TSPB ANNUAL REPORT 2017

Current Period Prior Period Audited Audited December, 31 2017 December, 31 2016 Income Membership fee and expense contribution from members 8,043,388 6,614,718 TCMS congress income 1,426,480 - Operating income 923,727 1,021,810 Non-operating income 598,245 942,983 Other income 725,200 1,250,000 Total income 11,717,040 9,829,511 Expenses Personnel expenses (6,454,869) (5,310,470) TCMS congress expenses (1,456,537) - Advertisement and meeting expenses (751,062) (1,108,978) Information technology expenses (587,169) (541,994) Outsourced services (538,810) (487,850) Training, courses and seminars expenses (306,192) (353,539) Board of director’s fee (290,400) (264,000) Membership fees expenses (227,403) (168,276) Travel and accommodation expenses (209,133) (139,470) Research and publication expenses (94,761) (138,768) Fixed assets and purchases expenses (43,217) (32,394) Other expenses (179,897) (670,918) Total expenses (11,139,450) (9,216,658) Income surplus 577,590 612,853 Provision for taxes and other legal liabilities (-) - - Net income surplus 577,590 612,853 Financial Statements (Currency – Turkish Lira (TL)) (Convenience translation of a report and consolidated financial statements originally issued in Turkish) 55 TCMA 2017 Annual Report