Below are the financial statements of Aselsan, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of TRY | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 |
|---|---|---|
| Revenue | 120,205.59a | 106,252.34a |
| Cost of sales (-) | -82,047.4a | -77,224.73a |
| Gross profit | 38,158.19a | 29,027.61a |
| General administrative expenses (-) | -5,275.65a | -4,891.2a |
| Marketing expenses (-) | -2,629.61a | -2,088.46a |
| Research and development expenses (-) | -3,318.26a | -3,819.91a |
| Other operating income | 17,478.74a | 48,391.37a |
| Other operating expenses (-) | -17,097.77a | -30,562.63a |
| Operating profit | 27,315.64a | 36,056.79a |
| Income from investing activities | 85.1a | 49.54a |
| Shares of profit of equity accounted investees | -57.99a | -2.13a |
| Operating profit before financial expense | 27,342.74a | 36,104.2a |
| Financial income | 1,768.19a | 1,706.12a |
| Financial expense (-) | -6,975.66a | -12,753.7a |
| Monetary gain/(loss) | -13,869.43a | -14,647.44a |
| Profit before tax from continuing operations | 8,265.85a | 10,409.18a |
| Tax income from continuing operations | 6,956.87a | 237.7a |
| Current corporate tax expense (-) | -54.07a | -1,630.38a |
| Deferred tax income | 7,010.94a | 1,868.07a |
| Profit for the period from continuing operations | 15,222.72a | 10,646.87a |
| Profit for the period attributable to | 15,222.72a | 10,646.87a |
| Non-controlling interest | -76.02a | 120.98a |
| Owners of the company | 15,298.74a | 10,525.9a |
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