SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
Report on Form 6-K dated February 19, 2003
____________________
TURKCELL ILETISIM HIZMETLERI A.S
Turkcell Plaza
Mesrutiyet Caddesi No.153
80050 Tepebasi
Istanbul, Turkey
____________________
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F:
Form 20-F: |X| Form 40-F: |_|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1):
Yes: |_| No: |X|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7):
Yes: |_| No: |X|
Indicate by check mark whether the registrant by furnishing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes: |_| No: |X|
Enclosure: A translation of the summary profit and loss statement and respective
declaration filed with the Istanbul Stock Exchange on 18 February
2003.
[TURKCELL LOGO]
In accordance with Turkish tax requirements, Turkcell Iletisim Hizmetleri has
filed with the Istanbul Stock Exchange a summary profit & loss statement for the
year ended 2002. The summary profit & loss statement is used as a basis for a
provisional tax declaration. These financial statements are not prepared in
accordance with either accounting principles generally accepted in the United
States or accounting principles adopted by the Capital Market Board of Turkey.
As a result the financial position and results of operations of Turkcell
Iletisim Hizmetleri presented in these financial statements may materially
differ.
Please find attached a translation of the summary profit and loss statement and
respective declaration filed with the Istanbul Stock Exchange on 18 February
2003.
THE CHAIRMAN OF THE ISTANBUL STOCK EXCHANGE
ISTANBUL
February 18, 2003
Attached the financial statements (summary profit & loss statement) that are the
basis for Turkcell Iletisim Hizmetleri A.S.'s provisional tax declaration
have been presented. These financial statements are prepared in line with
Turkish Capital Markets Board regulations.
[signed]
Turkcell Iletisim Hizmetleri A.S.
TURKCELL ILETISIM HIZMETLERI A.S.
PROFIT & LOSS STATEMENT AS OF DECEMBER 31, 2002
(Million TL)
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PREVIOUS PERIOD CURRENT PERIOD
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A-GROSS SALES 2,237,463,034 3,334,064,896
1-Domestic Sales 2,039,445,366 3,103,607,951
2-Foreign sales 157,504,992 184,903,999
3-Other Sales 40,512,676 45,552,946
B-SALES DEDUCTIONS(-) -55,248,004 -158,858,107
1-Sales Returns -54,511,005 -86,788,866
2-Sales Discounts(-) -736,999 -72,069,241
C-NET SALES 2,182,215,030 3,175,206,789
D-COST OF GOODS SOLD(-) -1,384,677,865 -1,980,748,124
1-Cost of trading goods sold(-) -37,441,741 -41,991,818
2-Cost of services sold(-) -1,342,255,584 -1,936,700,690
3-Cost of other sales(-) -4,980,540 -2,055,616
GROSS PROFIT & LOSS 797,537,165 1,194,458,665
E-OPERATING EXPENSES(-) -464,196,174 -632,448,706
1-Marketing Sales and Dist. Expenses(-) -334,339,590 -474,345,760
2-General Adm. Expenses(-) -129,856,584 -158,102,946
GROSS OPERATING PROFIT & LOSS 333,340,991 562,009,959
F-INCOME AND PROFIT FROM OTHER
ORDINARY OPERATIONS 385,932,878 339,414,103
1-Interest Income 62,662,689 92,609,916
2-Commission Income 1,189,769 1,431,604
3-Provisions no longer required 68,444,695 221,150,176
4-Gain on sale of marketable Securities 8,994,612 99,818
5-Foreign Exchange Income 90,988,441 11,910,288
6-Discount income 464,080 5,671,117
7-Other ordinary income and profit 153,188,592 6,541,184
G- EXPENSES AND LOSSES FROM OTHER
ORDINARY OPERATIONS -147,788,012 -156,470,491
1-Provision Expenses(-) -108,198,857 -106,879,039
2-Foreign Exchange Loss(-) -6,190,828
3-Discount expenses -5,671,118 -1,016,573
4-Other ordinary expenses and losses -27,727,209 -48,574,879
H-FINANCIAL EXPENSES(-) -1,079,818,423 -622,396,708
1-Financial Expenses S/T (-) -761,893,381 -518,752,762
2-Financial Expenses L/T (-) -317,925,042 -103,643,946
ORDINARY REVENUES AND EXPENSES -508,332,566 122,556,863
I-EXTRAORDINARY REVENUES AND PROFITS 57,390,356 24,821,472
1-Prior Period Revenues and profits 170,020 755,354
2-Other Extraordinary revenues and profits 57,220,336 24,066,118
J-EXTAORDINARY EXPENSES -195,846,723 -20,388,351
1-Prior period expenses and losses(-) -37,997,672 -12,703,210
2-Other Extraordinary expenses and losses(-) -157,849,051 -7,685,141
PROFIT (LOSS) OF THE PERIOD -646,788,933 126,989,984
K-PROVISION FOR TAXES PAYABLE AND OTHER
STATUTORY OBLIGATIONS(-)
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NET PROFIT(LOSS) -646,788,933 126,989,984
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UV FIN.GID VUK 302,764,594,358,892
SPK DUZELTME KAYDI 127,412,510,000,000
UV FIN.GID SPK 175,352,084,358,892
KV FIN GID VUK 228,438,037,100,220
SPK DUZELTME KAYDI 105,112,859,000,000
KV FIN GID SPK 123,325,178,100,220
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Turkcell Iletisim Hizmetleri A.S. has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
TURKCELL ILETISIM HIZMETLERI A.S.
Date: February 19, 2003 By: /s/ MUZAFFER AKPINAR
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Name: Muzaffer Akpinar
Title: Chief Executive Officer