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.)Income Statement ReclassificationsTL 14,953,929 part of the “Transportation Expenses” and TL 3.023.821 of the “Comissions of Guarantee Letters” item,which was stated under “Sales and Marketing Expenses” in the interim period 1 January-31 December 2012, is nowclassified under “Cost Of Sales” and “Financial Expenses”,respectively.TL 3,937,856 part of the “Fuel Charges” and TL 1.120.428 of the “Comissions of Guarantee Letters” item, which wasstated under “Sales and Marketing Expenses” in the interim period 1 January-31 December 2011, is now classified under“Cost Of Sales” and “Financial Expenses”TL 17,414,308 part of the “Aircraft Finance Administrative Expenses “item, which was stated under “Cost Of Sales” in theinterim period 1 January-31 December 2011, is now classified under “Financial Expenses”.TL 1938,980 part of the “ Frequents Flyer Programme” item, which was stated under “Sales and Marketing Expenses” inthe interim period 1 January-31 December 2011,is now offset “Sales Revenue”.TL 4,632,747 part of the “Aircraft Rent Income and Other Rent Income” item, which was stated under “Sales Revenue” inthe interim period 1 January-31 December 2011, is now classified under “Other Operating Income”.TL 4,189,653 part of the “Other Operating Income” item, which was stated under “Other Operating Income” in the interimperiod 1 January-31 December 2011, is now classified under “Sales Income”.TL 501,742 part of the “Other Operating Expenses” item, which was stated under “Other Operating Expenses”in theinterim period 1 January-31 December 2011, is now classified under”Sales Revenue”.TL 13,215,277 part of the “Gain of Interest Derivative” item, which was stated under “Financial Income” in the interimperiod 1 January-31 December 2011, is now offset with “Financial Expenses”.79