Rönesans Gayrimenkul Yatirim A.Ş. and Its Subsidiaries
RÖNESANS GAYRİMENKUL YATIRIM A.Ş. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE SIX MONTH INTERIM PERIOD ENDED 30 JUNE 2020 TOGETHER WITH INDEPENDENT AUDITOR’S REVIEW REPORT RÖNESANS GAYRİMENKUL YATIRIM A.Ş. AND ITS SUBSIDIARIES INDEX PAGE CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION ............................. 1-2 CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS ....................................... 3 CONDENSED CONSOLIDATED STATEMENT OF OTHER COMPHERENSIVE INCOME ... 3 CONDENSED CONSOLIDATED STATEMENTS OF CHANGE IN EQUITY .............................. 4 CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS ............................................. 5-6 NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS ....................... 7-56 RÖNESANS GAYRİMENKUL YATIRIM A.Ş. AND ITS SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 30 JUNE 2020 (Amounts expressed in thousands of Turkish Lira (“TRY”) unless otherwise indicated.) (Reviewed) (Audited) 30 June 31 December ASSETS Notes 2020 2019 Current Assets 1,059,367 761,784 Cash and cash equivalents 26 761,800 332,087 Financial investments 23 2,643 - Trade receivables 121,535 99,469 - Trade receivables from related parties 5-6 13,507 10,233 - Trade receivables from third parties 6 108,028 89,236 Other receivables 680 149 - Other receivables from related parties 5-7 78 8 -Other receivables from third parties 7 602 141 Derivative instruments 21 50,937 189,290 Inventories 8 15,479 17,919 Prepaid expenses 9 17,418 17,978 Current tax
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