Participations & Subsidiaries
Subsidiaries that have been included in consolidation and their effective share rates are As of 30.09.2021:
(*) Although the total effective shareholding rate is less than 50%, considering the capital structure of the companies, the parent is exposed to the variable returns of these companies, is entitled to these returns and has the opportunity to affect these returns with its power; therefore she controls and consolidates these companies.
Affiliates included in consolidation and effective partnership rates as of 30.09.2021:
|Consolidated Subsidiaries||Effective Share %|
|İhlas Chinasilkroadgroup Finansal Danışmanlık A.Ş. (**)||7,21|
|İhlas Chinasilkroadgroup Commodity Dış Ticaret A.Ş. (**)||8,05|
(**) It is considered as an affiliate due to representation in the board of directors or equivalent administrative body of the investee and the important transactions between the investor and the investee.