assets 225.834.697 225.887.983Total liabilities 116.455.611 73.588.541Shareholders’equity 109.379.086 152.299.442Group’s share in associate’sshareholders’ equity 53.595.748 74.626.7271 January -31 December 20121 January -31 December 2011Revenue 163.637.539 170.833.111Loss for the year (34.593.459) (58.227.661)Group’s share loss for the year (16.950.794) (28.531.554)Financial information for TGS as of 31 December 2012 and 31 December 2011 are as follows:31 December 2012 31 December 2011Total assets 191.883.128 191.800.346Total liabilities 62.788.835 46.455.002Shareholders’equity 129.094.293 145.345.344Group’s share in associate’sshareholders’ equity 64.547.147 72.672.67235