The largest asset size is in the manufacturing sector in Türkiye

Company Accounts were published in as a result of the joint work of Turkish Statistical Institute and The Central Bank of the Republic of Türkiye. In the 2021 study conducted using administrative data, the records of 934 thousand 550 enterprises that book-keeping on the basis of balance sheets were taken as basis. The current scope of the Company Accounts, it consists of enterprises with a representation share of approximately 88%, when compared with the turnover value of the annual industry and service statistics published by our institution.

In this study, income statement and balance sheet records compiled by the Revenue Administration, employment data provided by the Social Security Institution and credit balances compiled from Banks Association of Türkiye Risk Central were used.

According to the aggregated balance sheet of enterprises, in 2021, total asset size was 15 trillion 569 billion 930 million TL, total short and long term liabilities was 11 trillion 668 billion 761 million TL, while total stockholder’s equity was 3 trillion 901 billion 170 million TL.

Manufacturing sector was at the forefront among all sectors with its 4 trillion 866 billion 987 million TL asset size. The second in asset size was wholesale and retail trade; repair of motor vehicles and motorcycles sector with 3 trillion 493 billion 414 million TL. In terms of stockholder’s equity, while the manufacturing sector ranks first with 1 trillion 624 billion 254 million TL, followed by wholesale and retail trade; repair of motor vehicles and motorcycles sector with 923 billion 753 million TL, professional, scientific and technical activities with 363 billion 309 million TL, respectively.

Balance sheet summary by economic activities, 2021

The highest net profit was in the manufacturing sector; the highest net loss was in the transportation and storage sector

According to the aggregated income statement data of the enterprises, the aggregated financial year net profit of the total sectors in 2021 was 285 billion 297 million TL. Manufacturing sector was the sector with the highest net profit with 371 billion 85 million TL. While wholesale and retail trade; repair of motor vehicles and motorcycles sector with 121 billion 11 million TL, mining and quarrying sector with 47 billion 194 million TL were the other sectors producing net profit. The transportation and storage sector completed the year 2021 with a net loss of 107 billion 991 million TL, while the electricity, gas, stream and air conditioning supply sector completed with a net loss of 94 billion 239 million TL.

Income statement summary by economic activities, 2021

The highest export realized at manufacturing sector

According to the exports, the highest export was realized at the manufacturing sector with 1 trillion 431 billion 295 million TL. In wholesale and retail trade, repair of motor vehicles and motorcycles sector exports were 1 trillion 114 billion 446 million TL.

Companies net sales and operating profit increases in 2021

Net sales for financial year of all companies within company accounts scope was 14 trillion 733 billion 420 million TL, and total operating profit was 1 trillion 96 billion 342 million TL.

Net sales, operating profit or loss, period net profit or loss by years (billion TL), 2009-2021

The publication date of the next newsletter on this subject is September 2023.

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EXPLANATIONSYou can be accessed the tables prepared by The Central Bank of Republic of Türkiye for Company Accounts, 2021 from the link http://www3.tcmb.gov.tr/sektor/#/en