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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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