Date and time of publication on KAP: 05.05.2026 19:26:48 https://www.kap.org.tr/en/Bildirim/1601422
KAMUYU AYDINLATMA PLATFORMU
FORD OTOMOTİV SANAYİ A.Ş.
Financial Report Consolidated
2026 - 1. 3 Monthly Notification
General Information About Financial Statements
January 1 - March 31, 2026 condensed interim consolidated financial statements
Statement of Financial Position (Balance Sheet)
1.000 TL | |
Consolidated |
Footnote Reference | Current Period 31.03.2026 | Previous Period 31.12.2025 | |
Statement of Financial Position (Balance Sheet) | |||
Assets [abstract] | |||
CURRENT ASSETS | |||
Cash and cash equivalents | 56.687.663 | 70.396.950 | |
Trade Receivables | 74.465.759 | 97.774.058 | |
Trade Receivables Due From Related Parties | 22 | 54.640.902 | 64.990.935 |
Trade Receivables Due From Unrelated Parties | 6 | 19.824.857 | 32.783.123 |
Other Receivables | 5.270.399 | 5.046.828 | |
Other Receivables Due From Related Parties | 22 | 4.445.456 | 4.791.038 |
Other Receivables Due From Unrelated Parties | 824.943 | 255.790 | |
Contract Assets | 1.061.683 | 66.406 | |
Derivative Financial Assets | 23,24 | 218.506 | 95.750 |
Inventories | 7 | 67.902.718 | 54.283.876 |
Prepayments | 10 | 537.821 | 850.326 |
Other current assets | 13.585.480 | 17.377.512 | |
SUB-TOTAL | 219.730.029 | 245.891.706 | |
Total current assets | 219.730.029 | 245.891.706 | |
NON-CURRENT ASSETS | |||
Financial Investments | 4 | 587.899 | 741.451 |
Investments in subsidiaries, joint ventures and associates | 1.021.641 | 680.482 | |
Trade Receivables | 1.160 | 920 | |
Trade Receivables Due From Unrelated Parties | 6 | 1.160 | 920 |
Other Receivables | 20.722.597 | 23.639.471 | |
Other Receivables Due From Related Parties | 22 | 20.722.597 | 23.639.471 |
Derivative Financial Assets | 23,24 | 171.779 | 127.671 |
Property, plant and equipment | 8 | 146.754.974 | 150.933.883 |
Right of Use Assets | 2.884.839 | 2.520.818 | |
Intangible assets and goodwill | 33.776.401 | 34.843.175 | |
Goodwill | 1.268.306 | 1.362.922 | |
Other intangible assets | 9 | 32.508.095 | 33.480.253 |
Prepayments | 10 | 7.972.069 | 9.857.498 |
Deferred Tax Asset | 20 | 24.954.848 | 26.801.732 |
Total non-current assets | 238.848.207 | 250.147.101 | |
Total assets | 458.578.236 | 496.038.807 | |
LIABILITIES AND EQUITY | |||
CURRENT LIABILITIES | |||
Current Borrowings | 18.068.564 | 22.254.836 | |
Current Borrowings From Unrelated Parties | 18.068.564 | 22.254.836 | |
Bank Loans | 5 | 18.068.564 | 22.254.836 |
Current Portion of Non-current Borrowings | 36.713.106 | 47.449.508 | |
Current Portion of Non-current Borrowings from Unrelated Parties | 36.713.106 | 47.449.508 | |
Bank Loans | 5 | 34.462.613 | 45.148.814 |
Lease Liabilities | 5 | 704.620 | 686.186 |
Issued Debt Instruments | 5 | 1.545.873 | 1.614.508 |
Trade Payables | 101.358.833 | 112.744.851 | |
Trade Payables to Related Parties | 22 | 25.448.806 | 31.088.429 |
Trade Payables to Unrelated Parties | 6 | 75.910.027 | 81.656.422 |
Employee Benefit Obligations | 5.860.177 | 6.558.492 | |
Other Payables | 4.321.272 | 3.705.895 | |
Other Payables to Related Parties | 22 | 106.958 | 699.878 |
Other Payables to Unrelated Parties | 4.214.314 | 3.006.017 | |
Deferred Income Other Than Contract Liabilities | 3.969.102 | 1.305.674 | |
Current tax liabilities, current | 20 | 237.239 | 197.601 |
Current provisions | 4.159.680 | 4.541.275 | |
Other current provisions | 11 | 4.159.680 | 4.541.275 |
SUB-TOTAL | 174.687.973 | 198.758.132 | |
Total current liabilities | 174.687.973 | 198.758.132 | |
NON-CURRENT LIABILITIES | |||
Long Term Borrowings | 108.344.396 | 109.845.150 | |
Long Term Borrowings From Unrelated Parties | 108.344.396 | 109.845.150 | |
Bank Loans | 5 | 78.229.601 | 78.089.833 |
Lease Liabilities | 5 | 1.513.080 | 1.588.942 |
Issued Debt Instruments | 5 | 21.301.863 | 22.247.651 |
Other long-term borrowings | 5 | 7.299.852 | 7.918.724 |
Derivative Financial Liabilities | 23,24 | 1.561.723 | 2.515.784 |
Deferred Income Other Than Contract Liabilities | 1.118.948 | 4.699.318 | |
Non-current provisions | 6.679.035 | 6.702.749 | |
Non-current provisions for employee benefits | 3.707.587 | 3.475.534 | |
Other non-current provisions | 11 | 2.971.448 | 3.227.215 |
Deferred Tax Liabilities | 20 | 1.750.518 | 1.832.508 |
Total non-current liabilities | 119.454.620 | 125.595.509 | |
Total liabilities | 294.142.593 | 324.353.641 | |
EQUITY | |||
Equity attributable to owners of parent | 13 | 164.435.643 | 171.685.166 |
Issued capital | 3.509.100 | 3.509.100 | |
Inflation Adjustments on Capital | 9.325.484 | 9.325.484 | |
Share Premium (Discount) | 8 | 8 | |
Other Accumulated Comprehensive Income (Loss) that will not be Reclassified in Profit or Loss | -3.850.959 | -3.791.735 | |
Gains (Losses) on Revaluation and Remeasurement | -3.850.959 | -3.791.735 | |
Gains (Losses) on Remeasurements of Defined Benefit Plans | -3.850.959 | -3.791.735 | |
Other Accumulated Comprehensive Income (Loss) that will be Reclassified in Profit or Loss | -47.039.787 | -47.123.794 | |
Exchange Differences on Translation | -13.909.098 | -11.007.345 | |
Gains (Losses) on Hedge | -33.220.111 | -36.308.706 | |
Gains (Losses) on Cash Flow Hedges | -33.220.111 | -36.308.706 | |
Gains (Losses) on Revaluation and Reclassification | 89.422 | 192.257 | |
Gains (Losses) from Financial Assets Measured at Fair Value through Other Comprehensive Income | 89.422 | 192.257 | |
Restricted Reserves Appropriated From Profits | 16.619.534 | 15.359.767 | |
Prior Years' Profits or Losses | 180.373.445 | 157.007.993 | |
Current Period Net Profit Or Loss | 5.498.818 | 37.398.343 | |
Total equity | 164.435.643 | 171.685.166 | |
Total Liabilities and Equity | 458.578.236 | 496.038.807 | |
Profit or loss [abstract]
1.000 TL | |
Consolidated |
Current Period Previous Period Footnote Reference 01.01.2026 - 01.01.2025 - 31.03.2026 31.03.2025 | |||
Profit or loss [abstract] | |||
PROFIT (LOSS) | |||
Revenue | 14 | 192.442.597 | 210.563.327 |
Cost of sales | 14 | -179.145.287 | -192.365.673 |
GROSS PROFIT (LOSS) FROM COMMERCIAL OPERATIONS | 13.297.310 | 18.197.654 | |
GROSS PROFIT (LOSS) | 13.297.310 | 18.197.654 | |
General Administrative Expenses | -2.676.054 | -2.822.876 | |
Marketing Expenses | -3.833.259 | -4.491.639 | |
Research and development expense | -2.319.517 | -2.313.116 | |
Other Income from Operating Activities | 16 | 4.000.139 | 6.532.914 |
Other Expenses from Operating Activities | 16 | -3.530.092 | -4.934.850 |
PROFIT (LOSS) FROM OPERATING ACTIVITIES | 4.938.527 | 10.168.087 | |
Investment Activity Income | 1.191.759 | 3.256.044 | |
Investment Activity Expenses | -3.760 | -510 | |
PROFIT (LOSS) BEFORE FINANCING INCOME (EXPENSE) | 6.126.526 | 13.423.621 | |
Finance income | 17 | 5.451.105 | 6.877.945 |
Finance costs | 18 | -11.586.797 | -15.248.082 |
Gains (losses) on net monetary position | 19 | 7.968.652 | 6.990.299 |
PROFIT (LOSS) FROM CONTINUING OPERATIONS, BEFORE TAX | 7.959.486 | 12.043.783 | |
Tax (Expense) Income, Continuing Operations | -2.460.668 | -3.554.445 | |
Current Period Tax (Expense) Income | 20 | -237.496 | -565.364 |
Deferred Tax (Expense) Income | 20 | -2.223.172 | -2.989.081 |
PROFIT (LOSS) FROM CONTINUING OPERATIONS | 5.498.818 | 8.489.338 | |
PROFIT (LOSS) | 5.498.818 | 8.489.338 | |
Profit (loss), attributable to [abstract] | |||
Non-controlling Interests | 0 | 0 | |
Owners of Parent | 5.498.818 | 8.489.338 | |
Earnings per share [abstract] | |||
Earnings per share [line items] | |||
Basic earnings per share | |||
Basic Earnings (Loss) Per Share from Continuing Operations | |||
Pay Başına Kazanç | 21 | 15,67000000 | 24,19000000 |
Diluted Earnings Per Share | |||
Current Period Previous Period Footnote Reference 01.01.2026 - 01.01.2025 -
31.03.2026 31.03.2025
Statement of Other Comprehensive Income
1.000 TL | |
Consolidated |
Statement of Other Comprehensive Income | |||
PROFIT (LOSS) | 5.498.818 | 8.489.338 | |
OTHER COMPREHENSIVE INCOME | |||
Other Comprehensive Income that will not be Reclassified to Profit or Loss | -59.224 | 34.595 | |
Gains (Losses) on Remeasurements of Defined Benefit Plans | -78.966 | 46.127 | |
Taxes Relating To Components Of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | 19.742 | -11.532 | |
Taxes Relating to Remeasurements of Defined Benefit Plans | 19.742 | -11.532 | |
Other Comprehensive Income That Will Be Reclassified to Profit or Loss | 84.007 | -3.252.501 | |
Exchange Differences on Translation of Foreing Operations | -2.901.753 | -145.288 | |
Gains (losses) on exchange differences on translation of Foreign Operations | -2.901.753 | -145.288 | |
Other Comprehensive Income (Loss) Related with Financial Assets Measured at Fair Value through Other Comprehensive Income | -117.526 | 8.510 | |
Gains (Losses) on Financial Assets Measured at Fair Value through Other Comprehensive Income | -117.526 | 8.510 | |
Other Comprehensive Income (Loss) Related with Cash Flow Hedges | 4.118.127 | -4.152.879 | |
Gains (Losses) on Cash Flow Hedges | 24 | 4.118.127 | -4.152.879 |
Taxes Relating to Components of Other Comprehensive Income that will be Reclassified to Profit or Loss | -1.014.841 | 1.037.156 | |
Taxes Relating to Financial Assets Measured at Fair Value through Other Comprehensive Income | 14.691 | -1.064 | |
Taxes Relating to Cash Flow Hedges | -1.029.532 | 1.038.220 | |
OTHER COMPREHENSIVE INCOME (LOSS) | 24.783 | -3.217.906 | |
TOTAL COMPREHENSIVE INCOME (LOSS) | 5.523.601 | 5.271.432 | |
Total Comprehensive Income Attributable to | |||
Non-controlling Interests | 0 | 0 | |
Owners of Parent | 5.523.601 | 5.271.432 | |