AKSİGORTA ANONİM ŞİRKETİ

DETAILED CONSOLIDATED BALANCE SHEET

ASSETS

Unaudited

Audited

I- CURRENT ASSETS

Note

Current Period

Previous Period

(30/09/2023)

(31/12/2022)

A- Cash and Cash Equivalents

14

3.803.837.779

5.209.698.181

1- Cash

-

-

2- Cheques Received

-

-

3- Banks

14

2.742.597.998

4.994.282.190

4- Cheques Given and Payment Orders (-)

-

-

5- Receivables From Credit Cards with Bank Guarantee Due Less Than Three Months

14

1.061.239.781

215.415.991

6- Other Cash and Cash Equivalents

-

-

B- Financial Assets and Investments with Risks on Policy Holders

11.1

6.240.854.208

3.347.337.441

1- Financial Assets Available for Sale

11.1

1.754.288.063

1.951.145.408

2- Financial Assets Held to Maturity

11.1

829.959.440

1.184.804.256

3- Financial Assets Held for Trading

11.1

3.654.649.480

209.376.382

4- Loans

-

-

5- Provision for Loans (-)

-

-

6- Investments with Risks on Policy Holders

11.1

1.957.225

2.011.395

7- Equity Shares

-

-

8- Impairment in Value of Financial Assets (-)

-

-

C- Receivables From Main Operations

12.1

4.987.269.215

2.866.570.795

1- Receivables From Insurance Operations

12.1

5.001.142.117

2.879.788.998

2- Provision for Receivables From Insurance Operations (-)

12.1

(67.352.313)

(45.967.323)

3- Receivables From Reinsurance Operations

-

-

4- Provision for Receivables From Reinsurance Operations (-)

-

-

5- Cash Deposited For Insurance & Reinsurance Companies

12.1

30.954

30.954

6- Loans to Policyholders

-

-

7- Provision for Loans to Policyholders (-)

-

-

8- Receivables from Pension Operation

-

-

9- Doubtful Receivables From Main Operations

12.1

552.292.245

394.716.808

10- Provisions for Doubtful Receivables From Main Operations (-)

12.1

(498.843.788)

(361.998.642)

D- Due from Related Parties

17.384

17.384

1- Due from Shareholders

-

-

2- Due from Affiliates

-

-

3- Due from Subsidiaries

-

-

4- Due from Joint Ventures

-

-

5- Due from Personnel

-

-

6- Due from Other Related Parties

17.384

17.384

7- Rediscount on Receivables Due from Related Parties (-)

-

-

8- Doubtful Receivables Due from Related Parties

-

-

9- Provisions for Doubtful Receivables Due from Related Parties (-)

-

-

E- Other Receivables

45.862.677

47.994.285

1- Leasing Receivables

-

-

2- Unearned Leasing Interest Income (-)

-

-

3- Deposits and Guarantees Given

1.370.112

1.219.112

4- Other Receivables

47

44.492.565

46.775.173

5- Discount on Other Receivables (-)

-

-

6- Other Doubtful Receivables

-

-

7- Provisions for Other Doubtful Receivables (-)

-

-

F- Prepaid Expenses and Income Accruals

4.2.2

1.265.091.807

901.513.876

1- Deferred Commission Expenses

17.20

1.254.891.213

885.958.057

2- Accrued Interest and Rent Income

-

-

3- Income Accruals

729.404

1.148.041

4- Other Prepaid Expenses

47

9.471.190

14.407.778

G- Other Current Assets

6.360.560

3.686.277

1- Inventories

22

22

2- Prepaid Taxes and Funds

4.618.347

3.664.432

3- Deferred Tax Assets

-

-

4- Business Advances

204.227

21.823

5- Advances Given to Personnel

1.537.965

-

6- Stock Count Differences

-

-

7- Other Current Assets

-

-

8- Provision for Other Current Assets (-)

-

-

I- Total Current Assets

16.349.293.630

12.376.818.239

AKSİGORTA ANONİM ŞİRKETİ

DETAILED CONSOLIDATED BALANCE SHEET

ASSETS

Unaudited

Audited

II- NON CURRENT ASSETS

Note

Current Period

Previous Period

(30/09/2023)

(31/12/2022)

A- Receivables From Main Operations

-

-

1- Receivables From Insurance Operations

-

-

2- Provision for Receivables From Insurance Operations (-)

-

-

3- Receivables From Reinsurance Operations

-

-

4- Provision for Receivables From Reinsurance Operations (-)

-

-

5- Cash Deposited for Insurance & Reinsurance Companies

-

-

6- Loans to Policyholders

-

-

7- Provision for Loans to Policyholders (-)

-

-

8- Receivables From Pension Operations

-

-

9- Doubtful Receivables from Main Operations

-

-

10-Provision for Doubtful Receivables from Main Operations

-

-

B- Due from Related Parties

-

-

1- Due from Shareholders

-

-

2- Due from Affiliates

-

-

3- Due from Subsidiaries

-

-

4- Due from Joint Ventures

-

-

5- Due from Personnel

-

-

6- Due from Other Related Parties

-

-

7- Discount on Receivables Due from Related Parties (-)

-

-

8- Doubtful Receivables Due from Related Parties

-

-

9- Provisions for Doubtful Receivables Due from Related Parties (-)

-

-

C- Other Receivables

-

-

1- Leasing Receivables

-

-

2- Unearned Leasing Interest Income (-)

-

-

3- Deposits and Guarantees Given

-

-

4- Other Receivables

-

-

5- Discount on Other Receivables (-)

-

-

6- Other Doubtful Receivables

-

-

7- Provisions for Other Doubtful Receivables (-)

-

-

D- Financial Assets

-

-

1- Investments In Associates

-

-

2- Affiliates

-

-

3- Capital Commitments to Affiliates (-)

-

-

4- Subsidiaries

-

-

5- Capital Commitments to Subsidiaries (-)

-

-

6- Joint Ventures

-

-

7- Capital Commitments to Joint Ventures (-)

-

-

8- Financial Assets and Investments with Risks on Policy Holders

-

-

9- Other Financial Assets

-

-

10- Diminution in Value of Financial Assets (-)

-

-

E- Tangible Fixed Assets

6 and 7

86.147.100

63.880.077

1- Investment Properties

7

-

-

2- Diminution in Value for Investment Properties (-)

-

-

3- Owner Occupied Properties

6

5.329

5.329

4- Machinery and Equipments

-

-

5- Furnitures and Fixtures

6

51.313.006

45.477.606

6- Vehicles

6

8.886.833

8.758.863

7- Other Tangible Assets (Including Leasehold Improvements)

6

25.118.576

24.233.834

8- Leased Tangible Fixed Assets

6

112.642.977

68.313.445

9- Accumulated Depreciation (-)

6 and 7

(111.819.621)

(82.909.000)

10- Advances Paid for Tangible Fixed Assets (Including Construction In Progresses)

-

-

F- Intangible Fixed Assets

8

298.501.645

168.048.891

1- Rights

8

372.667.889

304.122.850

2- Goodwill

-

-

3- Establishment Costs

-

-

4- Research and Development Expenses

-

-

6- Other Intangible Assets

-

-

7- Accumulated Amortizations (-)

8

(219.921.471)

(179.726.972)

8- Advances Regarding Intangible Assets

8

145.755.227

43.653.013

G- Prepaid Expenses and Income Accruals

732.079

110.304

1- Deferred Commission Expenses

-

-

2- Accrued Interest and Rent Income

-

-

3- Other Prepaid Expenses

47

732.079

110.304

H- Other Non-current Assets

272.775.248

228.577.129

1- Effective Foreign Currency Accounts

-

-

2- Foreign Currency Accounts

-

-

3- Inventories

-

-

4- Prepaid Taxes and Funds

-

-

5- Deferred Tax Assets

35

272.775.248

228.577.129

6- Other Non-current Assets

-

-

7- Other Non-current Assets Amortization (-)

-

-

8- Provision for Other Non-current Assets (-)

-

-

II- Total Non-current Assets

658.156.072

460.616.401

TOTAL ASSETS (I+II)

17.007.449.702

12.837.434.640

AKSİGORTA ANONİM ŞİRKETİ

DETAILED CONSOLIDATED BALANCE SHEET

LIABILITIES

Unaudited

Audited

III- SHORT TERM LIABILITIES

Note

Current Period

Previous Period

(30/09/2023)

(31/12/2022)

A- Borrowings

33.227.947

641.683.756

1- Loans to Financial Institutions

-

544.473.125

2- Finance Lease Payables

20

46.733.880

27.858.335

3- Deferred Finance Lease Borrowing Costs (-)

20

(13.505.933)

(8.929.786)

4- Current Portion of Long Term Borrowings

-

-

5- Principal, Installments and Interests on Issued Bills (Bonds)

-

-

6- Other Financial Assets Issued

-

-

7- Value Differences on Issued Financial Assets (-)

-

-

8- Other Financial Borrowings (Liabilities)

14

-

78.282.082

B- Payables From Main Operations

3.482.236.825

2.052.543.633

1- Payables Due to Insurance Operations

19.1

3.482.236.825

2.052.543.633

2- Payables Due to Reinsurance Operations

-

-

3- Cash Deposited by Insurance & Reinsurance Companies

-

-

4- Payables Due to Pension Operations

-

-

5- Payables from Other Operations

-

-

6- Rediscount on Other Payables From Main Operations (-)

-

-

C- Due to Related Parties

626.347

190.785

1- Due to Shareholders

1.143

1.143

2- Due to Affiliates

-

-

3- Due to Subsidiaries

-

-

4- Due to Joint Ventures

-

-

5- Due to Personnel

625.204

189.642

6- Due to Other Related Parties

-

-

D- Other Payables

361.258.015

364.004.169

1- Deposits and Guarantees Received

12.1

43.891.131

28.257.559

2- Due to SSI regarding Treatment Expenses

19.1

138.152.850

69.641.878

3- Other Payables

19.1

179.214.034

266.104.732

4- Discount on Other Payables (-)

-

-

E- Insurance Technical Reserves

8.796.347.266

6.839.644.319

1- Unearned Premiums Reserve - Net

20

4.688.728.024

3.897.966.852

2- Unexpired Risk Reserves - Net

20

400.862.978

153.218.079

3- Mathematical Reserves - Net

-

-

4- Outstanding Claims Reserve - Net

4.1 and 20

3.706.743.639

2.788.449.164

5- Provision for Bonus and Discounts - Net

20

12.625

10.224

6- Other Technical Reserves - Net

-

-

F- Taxes and Other Liabilities and Relevant Provisions

224.272.710

152.017.037

1- Taxes and Dues Payable

194.159.698

151.321.626

2- Social Security Premiums Payable

23.1

1.784.480

689.939

3- Overdue, Deferred or By Installment Taxes and Other Liabilities

-

-

4- Other Taxes and Liabilities

5.514

5.472

5- Corporate Tax Liability Provision on Period Profit

35

34.542.273

-

6- Prepaid Taxes and Other Liabilities on Period Profit (-)

35

(6.219.255)

-

7- Provisions for Other Taxes and Liabilities

-

-

G- Provisions for Other Risks

348.223.245

96.230.891

1- Provision for Employment Termination Benefits

-

-

2- Pension Fund Deficit Provision

-

-

3- Provisions for Costs

19.1 and 23.4

348.223.245

96.230.891

H- Deferred Income and Expense Accruals

19.1

981.183.538

531.238.119

1- Deferred Commission Income

17.16

981.183.538

531.238.119

2- Expense Accruals

2.11 and 19.1

-

-

3- Other Deferred Income

-

-

I- Other Short Term Liabilities

235

235

1- Deferred Tax Liability

35

-

-

2- Inventory Count Differences

-

-

3- Other Short Term Liabilities

235

235

III - Total Short Term Liabilities

14.227.376.128

10.677.552.944

AKSİGORTA ANONİM ŞİRKETİ

DETAILED CONSOLIDATED BALANCE SHEET

LIABILITIES

Unaudited

Audited

IV- LONG TERM LIABILITIES

Note

Current Period

Previous Period

(30/09/2023)

(31/12/2022)

A- Borrowings

31.957.986

27.034.361

1- Loans to Financial Institutions

-

-

2- Finance Lease Payables

20

46.420.967

30.762.568

3- Deferred Finance Lease Borrowing Costs (-)

20

(10.976.760)

(3.728.207)

4- Bonds Issued

-

-

5- Other Issued Financial Assets

-

-

6- Value Differences on Issued Financial Assets (-)

-

-

7- Other Financial Borrowings (Liabilities)

-

-

B- Payables From Main Operations

-

-

1- Payables Due to Insurance Operations

-

-

2- Payables Due to Reinsurance Operations

-

-

3- Cash Deposited by Insurance & Reinsurance Companies

-

-

4- Payables Due to Pension Operations

-

-

5- Payables from Other Operations

-

-

6- Discount on Other Payables From Main Operations (-)

-

-

C- Due to Related Parties

-

-

1- Due to Shareholders

-

-

2- Due to Affiliates

-

-

3- Due to Subsidiaries

-

-

4- Due to Joint Ventures

-

-

5- Due to Personnel

-

-

6- Due to Other Related Parties

-

-

D- Other Payables

-

-

1- Deposits and Guarantees Received

-

-

2- Due to SSI regarding Treatment Expenses

-

-

3- Other Payables

-

-

4- Discount on Other Payables (-)

-

-

E- Insurance Technical Reserves

48.091.968

156.226.080

1- Unearned Premiums Reserve - Net

-

-

2- Unexpired Risk Reserves - Net

-

-

3- Mathematical Reserves - Net

17.2 and 20

1.849.438

1.325.877

4- Outstanding Claims Reserve - Net

-

-

5- Provision for Bonus and Discounts - Net

-

-

6- Other Technical Reserves - Net

20

46.242.530

154.900.203

F- Other Liabilities and Provisions

-

-

1- Other Liabilities

-

-

2- Overdue, Deferred or By Installment Other Liabilities

-

-

3- Other Liabilities and Expense Accruals

-

-

G- Provisions for Other Risks

16.751.972

33.744.176

1- Provision for Employment Termination Benefits

22

16.751.972

33.744.176

2- Provisions for Employee Pension Fund Deficits

-

-

H- Deferred Income and Expense Accruals

-

-

1- Deferred Commission Income

-

-

2- Expense Accruals

-

-

3- Other Deferred Income

-

-

I- Other Long Term Liabilities

-

-

1- Deferred Tax Liability

35

-

-

2- Other Long Term Liabilities

-

-

IV- Total Long Term Liabilities

100.288.147

217.004.617

AKSİGORTA ANONİM ŞİRKETİ

DETAILED CONSOLIDATED BALANCE SHEET

SHAREHOLDERS' EQUITY

Unaudited

Audited

V- SHAREHOLDERS' EQUITY

Note

Current Period

Previous Period

(30/09/2023)

(31/12/2022)

A- Paid in Capital

1.612.000.000

1.612.000.000

1- (Nominal) Capital

2.14

1.612.000.000

1.612.000.000

2- Unpaid Capital (-)

-

-

3- Positive Inflation Adjustment on Capital

-

-

4- Negative Inflation Adjustment on Capital (-)

-

-

5- Unregistered Capital

2.14

-

-

B- Capital Reserves

3.463.617

3.463.617

1- Equity Share Premiums

3.463.617

3.463.617

2- Cancellation Profits of Equity Shares

-

-

3- Profit on Sale to be Transferred to Capital

15

-

-

4- Translation Reserves

-

-

5- Other Capital Reserves

-

-

C- Profit Reserves

313.830.814

290.838.423

1- Legal Reserves

15

111.936.210

111.936.210

2- Statutory Reserves

62

62

3- Extraordinary Reserves

200.091.508

200.091.508

4- Special Funds (Reserves)

15

(10.313.818)

(23.070.953)

5- Revaluation of Financial Assets

16.1

12.116.852

1.881.596

6- Other Profit Reserves

-

-

D- Previous Years' Profits

163.920.341

163.920.341

1- Previous Years' Profits

163.920.341

163.920.341

E- Previous Years' Losses (-)

(127.345.302)

-

1- Previous Years' Losses

(127.345.302)

-

F- Net Profit of the Period

37

713.915.957

(127.345.302)

1- Net Profit of the Period

713.915.957

-

2- Net Loss of the Period

-

(127.345.302)

3- Net Income not subject to distribution

-

-

Total Shareholders' Equity

2.679.785.427

1.942.877.079

Total Liabilities and Shareholders' Equity (III+IV+V)

17.007.449.703

12.837.434.640

AKSİGORTA ANONİM ŞİRKETİ

DETAILED CONSOLIDATED INCOME STATEMENT

Unaudited

Unaudited

Unaudited

Unaudited

I-TECHNICAL PART

Note

Current Period

Current Period

Previous Period

Previous Period

01/01/2023-30/09/2023

01/07/2023-30/09/2023

01/01/2022-30/09/2022

01/07/2022-30/09/2022

A- Non-Life Technical Income

7.821.818.282

2.688.678.719

4.133.131.816

1.915.975.475

1- Earned Premiums (Net of Reinsurer Share)

5.591.752.505

2.067.333.472

2.942.025.890

1.365.034.112

1.1 - Written Premiums (Net of Reinsurer Share)

24

6.630.158.576

2.353.406.296

4.671.670.343

1.879.059.129

1.1.1 - Gross Written Premiums (+)

24

17.843.118.565

6.726.531.739

8.567.640.071

3.058.992.397

1.1.2 - Ceded

Premiums to Reinsurers (-)

17.16 and 24

(10.919.257.017)

(4.272.030.168)

(3.709.974.193)

(1.121.616.113)

1.1.3 - Ceded

Premiums to SSI (-)

17.16 and 24

(293.702.972)

(101.095.275)

(185.995.535)

(58.317.155)

1.2- Change in Unearned Premiums Reserve (Net of Reinsurers Shares and Reserves Carried

(790.761.172)

(231.013.590)

(1.267.593.825)

(520.106.460)

Forward) (+/-)

1.2.1 - Unearned Premiums Reserve (-)

20

(4.225.790.071)

(1.402.577.628)

(1.911.960.181)

(469.975.585)

1.2.2 - Reinsurance Share of Unearned Premiums Reserve (+)

17.16 and 20

3.367.677.973

1.160.853.362

617.326.423

(49.000.457)

1.2.3 - SSI of Unearned Premiums Reserve (+)

17.16 and 20

67.350.926

10.710.676

27.039.933

(1.130.418)

1.3- Changes in Unexpired Risks Reserve (Net of Reinsurer Share and Reserves Carried Forward)(+/-

(247.644.899)

(55.059.234)

(462.050.628)

6.081.443

)

1.3.1 - Unexpired Risks Reserve (-)

20

(581.215.156)

(265.192.217)

(442.503.468)

49.239.220

1.3.2 - Reinsurance Share of Unexpired Risks Reserve (+)

17.16 and 20

333.570.257

210.132.983

(19.547.160)

(43.157.777)

2- Investment Income Transfered from Non-Technical Part

2.174.148.081

564.972.067

1.154.226.628

529.484.234

3- Other Technical Income (Net of Reinsurer Share)

48.882.846

20.029.458

20.559.725

6.461.341

3.1 - Gross Other Technical Income (+)

48.882.846

20.029.458

20.559.725

6.461.341

3.2 - Reinsurance Share of Other Technical Income (-)

-

-

-

-

4- Accrued Subrogation and Salvage Income (+)

7.034.850

36.343.722

16.319.573

14.995.788

B- Non-Life Technical Expense (-)

(6.733.964.894)

(2.535.887.965)

(4.552.472.171)

(1.794.214.383)

1- Total Claims (Net of Reinsurer Share)

(5.009.625.534)

(1.818.805.599)

(3.629.310.821)

(1.425.946.705)

1.1- Claims Paid (Net of Reinsurer Share)

(4.091.331.059)

(1.478.708.776)

(2.993.964.108)

(1.051.566.177)

1.1.1 - Gross Claims Paid (-)

(11.449.179.291)

(4.403.250.918)

(4.517.974.810)

(1.714.727.295)

1.1.2 - Reinsurance Share of Claims Paid (+)

17.16

7.357.848.232

2.924.542.142

1.524.010.702

663.161.118

1.2- Changes in Outstanding Claims Reserve (Net of Reinsurer Share and Reserves Carried Forward)

29

(918.294.475)

(340.096.823)

(635.346.713)

(374.380.528)

(+/-)

1.2.1 - Outstanding Claims Reserve (-)

(4.814.737.758)

1.174.281.698

(1.500.346.810)

(725.476.320)

1.2.2 - Reinsurance Share of Outstanding Claims Reserve (+)

17.16

3.896.443.283

(1.514.378.521)

865.000.097

351.095.792

2- Changes in Bonus and Discount Reserve (Net of Reinsurer Share and Reserves Carried Forward)

20

(2.401)

(637)

2.020

(614)

(+/-)

2.1 - Bonus and Discount Reserve (-)

20

(5.981)

(8.834)

570.741

151.237

2.2 - Reinsurance Share of Bonus and Discount Reserve (+)

17.16 and 20

3.580

8.197

(568.721)

(151.851)

3- Changes in Other Technical Reserves (Net of Reinsurer Share and Reserves Carried Forward) (+/-)

20

108.657.674

(19.515.135)

(24.915.113)

(10.026.360)

4- Operating Expenses (-)

32

(1.464.040.785)

(565.130.015)

(720.867.350)

(274.769.533)

5- Changes in Mathematical Reserves (Net of Reinsurer Share and Reserves Carried Forward) (+/-)

-

-

-

-

5.1- Mathematical Reserves (-)

-

-

-

-

5.2- Reinsurance Share of Mathematical Reserves (+)

-

-

-

-

6.- Other Technical Expenses (-)

47

(368.953.848)

(132.436.579)

(177.380.907)

(83.471.171)

6.1.- Gross Other Technical Expenses (-)

47

(368.953.848)

(132.436.579)

(177.380.907)

(83.471.171)

6.2.- Reinsurance Share of Other Technical Expenses (+)

-

-

-

-

C- Non Life Technical Net Profit (A-B)

1.087.853.388

152.790.754

(419.340.355)

121.761.092

D- Life Technical Income

109.130

40.303

89.917

29.880

1- Earned Premiums (Net of Reinsurer Share)

-

-

-

-

1.1 - Written Premiums (Net of Reinsurer Share)

-

-

-

-

1.1.1 - Gross Written Premiums (+)

-

-

-

-

1.1.2 - Ceded

Premiums to Reinsurers (-)

-

-

-

-

1.2- Change in Unearned Premiums Reserve (Net of Reinsurers Shares and Reserves Carried

Forward) (+/-)

-

-

-

-

1.2.1- Unearned Premium Reserves (-)

-

-

-

-

1.2.2- Unearned Premium Reserves Reinsurer Share (+)

-

-

-

-

1.3- Changes in Unexpired Risks Reserve (Net of Reinsurer Share and Reserves Carried Forward)(+/-

-

)

-

-

-

1.3.1- Unexpired Risks Reserves (-)

-

-

-

-

1.3.2- Unexpired Risks Reserves Reinsurer Share (+)

-

-

-

-

2- Life Branch Investment Income

109.130

40.303

89.917

29.880

3- Unrealized Income from Investments

-

-

-

-

4-Other Technical Income (Net of Reinsurer Share) (+/-)

-

-

-

-

4.1- Gross Other Technical Income (+/-)

-

-

-

-

4.2- Reinsurance Share of Other Technical Income (+/-)

-

-

-

-

5- Accrued Subrogation and Salvage Income (+)

-

-

-

-

E- Life Technical Expense

(672.282)

(223.768)

(88.377)

(30.231)

1- Total Claims (Net of Reinsurer Share)

(148.721)

(49.248)

(104.409)

(31.831)

1.1- Claims Paid (Net of Reinsurer Share)

(148.721)

(49.248)

(107.013)

(31.831)

1.1.1- Gross Claims Paid (-)

(148.721)

(49.248)

(107.013)

(31.831)

1.1.2- Claims Paid Reinsurer Share (+)

-

-

-

-

1.2- Changes in Outstanding Claims Provisions (Net of Reinsurer Share and Reserves Carried

29

Forward) (+/-)

-

-

2.604

-

1.2.1 - Outstanding Claims Reserve (-)

-

-

2.604

-

1.2.2 - Reinsurance Share of Outstanding Claims Reserve (+)

-

-

-

-

2- Changes in Bonus and Discount Reserve (Net of Reinsurer Share and Reserves Carried Forward)

-

-

-

-

(+/-)

2.1 - Bonus and Discount Reserve (-)

-

-

-

-

2.2 - Reinsurance Share of Bonus and Discount Reserve (+)

-

-

-

-

3- Changes in Mathematical Reserves (Net of Reinsurer Share and Reserves Carried Forward) (+/-)

(523.561)

(174.520)

16.032

1.600

3.1- Mathematical Reserves (-)

(523.561)

(174.520)

16.032

1.600

3.1.1- Actuarial Mathematical Reserve (-)

(471.205)

(157.068)

14.429

1.440

3.1.2- Profit Share Reserve (Reserves for Life Insurance Policies Including Investment Risk) (-)

(52.356)

(17.452)

1.603

160

3.2- Reinsurer Share of Mathematical Reserves (+)

-

-

-

-

3.2.1- Reinsurance Share of Actuarial Mathematical Reserve (+)

-

-

-

-

3.2.2- Reinsurance Share of Profit Share Reserve (Reserves for Life Insurance Policies Including

-

-

-

-

Investment Risk) (-)

4- Changes in Other Technical Reserves (Net of Reinsurer Share and Reserves Carried Forward) (+/-)

-

-

-

-

5- Operating Expenses (-)

-

-

-

-

6- Investment Expenses (-)

-

-

-

-

7- Unrealized Losses from Investments (-)

-

-

-

-

8- Investment Income Transferred to Non- Technical Part (-)

-

-

-

-

F- Life Technical Profit (D-E)

(563.152)

(183.465)

1.540

(351)

G- Individual Retirement Technical Income

-

-

-

-

1- Fund Management Fee

-

-

-

-

2- Management Fee Deduction

-

-

-

-

3- Initial Contribution Fee

-

-

-

-

4- Management Fee In Case Of Temporary Suspension

-

-

-

-

5- Witholding tax

-

-

-

-

6- Increase in Market Value of Capital Commitment Advances

-

-

-

-

7-Other Technical Income

-

-

-

-

H- Individual Retirement Technical Expense

-

-

-

-

1- Fund Management Expenses (-)

-

-

-

-

2- Decrease in Market Value of Capital Commitment Advances (-)

-

-

-

-

3- Operating Expenses (-)

-

-

-

-

4- Other Technical Expense (-)

-

-

-

-

I- Individual Retirement Technical Profit (G-H)

-

-

-

-

AKSİGORTA ANONİM ŞİRKETİ

DETAILED CONSOLIDATED INCOME STATEMENT

Unaudited

Unaudited

Unaudited

Unaudited

II- NON TECHNICAL PART

Dipnot

Current Period

Current Period

Previous Period

Previous Period

01/01/2023-30/09/2023

01/07/2023-30/09/2023

01/01/2022-30/09/2022

01/07/2022-30/09/2022

C- Non Life Technical Profit

1.087.853.388

152.790.754

(419.340.355)

121.761.092

F- Life Technical Profit

(563.152)

(183.465)

1.540

(351)

I- Individual Retirement Technical Profit

-

-

-

-

J- Total Technical Profit (C+F+I)

1.087.290.236

152.607.289

(419.338.815)

121.760.741

K- Investment Income

3.978.333.589

1.188.920.459

1.846.917.013

749.853.758

1- Income From Financial Investment

26

573.772.559

159.854.630

350.758.556

120.379.817

2- Income from Sales of Financial Investments

26

217.294.079

54.145.390

250.726.323

193.453.709

3- Revaluation of Financial Investments

26

785.283.966

326.938.889

116.728.344

1.089.133

4- Foreign Exchange Gains

36

2.401.956.456

647.981.550

1.061.762.945

416.429.809

5- Income from Affiliates

-

-

-

-

6- Income from Subsidiaries and Joint Ventures

-

-

-

-

7- Income Received from Land and Building

-

-

-

-

8- Income from Derivatives

13

26.529

-

66.940.845

18.501.290

9- Other Investments

-

-

-

-

10- Investment Income transferred from Life Technical Part

-

-

-

-

L- Investment Expenses (-)

(4.067.249.866)

(1.209.716.056)

(1.920.080.599)

(780.312.641)

1- Investment Management Expenses (including interest) (-)

(41.005.158)

(3.940.789)

(29.704.150)

(14.463.159)

2- Valuation Allowance of Investments (-)

26

(43.155.581)

(23.297.836)

(8.636.151)

(3.211.152)

3- Losses On Sales of Investments (-)

26

(10.412.524)

(3.146.606)

(24.303.510)

(12.537.682)

4- Investment Income Transferred to Life Technical Part (-)

(2.174.148.081)

(564.972.067)

(1.154.226.628)

(529.484.235)

5- Losses from Derivatives (-)

(8.891.020)

-

-

-

6- Foreign Exchange Losses (-)

36

(1.718.605.368)

(588.543.995)

(659.750.724)

(204.620.689)

7- Depreciation Expenses (-)

6,7 and 8

(71.032.134)

(25.814.763)

(43.459.436)

(15.995.724)

8- Other Investment Expenses (-)

-

-

-

-

M- Other Income and Expenses (+/-)

47

(249.915.729)

26.436.735

97.603.368

(40.301.490)

1- Provisions Account (+/-)

47

(64.784.987)

(22.175.619)

(15.550.540)

(3.713.938)

2- Discount account (+/-)

-

-

-

-

3- Mandatory Earthquake Insurance Account (+/-)

47

13.449.619

(2.060.530)

5.874.268

(239.361)

4- Inflation Adjustment Account (+/-)

-

-

-

-

5- Deferred Tax Asset Accounts(+/-)

35 and 47

52.033.967

121.165.237

159.787.645

13.661.981

6- Deferred Tax Expense Accounts (-)

35 and 47

-

-

-

-

7- Other Income and Revenues

47

4.025.342

1.544.981

9.172.811

147.982

8- Other Expense and Losses (-)

47

(254.639.670)

(72.037.334)

(61.680.816)

(50.158.154)

9- Prior Period Income

-

-

-

-

10- Prior Period Losses (-)

-

-

-

-

N- Net Profit / (Loss)

37

713.915.957

131.692.006

(394.899.033)

51.000.368

1- Profit /(Loss) Before Tax

748.458.230

158.248.427

(394.899.033)

51.000.368

2- Corporate Tax Liability Provision (-)

35

(34.542.273)

(26.556.421)

-

-

3- Net Profit (Loss)

713.915.957

131.692.006

(394.899.033)

51.000.368

4- Inflation Adjustment Account

-

-

-

-

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Aksigorta AS published this content on 01 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 November 2023 07:17:12 UTC.