The company is the controlling shareholder of ENKA İnşaat ve Sanayi A.Ş. with 49.80% of the shares, and has no other investment or activity. For this reason, the financial situation of the company is directly proportional to that of ENKA İnşaat ve Sanayi A.Ş.. The details are given below.
As at the end of 2023, in USD terms, ENKA’s shareholders’ equity amounted to 7.33 billion, net cash position to 5.1 billion, consolidated turnover to 3.2 billion and consolidated profit to 706 million.
A comparative chart of the year-end consolidated financial results of the company is given below (In thousands of Turkish Lira):
ASSETS | 31/12/2023 | 31/12/2022 |
WORKING ASSETS | 120,806,316 | 66,548,153 |
REAL ASSETS | 156,028,205 | 94,321,322 |
TOTAL | 276,834,521 | 160,869,475 |
LIABILITIES | 31/12/2023 | 31/12/2022 |
SHORT-TERM LIABILITIES | 43,080,328 | 27,760,827 |
LONG-TERM LIABILITIES | 16,602,943 | 10,326,045 |
OWN RESOURCES | 217,151,250 | 122,782,603 |
– OWN RESOURCES BELONGING TO PARENT SHAREHOLDER | 106,211,310 | 62,380,814 |
– NON-CONTROLLING INTERESTS | 110,939,940 | 60,401,789 |
TOTAL | 276,834,521 | 160,869,475 |