Turk Hava Yollari AO

Country

Turkey

Sector

Industrials

Industry

Airlines

Employees

65,013

Ticker

THYAO.E

Exchange

BORSA ISTANBUL

Website

www.turkishairlines.com

Description

Turkish Airlines Inc. is a leading global airline that operates as the national flag carrier of Turkey. The airline's primary function is to provide passenger and cargo air transportation services to ... Show more

Financial Statements of Turk Hava Yollari AO

Below are the financial statements of Turk Hava Yollari AO, 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.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Non-current assets	—	—
Financial investments	1,113^a	398^a
Other receivables	—	—
Related parties	12^a	0^a
Third parties	1,252^a	1,395^a
Investments accounted for using equity method	644^a	497^a
Investment property	43^a	43^a
Property and equipment	7,055^a	6,075^a
Right of use assets	17,625^a	16,928^a
Intangible assets	—	—
Other intangible assets	112^a	87^a
Goodwill	27^a	27^a
Prepaid expenses	1,696^a	1,294^a
Deferred tax asset	402^a	332^a
Total non-current assets	29,981^a	27,076^a
Current assets	—	—
Cash and cash equivalents	2,721^a	683^a
Financial investments	3,346^a	5,344^a
Trade receivables	—	—
Related parties	43^a	50^a
Third parties	862^a	806^a
Other receivables	—	—
Related parties	9^a	9^a
Third parties	1,359^a	880^a
Derivative financial instruments	119^a	18^a
Inventories	671^a	418^a
Prepaid expenses	302^a	237^a
Current income tax assets	29^a	2^a
Other current assets	232^a	109^a
Total current assets	9,693^a	8,556^a
Total assets	39,674^a	35,632^a
Equity	—	—
Share capital	1,597^a	1,597^a
Treasury shares	-39^a	-33^a
Actuarial losses on retirement pay obligation	-284^a	-274^a
Items that are or may be reclassified to profit or loss	—	—
Foreign currency translation differences	-214^a	-221^a
Fair value gains on hedging instruments entered into for cash flow hedges	620^a	281^a
Gains on remeasuring FVOCI	18^a	21^a
Restricted profit reserves	75^a	69^a
Previous years profit	14,112^a	8,097^a
Net profit for the year	3,425^a	6,021^a
Equity of the parent	19,310^a	15,558^a
Non-controlling interests	4^a	5^a
Total equity	19,314^a	15,563^a
Non-current liabilities	—	—
Long-term borrowings	33^a	472^a
Long-term lease liabilities	10,139^a	10,052^a
Third parties	32^a	25^a
Deferred revenue	131^a	108^a
Long-term provisions	—	—
Provisions for employee termination benefits	247^a	229^a
Other provisions	107^a	85^a
Deferred tax liability	65^a	50^a
Total non-current liabilities	10,754^a	11,021^a
Current liabilities	—	—
Short-term borrowings	1,571^a	1,345^a
Short-term portion of long-term borrowings	291^a	618^a
Short-term portion of lease liabilities	1,827^a	1,760^a
Trade payables	—	—
Related parties	293^a	285^a
Third parties	1,201^a	1,006^a
Payables related to employee benefits	536^a	418^a
Other payables	—	—
Related parties	1^a	4^a
Third parties	315^a	238^a
Derivative financial instruments	37^a	101^a
Deferred revenue	2,944^a	2,705^a
Short-term provisions	—	—
Provisions for employee benefits	101^a	50^a
Other provisions	14^a	6^a
Other current liabilities	475^a	512^a
Total current liabilities	9,606^a	9,048^a
Total liabilities and equity	39,674^a	35,632^a

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Verified Sources Behind Turk Hava Yollari AO’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Turk Hava Yollari AO’s data sources below and access millions more through our Disclosure Search.

a. Turk Hava Yollari AO's Annual Report 2024

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Turk Hava Yollari AO

Financial Statements of Turk Hava Yollari AO

Verified Sources Behind Turk Hava Yollari AO’s Financial Fundamentals Data

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