Financial Position 104 (Amounts expressed Turkish lira (“TL”) unless otherwise indicated.) A&T FİNANSAL KİRALAMA A.Ş. NOTES TO THE FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2024 A& FİNANSAL KİRAL MA A. Ş. NOTES TO THE FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2024 (Amounts expressed Turkish lira (“TL”) unless otherwise indicated.) 45 19 - NATURE AND LEVEL OF RISKS DERIVED FROM FINANCIAL INSTRUMENTS (Continued) Fair values of financial assets and liabilities that are carried with their fair values on the balance sheet are determined as follows: - First Level: Financial assets and liabilities are valued at the quoted prices (unadjusted) in an active market for identical assets and liabilities. - Second Level: Financial assets and liabilities are valued with the inputs used to determine a directly or indirectly observable price other than the quoted market price of the relevant asset or liability mentioned in Level 1. - Third Level: Financial assets and liabilities are valued with inputs that cannot be based on data observable in the market and used to determine the fair value of the asset or liability. As at 31 December 2024 and 2023, the Company does not have any financial assets and liabilities that are reflected in the financial statements at fair value. c. Capital management In Accordance with Article 12 of the “Regulation on Establishment and Operating Principles of Financial Leasing, Factoring and Financing Companies” published in the Official Gazette dated April 24, 2013, the Company is required to keep min 3% standards ratio calculated by dividing equity to total assets. The rate of Company is 19% according to calculation made as at 31 December 2024. 20 - OTHER MATTERS None (31 December 2023: None). 21 - FEES FOR SERVICES RECEIVED FROM INDEPENDENT AUDITOR/ AUDITOR'S FIRM In accordance with the decision of the Company's General Assembly dated March 19, 2024, the fee information for the reporting period regarding the services received from the independent audit firm is given in the table below based on VAT excluding amounts. 1 January – 31 December 2024 1 January – 31 December 2023 Independent audit fees in the reporting period 1,011,306 638,334 Fees for tax advisory -- -- Fees for other assurance services -- -- Fees for other services except independent audit -- -- Total 1,011,306 638,334 22 - SUBSEQUENT EVENTS None. ……………….
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