Investor Presentation

2018 Profit Before Tax Bridge 2018 PBT was lower mainly due to Crude Oil Differential and Crack Margin impacts. With the help of FX based pricing, FX losses incurred from payables were recovered with Inventory Gains. Million TL 4,474 2017 2,129 311 660 293 1,779 164 3,724 Inventory Gain Crack Margin Crude Oil Differential Production FX Other 2018 Investor Presentation KEY FINANCIALS www.tupras.com.tr 38

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