2017 Doğuş Group Annual Report

244 Pages·2017·12.67 MB·English

2017
ANNUAL
REPORT

2017
ANNUAL REPORT
ABOUT 02 DOĞUŞ CONTENTS
GROUP
2017
ANNUAL
REPORT
04 09 15
Operational Map Corporate Profile Credit Ratings
06 10 16
Key Financial Doğuş Holding Members of the
Indicators and its Functions Board of Directors
07 13 19
Financial and Operational Corporate Risk Management Committees Established
Highlights and Internal Audit by the Board of Directors
08 14 20
Consolidated Doğuş Group’s Approach Message from
Information by Segments Toward its Stakeholders the CEO
ABOUT 03 DOĞUŞ CONTENTS
GROUP
2017
ANNUAL
REPORT
24 68 102
Automotive Real Estate Corporate
Social Responsibility
34 78 108
Construction Energy Consolidated
Financial Statements
44 82
Media F&B
52 86
Tourism and Services New Initiatives
ABOUT 04 DOĞUŞ OPERATIONAL MAP
GROUP
2017
ANNUAL
REPORT
AMERICA 6. Greece
D-Marin Greece
1. USA D-Hotels & Resorts
d.ream Partnerships
D-Hotels & Resorts 7. Italy
D-Hotels & Resorts
2. Saint Barths d.ream Partnerships
D-Hotels & Resorts
8. Romania
EUROPE SC Motoractive Credit SA
Ralfi IFN SA
13. France
3. Bulgaria
9. Switzerland d.ream Partnerships
Doğuş Construction EODD
D-Auto Suisse SA
Doğuş Construction Bulgaria Branch
Doğuş SA - Geneva 14. Spain
Doğuş Construction Representative
MB’92
Office
10. The Netherlands D-Hotels & Resorts
D-Marin Investment Company BV
4. Croatia
d.ream International BV AFRICA
D-Marin
D-Hotels & Resorts
11. United Kingdom
15. Libya
d.ream Partnerships
5. Germany Doğuş Construction Libya Branch
Doğuş Media Group GMBH
12. Ukraine
Euromessage Deutschland GMBH 16. Morocco
Doğuş Construction L.L.C.
Doğuş Construction L.L.C.
Doğuş Construction Representative
Doğuş Construction Morocco Branch
Office
ABOUT 05 DOĞUŞ
GROUP
2017
ANNUAL
REPORT
ASIA 21. Oman 25. Thailand
Doğuş Construction Oman L.L.C. d.ream Partnerships
17. Azerbaijan
22. Qatar 26. United Arab
d.ream Franchise
Doğuş Construction L.L.C. Emirates
Doğuş Construction Qatar Doğuş Management Services Ltd.
18. China
Branch d.ream Partnerships
d.ream Partnerships
REIDIN Headquarters
23. Russia
19. North Iraq
d.ream Franchises 27. Kyrgyzstan
D-Auto L.L.C.
Doğuş Avenu L.L.C. Doğuş Construction Kyrgyzstan
- Crate and Barrel Branch
20. Kazakhstan
Doğuş Construction Kazakhstan
24. Saudi Arabia
Branch
Doğuş Construction Saudi Arabia
Doğuş L.L.C.
Branch
KEY FINANCIAL
INDICATORS
(TL THOUSAND)
TOTAL ASSETS
36,542,513
REVENUES
20,383,133
GROSS PROFIT
2,436,678
2013 2014 2015 2016
Total Assets 20,748,914 26,854,001 29,411,241 34,971,104
Total Shareholders' Equity 10,586,002 10,626,543 10,992,945 8,459,088
Revenues 8,644,506 10,372,853 14,782,598 17,559,822
Net Profit for the Year 127,591 60,739 (432,841) (2,126,083)
Gross Profit 1,083,348 1,185,416 1,519,199 1,694,309
Profit before Net Finance Cost 1,036,479 1,046,099 1,735,479 144,168
ABOUT 07 DOĞUŞ FINANCIAL AND
GROUP
2017
ANNUAL OPERATIONAL HIGHLIGHTS
REPORT
2013 2014 2015 2016 2017
Banking and Finance
Segment Assets 6,055,545 7,063,906 3,295,202 3,739,155 -
Total Interest and Commission Income - - - - -
Automotive
Segment Assets 2,122,790 2,538,297 3,660,224 4,528,387 4,996,214
Revenue 6,604,260 7,694,772 10,891,069 11,927,635 13,223,499
Construction
Segment Assets 1,083,802 1,675,571 2,444,333 2,969,001 3,652,409
Revenue 449,154 800,605 1,595,468 2,367,530 2,923,556
Media
Segment Assets 1,591,177 1,498,397 1,674,877 1,511,772 1,463,137
Revenue 818,749 746,683 648,599 621,909 664,072
Tourism and Services
Segment Assets 2,336,769 3,199,053 4,925,183 7,511,881 9,003,308
Revenue 348,148 480,882 610,097 1,092,889 1,427,625
Energy
Segment Assets 993,933 1,653,824 2,253,241 2,239,242 2,261,469
Revenue 62,082 68,840 114,942 565,184 676,047
Other Industrial Segments
Segment Assets 6,564,898 9,224,953 11,158,181 12,471,666 15,165,976
Revenue 362,113 581,071 922,423 984,675 1,468,334
ABOUT 08 DOĞUŞ CONSOLIDATED INFORMATION
GROUP
2017
ANNUAL BY SEGMENTS
REPORT
6% Energy
14% Automotive
TOTAL
ASSETS 10% Construction
4% Media
25% Tourism and Services
42% Others
TOTAL
REVENUE
3% Energy
65% Automotive
14% Construction
3% Media
7% Tourism and Services
7% Others