Financial Indicators 2009 (Income Statement) 1 Jan. - 31 Dec. 2009 1 Jan. - 31 Dec. 2008 ONGOING OPERATIONS Income from Sales Cost of Sales (-) $4,730,641,365.56 -$3,453,203,216.57 $4,023,639,248.92 -$2,985,064,124.06 GROSS PROFIT/ (LOSS) Marketing, Sales and Distribution Cost (-) General Administrative Cost (-) Other Operating Income Other Operating Cost (-) $1,277,438,148.99 -$542,260,077.32 -$175,846,517.85 $61,276,207.89 -$133,893,284.48 $1,038,575,124.85 -$417,844,662.90 -$133,929,018.92 $37,252,285.45 --$138,073,638.45 OPERATING PROFIT / (LOSS) $486,714,477.24 Share of Investment in Profit/Loss (Equity Method) $8,615,412.49 $116,306,154.78 -$116,122,283.33 $385,980,090.02 $2,347,466.16 $938,285,059.14 -$468,769,312.66 Financial Income Financial Costs (-) INCOME BEFORE TAX / (LOSS) Tax Income / (Expense) $495,513,761.18 -$119,613,619.98 $857,843,302.67 $112,524,462.48 NET INCOME/ (LOSS) Earnings per Share / (Loss) $375,900,141.20 $0.43 $745,318,840.19 $0.85

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Based on its income statement, what are the gross-profit and net-profit margins of Turkish Airlines in 2008 and 2009?

Financial Indicators 2009 (Income Statement)
1 Jan. - 31 Dec. 2009
1 Jan. - 31 Dec. 2008
ONGOING OPERATIONS
Income from Sales
Cost of Sales (-)
$4,730,641,365.56
-$3,453,203,216.57
$4,023,639,248.92
-$2,985,064,124.06
GROSS PROFIT/ (LOSS)
Marketing, Sales and Distribution Cost (-)
General Administrative Cost (-)
Other Operating Income
Other Operating Cost (-)
$1,277,438,148.99
-$542,260,077.32
-$175,846,517.85
$61,276,207.89
-$133,893,284.48
$1,038,575,124.85
-$417,844,662.90
-$133,929,018.92
$37,252,285.45
--$138,073,638.45
OPERATING PROFIT / (LOSS)
$486,714,477.24
Share of Investment in Profit/Loss (Equity Method) $8,615,412.49
$116,306,154.78
-$116,122,283.33
$385,980,090.02
$2,347,466.16
$938,285,059.14
-$468,769,312.66
Financial Income
Financial Costs (-)
INCOME BEFORE TAX / (LOSS)
Tax Income / (Expense)
$495,513,761.18
-$119,613,619.98
$857,843,302.67
$112,524,462.48
NET INCOME/ (LOSS)
Earnings per Share / (Loss)
$375,900,141.20
$0.43
$745,318,840.19
$0.85
Transcribed Image Text:Financial Indicators 2009 (Income Statement) 1 Jan. - 31 Dec. 2009 1 Jan. - 31 Dec. 2008 ONGOING OPERATIONS Income from Sales Cost of Sales (-) $4,730,641,365.56 -$3,453,203,216.57 $4,023,639,248.92 -$2,985,064,124.06 GROSS PROFIT/ (LOSS) Marketing, Sales and Distribution Cost (-) General Administrative Cost (-) Other Operating Income Other Operating Cost (-) $1,277,438,148.99 -$542,260,077.32 -$175,846,517.85 $61,276,207.89 -$133,893,284.48 $1,038,575,124.85 -$417,844,662.90 -$133,929,018.92 $37,252,285.45 --$138,073,638.45 OPERATING PROFIT / (LOSS) $486,714,477.24 Share of Investment in Profit/Loss (Equity Method) $8,615,412.49 $116,306,154.78 -$116,122,283.33 $385,980,090.02 $2,347,466.16 $938,285,059.14 -$468,769,312.66 Financial Income Financial Costs (-) INCOME BEFORE TAX / (LOSS) Tax Income / (Expense) $495,513,761.18 -$119,613,619.98 $857,843,302.67 $112,524,462.48 NET INCOME/ (LOSS) Earnings per Share / (Loss) $375,900,141.20 $0.43 $745,318,840.19 $0.85
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