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Income Statements: Vestel Elektronik Sanayi ve Ticaret AS (VESTL.IS)

VESTL.IS on Istanbul Stock Exchange

16 Jun 2019
Change (% chg)

0.92TL (+9.06%)
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Interim Income Statement
View: AnnualInterim

In Millions ofTurkish Lira
(except for per share items)
Period Length
3 Months
Revenue 3,562.5
Other Revenue, Total --
Total Revenue 3,562.5
Cost of Revenue, Total 2,752.9
Gross Profit 809.6
Selling/General/Admin. Expenses, Total 498.8
Research & Development 23.3
Depreciation/Amortization 52.8
Interest Expense, Net - Operating --
Interest/Investment Income - Operating 203.8
Interest Expense(Income) - Net Operating --
Unusual Expense (Income) --
Other Operating Expenses, Total 73.8
Total Operating Expense 3,605.4
Operating Income (42.9)
Interest Expense, Net Non-Operating (266.2)
Interest/Invest Income - Non-Operating 50.2
Interest Income(Exp), Net Non-Operating --
Gain (Loss) on Sale of Assets --
Other, Net (0.2)
Net Income Before Taxes (259.0)
Provision for Income Taxes 11.2
Net Income After Taxes (270.3)
Minority Interest (4.1)
Equity In Affiliates --
U.S. GAAP Adjustment --
Net Income Before Extra. Items (274.4)
Accounting Change --
Discontinued Operations --
Extraordinary Item --
Tax on Extraordinary Items --
Net Income (274.4)
Preferred Dividends --
General Partners' Distributions --
Miscellaneous Earnings Adjustment --
Pro Forma Adjustment --
Interest Adjustment - Primary EPS --
Income Available to Com Excl ExtraOrd (274.4)
Income Available to Com Incl ExtraOrd (274.4)
Basic Weighted Average Shares 335.46
Basic EPS Excluding Extraordinary Items (0.818)
Basic EPS Including Extraordinary Items (0.818)
Dilution Adjustment --
Diluted Weighted Average Shares 335.46
Diluted EPS Excluding ExtraOrd Items (0.818)
Diluted EPS Including ExtraOrd Items (0.818)
DPS - Common Stock Primary Issue 0.000
Gross Dividends - Common Stock --
Total Special Items --
Normalized Income Before Taxes (259.0)
Effect of Special Items on Income Taxes --
Inc Tax Ex Impact of Sp Items 11.2
Normalized Income After Taxes (270.3)
Normalized Inc. Avail to Com. (274.4)
Basic Normalized EPS (0.818)
Diluted Normalized EPS (0.818)

UPDATE 1-Turkey eases credit card payment rules to support consumption

ISTANBUL, June 13 Turkey's banking watchdog has eased payment regulations for credit cards, raising the maximum number of instalments and cutting repayment levels as it looks to support domestic consumption in a struggling economy.