Financial Position A&T Finansal Kiralama A.Ş. Annual Report 2024 88 89 (Amounts expressed Turkish lira (“TL”) unless otherwise indicated.) (Amounts expressed Turkish lira (“TL”) unless otherwise indicated.) A&T FİNANSAL KİRALAMA A.Ş. A&T FİNANSAL KİRALAMA A.Ş. NOTES TO THE FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2024 A&T FİNANSAL KİRAL MA A. Ş. NOTES TO THE FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2024 (Amounts expressed Turkish lira (“TL”) unless otherwise indicated.) 29 8 - OTHER ASSETS 31 December 2024 31 December 2023 Leased construction in progress 22,367,796 3,000 Other receivables related to financial lease 12,290,290 10,427,114 Advances given for leasing operations 8,055,370 10,905,662 Expenses related to the next periods 4,456,246 5,814,083 Salary advances 875,657 505,596 Deposits and guarantees given 17,894 15,956 Other 815,019 664,325 Total 48,878,271 28,335,736 9 - FUNDS BORROWED 31 December 2024 Book value Balance in original Interest rates range Up to 3 months Between 3 months and 1 years Over 1 year Balance in TL Domestic banks Fixed rate borrowings: TL -- 44,95% -- -- 33,505,146 33,505,146 USD -- %7.75 -- 4,417,523 4,585,868 9,003,391 EUR %6.25-%9.90 52,115,691 2,569,586 54,685,277 Total -- -- 56,533,215 40,660,600 97,193,815 Total domestic banks borrowings -- -- -- 56,533,215 40,660,600 97,193,815 Foreign banks Fixed rate borrowings: -- -- -- -- -- -- - USD -- -- -- -- -- -- - EUR -- -- -- -- -- -- Total -- -- -- -- -- -- Foreign banks Floating rate borrowings - USD -- -- -- -- -- -- - EUR -- %4.68-%7.57 19,308,728 545,605,738 731,929,674 1,296,844,139 Total -- 19,308,728 545,605,738 731,929,674 1,296,844,139 Total foreign banks borrowings -- -- 19,308,728 545,605,738 731,929,674 1,296,844,139 Total borrowings -- -- 19,308,728 602,138,952 772,590,274 1,394,037,954 A&T FİNANSAL KİRAL MA A. Ş. NOTES TO THE FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2024 (Amounts expressed Turkish lira (“TL”) unless otherwise indicated.) 30 9 - FUNDS BORROWED (Continued) 31 December 2023 Book value Balance in original Interest rates range Up to 3 months Between 3 months and 1 years Over 1 year Balance in TL Domestic banks Fixed rate borrowings: TL 25,371,827 %30,00 - %49,75 - 25,371,827 - 25.371.827 EUR 1,201,337 %9,00 - %10,33 - 39,132,231 - 39.132.231 Total - 64,504,058 - 64.504.058 Total domestic banks borrowings -- 64,504,058 - 64,504,058 Foreign banks Fixed rate borrowings: - USD 1,210,200 6,00% 35,626,110 - - 35.626.110 - EUR 3,023,375 5,50% 98,483,114 - - 98.483.114 Total 134,109,224 134,109,224 Foreign banks Floating rate borrowings : - USD -- -- -- -- -- -- - EUR 31,259,444 %3,17 - %5,89 45,890,983 141,262,657 831,088,368 1.018.242.008 Total 45,890,983 141,262,657 831,088,368 1.018.242.008 Total foreign banks borrowings 180,000,207 141,262,657 831,088,368 1,152,351,232 Total borrowings 180,000,207 205,766,715 831,088,368 1,216,855,290 As at 31 December 2024, no guarantees were given to lending institutions as collateral against loans obtained (31 December 2023: no guarantees were given to lending institutions as collateral against loans obtained). 10 - OTHER LIABILITIES Based on financial lease agreements, other liabilities are mainly consists of commercial debts that emerged from fixed asset purchases made from foreign and domestic vendors. 31 December 2024 31 December 2023 Payables to suppliers 14,597,646 27,483,279 Advances received 10,010,960 2,018,886 Other payables 13,236,757 13,463,825 Total 37,845,363 42,965,990 As at 31 December 2024 and 31 December 2023, other liabilities maturity period is less than 1 year. 11 - COMMITMENTS AND POSSIBLE OBLIGATIONS Derivatives As of 31 December 2024, the Company has open derivative products amounting to TL 55,575 in its portfolio (31 December 2023: None).
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