INFORMATION ON AFFILIATES’ CONSOLIDATION

Main activity areas of consolidated companies and parent company’s participation ratios are as follows:

 

THE GROUP’S PARTICIPATION RATİO (%)
AFFILIATES	ACTIVITY SCOPE	31 Dec 2011	31 Dec 2010
Katmerciler Profil Sanayi ve Ticaret A.Ş.	Painting Labour	93.33	93.33
Isıpan Otomotiv ve Üst Ekipman Metal
Makine San. ve Tic. A.Ş.	Welding Labour	95.67	89.00
Kat Araç Üstü Ekipman Pazarlama ve Dış Ticaret Ltd. Şti.*	Marketing	-	90.00

 

Consolidation is performed within the parent company; Katmerciler Araç Üstü Ekipman San. ve Tic. A.Ş.

Accounting policies of the companies, that are included in consolidation, are habilitated according to the parent company’s accounting policies. All operations, balances, income and costs within the Group have been eliminated in consolidation.

 

THE GROUP’S PARTICIPATION RATIO (%)
AFFILIATES	ACTIVITY SCOPE	31 DEC 2011	31 DEC 2010
Gimkat Araç Üstü Ekipman Sanayi ve Ticaret A.Ş.	On vehicle equipment production	49.99	-

 

Gimkat Araç Üstü Ekipman Sanayi ve Ticaret A.Ş, which is the 49.99% participation of the Group has not been included in consolidation since its call has not been paid as of 31.12.2011.