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Other income and expense (Tables)
12 Months Ended
Dec. 31, 2024
Text blocks [abstract]  
Schedule of other operating income and expense

Recognized in the statement of profit or loss:

    

31 December

    

31 December

    

31 December

2024

2023

2022

Depositary reimbursement

 

88,917

 

157,173

 

150,923

Insurance compensation

 

-

 

395,371

 

-

Income from equipment donations

 

-

 

296,042

 

-

Rent income

 

8,979

 

38,271

 

55,932

Non-interest income from banks

 

-

 

1,287

 

24,824

Other

 

153,523

 

386,405

 

271,636

Other income

 

251,419

 

1,274,549

 

503,315

Revaluation tax expense

 

-

 

(2,166)

(599,665)

Distributor restructuring cost (**)

(1,207,319)

-

-

Donation expenses (*)

(734,465)

(5,659,025)

(386,734)

Litigation expenses

 

(155,435)

 

(1,065,903)

(225,257)

Loss on cancellation of lease contract

 

(222,958)

 

(211,606)

(248,920)

Loss on sale of fixed assets

 

(35,598)

 

(23,072)

(51,257)

Restructuring cost

 

(38,248)

 

(668,099)

(17,494)

Other

 

(183,881)

(525,124)

(502,040)

Other expense

 

(2,577,904)

(8,154,995)

(2,031,367)

(*)

The donation expenses mainly relate to the donation payment made on 6 February 2023, following the devastating earthquake disaster centered in Kahramanmaraş. This donation payment was made in accordance with the opportunity granted by the Capital Markets Board’s decision dated 9 February 2023.

(**)

Expenses resulting from company’s restructuring of distributors across Turkey, the number of distributors has been reduced from two to one.