Dear Stakeholders,

Due to economic uncertainties caused by two successive general elections in our country, and fluctuations and surges in global economy, and substantial devaluation of Turkish Lira, and negative effects of these developments on economic growth, 2015 was a tough and difficult year for the financial leasing sector. The available conditions paved the way for postponement of investments and a constriction of 17% in transaction volume of our sector.

In spite of these negative conditions, İş Leasing continued to offer quick and top quality services to its customers, and create added value for its shareholders and stakeholders, and pioneer the sector, and advance in its market with its sustainable growth strategy.

Thanks to its strong capital base, and effective balance sheet and risk management strategies, İş Leasing has completed the year 2015 with a successful performance and recorded a net profit of 82 million TL. Its shareholders’ equity reached 738 million TL, and its return on equity was 11.7%. As of the year-end of 2015, its consolidated total assets reached 5.5 billion TL with a rise of 21.8% over the past year, while its net leasing receivables reached 3.3 billion TL with a rise of 15.7%.

Offering extensive services with its 16 branches throughout Turkey, İş Leasing has paved the way for strong realization of projects of every size and every sector, thereby continuing to expand its customer base. With its number of customers increased by 28% and its number of transactions increased by 24% in 2015, İş Leasing has shown a good performance and differentiated itself with its outstanding service level in spite of the depressed profitability in the financial leasing sector which is an arena of harsh competition due to the narrowing market.

As a result of its cooperation with suppliers, the Company increased its weight in heavy equipments and construction machinery and production machines and equipments fields. İş Leasing continued its growth in energy investments area, and food, textile, healthcare, machinery & chemistry, manufacturing, tourism and construction sectors have come into prominence for İş Leasing in 2015. Our Company maintained its strong positioning in its sector thanks to privileged solutions offered to SMEs and success of growth together with them.

We hereby express our gratitude and respects to all our business partners, employees and investors, and particularly to our Board of Directors, due to their contributions to the successes achieved by our Company.