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As Hurriyet is now an international media company, how much of its revenues and EBITDA is coming from Turkey and how much is coming from abroad?

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As Hurriyet is now an international media company, how much of its revenues and EBITDA is coming from Turkey and how much is coming from abroad?

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In 2008, 38% of Hurriyets consolidated revenues and 34% of EBITDA came from TME. If we take into consideration the revenues and EBITDA stemming from Hurriyet Germany as well, 42% of consolidated revenues and 37% of consolidated EBITDA in 2008 came from outside Turkey. Meanwhile, in the first half of 2009, 31% of Hurriyets consolidated revenues and 19% of EBITDA came from TME. If we take into consideration the revenues and EBITDA stemming from Hurriyet Germany as well, 35% of consolidated revenues and 24% of consolidated EBITDA during this period came from outside Turkey.

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