TÜRKÇE

Financial statements and annual report of group of companies

a) Accounting standards to be applied

Turkish Accounting Standards are applied in the determination of companies which are obliged to prepare consolidated financial statements and companies which fall into the scope of consolidation. Consolidated financial statements are prepared in accordance with a true and fair view.

b) Annual report of the board of directors

The annual report of the group is prepared by the board of directors of the parent company in accordance with the principles as set out above for the joint stock company.


 
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