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| Additional News in English | Još vesti na Srpskom | Επιπλέον ειδήσεις στα Ελληνικά | ![]() |
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TAV announced TRY 211mn net profit in its 2012 tax financials, lower than our TRY 264mn estimate for IFRS financials in the same period. However, due to (i) consolidation, (ii) different approaches regarding the valuation of fixed assets and (iii) the functional and reporting currency, the company's tax financials are definitely not indicative of its IFRS results.
Source: bne
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