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.)Transactions with related parties that are accounted by using the equity method for the year ended as of 31 December2012 are as follows:1 January - 1 January -Sales 31 December 2012 31 December 2011Sun Ekspress 42.182.656 29.723.737TGS 32.959.604 12.182.732TEC 15.621.347 25.540.358Turkish DO&CO 2.566.491 1.939.830Goodrich 1.890.294 9.652.699TCI 944.319 -Türkbine Teknik 360.275 218.619THY Opet 160.909 432.893Sun Express Deut. 70.008 7.408.796Uçak Koltuk 29.231 -96.785.134 87.099.6641 January - 1 January -Purchases 31 December 2012 31 December 2011THY Opet 3.192.744.391 2.074.655.627Turkish DO&CO 385.433.214 349.856.592TGS 311.898.310 302.633.375Sun Ekspress 73.735.876 459.142TEC 36.222.756 150.531.810Goodrich 8.149.394 273.226Türkbine Teknik 146.619 -Bosnia Herzegovina Airlines - 10.003.3264.008.330.560 2.888.413.098Transactions between the Group and Sun Express and Bosnia Herzegovina Airlines seat rental operations; transactionsbetween the Group and Turkish DO&CO are catering services and loan financing, transactions between the Groupand TGS are ground services, transactions between the Group and P&W T.T are engine maintenance services and thetransactions between the Group and THY OPET is the supply of aircraft fuel. Receivables from related parties are notcollateralized and maturity of trade receivables is 30 days.The total amount of salaries and other short term benefits provided for the Chairman and the Members of Board ofDirectors, General Manager, General Coordinator and Deputy General Managers are TL 6,301,658 (31 December 2011: TL4,528,973).59