Turkish Martyrs’ Memorials Development Foundation

Financial statement summary

This page presents a clear comparison of the previous-period and current-period figures in the published financial statement.

Comparative overview

Income, operating expenses and period result

As the source statement does not specify calendar years, the original period headings have been retained.

Previous period

868,979.58 TL

Gross sales

1,108,968.85 TL operating expenses

29,842.17 TL net profit for the period

Current period

1,143,588.54 TL

Gross sales

1,172,256.26 TL operating expenses

162,515.48 TL net profit for the period

Income

Income and other ordinary activity items

Income item Previous period Current period
Gross sales 868,979.58 TL 1,143,588.54 TL
Other income 868,979.58 TL 1,143,588.54 TL
Other ordinary income 274,637.84 TL 192,822.27 TL
Interest income 263,647.67 TL 190,465.54 TL
Foreign exchange gains 10,990.17 TL 2,356.73 TL
Ordinary profit or loss 30,626.67 TL 162,515.48 TL

Expenses and period result

Operating expenses

Expense item Previous period Current period
Scholarship recipient expenses 409,450.00 TL 398,550.00 TL
Memorial maintenance and repair expenses 127,017.55 TL 65,589.32 TL
General administrative expenses 423,067.68 TL 473,371.01 TL
Social assistance expenses 74,867.61 TL 214,832.57 TL
General assembly and other activity expenses 28,054.45 TL 0.00 TL
Social event expenses 9,878.08 TL 0.00 TL
Çanakkale Research Institute expenses 36,633.48 TL 19,913.36 TL
Total operating expenses 1,108,968.85 TL 1,172,256.26 TL
Operating profit or loss -239,989.27 TL -28,667.72 TL
Other operating expenses and losses 4,021.90 TL 1,639.07 TL
Extraordinary expenses and losses 784.50 TL 0.00 TL
Net profit or loss for the period 29,842.17 TL 162,515.48 TL

Source: Published financial statement of the Turkish Martyrs’ Memorials Development Foundation.