CONSOLIDATED STATEMENT OF INCOME OF YALINKAYA HOLDING INC.                                                                                                                                                                                              01.01.2006 - 31.12.2006                                                                                                                                                                                                                                        ( Currency : USD )
  CURRENT PERIOD 
2006,12
     
 A) GROSS SALES 3.615.480.165  
1- Domestic Sales   3.363.778.690
2- Export Sales   244.919.471
3- Other Sales   6.782.004
     
B) SALES DEDUCTIONS ( - ) (3.771.968)  
1- Sales Returns ( - )   (2.829.765)
2- Sales Discounts ( - )   (942.203)
3- Other Deductions ( - )    
     
C) NET SALES 3.611.708.197  
     
D) COST OF SALES ( - ) (3.573.516.673)  
     
GROSS PROFIT ( LOSS ) 38.191.524  
     
E) OPERATING EXPENSES ( - ) (20.848.913)  
1- Research and Development Expenses ( - )   (291.180)
2- Marketing, Selling and Distribution Expenses ( - )   (11.040.813)
3- General Administration Expenses ( - )   (9.516.920)
     
OPERATING PROFIT (LOSS) 17.342.611  
     
F) INCOME AND PROFIT FROM OTHER OPERATIONS 37.501.078  
1- Dividend Income from Affiliates    
2- Dividend Income from Subsidiaries     
3- Interest and Other Dividend Income   561.322
4- Other Income and Profit    36.939.756
     
G) EXPENSES AND LOSSES FROM OTHER OPERATIONS ( - ) (42.858.597)  
     
H) FINANCIAL EXPENSES ( - ) (2.430.534)  
1- Short Term Financial Expenses ( - )   (2.430.534)
2- Long Term Financial Expenses ( - )    
     
OPERATING PROFIT ( LOSS ) 9.554.558  
I) EXTRAORDINARY REVENUES AND PROFITS 35.289  
1- Provisions No Longer Required    794
2- Previous Period Revenues and Profits    
3- Other Extraordinary Revenues and Profits   34.495
     
J) EXTRAORDINARY EXPENSES AND LOSSES (697.833)  
1- Idle Capacity Expenses and Losses ( - )    
2- Previous Period Expenses and Losses ( - )    
3- Other Extraordinary Expenses and Losses ( - )   (697.833)
     
K) PROVISIONS FOR TAXES PAYABLE AND OTHER STATUTORY  OBLIGATIONS ( - ) (283.150)  
1- Current Period Tax Provision   (181.223)
2- Deferred Tax Provision   (101.927)
     
NET PROFIT  ( LOSS ) FOR THE YEAR  8.608.864