XML 45 R29.htm IDEA: XBRL DOCUMENT

Cash and cash equivalents

12 Months Ended

Dec. 31, 2023

Cash and cash equivalents

Cash and cash equivalents

23.Cash and cash equivalents


		31 December		31 December
		2023		2022
Cash in hand		335		591
Banks		50,025,071		42,823,111
- Demand deposits		4,215,677		3,598,726
- Time deposits		45,809,394		33,120,932
- Receivables from reverse repo		-		6,103,453
Impairment loss provision		(46,690)		(47,542)
		49,978,716		42,776,160

As of 31 December 2023, the average effective interest rates of TL, USD, EUR and RMB time deposits are 42.2%, 4.1%, 3.7% and 0.7% (31 December 2022: 22.8%, 2.4%, 2.6% and 0.3%) respectively.

As of 31 December 2023, average maturity of time deposits is 39 days (31 December 2022: 22 days).

As of 31 December 2023, there is no receivables from reverse repo. As of 31 December 2022, the effective interest rates of USD and EUR receivables from reverse repo are 3.0% and 2.8% respectively and average maturity of receivables from reverse repo is 23 days.

Reconciliation of cash and cash equivalents in consolidated statement of cash flows:


		31 December		31 December
		2023		2022
Cash and cash equivalents		49,978,716		42,776,160
Interest accrual of cash and cash equivalents		(171,284)		(33,956)
Asset held for sale		4,017,443		—
Total		53,824,875		42,742,204