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.
| All figures in millions of USD | 2024 | 2023 |
|---|---|---|
| Revenue | 22,669a | 20,942a |
| Cost of sales (-) | -18,347a | -16,060a |
| Gross profit | 4,322a | 4,882a |
| General administrative expenses (-) | -564a | -449a |
| Selling and marketing expenses (-) | -1,838a | -1,760a |
| Other operating income | 606a | 509a |
| Other operating expenses (-) | -113a | -323a |
| Operating profit before investment activities | 2,413a | 2,859a |
| Income from investment activities | 1,668a | 933a |
| Expenses for investment activities | -75a | -65a |
| Share of investments’ profit accounted for using the equity method | 176a | 232a |
| Operating profit | 4,182a | 3,959a |
| Financial income | 991a | 611a |
| Financial expenses (-) | -1,528a | -931a |
| Monetary gain | 2a | 2a |
| Profit before tax | 3,647a | 3,641a |
| Tax (expense) | -222a | -2,380a |
| Current income tax (expense) | -387a | -66a |
| Deferred tax income | 165a | 2,446a |
| Net profit for the year | 3,425a | 6,021a |
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