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  • Karsan vs. Otokar - Vertical Analysis: Income Statement Total

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    SerdarSerdengeçti
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    This document compares the 2014 income statements of two Turkish companies, Karsan and Otokar. It shows that while Karsan had a net loss of 100 million Turkish Lira, Otokar had a net income of 72.7 million Turkish Lira. Some key differences were that Otokar had higher net sales and gross profit than Karsan. However, Karsan had higher other operating income and expenses than Otokar. Overall, Otokar was more profitable than Karsan in 2014 based on the income statement analysis.

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    Vertical Analysis - KarsanVsOtosan

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    This document compares the 2014 income statements of two Turkish companies, Karsan and Otokar. It shows that while Karsan had a net loss of 100 million Turkish Lira, Otokar had a net income of 72.7 million Turkish Lira. Some key differences were that Otokar had higher net sales and gross profit than Karsan. However, Karsan had higher other operating income and expenses than Otokar. Overall, Otokar was more profitable than Karsan in 2014 based on the income statement analysis.

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    18 views4 pages

    Karsan vs. Otokar - Vertical Analysis: Income Statement Total

    Uploaded by

    SerdarSerdengeçti
    This document compares the 2014 income statements of two Turkish companies, Karsan and Otokar. It shows that while Karsan had a net loss of 100 million Turkish Lira, Otokar had a net income of 72.7 million Turkish Lira. Some key differences were that Otokar had higher net sales and gross profit than Karsan. However, Karsan had higher other operating income and expenses than Otokar. Overall, Otokar was more profitable than Karsan in 2014 based on the income statement analysis.

    Copyright:

    © All Rights Reserved
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    of 4

    KARSAN Vs.

    OTOKAR
    INCOME STATEMENT
    Net Sales
    Cost of Sales (-)
    Gross Profit
    Marketing, Selling, Distribution Expenses (-)
    General Administrative Expenses (-)
    Research and Development Expenses (-)
    Other Operating Income
    Other Operating Expenses (-)
    Operating Profit (Loss)
    Income from Investments
    Loss from Investments
    Income (loss) from Associates -Equity MethodFinancial Income
    Financial loss (-)
    Income Before Tax
    Tax
    NET INCOME

    - VERTICAL ANALYSIS

    KARSAN 2014
    total
    358,284,009
    -323,911,959
    34,372,050
    -51,112,988
    -35,863,427
    -2,150,105
    81,500,144
    -83,577,525
    -56,831,851
    3,343,134
    -11,192,458
    0
    0
    -46,134,065
    -110,815,240.00
    10,796,622.00
    -100,018,618.00

    100%
    -90.41%
    9.59%
    -14.27%
    -10.01%
    -0.60%
    22.75%
    -23.33%
    -15.86%
    0.93%
    -3.12%
    0.00%
    0.00%
    0.00%
    0.00%
    3.01%
    -27.92%

    L ANALYSIS
    OTOKAR 2014
    total
    % of net sales
    1,231,633,772
    100%
    -919,528,400
    -74.66%
    312,105,372
    25.34%
    -132,494,804
    -10.76%
    -39,819,107
    -3.23%
    -28,658,352
    -2.33%
    87,200,968
    7.08%
    -76,415,130
    -6.20%
    121,918,947
    9.90%
    55,898
    0.00%
    0
    0.00%
    0
    0.00%
    14,467,603
    0.00%
    -54,658,600
    0.00%
    81,783,848.00
    0.00%
    -9,012,650.00
    -0.73%
    72,771,198.00
    5.91% Arelik is more profitable.

    Seems, both of them suffered from exhange differences of comme

    Vestel is paying less interest than Arelik but still has much financ
    Interest payments VESTEL: 164 million TL
    Interest payments ARELK: 320 million TL

    differences of commercial operations (other operating expenses). But, Vestel suffered more (-%5)
    still has much financial loss than Arelik.

    more (-%5)

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