Summary Info
FY2022 Profit Distribution
Update Notification Flag
No
Correction Notification Flag
No
Postponed Notification Flag
No
Decision Date
01.03.2023
Type of Cash Dividend Payment
Cash Dividend Will Not Be Paid
Stock Dividend
Will Not Be Paid
Cash Dividend Payment Amount and Rates
Share Group Info
Payment
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Gross (%)
Withholding Rate (%)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (TL)
Cash Dividend To Be Paid For Share With Par Value of 1 TL - Net (%)
A Grubu, THYAO, TRATHYAO91M5
0,0000000
0
0
0,0000000
0
C Grubu, İşlem Görmüyor, TRETHYA00012
0,0000000
0
0
0,0000000
0
Amount and Rate of Cash Dividend Stock Dividend Payment
Share Group Info
Amount of Stock Dividend (TL)
Rate of Stock Dividend (%)
A Grubu, THYAO, TRATHYAO91M5
0
0
C Grubu, İşlem Görmüyor, TRETHYA00012
0
0
Additional Explanations

According to the consolidated financial statements belonging to the accounting period of 01.01.2022-31.12.2022 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 profit for the period is 47,432,000,000 TRY. 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 profit of the period is 21,651,606,080 TRY and previous years' loss account has a balance of 63,236,726,739 TRY. The following resolution will be submitted to the approval of the General Assembly:

The profit 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 profit of 47,432,000,000 TRY (according to IFRS) will be transferred to the previous years' profit account. Attached you may find the 2022 Profit Distribution Table.

Supplementary Documents
Appendix: 1
KAR PAYI DAĞITIM TABLOSU_2022.pdf
Appendix: 2
PROFIT DISTRIBUTION TABLE_2022.pdf
DIVIDEND DISTRIBUTION TABLE
TÜRK HAVA YOLLARI A.O. 01.01.2022/31.12.2022 Period Dividend Payment Table (TL)
1.Paid-In / Issued Capital
1.380.000.000
2. Total Legal Reserves (According to Legal Records)
75.738.987,22
Information on privileges in dividend distribution, if any, in the Articles of Association:
NONE
*
Based on CMB Regulations
Based on Legal Records
3. Current Period Profit
51.403.000.000
21.651.606.080
4. Taxes Payable (-)
-3.971.000.000
5. Net Current Period Profit
47.432.000.000
21.651.606.080
6. Losses in Previous Years (-)
19.311.000.000
-63.236.726.739
7. Primary Legal Reserve (-)
8. Net Distributable Current Period Profit
Dividend Advance Distributed (-)
Dividend Advance Less Net Distributable Current Period Profit
9. Donations Made During The Year ( + )
10. Donation-Added Net Distributable Current Period Profit on which First Dividend Is Calculated
11. First Dividend to Shareholders
* Cash
* Stock
12. Dividend Distributed to Owners of Privileged Shares
13. Other Dividend Distributed
* To the Employees
* To the Members of the Board of Directors
* To Non-Shareholders
14. Dividend to Owners of Redeemed Shares
15. Second Dividend to Shareholders
16. Secondary Legal Reserves
17. Statutory Reserves
18. Special Reserves
19. Extraordinary Reserves
20. Other Distributable Resources