Investor Presentaiton
Financial Highlights
7,021
EBITDA (mn TL)
4,645
1,887
Q1
Q2 Q3
Net Income (mn TL)
10
Q4
IQ1 IQ2
Q3 Q4
3,812
3,713
493
1,927
6,421
992
1,766
988
526
2,739
1,457
542
186
-2,494
1,027
1,700
869
870
378
376
-375
-760
-155
-2,265
1,237
3,778
3,301
1,528
738
956
545
1,542
2,512
2,210
1,495
383
1,575
977
1,033
851
1,170
477
-1,291
2017
2018
2019
2020
-185
-420
2017
2018
2019
2020
2021
2021
Current Ratio & Net Debt / Adj. EBITDA²
Current Ratio
Net Debt/Adjusted
R. EBITDA
----Net Debt /R.EBITDA
17.1
1.2
1.9
2.1
2.2
2.4
1942
2.2
1.4
1.1
0.9
1.2 1.3 1.3
1.0
1.1
1.0
1.0
1.0
2017
2018
2019
2020
Q1 2021
Q2 2021
Q3 2021
Feb-22
Financials
Investor Presentation
Return on Average Equity²
41%
37%
2017
37%
1%
5%
2018
2019
2020
2021
(1)
Excluding minority interest
www.tupras.com.tr (2)
Adjustments to 2020 and 9M'2021 EBITDA are based on historically low crack adjustments in
2H'20 and 1H'21.View entire presentation