Question
Use the following information to answer questions 5-12. XYZ Natural Gas is the private natural gas distribution company serving the widest geographic area in Turkey
Use the following information to answer questions 5-12.
XYZ Natural Gas is the private natural gas distribution company serving the widest geographic area in Turkey with 21 distribution licenses, distributing 8.9 billion m3 natural gas over a network length of 24,421 km, with a market share of 20.5%. XYZ Natural Gas, operates in 27 cities, 167 districts and villages. There is the monopoly status of BOTA in the supply of natural gas and dependence on imported gas. Using the information given below, which of the following is not true for bank loans in December 2017?
Maturity | Currency | Amount | TL Amount |
0-12 months | USD | 144,022,552 | 541,282,499 |
| EUR | 13,213,331 | 59,664,798 |
| TL | 680,198,948 | 680,198,948 |
1-2 year | USD | 45,376,992 | 171,157,476 |
| EUR | 10,361,626 | 46,787,921 |
| TL | 258,454,686 | 258,454,686 |
2-3 year | USD | 33,667,403 | 126,990,076 |
| EUR | 2,999,060 | 13,542,255 |
| TL | 119,621,836 | 119,621,836 |
3-4 year | USD | 25,701,580 | 96,943,790 |
| EUR | 1,589,367 | 7,176,785 |
| TL | 33,505,833 | 33,505,833 |
4-5 year | USD | 22,818,684 | 86,069,793 |
| TL | 17,729,119 | 17,729,119 |
5 year and more | USD | 47,893,012 | 180,647,652 |
Total |
|
| 2,439,773,467
|
- A.
The amount of loans in US dollars is greater than the amount of loans in Euros.
- B.
The amount of loans in Turkish Liras is greater than the amount of loans in Euros
- C.
The company has short-term credit risk because short-term term banks loans are greater than long-term bank loans.
- D.
The company does not have short-term credit risk because long-term term banks loans are greater than short-term bank loans.
- E. None of the above
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