What is Turkcells official accounting currency?
Turkcell has historically prepared and presented its consolidated financial statements on a consolidated basis in accordance with US GAAP in US dollars for purposes of reporting to the Securities and Exchange Commission (“SEC”) of USA and in New Turkish Lira (“TRY”) in accordance with Turkish GAAP and Turkish Capital Market Board (“CMB”) requirements in Turkey. Starting from the first quarter of 2006, consolidated financial results of Turkcell are reported in accordance with IFRS in US dollars to international markets and in accordance with IFRS in TRY in line with the requirements of CMB in the local market.
