XML 73 R58.htm IDEA: XBRL DOCUMENT v3.19.1
Investment properties (Tables)
 12 Months Ended
Dec. 31, 2018
Text block [abstract]  
Summary of Increase (Decrease) in Fair Value
31 December
2018		      31 December
2017		  

Cost

      

Opening balance

      99,938        165,472  

Disposal

      —          (940 ) 

Transfer to property, plant and equipment (*)

      45,821        (64,594 ) 
  

 

 

     

 

 

  

Closing balance

      145,759        99,938  
  

 

 

     

 

 

  

Accumulated depreciation

      

Opening balance

      (98,958 )       (119,202 ) 

Transfer to property, plant and equipment

      (25,765 )       22,366  

Depreciation and impairment charges during the year

      (5,611 )       (2,337 ) 

Disposal

      —          215  

Other

      —          —    
  

 

 

     

 

 

  

Closing balance

      (130,334 )       (98,958 ) 
  

 

 

     

 

 

  

Net book amount

      15,425        980  
  

 

 

     

 

 

  

 

(*)

During the year ended 31 December 2017, the Group transferred its building located in Istanbul, Tepebası from investment properties to property, plant and equipment due to the change in purpose of use.
Summary of Investment Properties and Information About Fair Value Hierarchy

The Group’s investment properties and their fair values at 31 December 2018 and 2017 are as follows:

 

31 December 2018    Level 1      Level 2      Level 3      Valuation Method

Investment properties in Gebze

      —          —          17,960      Income capitalization approach

Investment properties in Ankara

      —          —          15,915      Market approach

Investment properties in Istanbul

      —          —          13,800      Market approach

Investment properties in Aydın

      —          —          2,110      Market approach
  

 

 

     

 

 

     

 

 

     
     —        —        49,785     
  

 

 

     

 

 

     

 

 

     

 


31 December 2017    Level 1      Level 2      Level 3      Valuation Method

Investment properties in Izmir

      —          —          52,110      Replacement cost approach

Investment properties in Gebze

      —          —          16,690      Income capitalization approach

Investment properties in Ankara

      —          —          15,160      Market approach

Investment properties in Istanbul

      —          —          13,000      Market approach

Investment properties in Adana

      —          —          3,150      Replacement cost approach

Investment properties in Balıkesir

      —          —          3,112      Replacement cost approach

Other investment properties

      —          —          3,970      Replacement cost approach

Other investment properties

      —          —          2,146      Market approach
  

 

 

     

 

 

     

 

 

     
     —          —          109,338