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LIABILITIES AND EQUITY
Notes
31 December 2014
31 December 2013
Current liabilities
Trade payables
13
699,031,742
637,144,170
Short-term borrowings
14
594,792,928
543,766,379
Current portion of long-term borrowings
15
196,305,723
126,371,732
Income tax payable
17
9,424,480
11,660,912
Other payables and expense accruals
16
150,550,703
143,862,209
Total current liabilities
1,650,105,576
1,462,805,402
Non-current liabilities
Trade payables
13
53,943,534
68,210,651
Long-term borrowings
15
818,280,462
731,776,364
Employee benefits obligation
18
24,141,357
25,048,231
Deferred tax liabilities
17
113,808,244
91,717,120
Other payables, provisions and expense accruals
16
1,435,992
2,222,632
Total non-current liabilities
1,011,609,589
918,974,998
Total liabilities
2,661,715,165
2,381,780,400
Equity
Paid-in share capital
19
46,044,080
46,044,080
Currency translation reserve
(12,703,969)
7,837,158
Revaluation reserve, net
11
243,057,014
144,399,338
Cash flow hedge reserve
(128,547)
(484,799)
Actuarial gain / (loss) from
employee benefits
18
(1,515,389)
(1,602,320)
Legal reserves and retained earnings
336,820,710
303,211,614
Equity attributable to equity
holders of the parent
611,573,899
499,405,071
Non-controlling interests
606,792,991
509,285,558
Total equity
1,218,366,890
1,008,690,629
Total liabilities and equity
3,880,082,055
3,390,471,029
BORUSAN HOLDING A.Ş. AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF 31 DECEMBER 2014
(Currency - US Dollars (“USD”) unless otherwise indicated)
The accompanying policies and explanatory notes on pages 88 through 152 form an integral part of the consolidated financial statements.
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