Income Statement (profit and Joss) (Year ending 31 Dec 2010 2011 2012 Sales Revenues 47.272 60,197 56.006 Cost of Goods Soid IL 135.926) (40.525) 43.497) 11:35 19.672 12.509 Gross Profit IL OPEX TL 12.2001 12.724) 12.987) EBITDA IL Depreciation and Amortization TL 12.500 26001 2.500) EBIT TL 2.500 2.600 2.6001 Not interest income/loss 16.200) 13.800) 16326) IL IL Other income / floss) 1.070 2.120 415 Profit before tox IL 18.285) 15.3301 7206) Tax TL 184) 11.9721213) Net profit TL 20 22 Gross Profit Margin EBITDA Margin Net Profit Morgin AHM 0 OS 0.05 QUO 0.0 NWC & CAPEX 0 16.461 AR Inventory A/P TL TL 20.878 20.658 5.203 54459 3.944 TL 4.840 9.734 10.088 NWC TL Change in NWC IL points spoints points A EBITDA B-Net Profit C EBITDA and Net profit Margins D-NWC E Change in NWC for 2011 12 Ww 2011 net profit is relatively high points points 10points Income Statement (profit and Joss) (Year ending 31 Dec 2010 2011 2012 Sales Revenues 47.272 60,197 56.006 Cost of Goods Soid IL 135.926) (40.525) 43.497) 11:35 19.672 12.509 Gross Profit IL OPEX TL 12.2001 12.724) 12.987) EBITDA IL Depreciation and Amortization TL 12.500 26001 2.500) EBIT TL 2.500 2.600 2.6001 Not interest income/loss 16.200) 13.800) 16326) IL IL Other income / floss) 1.070 2.120 415 Profit before tox IL 18.285) 15.3301 7206) Tax TL 184) 11.9721213) Net profit TL 20 22 Gross Profit Margin EBITDA Margin Net Profit Morgin AHM 0 OS 0.05 QUO 0.0 NWC & CAPEX 0 16.461 AR Inventory A/P TL TL 20.878 20.658 5.203 54459 3.944 TL 4.840 9.734 10.088 NWC TL Change in NWC IL points spoints points A EBITDA B-Net Profit C EBITDA and Net profit Margins D-NWC E Change in NWC for 2011 12 Ww 2011 net profit is relatively high points points 10points