Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

BERA HOLDİNG A.Ş. Interim / Quarterly Report 2021

Aug 19, 2021

8759_rns_2021-08-19_49718f38-79fd-403b-bdec-9b036a12e727.pdf

Interim / Quarterly Report

Open in viewer

Opens in your device viewer

BERA HOLDİNG A.Ş. CONSOLIDATED BALANCE SHEETS AT 30.06.2021 AND 31.12.2020

(Amounts expressed in TL unless otherwise stated)

ASSETS
Current Assets
Cash and cash equivalent
Trade receivables
- Other trade receivables from third parties
Other receivables
- Other receivables from related parties
- Other receivables from third parties
Inventories
Prepaid expenses
Prepaid taxes
Other current assets
SUB TOTAL
Assets and disposal groups classified as held for sale
TOTAL CURRENT ASSETS
Non - current assets
Financial investments
Trade receivables
- Other trade receivables from third parties
Other receivables
- Other receivables from third parties
Biological assets
Investment properties
Tangible assets
Right of usage of assets
Intangible assets
- Other intangible assets
Prepaid expenses
Deferred tax assets
Other non-current assets
TOTAL NON - CURRENT ASSETS
TOTAL ASSETS
Notes
53
7
6
9
10
12
40
29
39
47
7
9
11
13
14
15
17
12
40
29
Reviewed
Audited
30.06.2021
31.12.2020
350.194.313
362.039.933
944.068.778
711.080.909
617.724
520.885
102.611.789
210.021.284
808.145.518
755.097.786
113.892.835
89.681.336
5.222.829
213.148
54.192.883
51.574.762
2.378.946.669
2.180.230.043
11.512.663
11.512.663
2.390.459.332
2.191.742.706
97.886.958
91.499.463
45.811.519
39.765.295
20.867
20.867
10.050.817
16.607.759
519.026.751
519.822.588
1.577.299.406
1.547.711.844
1.037.590
1.174.718
22.784.726
16.962.787
8.606.918
8.452.388
60.755.816
55.237.783
9.174.838
2.077.284
2.352.456.206
2.299.332.776
4.742.915.538
4.491.075.482

BERA HOLDİNG A.Ş.

CONSOLIDATED BALANCE SHEETS AT 30.06.2021 AND 31.12.2020

(Amounts expressed in TL unless otherwise stated)

LIABILITIES
CURRENT LIABILITIES
Current financial liabilities
Current portion of non-current financial liabilities
Other financial liabilities
Trade payables
- Other trade payables to third parties
Payables to personnel
Other payables
- Other payables to third parties
Deferred income
Income tax payable
Provisions
- Other current provisions
Other current liabilities
TOTAL CURRENT LIABILITIES
NON - CURRENT LIABILITIES
Non-current financial liabilities
Other financial liabilities
Other payables
- Other payables to third parties
Deferred income
Provisions
- Provision for employment termination benefits
- Other long-term provisions
Deferred tax liabilities
Other non-current liabilities
TOTAL NON - CURRENT LIABILITIES
EQUITY
Shareholder's equity- Group's share
Share capital
Inflation restatement differences
Capital adjustments due to cross-ownership (-)
Other comprehensive income items not to be reclassified to
profit or loss
- Revaluation fund
- Actuarial gains/(losses)
Other comprehensive income items not to be reclassified to
profit or loss
- Translation gains/(losses)
Previous years profits/losses
Net profit/(loss) for the year
TOTAL EQUITY- GROUP'S SHARE
Minoritry interest
TOTAL EQUITY
TOTAL LIABILITIES
Notes
47
47
47
7
27
9
12
40
25
29
47
47
9
12
27
25
40
29
30
30
30
30
30
30
30
41
30
Reviewed
30.06.2021
264.770.231
310.478.871
119.086
287.021.006
37.118.062
5.190.041
324.780
31.306.139
6.721.493
311.026.452
1.254.076.161
279.399.703
1.111.047
1.404.399
--
73.325.537
--
221.476.914
62.777.709
639.495.309
341.600.000
410.924.305
(35.115.792)
962.949.682
(22.870.635)
735.931
716.205.692
137.205.215
2.511.634.398
337.709.670
2.849.344.068
4.742.915.538
Audited
31.12.2020
296.808.684
354.864.186
264.711
163.335.744
29.358.999
929.039
352.834
12.239.611
7.430.273
198.636.723
1.064.220.804
431.864.306
1.234.958
1.023.585
2.991.894
65.456.521
871.207
211.986.171
80.374.613
795.803.255
341.600.000
410.924.305
(37.641.396)
939.879.330
(22.685.823)
(5.347.160)
343.070.763
352.292.988
2.322.093.007
308.958.416
2.631.051.423
4.491.075.482

BERA HOLDİNG A.Ş.

CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND COMPREHENSIVE INCOME FOR THE PERIODS OF 01.01.-30.06.2021, 01.04.-30.06.2021, 01.01.-30.06.2020 AND 01.04.-30.06.2020 (Amounts expressed in TL unless otherwise stated)

Notes
Sales
31
Cost of sales (-)
31
GROSS PROFIT/LOSS
General administrative expenses (-)
33
Marketing, selling and distribution expenses (-)
33
Research and development expenses
33
Other operating income
34
Other operating expenses (-)
34
OPERATING PROFIT/LOSS
Investment activities income
35
Investment activities expenses (-)
35
OPERATING PROFIT /LOSS BEFORE FINANCING EXPENSES
Finance expense (-)
37
Finance income
37
PROFIT/LOSS BEFORE TAX FROM CONTINUING OPERATIONS
Tax income/(expenses) from continuing operations
- Income tax provision
40
- Deferred tax (expenses)/income
40
PROFIT/LOSS FOR THE PERIOD
Appropriation of net profit/(loss)
Minority interest share
30
Group's share
41
Earnings per share
Earnings per share from continuing operations
41
Diluted earnings per share
Diluted earnings per share from continuing operations
41
OTHER COMPREHENSIVE INCOME:
Items not to be reclassified to profit or loss
Other comprehensive income items not to be reclassified to profit
or loss
38
Tax effects of other comprehensive income items not to be
reclassified to profit or loss
- Deferred tax (expenses)/income
38
OTHER COMPREHENSIVE, NET OF TAX
TOTAL COMPREHENSIVE INCOME
Appropriation of total comprehensive income
Minority interest share
Group's share
Reviewed
01.01.-30.06.2021
1.753.984.536
(1.401.848.041)
352.136.495
(94.453.409)
(77.602.236)
(7.632.303)
62.356.023
(26.432.891)
208.371.679
55.091.417
(9.486.153)
253.976.943
(137.053.778)
120.796.494
237.719.659
(50.869.210)
(52.079.016)
1.209.806
186.850.449
49.645.234
137.205.215
0,402
0,402
(231.015)
46.203
(184.812)
186.665.637
49.656.809
137.008.828
Reviewed
01.04.-30.06.2021
912.495.952
(715.956.713)
196.539.239
(46.554.455)
(41.479.082)
(4.074.409)
25.696.920
(8.434.526)
121.693.687
50.945.027
(8.889.593)
163.749.121
(83.004.548)
58.371.556
139.116.129
(25.926.025)
(27.855.081)
1.929.056
113.190.104
21.407.908
91.782.196
0,269
0,269
(1.201.358)
240.272
(961.086)
112.229.018
21.409.465
90.819.553
Reviewed
01.01.-30.06.2020
1.405.305.002
(993.985.778)
411.319.224
(74.339.456)
(58.171.535)
(3.389.797)
30.557.958
(28.904.720)
277.071.674
16.463.814
(5.285.978)
288.249.510
(191.494.161)
94.787.498
191.542.847
(43.826.912)
(44.962.200)
1.135.288
147.715.935
27.492.211
120.223.724
0,352
0,352
(1.160.531)
255.317
(905.214)
146.810.721
27.415.072
119.395.649
Reviewed
01.04.-30.06.2020
771.890.900
(511.930.574)
259.960.326
(32.954.622)
(27.627.876)
(1.544.535)
7.375.019
(19.862.099)
185.346.213
13.800.546
(2.389.333)
196.757.426
(97.699.656)
53.637.563
152.695.333
(28.204.558)
(28.446.625)
242.067
124.490.775
11.860.290
112.630.485
0,330
0,330
113.863
(25.050)
88.813
124.579.588
11.862.928
112.716.660

BERA HOLDİNG A.Ş.

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY FOR THE PERIODS OF 30.06.2021 AND 30.06.2020

(Amounts expressed in TL unless otherwise stated)

Other comprehensive income items
not to be reclassified to profit or
loss in subsequentperiods
Other comprehensive income items
not to be reclassified to profit or
loss in subsequentperiods
~~Other~~
comprehensive
income items to be
reclassified to
profit or loss in
subsequent periods
Retained Earnings Retained Earnings
Notes Paid in Capital Capital
Adjustment
Differences
Mutual Affiliate
Capital
Adjustment
~~Maddi Duran~~
Varlık Yeniden
Değerleme
Artışları /
Azalışları
Other Profit /
(Loss)

Foreign Currency
Translation
Differences


Previous Year
Profit/(Loss)
Net Profit(Loss)
for the period
Equity
attributable to
parent
Equity
Attributable to
minority
Total Equity
01.01.2020 341.600.000 410.924.305 (95.735.141) 784.615.873 (17.775.269) (2.297.647) 190.478.278 26.890.526 1.638.700.925 248.049.198 1.886.750.123
Transactions with MinorityInterest 30 -- -- -- -- (77.139) -- 25.988.784 -- 25.911.645 3.640.698 29.552.343
Transfers 30 -- -- -- -- -- -- 26.890.526 (26.890.526) -- -- --
Total Comprehensive Income/(Expense) -- -- -- -- (828.075) -- -- 120.223.724 119.395.649 27.415.072 146.810.721
Profit /(Loss) for the Period 41 -- -- -- -- -- -- -- 120.223.724 120.223.724 27.492.211 147.715.935
Other Comprehensive Income /(Expense) -- -- -- -- (828.075) -- -- -- (828.075) (77.139) (905.214)
- Change in Actuarial Gains/(Losses) 27 -- -- -- -- (828.075) -- -- -- (828.075) (77.139) (905.214)
Increase(Decrease)Related to Other Changes -- -- (363.534) 17.302.726 -- 582.673 13.087.002 -- 30.608.867 -- 30.608.867
- Mutual Affiliate Capital Adjustment 30 -- -- (363.534) -- -- -- 9.664.895 -- 9.301.361 -- 9.301.361
- Change in Foreign Currency Translation Differences 30 -- -- -- 17.302.726 -- 582.673 8.607.811 -- 26.493.210 -- 26.493.210
- The Effect of the Subsidiary Sold 47 -- -- -- -- -- -- (5.185.704) -- (5.185.704) -- (5.185.704)
30.06.2020 341.600.000 410.924.305 (96.098.675) 801.918.599 (18.680.483) (1.714.974) 256.444.590 120.223.724 1.814.617.086 279.104.968 2.093.722.054
01.01.2021 341.600.000 410.924.305 (37.641.396) 939.879.330 (22.685.823) (5.347.160) 343.070.763 352.292.988 2.322.093.007 308.958.416 2.631.051.423
Transactions with MinorityInterest 30 -- -- -- -- 11.575 -- 21.734.930 -- 21.746.505 (20.905.555) 840.950
Transfers 30 -- -- -- -- -- -- 352.292.988 (352.292.988) -- -- --
Total Comprehensive Income/(Expense) -- -- -- -- (196.387) -- -- 137.205.215 137.008.828 49.656.809 186.665.637
Profit /(Loss) for the Period 41 -- -- -- -- -- -- -- 137.205.215 137.205.215 49.645.234 186.850.449
Other Comprehensive Income /(Expense) -- -- -- -- (196.387) -- -- -- (196.387) 11.575 (184.812)
- Change in Actuarial Gains/(Losses) 27 -- -- -- -- (196.387) -- -- -- (196.387) 11.575 (184.812)
Dividend Paid 30 -- -- -- -- -- -- (27.929.760) -- (27.929.760) -- (27.929.760)
Increase(Decrease)Related to Other Changes -- -- 2.525.604 23.070.352 -- 6.083.091 27.036.771 -- 58.715.818 -- 58.715.818
- Mutual Affiliate Capital Adjustment 30 -- -- 2.525.604 -- -- -- 29.020.626 -- 31.546.230 -- 31.546.230
- Capital Adjustment Differences 30 -- -- -- 23.070.352 -- 6.083.091 (1.983.855) -- 27.169.588 -- 27.169.588
30.06.2021 341.600.000 410.924.305 (35.115.792) 962.949.682 (22.870.635) 735.931 716.205.692 137.205.215 2.511.634.398 337.709.670 2.849.344.068

BERA HOLDİNG A.Ş.

CONSOLIDATED STATEMENTS OF CASH FLOW FOR THE PERIODS ENDED 30.06.2021 AND 30.06.2020

(Amounts expressed in TL unless otherwise stated)

Reviewed Reviewed
Notes 01.01.-30.06.2021 01.01.-30.06.2020
A. CASH FLOWS FROM BUSINESS OPERATIONS 250.730.090 17.022.831
Profit/Loss for the Period 237.719.659 191.542.847
Adjustments Related to Net Period Profit Reconciliation 66.320.624 52.202.566
Adjustments for Depreciation and Amortization Expense 14, 17 50.723.829 43.495.087
Adjustments (Reverse) for Impairments 5.376.141 5.157.074
- Adjustments (Reverse) for Impairment of Receivables 7 4.128.271 4.779.752
- Adjustments to Inventory Impairment/(Reverse) 10 1.247.870 377.322
Adjustments for Provisions 10.220.654 3.550.405
- Adjustments for Severance Indemnities 27 11.800.641 3.985.863
- Adjustments (Reverse) for Other Provisions 25 (1.579.987) (435.458)
Changes in Working Capital (90.268.049) (265.281.051)
Increase/decrease in Trade Receivables (243.162.364) (160.896.091)
Decrease / (Increase) in Trade Receivables from Third Parties 7 (243.162.364) (160.896.091)
Adjustments for Decrease / (Increase) in Other Receivables Related to Operations 107.312.656 (8.714.890)
Decrease / (Increase) in Other Receivables Related to Operations from Related Parties 6 (96.839) (64.006)
Decrease / (Increase) in Other Receivables Related to Operations from Third Parties 9 107.409.495 (8.650.884)
Adjustments for Decrease / (Increase) in Inventories 10 (54.295.602) 58.219.217
Decrease / (Increase in Biological Assets 11 6.556.942 (275.750)
Decrease / (Increase) in Prepaid Expenses 12 (24.366.029) (4.714.689)
Adjustments for Increase / (Decrease) in Trade Payables 123.685.262 (101.633.257)
Increase / (Decrease) in Trade Payables to Third Parties 7 123.685.262 (101.633.257)
Increase / (Decrease) in Employment Termination Benefits 27 3.827.438 13.631.712
Adjustments for Increase / (Decrease) in Other Payables Related to Operations 4.641.816 1.024.887
Increase / (Decrease) of Other Payables Related to Operation from Related Parties 6 -- 294.143
Increase/ (Decrease) in Other Payables Related to Operation from Third Parties 9 4.641.816 730.744
Increase/ (Decrease) in Deferred Incomes 12 (3.019.948) (36.498)
Adjustments for Other Increases/ (Decreases) Related to Working Capital (11.448.220) (61.885.692)
Increase / Decrease in Other Liabilities Related to Operations 29 (9.715.675) 5.130.981
Increase / Decrease in Other Liabilities Related to Operations 29 (1.732.545) (67.016.673)
Cash Flows From Operations 213.772.234 (21.535.638)
Tax Refunds / (Payments) 40 36.957.856 38.558.469
B. CASH FLOWS FROM INVESTING ACTIVITIES (41.266.326) (4.278.536)
Cash Inflows/ Outflows for the Acquisition of Shares or Debt Instruments of Other
Businesses or Funds
47 (6.387.495) (1.507.086)
Cash Inflows / Outflows arising from the Purchase and Sale of Tangible and Intangible
Assets
14, 17 (34.878.831) (2.771.450)
C. CASH FLOWS FROM FINANCING ACTIVITIES (254.562.063) 79.186.986
Cash Inflows / Outflows resulting from the Sale of The Business's Shares and Other Equity-
Based Instruments
30 2.525.604 (363.534)
Cash Inflows from Borrowing and Cash Outflows from Debt Payments 47 (229.157.907) 79.550.520
Dividends Paid 30 (27.929.760) --
NET INCREASE/DECREASE IN CASH AND CASH EQUIVALENTS BEFORE
FOREIGN CURRENCY TRANSLATION DIFFERENCES
(45.098.299) 91.931.281
D. FOREIGN CURRENCY DIFFERENCES ON CASH AND CASH EQUIVALENTS NET 30 33.252.679 27.075.883
NET INCREASE/DECREASE IN CASH AND CASH EQUIVALENTS (11.845.620) 119.007.164
E. CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD 53 362.039.933 195.384.504
CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD 53 350.194.313 314.391.668