Page 26 - Engilish 2015 Annual Report
P. 26

Osmangazi Bridge, Dilovası/Kocaeli-Altınova/Yalova/TURKEY                     Sulaymaniyah Silo Project, Sulaimania/IRAQ


         Progress in our Ordu Ring Road Project has reached the level of   The civil works are also in progress in our NUROL Life
         80% realization rate as of  2015 and the Employer has granted us   Multipurpose Complex and NUROL Park projects
         a    20%  additional  contract. The construction  works  at  Ordu   implemented in Istanbul as NUROL Group investments. A
         Peripheral Highway Project have exceeded %80 as of 2015.   multi - floor complex with a total of 138.000 m  closed area
                                                                                                      2
         There are 3 double tube tunnels with a total length of 6,5 km, 4   is being built under our NUROL Life Project and nine multi
         viaducts with a total length of 2,4 km, 3 bridges, 5 intersections   - purpose blocks with a total 273.000 m  closed area are
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         in the 21,4 km long 2x2 lane Ordu Orbital Highway.     being constructed under NUROL Park Project on turn - key
                                                                basis.
         The works are in progress in our NUROL Tower Çağlayan
         Business Complex Project implemented on the land owned   Through  its  works  briefly  mentioned  above,  NUROL
         by our Group as a result of the tender awarded to us and our   Construction and  Trading Co. Inc. is carrying the justified
         project has been completed as of 2016. The complex was   pride of its successful history to the future with a young
         constructed on a 6.800 m  project area and consists of 70.500 m    and dynamic spirit which it has not lost since the very first
                                                          2
                            2
         closed area.                                           say of its foundation.







                                                                NUROL CONSTRUCTION AND TRADING CO. INC. (Thousand TL)

                                                                                          2013     2014    2015
                                                                TOTAL ASSETS            2.747.989 3.118.976 4.925.308
                                                                TOTAL EQUITY             739.513  813.072  1.633.617
                                                                INCOME FROM SALES        1.251.311  1.784.437 2.227.028
                                                                EBITDA                   206.487  243.854  308.602
 Southern Approach Viaduct, Altınova-Yalova/TURKEY  Souk Tleta Barajı, Tizi Ouzou/CEZAYİR  Figures are taken from the audited consolidated financial statements in accordance with IFRS.

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