General information - Eureko Sigorta

EUREKO S‹GORTA A.fi.
Notes to the Financial Statements As at 31 December 2008
(Currency: New Turkish Lira (TRY))
45 Related party transactions (continued)
As at and for the year ended 31 December 2008, transactions with related parties are as follows:
Garanti Bank - resulting from agency operations
31 December 2008
247,362,569
Garanti Finansal Kiralama Afi - resulting from agency operations 32,687,663
Do¤ufl Sigorta Hizmetleri Ltd. fiti. - resulting from agency operations 31,988,143
VDF Sigorta Arac›l›k Hizmetleri Afi - resulting from agency operations 19,109,808
Garanti Filo Yönetim Hizmetleri Afi - resulting from agency operations 6,695,984
Garanti Emeklilik ve Hayat Afi - health and motor hull premiums 738,104
Garanti Bank International NV 286,004
Do¤ufl Otomotiv Servis ve Ticaret Afi 42,128
Garanti Konut Finansman› Dan›flmanl›k 38,495
Garanti Biliflim Teknolojisi ve Ticaret TAfi 26,471
Do¤ufl Oto Paz. Tic. Afi 9,919
Ayhan fiahenk Vakf› 8,849
Garanti Hizmet Yönetimi Afi 2,180
Written premiums 338,996,317
Garanti Bank - interest income from time deposits 24,274,849
Invesment income 24,274,849
Garanti Bank - commissions given 37,499,564
Garanti Finansal Kiralama Afi - commissions given 4,159,046
VDF Sigorta Arac›l›k Hizmetleri Afi - commissions given 3,149,347
Garanti Biliflim Teknolojisi ve Ticaret Türk Afi - information technologies (IT) expenses 5,049,552
Garanti Bank - various expenses 2,757,056
Antur Turizm Afi - travel expenses 953,880
VDF Otomotiv Servis ve Ticaret Afi - car rental 906,119
Garanti Filo Yönetim Hizmetleri Afi - commissions given 699,615
Do¤ufl Sigorta Hizmetleri Ltd. fiti. - commissions given 640,695
Do¤ufl Yay›n Grubu Afi 633,499
Garanti Biliflim Teknolojisi ve Ticaret TAfi - information technologies (IT) expenses 100,881
Do¤ufl Holding Afi 97,714
Garanti Emeklilik ve Hayat Afi - insurance premiums 37,283
Do¤ufl Oto Pazarlama ve Ticaret Afi - car repairs 33,854
Garanti Emeklilik ve Hayat Afi - various expenses 29,095
Operating expenses 56,747,200
There is no doubtful receivable from related parties.
2008 ANNUAL REPORT
There is no guarantee, commitment, bailment, advance or endorsement given in favor of shareholders, subsidiaries and
associates.
46 Subsequent events
In accordance with the “Principles Regarding Usage of Turkish Lira and Kurufl by the Entities Related to the Private Sector
Accounting System” mentioned in the “15th Sequence Numbered General Circular Related to the Application of Accounting
System” issued by the Republic of Turkey Ministry of Finance in 27092 numbered and 26 December 2008 dated Official
Gazette it is stated that the accounting records and transactions until 31 December 2008 would be recorded in New Turkish
Lira and New Kurufl. On the other hand, the accounting entries will be in Turkish Lira and Kurufl starting from 1January 2009.
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