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As of December 31, 2007 and 2006, the summary income statements about the account periods ended in the period of December 31, 2007 and 2006 with Fintur’s assets, liabilities and equity totals (the following summary financial statements are expressed in US Dollars): December 31, 2007
As described in Note 1, Turkcell has decided to take over $ 7.000 USD $ 70.0.0.000 USD $ 150,000, representing a 50% share of the A-wire capital at the Legal and Financial Review. . Following the approval of the share revolution by the Competition Board, A-Wire shares were purchased in August 9, 2006 for YTL 218,715. A-Tel operates in the marketing, sales and distribution of Turkcell’s prepaid lines. A-TEL is working as Turkcell’s Single Budget Card Distributor and takes premium over top-up sales. In addition to Simkart and budget card sales, Turkcell and A-wire also has various contracts related to sales campaigns and subscriber activations. Since 1999, cooperation with A-Wire has contributed significantly to Turkcell’s sales and marketing power. The trademark brand has achieved important achievements with the correct campaign fiction within the framework of competition conditions. The company management believes that 50% A-Wire shares can be better adapted to the competition conditions that are changing in the company. The company recognized the A-TEL according to the equity method and distributed the cost of the investment according to 50% ownership ratio of A-Tel’s assets and liabilities.
Turkcell Communications Services Inc. And the subsidiaries of the consolidated financial statements of the account period ended 31 December 2007 (currency: Currency: Amounts are expressed as thousand new Turkish liras unless otherwise stated. Units other than the new Turkish Lira are expressed as thousand units otherwise stated.)
In the five-month period ended 31 December 2006, the profit effect in A-Tel consolidated financial statements is $ 9.049. The Company management estimates that the consolidated abdomen in the account period ended 31 December 2006 on January 1, 2006 on January 1, 2006 will be higher than $ 22.172. While determining this amount, the Company Management has assumed that the reasonable value corrections in the history of economics will remain the same if the acquisition has taken place on 1 January 2006. As of the acquisition date of the acquired assets and liabilities, the registered values and market values are given below in TRY. Pre-Economist Registered Values Material-standing Assets (Net) Intangible Assets (Net) Deferred Tax Assets / (Liability) Receivables from Related Parties (Net) Commercial Receivables (Net) Other Current / Returning Assets Securities (Net)
Pre-Economist Registered values are calculated according to the International Financial Reporting Standards that are valid immediately before the history of economics.