{"id":2184,"date":"2026-04-23T17:52:33","date_gmt":"2026-04-23T14:52:33","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2184"},"modified":"2026-04-23T18:07:25","modified_gmt":"2026-04-23T15:07:25","slug":"gda-sektrnde-dev-byme-ulusoy-unun-2025-konsolide-raporu-ve-italya-kartmas","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2184","title":{"rendered":"G\u0131da Sekt\u00f6r\u00fcnde Dev B\u00fcy\u00fcme: Ulusoy Un\u2019un 2025 Konsolide Raporu ve \u0130talya \u00c7\u0131kartmas\u0131"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34 ULUUN 2025\/12 Bilan\u00e7o Analizi | Ulusoy Un Sanayi\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/FKtWzMkzHIQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<pre>\ud83d\udd34 ULUUN 2025\/12 Bilan\u00e7o Analizi | Ulusoy Un Sanayi\r\nUlusoy Un 2025 Y\u0131l\u0131 Konsolide Finansal Raporu \u00d6ne \u00c7\u0131kan Geli\u015fmeler\r\nBa\u011f\u0131ms\u0131z denet\u00e7i raporu grubun 31 Aral\u0131k 2025 tarihli finansal durumunu TFRS standartlar\u0131na tam uyumlu ve ger\u00e7e\u011fe uygun bulmu\u015ftur\r\nGrubun y\u0131ll\u0131k has\u0131lat\u0131 66,9 milyar TL seviyesine ula\u015farak operasyonel b\u00fcy\u00fcmesini s\u00fcrd\u00fcrm\u00fc\u015ft\u00fcr\r\nNet d\u00f6nem zarar\u0131 bir \u00f6nceki y\u0131la g\u00f6re \u00f6nemli bir iyile\u015fme g\u00f6stererek 114,9 milyon TL seviyesine gerilemi\u015ftir\r\nDikey b\u00fcy\u00fcme stratejisi do\u011frultusunda \u0130talyan makarna \u00fcreticisi Pastificio Mediterranea \u015firketinin y\u00fczde 85 pay\u0131 sat\u0131n al\u0131nm\u0131\u015ft\u0131r\r\n\u0130talyan \u015firketinin sat\u0131n al\u0131nmas\u0131yla 281,6 milyon TL tutar\u0131nda pazarl\u0131kl\u0131 sat\u0131n alma kazanc\u0131 elde edilmi\u015ftir\r\nABD pazar\u0131ndaki varl\u0131\u011f\u0131n\u0131 g\u00fc\u00e7lendirmek amac\u0131yla Rudi\u2019s Organic markas\u0131na y\u00fczde 12,65 oran\u0131nda i\u015ftirak edilmi\u015ftir\r\nRaporlama d\u00f6nemi sonras\u0131 ger\u00e7ekle\u015fen kapasite art\u0131\u015flar\u0131 ile grubun toplam \u00fcretim kapasitesi g\u00fcnl\u00fck 4.686 tona y\u00fckseltilmi\u015ftir\r\n\u015eirketin toplam varl\u0131klar\u0131 44,8 milyar TL seviyesine ula\u015f\u0131rken \u00f6zkaynak b\u00fcy\u00fckl\u00fc\u011f\u00fc 14,9 milyar TL olarak kaydedilmi\u015ftir\r\nFinansal tablolar y\u00fcksek enflasyon muhasebesi standartlar\u0131na (TMS 29) g\u00f6re 31 Aral\u0131k 2025 sat\u0131n alma g\u00fcc\u00fc baz al\u0131narak yeniden d\u00fczenlenmi\u015ftir<\/pre>\n<h1>ULUSOY UN SANAY\u0130 VE T\u0130CARET A.\u015e. 2025 YILI KONSOL\u0130DE F\u0130NANSAL VE DENET\u0130M BR\u0130F\u0130NG\u0130<\/h1>\n<p>Bu belge, Ulusoy Un Sanayi ve Ticaret A.\u015e. (&#8220;\u015eirket&#8221;) ve ba\u011fl\u0131 ortakl\u0131klar\u0131n\u0131n (&#8220;Grup&#8221;) 1 Ocak \u2013 31 Aral\u0131k 2025 hesap d\u00f6nemine ait konsolide finansal tablolar\u0131n\u0131 ve ba\u011f\u0131ms\u0131z denet\u00e7i raporunu sentezleyerek sunmaktad\u0131r.<\/p>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Ulusoy Un\u2019un 2025 y\u0131l\u0131 finansal raporlamas\u0131, T\u00fcrkiye Finansal Raporlama Standartlar\u0131 (TFRS) ve TMS 29 (Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama) h\u00fck\u00fcmleri \u00e7er\u00e7evesinde haz\u0131rlanm\u0131\u015ft\u0131r. G\u00fc\u00e7bir Ba\u011f\u0131ms\u0131z Denetim A.\u015e. taraf\u0131ndan y\u00fcr\u00fct\u00fclen denetim sonucunda, Grubun finansal durumu ve performans\u0131na ili\u015fkin <b>olumlu (unqualified) g\u00f6r\u00fc\u015f<\/b> beyan edilmi\u015ftir.<\/p>\n<p>2025 y\u0131l\u0131 sonunda Grubun toplam varl\u0131klar\u0131 <b>44,9 milyar TL<\/b>&#8216;ye ula\u015f\u0131rken, toplam has\u0131lat\u0131 <b>66,9 milyar TL<\/b> olarak ger\u00e7ekle\u015fmi\u015ftir. Br\u00fct k\u00e2r 3 milyar TL seviyesinde ger\u00e7ekle\u015fmesine ra\u011fmen, y\u00fcksek finansman giderlerinin etkisiyle d\u00f6nem <b>114,9 milyon TL net zarar<\/b> ile kapat\u0131lm\u0131\u015ft\u0131r. Grubun stratejik olarak dikey b\u00fcy\u00fcme ve uluslararas\u0131 emtia ticareti odakl\u0131 yat\u0131r\u0131mlar\u0131, \u00f6zellikle \u0130talya ve ABD merkezli i\u015ftirakler \u00fczerinden devam etmektedir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Ba\u011f\u0131ms\u0131z Denetim Bulgular\u0131 ve G\u00f6r\u00fc\u015f\u00fc<\/h2>\n<p>G\u00fc\u00e7bir Ba\u011f\u0131ms\u0131z Denetim A.\u015e. taraf\u0131ndan haz\u0131rlanan 22 Nisan 2026 tarihli rapor, Grubun finansal tablolar\u0131n\u0131n ger\u00e7e\u011fe uygunlu\u011funu teyit etmektedir.<\/p>\n<h3>1.1. Denet\u00e7i G\u00f6r\u00fc\u015f\u00fc ve Dikkat \u00c7ekilen Hususlar<\/h3>\n<ul>\n<li><b>G\u00f6r\u00fc\u015f:<\/b> Konsolide finansal tablolar, Grubun finansal durumunu ve performans\u0131n\u0131 t\u00fcm \u00f6nemli y\u00f6nleriyle TFRS&#8217;ye uygun ve ger\u00e7e\u011fe uygun bir bi\u00e7imde sunmaktad\u0131r.<\/li>\n<li><b>Stok Say\u0131m\u0131:<\/b> Denetim s\u00f6zle\u015fmesinin d\u00f6nem sonras\u0131nda imzalanmas\u0131 nedeniyle, 31 Aral\u0131k 2025 tarihindeki fiziki stok say\u0131m\u0131na kat\u0131l\u0131m sa\u011flanamam\u0131\u015ft\u0131r. Ancak, alternatif denetim prosed\u00fcrleri ile stoklar\u0131n varl\u0131\u011f\u0131 ve de\u011ferlemesine ili\u015fkin yeterli kan\u0131t elde edilmi\u015ftir.<\/li>\n<\/ul>\n<h3>1.2. Kilit Denetim Konusu: Has\u0131lat\u0131n Kaydedilmesi<\/h3>\n<p>Has\u0131lat, y\u00fcksek i\u015flem hacmi ve stratejik \u00f6nemi nedeniyle &#8220;Kilit Denetim Konusu&#8221; olarak belirlenmi\u015ftir. Denetim s\u00fcrecinde;<\/p>\n<ul>\n<li>Sat\u0131\u015f s\u00fcre\u00e7leri ve i\u00e7 kontroller test edilmi\u015f,<\/li>\n<li>Has\u0131lat\u0131n muhasebe politikalar\u0131n\u0131n TFRS&#8217;ye uygunlu\u011fu de\u011ferlendirilmi\u015f,<\/li>\n<li>D\u00f6nemsellik ilkesine uygunluk ve ticari alacak bakiyeleri i\u00e7in m\u00fc\u015fteri do\u011frulamalar\u0131 ger\u00e7ekle\u015ftirilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Finansal Durum Analizi (Bilan\u00e7o)<\/h2>\n<p>Grubun varl\u0131k yap\u0131s\u0131 ve kaynak da\u011f\u0131l\u0131m\u0131, 31 Aral\u0131k 2025 itibar\u0131yla TMS 29 enflasyon d\u00fczeltmesine tabi tutulmu\u015f sat\u0131n alma g\u00fcc\u00fc cinsinden sunulmu\u015ftur.<\/p>\n<h3>2.1. Varl\u0131k Yap\u0131s\u0131<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Varl\u0131k Kalemi<\/td>\n<td>31 Aral\u0131k 2025 (TL)<\/td>\n<td>31 Aral\u0131k 2024 (TL)<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td><b>28.609.867.954<\/b><\/td>\n<td><b>25.761.211.572<\/b><\/td>\n<\/tr>\n<tr>\n<td>Nakit ve Nakit Benzerleri<\/td>\n<td>5.928.683.357<\/td>\n<td>5.802.753.461<\/td>\n<\/tr>\n<tr>\n<td>Ticari Alacaklar<\/td>\n<td>11.418.255.262<\/td>\n<td>10.203.725.101<\/td>\n<\/tr>\n<tr>\n<td>Stoklar<\/td>\n<td>2.864.202.196<\/td>\n<td>2.977.828.065<\/td>\n<\/tr>\n<tr>\n<td><b>Duran Varl\u0131klar<\/b><\/td>\n<td><b>16.286.517.172<\/b><\/td>\n<td><b>15.698.157.643<\/b><\/td>\n<\/tr>\n<tr>\n<td>Maddi Duran Varl\u0131klar<\/td>\n<td>13.058.044.702<\/td>\n<td>12.199.246.069<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>44.896.385.126<\/b><\/td>\n<td><b>41.459.369.215<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.2. Kaynak Yap\u0131s\u0131 ve \u00d6zkaynaklar<\/h3>\n<ul>\n<li><b>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler:<\/b> 22,7 milyar TL seviyesindedir. Bu tutar\u0131n 19,4 milyar TL\u2019si ticari bor\u00e7lardan olu\u015fmaktad\u0131r.<\/li>\n<li><b>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler:<\/b> 2024&#8217;teki 3,8 milyar TL seviyesinden 7,2 milyar TL&#8217;ye y\u00fckselmi\u015ftir. Bu art\u0131\u015f temel olarak uzun vadeli bor\u00e7lanmalardaki b\u00fcy\u00fcmeden kaynaklanmaktad\u0131r.<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> Toplam \u00f6zkaynaklar 14,96 milyar TL&#8217;dir. 750 milyon TL \u00f6denmi\u015f sermayeye ek olarak, 4,38 milyar TL tutar\u0131nda maddi duran varl\u0131k yeniden de\u011ferleme art\u0131\u015flar\u0131 \u00f6zkaynak yap\u0131s\u0131nda \u00f6nemli bir yer tutmaktad\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Operasyonel Performans (K\u00e2r veya Zarar)<\/h2>\n<p>Grup, 2025 y\u0131l\u0131nda has\u0131lat\u0131n\u0131 art\u0131rmas\u0131na ra\u011fmen k\u00e2rl\u0131l\u0131k noktas\u0131nda bask\u0131 alt\u0131nda kalm\u0131\u015ft\u0131r.<\/p>\n<h3>3.1. Gelir Tablosu \u00d6zeti<\/h3>\n<ul>\n<li><b>Has\u0131lat:<\/b> 66.937.959.039 TL (\u00d6nceki d\u00f6nem: 64,03 milyar TL).<\/li>\n<li><b>Br\u00fct K\u00e2r:<\/b> 3.006.687.119 TL.<\/li>\n<li><b>Esas Faaliyet K\u00e2r\u0131:<\/b> 2.744.235.234 TL.<\/li>\n<li><b>Finansman Giderleri (Net):<\/b> 3,59 milyar TL finansman gelirine kar\u015f\u0131l\u0131k 6,55 milyar TL finansman gideri kaydedilmi\u015ftir.<\/li>\n<li><b>D\u00f6nem Net Zarar\u0131:<\/b> 114.931.231 TL (Ana ortakl\u0131k pay\u0131na d\u00fc\u015fen zarar: 130.938.459 TL).<\/li>\n<\/ul>\n<h3>3.2. Maliyet ve Gider Analizi<\/h3>\n<ul>\n<li><b>Sat\u0131\u015flar\u0131n Maliyeti:<\/b> 63,9 milyar TL ile has\u0131lat\u0131n %95,5&#8217;ini olu\u015fturmaktad\u0131r.<\/li>\n<li><b>Pazarlama Giderleri:<\/b> 1,55 milyar TL&#8217;den (2024) 1,04 milyar TL&#8217;ye (2025) d\u00fc\u015f\u00fc\u015f g\u00f6stererek operasyonel verimlili\u011fe katk\u0131 sa\u011flam\u0131\u015ft\u0131r.<\/li>\n<li><b>Net Parasal Pozisyon Kazanc\u0131:<\/b> Enflasyon muhasebesi uygulamas\u0131 sonucunda 29.081.365 TL tutar\u0131nda net parasal pozisyon kazanc\u0131 elde edilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Grup Organizasyonu ve Stratejik Yat\u0131r\u0131mlar<\/h2>\n<p>Ulusoy Un, 1989 y\u0131l\u0131nda Samsun\u2019da kurulmu\u015f olup bug\u00fcn uluslararas\u0131 \u00f6l\u00e7ekte geni\u015f bir i\u015ftirak yap\u0131s\u0131na sahiptir. 2025 sonu itibar\u0131yla \u00e7al\u0131\u015fan say\u0131s\u0131 902 ki\u015fidir.<\/p>\n<h3>4.1. \u00d6nemli Ba\u011fl\u0131 Ortakl\u0131klar ve Pay Oranlar\u0131<\/h3>\n<ul>\n<li><b>S\u00f6ke De\u011firmencilik San. ve Tic. A.\u015e. (%75,49):<\/b> T\u00fcrkiye pazar\u0131nda unlu mamuller \u00fcretiminde kritik role sahiptir.<\/li>\n<li><b>Pastificio Mediterranea S.r.l. (%85):<\/b> 2024 sonunda \u0130talya&#8217;da sat\u0131n al\u0131nan bu \u015firket, Grubun y\u00fcksek katma de\u011ferli makarna \u00fcretimi stratejisinin bir par\u00e7as\u0131d\u0131r.<\/li>\n<li><b>Rolweg SA (%100):<\/b> Cenevre\/\u0130svi\u00e7re merkezli tah\u0131l ticareti koludur.<\/li>\n<li><b>Ulida\u015f Tar\u0131m \u00dcr\u00fcnleri (%100):<\/b> Lisansl\u0131 depoculuk faaliyetlerini y\u00fcr\u00fctmektedir.<\/li>\n<li><b>Edel Food ve Agromark (%100):<\/b> 2024 ba\u015f\u0131nda Malta\u2019da kurulan uluslararas\u0131 emtia ticareti \u015firketleridir.<\/li>\n<\/ul>\n<h3>4.2. Finansal Yat\u0131r\u0131mlar<\/h3>\n<ul>\n<li><b>Rudi&#8217;s Organic and Gluten Free Brands Inc. (%12,65):<\/b> ABD merkezli organik ve glutensiz g\u0131da \u00fcreticisine yap\u0131lan bu yat\u0131r\u0131m\u0131n piyasa de\u011feri 31 Aral\u0131k 2025 itibar\u0131yla 63,9 milyon USD olarak takdir edilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. Muhasebe Politikalar\u0131 ve Enflasyon Muhasebesi (TMS 29)<\/h2>\n<p>Finansal tablolar, TL&#8217;nin sat\u0131n alma g\u00fcc\u00fcndeki de\u011fi\u015fimi yans\u0131tmak amac\u0131yla d\u00fczeltilmi\u015ftir.<\/p>\n<ul>\n<li><b>D\u00fczeltme Katsay\u0131lar\u0131:<\/b> 31 Aral\u0131k 2025 endeksi 3.513,87; 31 Aral\u0131k 2024 endeksi 2.684,55 olarak kullan\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>\u00dc\u00e7 Y\u0131ll\u0131k K\u00fcm\u00fclatif Enflasyon:<\/b> %211 olarak hesaplanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Uygulama Esaslar\u0131:<\/b> Parasal kalemler d\u00fczeltilmemi\u015f, parasal olmayan kalemler (stoklar, maddi duran varl\u0131klar, \u00f6zkaynaklar) ilgili tarihli katsay\u0131larla raporlama tarihindeki sat\u0131n alma g\u00fcc\u00fcne getirilmi\u015ftir.<\/li>\n<\/ul>\n<h2>Sonu\u00e7<\/h2>\n<p>Ulusoy Un, 2025 y\u0131l\u0131n\u0131 operasyonel anlamda b\u00fcy\u00fcme ile kapat\u0131rken, y\u00fcksek finansman maliyetleri ve ekonomik konjonkt\u00fcr nedeniyle net zarar a\u00e7\u0131klam\u0131\u015ft\u0131r. Ancak, geni\u015fleyen uluslararas\u0131 i\u015ftirak yap\u0131s\u0131 ve y\u00fcksek varl\u0131k taban\u0131, Grubun stratejik konumunu korudu\u011funu g\u00f6stermektedir.<\/p>\n<h3 class=\"paragraph is-rich-chat-ui heading2 ng-star-inserted\" role=\"heading\" data-start-index=\"5769\" aria-level=\"2\"><span class=\"ng-star-inserted\" data-start-index=\"5769\">Kapsaml\u0131 S\u00f6zl\u00fck<\/span><\/h3>\n<table class=\"is-rich-chat-ui\" data-start-index=\"5793\">\n<tbody>\n<tr class=\"ng-star-inserted\">\n<th class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"5793\"><span class=\"ng-star-inserted\" data-start-index=\"5793\">Terim<\/span><\/div>\n<\/th>\n<th class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"5798\"><span class=\"ng-star-inserted\" data-start-index=\"5798\">Tan\u0131m<\/span><\/div>\n<\/th>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"5803\"><b class=\"ng-star-inserted\" data-start-index=\"5803\">TFRS<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"5807\"><span class=\"ng-star-inserted\" data-start-index=\"5807\">T\u00fcrkiye Finansal Raporlama Standartlar\u0131; \u015firketlerin finansal tablolar\u0131n\u0131 haz\u0131rlarken uymak zorunda olduklar\u0131 uluslararas\u0131 uyumlu kurallar b\u00fct\u00fcn\u00fcd\u00fcr.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"5956\"><b class=\"ng-star-inserted\" data-start-index=\"5956\">TMS 29<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"5962\"><span class=\"ng-star-inserted\" data-start-index=\"5962\">Y\u00fcksek Enflasyonlu Ekonomilerde Finansal Raporlama Standard\u0131; paran\u0131n sat\u0131n alma g\u00fcc\u00fcndeki de\u011fi\u015fimlerin finansal tablolara yans\u0131t\u0131lmas\u0131n\u0131 sa\u011flayan muhasebe standard\u0131d\u0131r.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6131\"><b class=\"ng-star-inserted\" data-start-index=\"6131\">Kilit Denetim Konusu<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6151\"><span class=\"ng-star-inserted\" data-start-index=\"6151\">Ba\u011f\u0131ms\u0131z denet\u00e7inin mesleki muhakemesine g\u00f6re cari d\u00f6nemin denetiminde en \u00e7ok \u00f6nem arz eden, riskli veya karma\u015f\u0131k g\u00f6r\u00fclen konulard\u0131r.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6284\"><b class=\"ng-star-inserted\" data-start-index=\"6284\">Konsolide Finansal Tablo<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6308\"><span class=\"ng-star-inserted\" data-start-index=\"6308\">Bir ana ortakl\u0131k ile onun kontrol\u00fc alt\u0131ndaki ba\u011fl\u0131 ortakl\u0131klar\u0131n varl\u0131k, bor\u00e7, \u00f6zkaynak, gelir ve giderlerinin tek bir \u015firketmi\u015f gibi sunuldu\u011fu tablolard\u0131r.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6464\"><b class=\"ng-star-inserted\" data-start-index=\"6464\">\u015eerefiye (Goodwill)<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6483\"><span class=\"ng-star-inserted\" data-start-index=\"6483\">Bir i\u015fletmenin sat\u0131n al\u0131nma bedeli ile tan\u0131mlanabilir net varl\u0131klar\u0131n\u0131n ger\u00e7e\u011fe uygun de\u011feri aras\u0131ndaki pozitif farkt\u0131r.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6603\"><b class=\"ng-star-inserted\" data-start-index=\"6603\">Has\u0131lat<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6610\"><span class=\"ng-star-inserted\" data-start-index=\"6610\">\u0130\u015fletmenin ola\u011fan faaliyetleri \u00e7er\u00e7evesinde mal sat\u0131\u015f\u0131 veya hizmet sunumu kar\u015f\u0131l\u0131\u011f\u0131nda elde etti\u011fi br\u00fct ekonomik yarard\u0131r.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6732\"><b class=\"ng-star-inserted\" data-start-index=\"6732\">\u0130\u015fletmenin S\u00fcreklili\u011fi<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6754\"><span class=\"ng-star-inserted\" data-start-index=\"6754\">Bir i\u015fletmenin \u00f6ng\u00f6r\u00fclebilir gelecekte (genellikle bir y\u0131l) faaliyetlerini devam ettirece\u011fi varsay\u0131m\u0131d\u0131r.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6859\"><b class=\"ng-star-inserted\" data-start-index=\"6859\">\u00d6zkaynak Y\u00f6ntemi<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"6875\"><span class=\"ng-star-inserted\" data-start-index=\"6875\">Bir i\u015ftirakteki yat\u0131r\u0131m\u0131n ba\u015flang\u0131\u00e7ta maliyet bedeliyle kaydedildi\u011fi ve sonras\u0131nda yat\u0131r\u0131m yap\u0131lan \u015firketin net varl\u0131klar\u0131ndaki de\u011fi\u015fimlere g\u00f6re d\u00fczeltildi\u011fi muhasebe y\u00f6ntemidir.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7053\"><b class=\"ng-star-inserted\" data-start-index=\"7053\">Ertelenmi\u015f Vergi<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7069\"><span class=\"ng-star-inserted\" data-start-index=\"7069\">Varl\u0131k veya y\u00fck\u00fcml\u00fcl\u00fcklerin muhasebe de\u011feri ile vergi matrah\u0131 aras\u0131ndaki ge\u00e7ici farklardan kaynaklanan gelecek d\u00f6nem vergi etkisidir.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7202\"><b class=\"ng-star-inserted\" data-start-index=\"7202\">Amortisman<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7212\"><span class=\"ng-star-inserted\" data-start-index=\"7212\">Maddi duran varl\u0131klar\u0131n a\u015f\u0131nma, y\u0131pranma veya eskime pay\u0131n\u0131 ifade eden, varl\u0131\u011f\u0131n faydal\u0131 \u00f6mr\u00fc boyunca maliyetinin giderle\u015ftirilmesidir.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7347\"><b class=\"ng-star-inserted\" data-start-index=\"7347\">Akreditif<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7356\"><span class=\"ng-star-inserted\" data-start-index=\"7356\">D\u0131\u015f ticarette, bir bankan\u0131n \u015fartl\u0131 bir \u00f6deme garantisi vererek sat\u0131c\u0131ya \u00f6deme yapmay\u0131 taahh\u00fct etti\u011fi \u00f6deme \u015feklidir.<\/span><\/div>\n<\/td>\n<\/tr>\n<tr class=\"ng-star-inserted\">\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7472\"><b class=\"ng-star-inserted\" data-start-index=\"7472\">Reeskont<\/b><\/div>\n<\/td>\n<td class=\"ng-star-inserted\">\n<div class=\"paragraph is-rich-chat-ui table-paragraph normal ng-star-inserted\" data-start-index=\"7480\"><span class=\"ng-star-inserted\" data-start-index=\"7480\">Vadesi hen\u00fcz gelmemi\u015f senetli alacak ve bor\u00e7lar\u0131n raporlama tarihindeki de\u011ferine indirgenmesi i\u015flemidir.<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<button class=\"simplefavorite-button\" data-postid=\"2184\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Ulusoy Un 2025 y\u0131l\u0131 konsolide finansal raporunu yay\u0131mlayarak k\u00fcresel operasyonlar\u0131ndaki b\u00fcy\u00fcmeyi tescilledi. \u0130talya&#8217;daki stratejik sat\u0131n alma ve ABD yat\u0131r\u0131m\u0131 ile dikkat \u00e7eken \u015firket 66,9 milyar TL has\u0131lat ba\u015far\u0131s\u0131na imza att\u0131. Enflasyon muhasebesi uygulamalar\u0131 alt\u0131nda \u015fekillenen mali tablolar ve \u00fcretim kapasitesindeki dev art\u0131\u015f\u0131n t\u00fcm kritik detaylar\u0131 bu analizde sizi bekliyor<\/p>\n","protected":false},"author":6,"featured_media":1725,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[317],"class_list":["post-2184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-uluun"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2184"}],"version-history":[{"count":3,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2184\/revisions"}],"predecessor-version":[{"id":2189,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2184\/revisions\/2189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1725"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}