Investor Presentaiton
Balance Sheet Analysis
Net Debt/Cash
Cash Currency
bn TL
In Billion TL
-In Billion $
bn $
bn TL Breakdown
Redemption Schedule
TL
Hard Currency
50
46.4
12.0
9.4
8.4
bn TL
40
40
23.6
25
-0.9
-0.5
-0.4
30
30
20
1.3
0.9
1.4
20
20
15
10.2
10
-8.6
-10.1
10
5
2.1
0.5
Dec-19
Dec-20
Dec-21*
-16.5
Dec-22*
0
0
Mar-23
Jun-23
Hard Currency
TL
1 year
1-2 years
2-3 years
Over 3
years
Working Capital Requirement (Billion TL)
4.8
11.9
11.0
-3.6
-4.7
-6.3
Dec-19
Dec-20
Dec-21*
Dec-22*
Mar-23
Jun-23
Financial Management
Working Capital Requirement remained almost flat with
volatility in Brent prices, USD/TL and trend in sales
volume
• Net cash position continued with strong operating
cashflow generation.
L
Sep-23
Financials
Investor Presentation
* These figures are restated to include Entek's financials.
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