Financial Results Earning Release for 31.12.2023
The financial results earnings release for the full year 2023 ended on December 31, 2023 has been presented to the review of our stakeholders on corporate investor relations website ( https://yatirimciiliskileri.sabanci.com/en/images/pdf/q423- earnings-release.pdf ) of Sabancı Holding. The Company's financial statements dated 31.12.2023, which were disclosed to public on 02.04.2024, have been subject to inflation accounting for the first time within the framework of the "Financial Reporting in Hyperinflationary Economies Standard" (IAS 29).
Financial figures given in this financial report is not comparable with the financial figures that were not subject to inflation adjustment which were disclosed to public by the Company in its financial reports and various investor information materials prepared for the previous periods.
For this reason, selected financial figures are also presented without adjusting for inflation accounting and disclosed through investor presentations and earnings releases on the Company's corporate website as well as via the Public Disclosure Platform, in order for investors and analysts to conduct a full-fledged analysis for the Company's financial performance.
The financial figures that are not subject to inflation adjustment have not been independently audited and are not included in the Company's audited financial reports dated 31.12.2023. Such financial figures have been prepared and disclosed to public for providing the investors and market participants consistent and comparable assessment of our financial performance, under the responsibility of the Company's Board of Directors and executives who are responsible for financial reporting.