Participation finance ratios you can check

Bank loans and other short-term borrowings (TRY 2,177,902,862 in total) were missing from the debt numerator: the upper bound of the ratio is 41.85%, not 7.18%. In the same release, the lease liabilities on the balance sheet (TRY 27,837,697) were deducted as debts that do not count under TKBB Guideline 6.2 (rules version 3). The upper bound is above the threshold (33%) and the band limit (36.3%); the record's result changed from “All three ratios within the threshold” to “Depends on the company's declaration”.

Bank loans and lease certificates (sukuk) (TRY 2,528,199,994 in total) were missing from the debt numerator. Under note 6, TRY 918,836,900 of this is the company's own lease certificates (sukuk) with accrued profit share, which TKBB Guideline 6.2 takes out of the debt numerator. In the same release, the lease liabilities on the balance sheet (TRY 170,139,344) were also deducted under TKBB Guideline 6.2 (rules version 3). The upper bound of the ratio is 22.49%, not 2.43%. Below the threshold (33%); the result does not change.

Short-term bank loans (TRY 121,833,480) were missing from the debt numerator. In the same release, the lease liabilities on the balance sheet (TRY 127,759,253) were deducted as debts that do not count under TKBB Guideline 6.2 (rules version 3). The upper bound of the ratio is 9.84%, not 10.16%. Below the threshold (33%); the result does not change.