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Summary Info
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FY2020 Profit Distribution
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Update Notification Flag
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No
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Correction Notification Flag
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No
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Postponed Notification Flag
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No
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Decision Date
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01.03.2021
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Type of Cash Dividend Payment
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Cash Dividend Will Not Be Paid
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Currency Unit
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TRY
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Stock Dividend
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Will Not Be Paid
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Cash Dividend Payment Amount and Rates
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Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
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Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
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Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
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Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
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A Grubu, THYAO, TRATHYAO91M5
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0,0000000
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0
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0,0000000
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0
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C Grubu, İşlem Görmüyor, TRETHYA00012
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0,0000000
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0
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0,0000000
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0
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Amount and Rate of Cash Dividend Stock Dividend Payment
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Amount of Stock Dividend (TL)
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Rate of Stock Dividend (%)
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A Grubu, THYAO, TRATHYAO91M5
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0
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0
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C Grubu, İşlem Görmüyor, TRETHYA00012
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0
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0
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According to the consolidated financial statements belonging to the accounting period of 01.01.2020-31.12.2020 prepared in accordance with the International Financial Reporting Standards within the framework of the provisions of the Communiqué of the CMB Serial: II, and Number: 14.1 and audited by PwC Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş., net loss for the period is TL 5
.588.000.000
. On the other hand, according to the legal books (under the provisions of Turkish Tax Procedure Law, due to the differences between Turkish Accounting standards and IFRS standards) the net loss of the period is TL
17.339.310.713
and previous years' loss account has a balance of TL
16.345.436.976
. The following resolution will be submitted to the approval of the General Assembly:
The loss amount according to the legal books will be transferred to previous years' loss account. As there will not be any distributable profit (according to the legal books), the net loss of TL 5
.588.000.000
(according to IFRS) will be transferred to the previous years' profit account. Attached you may find the 2020 Profit Distribution Table.
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Appendix: 1
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KAR PAYI DAĞITIM TABLOSU_2020.pdf
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Appendix: 2
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PROFIT DISTRIBUTION TABLE_2020.pdf
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DIVIDEND DISTRIBUTION TABLE
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TÜRK HAVA YOLLARI A.O. 01.01.2020/31.12.2020 Period Dividend Payment Table (TL)
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1.Paid-In / Issued Capital
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1.380.000.000
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2. Total Legal Reserves (According to Legal Records)
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75.738.987,22
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*
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Based on CMB Regulations
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Based on Legal Records
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3. Current Period Profit
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-6.101.000.000
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-17.339.310.713
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4. Taxes Payable (-)
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513.000.000
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5. Net Current Period Profit
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-5.588.000.000
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-17.339.310.713
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6. Losses in Previous Years (-)
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16.533.000.000
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-16.345.436.976
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7. Primary Legal Reserve (-)
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8. Net Distributable Current Period Profit
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Dividend Advance Distributed (-)
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Dividend Advance Less Net Distributable Current Period Profit
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9. Donations Made During The Year ( + )
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90.121
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90.121
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10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
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11. First Dividend to Shareholders
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* Cash
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* Stock
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12. Dividend Distributed to Owners of Privileged Shares
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13. Other Dividend Distributed
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* To the Employees
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* To the Members of the Board of Directors
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* To Non-Shareholders
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14. Dividend to Owners of Redeemed Shares
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15. Second Dividend to Shareholders
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16. Secondary Legal Reserves
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17. Statutory Reserves
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18. Special Reserves
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19. Extraordinary Reserves
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20. Other Distributable Resources
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