MNG GROUP OF COMPANIES SUMMARY FINANCIALS
(Based on the Combined Special Purpose Financial Statements and Audit Report, 2018, by Deloitte)
This document presents the total asset, equity and revenue figures for Mehmet Nazif Günal Group of Companies (MNG Group of Companies),
as of 31 December 2018, in accordance with International Financial Reporting Standards.
ORGANIZATION AND OPERATIONS OF THE GROUP
MNG Group of Companies consists of companies that operate in the sectors of construction,
tourism, engineering, finance, trade, energy, transportation, aviation and mining.
MNG Group of Companies is a conglomerate company, whose ultimate shareholder is
Mr. Mehmet Nazif Günal.
The Group’s number of employees -excluding subcontractor’s workers- and territorial
distribution, as of 31 December 2017 and 2018 is as follows:
Region 31 December 2017 31 December 2018
Turkey 9.843 4.491
Middle East 5.239 4.419
Africa 4.592 6.053
Europe 20 14
Total 19.694 14.977
COMBINED SPECIAL PURPOSE OF ASSET, EQUITY AND REVENUE
The comparison of 2017 & 2018’s key financial figures for MNG Group are as follows:
2017 2018
Total Assets
3,34 billion USD
Total Revenue
1,81 billion USD
Total Equity
1,24 billion USD
Total Assets
3,64 billion USD
Total Revenue
1,95 billion USD
Total Equity
1,24 billion USD
WOW HOTELS
MAPA
MNG ZEMTAŞ
AVESORO
HOLDINGS
MNG TARGEM
MNG JETMNG AIRLINES
MNG ESMAŞ
MNG TESİSAT
MNG
FAKTORING
MNG
TURİZM
MNG ENERGY
ArchitectureConstruction
Finance AircraftMaintenance
Soil
Foundation
Engineering
Tourism
Mining Aviation Energy
Mechanical
Systems Electrosystems
14.977
employees
Although it is believed that the results reflected in these statements are reasonable,
they may be a�ected by a variety of variables and changes in underlying assumptions that could cause actual results to di�er materially. Neither MNG Group of Companies nor any of its directors,
managers or employees nor any other person shall have any liability whatsoever for any loss arising from the use of this presentation.
These financial figures are not intended to be and should not be used by anyone as a resource without the permission of MNG Group of Companies.
