FENERBAHÇE FUTBOL A.Ş. Financial Report Consolidated Monthly Notification

Transkript

1 KAMUYU AYDINLATMA PLATFORMU FENERBAHÇE FUTBOL A.Ş. Financial Report Consolidated Monthly Notification General Information About Financial Statements

2 Independet Audit Comment Independent Audit Company Audit Type Audit Result GÜNEY BAĞIMSIZ DENETİM VE SERBEST MUHASEBECİ MALİ MÜŞAVİRLİK A.Ş. Continuous Positive KONSOLİDE FİNANSAL TABLOLAR HAKKINDA BAĞIMSIZ DENETÇİ RAPORU Fenerbahçe Futbol A.Ş. Yönetim Kurulu'na: Konsolide Finansal Tablolara İlişkin Rapor Fenerbahçe Futbol A.Ş. (Şirket)'nin ve Bağlı Ortaklığının (birlikte "Grup" olarak anılacaktır) 31 Mayıs 2016 tarihli konsolide finansal durum tablosu ile aynı tarihte sona eren hesap dönemine ait; konsolide kâr veya zarar ve diğer kapsamlı gelir tablosu, konsolide özkaynak değişim tablosu ve konsolide nakit akış tablosu ile önemli muhasebe politikalarını özetleyen dipnotlar ve diğer açıklayıcı notlardan oluşan ilişikteki konsolide finansal tablolarını denetlemiş bulunuyoruz Yönetimin Konsolide Finansal Tablolara İlişkin Sorumluluğu Grup yönetimi; konsolide finansal tabloların Türkiye Muhasebe Standartlarına uygun olarak hazırlanmasından, gerçeğe uygun bir biçimde sunumundan ve hata veya hile kaynaklı önemli yanlışlık içermeyen konsolide finansal tabloların hazırlanmasını sağlamak için gerekli gördüğü iç kontrolden sorumludur. Bağımsız Denetçinin Sorumluluğu Sorumluluğumuz, yaptığımız bağımsız denetime dayanarak, bu konsolide finansal tablolar hakkında görüş vermektir. Yaptığımız bağımsız denetim, Sermaye Piyasası Kurulu'nca yayımlanan bağımsız denetim standartlarına ve Kamu Gözetimi, Muhasebe ve Denetim Standartları Kurumu tarafından yayımlanan Türkiye Denetim Standartlarının bir parçası olan Bağımsız Denetim Standartlarına uygun olarak yürütülmüştür. Bu standartlar, etik hükümlere uygunluk sağlanmasını ve bağımsız denetimin, konsolide finansal tabloların önemli yanlışlık içerip içermediğine dair makul güvence elde etmek üzere planlanarak yürütülmesini gerektirmektedir. Bağımsız denetim, konsolide finansal tablolardaki tutar ve açıklamalar hakkında denetim kanıtı elde etmek amacıyla denetim prosedürlerinin uygulanmasını içerir. Bu prosedürlerin seçimi, konsolide finansal tablolardaki hata veya hile kaynaklı "önemli yanlışlık" risklerinin değerlendirilmesi de dâhil, bağımsız denetçinin mesleki muhakemesine dayanır. Bağımsız denetçi risk değerlendirmelerini yaparken, şartlara uygun denetim prosedürlerini tasarlamak amacıyla, işletmenin konsolide finansal tablolarının hazırlanması ve gerçeğe uygun sunumuyla ilgili iç kontrolü değerlendirir, ancak bu değerlendirme, işletmenin iç kontrolünün etkinliğine ilişkin bir görüş verme amacı taşımaz. Bağımsız denetim, bir bütün olarak konsolide finansal tabloların sunumunun değerlendirilmesinin yanı sıra, işletme yönetimi tarafından kullanılan muhasebe politikalarının uygunluğunun ve yapılan muhasebe tahminlerinin makul olup olmadığının değerlendirilmesini de içerir. Bağımsız denetim sırasında elde ettiğimiz bağımsız denetim kanıtlarının, görüşümüzün oluşturulması için yeterli ve uygun bir dayanak oluşturduğuna inanıyoruz. Görüş Görüşümüze göre konsolide finansal tablolar, Fenerbahçe Futbol A.Ş. ve bağlı ortaklığının 31 Mayıs 2016 tarihi itibarıyla konsolide finansal durumunu ve aynı tarihte sona eren hesap dönemine ait finansal performansını ve nakit akışlarını, Türkiye Muhasebe Standartlarına uygun olarak tüm önemli yönleriyle gerçeğe uygun bir biçimde sunmaktadır.

3 Dikkat Çekilen Husus İşletmenin sürekliliği ilkesi uyarınca hazırlanan ilişikteki konsolide finansal tablolarda yer aldığı ve ayrıca finansal tablo dipnotu 2.6'da belirtildiği üzere, Grup, 31 Mayıs 2016 tarihi itibariyle sona eren yılda TL (31 Mayıs 2015: TL) zarar etmiş, kısa vadeli yükümlülükleri dönen varlıklarını TL (31 Mayıs 2015: TL) aşmış ve özkaynakları da TL negatife dönmüştür (31 Mayıs 2015: TL). Bu durum işletmenin sürekliliği üzerinde ciddi şüpheler uyandıracak önemli belirsizliklerin mevcudiyetini göstermektedir. Diğer taraftan söz konusu durum Türk Ticaret Kanunu ("TTK")'nun 376. maddesine göre de borca batıklık olarak değerlendirildiğinden, Grup yönetiminin TTK'nın 376. maddesinde belirtilen tedbirleri almasını gerektirmektedir. Grup yönetiminin mevcut duruma ilişkin açıklamalarına mali tablo dipnotu 2.6'da yer verilmektedir. SPK'nın 28 Mart 2008 tarih 2008/13 sayılı haftalık bülteninde yayımlandığı üzere; faaliyet konusu sportif faaliyetler olan halka açık şirketlerin, ilişkili taraflara kullandırabileceği fonların toplam tutarının, bir önceki hesap dönemi karından söz konusu ilişkili tarafların tamamına dağıtılmasına karar verilen kar payının %50 'sinden fazlasını aşamayacağı hükmü getirilmiş olmakla beraber, ilişikteki 31 Mayıs 2016 tarihli finansal durum tablosunda ve ayrıca 25 numaralı dipnotta açıklandığı üzere Şirket'in 31 Mayıs 2016 tarihi itibariyle ana ortağı olan Fenerbahçe Spor Kulübü ("FBSK")'nden TL tutarında ticari olmayan alacağı bulunduğuna dair yapmış olduğu açıklamaya dikkat çekmek isteriz. Görüşümüz bu konulara ilişkin bir şart içermemektedir. Mevzuattan Kaynaklanan Diğer Yükümlülüklere İlişkin Rapor 1) 6102 sayılı Türk Ticaret Kanunu'nun ("TTK") 398'inci maddesinin dördüncü fıkrası uyarınca düzenlenen Riskin Erken Saptanması Sistemi ve Komitesi Hakkında Denetçi Raporu 9 Ağustos 2016 tarihinde Şirket'in Yönetim Kurulu'na sunulmuştur. 2) TTK'nın 402'nci maddesinin dördüncü fıkrası uyarınca Şirket'in 1 Haziran Mayıs 2016 hesap döneminde defter tutma düzeninin, finansal tabloların, kanun ile Şirket esas sözleşmesinin finansal raporlamaya ilişkin hükümlerine uygun olmadığına dair önemli bir hususa rastlanmamıştır. 3) TTK'nın 402'nci maddesinin dördüncü fıkrası uyarınca Yönetim Kurulu tarafımıza denetim kapsamında istenen açıklamaları yapmış ve talep edilen belgeleri vermiştir. Güney Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik Anonim Şirketi A member firm of Ernst & Young Global Limited Kaan Birdal, SMMM Sorumlu Denetçi 9 Ağustos 2016 İstanbul, Türkiye

4 Statement of Financial Position (Balance Sheet) Presentation Currency Nature of Financial Statements TL Consolidated Footnote Reference Current Period Previous Period Statement of Financial Position (Balance Sheet) Assets [abstract] CURRENT ASSETS Cash and cash equivalents Financial Investments Time Deposits Financial Investments Held To Maturity Financial Assets at Fair Value Through Profit or Loss Financial Assets at Fair Value Through Comprehensive Income Trade Receivables Trade Receivables Due From Related Parties Trade Receivables Due From Unrelated Parties Receivables From Financial Sector Operations Receivables Receivables Due From Related Parties Receivables Due From Unrelated Parties Receivables from Ongoing Construction or Service Contracts Derivative Financial Assets Inventories Prepayments Prepayments to Related Parties Prepayments to Unrelated Parties Current Tax Assets current assets Current Assets Due From Related Parties Current Assets Due From Unrelated Parties SUBTOTAL Total current assets NONCURRENT ASSETS Trade Receivables Trade Receivables Due From Unrelated Parties Receivables Receivables Due From Unrelated Parties Investment property Property, plant and equipment Land and Premises Machinery And Equipments Vehicles Fixtures and fittings Leasehold Improvements Intangible assets and goodwill Licenses intangible assets Prepayments Prepayments to Related Parties Prepayments to Unrelated Parties Deferred Tax Asset Total noncurrent assets Total assets LIABILITIES AND EQUITY CURRENT LIABILITIES Current Borrowings Current Borrowings From Related Parties Current Borrowings From Unrelated Parties Bank Loans shortterm borrowings Current Portion of Noncurrent Borrowings Current Portion of Noncurrent Borrowings from Unrelated Parties

5 Bank Loans Leasing Debts Issued Debt Instruments Current Portion of other Noncurrent Borrowings Trade Payables Trade Payables to Related Parties Trade Payables to Unrelated Parties Employee Benefit Obligations Payables Payables to Related Parties Payables to Unrelated Parties Deferred Income Deferred Income From Related Parties Deferred Income from Unrelated Parties Current tax liabilities, current Current provisions current provisions Current Liabilities Current Liabilities to Unrelated Parties SUBTOTAL Total current liabilities NONCURRENT LIABILITIES Long Term Borrowings Long Term Borrowings From Unrelated Parties Bank Loans longterm borrowings Trade Payables Trade Payables To Unrelated Parties Payables on Financial Sector Operations Deferred Income Deferred Income from Unrelated Parties Noncurrent provisions Noncurrent provisions for employee benefits Total noncurrent liabilities Total liabilities EQUITY Equity attributable to owners of parent Issued capital Inflation Adjustments on Share Premium (Discount) Effects of Business Combinations Under Common Control Accumulated Comprehensive Income (Loss) that will not be Reclassified in Profit or Loss Gains (Losses) on Revaluation and Remeasurement Gains (Losses) on Remeasurements of Defined Benefit Plans Accumulated Comprehensive Income (Loss) that will be Reclassified in Profit or Loss Gains (Losses) on Hedge Gains (Losses) on Revaluation and Reclassification Restricted Reserves Appropriated From Profits Legal Reserves Prior Years' Profits or Losses Current Period Net Profit Or Loss Noncontrolling interests Total equity Total Liabilities and Equity

6 Statement of Profit or Loss and Comprehensive Income Presentation Currency Nature of Financial Statements TL Consolidated Footnote Reference Current Period Previous Period Statement of Profit or Loss and Comprehensive Income PROFIT (LOSS) Revenue Cost of sales GROSS PROFIT (LOSS) FROM COMMERCIAL OPERATIONS Revenue from Finance Sector Operations Cost of Finance Sector Operations GROSS PROFIT (LOSS) FROM FINANCE SECTOR OPERATIONS GROSS PROFIT (LOSS) General Administrative Expenses Marketing Expenses Income from Operating Activities Expenses from Operating Activities PROFIT (LOSS) FROM OPERATING ACTIVITIES Investment Activity Income Investment Activity Expenses PROFIT (LOSS) BEFORE FINANCING INCOME (EXPENSE) Finance income Finance costs PROFIT (LOSS) FROM CONTINUING OPERATIONS, BEFORE TAX Tax (Expense) Income, Continuing Operations Current Period Tax (Expense) Income Deferred Tax (Expense) Income PROFIT (LOSS) FROM CONTINUING OPERATIONS PROFIT (LOSS) Profit (loss), attributable to [abstract] Noncontrolling Interests Owners of Parent Earnings per share [abstract] Earnings per share [line items] Basic earnings per share Diluted Earnings Per Share OTHER COMPREHENSIVE INCOME Comprehensive Income that will not be Reclassified to Profit or Loss Gains (Losses) on Remeasurements of Defined Benefit Plans Share of Comprehensive Income of Associates and Joint Ventures Accounted for Using Equity Method that will not be Reclassified to Profit or Loss Taxes Relating To Components Of Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Taxes Relating to Remeasurements of Defined Benefit Plans Comprehensive Income That Will Be Reclassified to Profit or Loss Exchange Differences on Translation Gains (Losses) on Remeasuring or Reclassification Adjustments on Availableforsale Financial Assets Comprehensive Income (Loss) Related with Financial Assets Measured at Fair Value through Comprehensive Income Comprehensive Income (Loss) Related with Cash Flow Hedges Comprehensive Income (Loss) Related with Hedges of Net Investments in Foreign Operations Change in Value of Time Value of Options Change in Value of Forward Elements of Forward Contracts Change in Value of Foreign Currency Basis Spreads

7 Share of Comprehensive Income of Associates and Joint Ventures Accounted for Using Equity Method that will be Reclassified to Profit or Loss Taxes Relating to Components of Comprehensive Income that will be Reclassified to Profit or Loss OTHER COMPREHENSIVE INCOME (LOSS) TOTAL COMPREHENSIVE INCOME (LOSS) Total Comprehensive Income Attributable to Noncontrolling Interests Owners of Parent

8 Statement of cash flows (Indirect Method) Presentation Currency Nature of Financial Statements TL Consolidated Footnote Reference Current Period Previous Period Statement of cash flows (Indirect Method) CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES Profit (Loss) Profit (Loss) from Continuing Operations Adjustments to Reconcile Profit (Loss) Adjustments for depreciation and amortisation expense 1213, Adjustments for Impairment Loss (Reversal of Impairment Loss) Adjustments for Impairement Loss (Reversal of Impairment Loss ) of Receivables Adjustments for Impairment Loss (Reversal of Impairment Loss) of Inventories Adjustments for provisions Adjustments for (Reversal of) Provisions Related with Employee Benefits Adjustments for (Reversal of) Lawsuit and/or Penalty Provisions Adjustments for Interest (Income) Expenses Adjustments for Interest Income Adjustments for interest expense adjustments for noncash items Adjustments for losses (gains) on disposal of noncurrent assets Adjustments for Losses (Gains) Arised From Sale of Tangible Assets Adjustments for Losses (Gains) Arised From Sale of Intangible Assets Adjustments for Losses (Gains) Arised From Sale of Investment Property adjustments to reconcile profit (loss) Changes in Working Decrease (Increase) in Financial Investments Adjustments for decrease (increase) in trade accounts receivable Decrease (Increase) in Trade Accounts Receivables from Related Parties Decrease (Increase) in Trade Accounts Receivables from Unrelated Parties Adjustments for Decrease (Increase) in Receivables Related with Operations Decrease (Increase) in Related Party Receivables Related with Operations Decrease (Increase) in Unrelated Party Receivables Related with Operations Adjustments for decrease (increase) in inventories Decrease (Increase) in Prepaid Expenses Adjustments for increase (decrease) in trade accounts payable Increase (Decrease) in Trade Accounts Payables to Related Parties Increase (Decrease) in Trade Accounts Payables to Unrelated Parties Adjustments for increase (decrease) in other operating payables Increase (Decrease) in Operating Payables to Related Parties Increase (Decrease) in Operating Payables to Unrelated Parties Adjustments for Increase (Decrease) in Working Decrease (Increase) in Assets Related with Operations Increase (Decrease) in Payables Related with Operations Cash Flows from (used in) Operations Payments Related with Provisions for Employee Benefits Income taxes refund (paid) CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES Proceeds from sales of property, plant, equipment and intangible assets Proceeds from sales of property, plant and equipment Proceeds from sales of intangible assets Purchase of Property, Plant, Equipment and Intangible Assets

9 Purchase of property, plant and equipment Purchase of intangible assets Cash Inflows from Sale of Investment Property CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES Proceeds from Issuing Shares or Equity Instruments Proceeds from issuing shares Payments to Acquire Entity's Shares or Equity Instruments Proceeds from borrowings Proceeds from Loans Proceeds from Factoring Transactions Repayments of borrowings Loan Repayments Payments of Issued Debt Instruments Cash Outflows from Factoring Transactions Payments of Finance Lease Liabilities Interest paid Interest Received NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS BEFORE EFFECT OF EXCHANGE RATE CHANGES Net increase (decrease) in cash and cash equivalents CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE PERIOD CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD

10 Statement of changes in equity [abstract] Presentation Currency Nature of Financial Statements TL Consolidated Equity Equity attributable to owners of parent [member] Footnote Reference Issued Inflation Adjustments on Balancing Account for Merger Additional Contribution Advance of Shareholders Treasury Shares Adjustments due to CrossOwnership Share premiums or discounts Effects of Combinations of Entities or Businesses Under Common Control Put Option Revaluation Fund Related with Noncontrolling Interests Share Based Payments Accumulated Gains (Losses) from Investments in Equity Instruments Accumulated Comprehensive Income That Will Not Be Reclassified In Profit Or Loss Gains/Losses on Revaluation and Remeasurement [member] Increases ( Decreases) on Revaluation of Property, Plant and Equipment Increases ( Decreases) on Revaluation of Intangible Assets Gains (Losses) on Remeasurements of Defined Benefit Plans Revaluation Increases ( Decreases) Gains (Losses) Due to Change in Fair Value of Financial Liability Attributable to Change in Credit Risk of Liability Gains (Losses) on Hedging Instruments that Hedge Investments in Equity Instruments Share Of Comprehensive İncome Of Associates And Joint Ventures Accounted for Using Equity Method that will not be Reclassified to Profit or Loss Exchange Differences on Translation Reserves Of Gains ( Losses) Exchange Differences on Translation Reserve Of Gains or Losses on Hedge Cash Flow Hedges Gains or Losses on Hedges of Net Investment in Foreign Operations Gains or Losses on Hedge Accumulated Comprehensive Income That Will Be Reclassified In Profit Or Loss Gains (Losses) on Revaluation and Reclassification Gains (Losses) on Remeasuring and/or Reclassification of Availableforsale Financial Assets Gains (Losses) from Financial Assets Measured at Fair Value through Comprehensive Income Reserve of Remeasuring or Reclassification Adjustments Change in Value of Time Value of Options Change in Value of Forward Elements of Forward Contracts Change in Value of Foreign Currency Basis Spreads Share of Comprehensive Income of Associates and Joint Ventures Accounted for Using Equity Method that will be Reclassified to Profit or Loss Gains ( Losses ) Restricted Reserves Appropriated From Profits [member] equity interest [ member ] reserves [ member ] Advance Dividend Payments (Net) Retained Earnings Prior Years' Profits or Losses Net Profit or Loss Noncontrolling interests [ member] Statement of changes in equity [abstract] Statement of changes in equity [line items] Equity at beginning of period Adjustments Related to Accounting Policy Changes Adjustments Related to Required Changes in Accounting Policies Adjustments Related to Voluntary Changes in Accounting Policies Adjustments Related to Errors Restatements Restated Balances Transfers Total Comprehensive Income (Loss) Profit (loss) Comprehensive Income (Loss) Issue of equity Decrease Advance Effect of Merger or Liquidation or Division Effects of Business Combinations Under Common Control Advance Dividend Payments Previous Period Dividends Paid Decrease through Distributions to Owners Increase (Decrease) through Treasury Share Transactions Increase (Decrease) through ShareBased Payment Transactions Acquisition or Disposal of a Subsidiary Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity Transactions with noncontrolling shareholders Increase through Contributions by Owners Amount Removed from Reserve of Cash Flow Hedges and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which Fair Value Hedge of Time Value of Options and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which Fair Value Hedge of Forward Elements of Forward Contracts and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which Fair Value Hedge of Foreign Currency Basis Spreads and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which fair Value Hedge Increase (decrease) through other changes, equity Equity at end of period Statement of changes in equity [abstract] Statement of changes in equity [line items] Equity at beginning of period Adjustments Related to Accounting Policy Changes Adjustments Related to Required Changes in Accounting Policies Adjustments Related to Voluntary Changes in Accounting Policies Adjustments Related to Errors Restatements Restated Balances Transfers Total Comprehensive Income (Loss) Profit (loss) Comprehensive Income (Loss) Issue of equity Decrease Advance Effect of Merger or Liquidation or Division Effects of Business Combinations Under Common Control Advance Dividend Payments

11 Current Period Dividends Paid Decrease through Distributions to Owners Increase (Decrease) through Treasury Share Transactions Increase (Decrease) through ShareBased Payment Transactions Acquisition or Disposal of a Subsidiary Increase (decrease) through changes in ownership interests in subsidiaries that do not result in loss of control, equity Transactions with noncontrolling shareholders Increase through Contributions by Owners Amount Removed from Reserve of Cash Flow Hedges and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which Fair Value Hedge of Time Value of Options and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which Fair Value Hedge of Forward Elements of Forward Contracts and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which Fair Value Hedge of Foreign Currency Basis Spreads and Included in Initial Cost or Carrying Amount of NonFinancial Asset (Liability) or Firm Commitment for which fair Value Hedge Increase (decrease) through other changes, equity Equity at end of period