The managers of Holding INC. companies who are responsible for Financial Affairs will be in coordination with the Holding Financial Affairs Director about the subjects listed below and related computer applications;

Our basic aim in the current budget applications in our companies is to provide auto-control. We desire our units to constitute the administration philosphy which will help them self-train and improve by creating the vicious circle of Plan, Execute, Determine the deviations from the plan – setup a system which will carry the positive deviations on and dismiss the negative ones – and re-plan.

The method used to determine the standards related to Account Plan and Financial Reporting in our Group should provide efficiency for the decision-making process by constituting the infrastructure of the reports which will both be used either within the company or sent to Holding. It is the responsibility of the managers of Financial Affairs departments in our companies to consolidate the financial data and to acquire the statistical information according to the suitable processes and to comment on and report these data as well as taking the related precautions and making the studies needed to finish the monthly balance sheet and budget control reports within the first five days of each month. We desire the fiscal year end accounts to be completed in January.

One of the essentials of competing under market conditions is to achieve a reasonable rate of development. For this reason, using external resources besides our own resources is a part of our finance policy. However it should be consented that under these economic conditions, it is inevitable to make the advantage-cost analysis. The aim here is to plan the use of external resources when the conditions are in a balance and when the leverage is in favour of us. It is possible that cash excess may occur as well as the need of periodical external resources during the execution of our companies's operations. Depending on the fact that money is too expensive, we should pay more importance to the management of cash. In order to increase the efficiency either when assuaring the external resources or  when using the cash excess, company Financial Affairs Managers shall contact Holding and trade the resources among Holding companies under the rules of law.

It is of much importance to plan and update daily, weekly and monthly cash flows of our companies in means of our cash management.

We desire that the relation between us and the banks which we cooperate with and/or which we shall cooperate in the future, to be a profitable relation. The factor to be taken attention is to optimize the benefits by making the benefit-cost analysis during this relation.

Strategic partnership and halka açılma is important for us at HOLDING Inc. companies.

Making the financial analysis of all the companies in our group which will reply the questions "what was our position in the past", "what is our position today" and "in which position shall we be in the future" is of much importance. For this reason, it is necessary for our the Financial Affairs Departments in companies to use Management Information principles by means of their contemporary roles as well as performing our responsibility against our state.

As the HOLDING, we shall be in a relation and communication with the Financial Affairs managers of our companies about all financial matters in a way which will help us support and improve each other and create positive value for our companies and the group.