{"id":38538,"date":"2015-04-23T13:03:58","date_gmt":"2015-04-23T10:03:58","guid":{"rendered":"https:\/\/www.enerjigazetesi.ist\/?p=38538"},"modified":"2015-04-23T13:04:38","modified_gmt":"2015-04-23T10:04:38","slug":"dolardaki-artistan-en-cok-elektrik-sirketleri-darbe-alacak","status":"publish","type":"post","link":"https:\/\/www.enerjigazetesi.ist\/en\/dolardaki-artistan-en-cok-elektrik-sirketleri-darbe-alacak\/","title":{"rendered":"(Turkish) Dolardaki Art\u0131\u015ftan En \u00c7ok Elektrik \u015eirketleri Darbe Alacak!"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-en\">Sorry, this entry is only available in <a href=\"https:\/\/www.enerjigazetesi.ist\/tr\/wp-json\/wp\/v2\/posts\/38538\" class=\"qtranxs-available-language-link qtranxs-available-language-link-tr\" title=\"Turkish\">Turkish<\/a>. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.<\/p><p><\/p>\n<p style=\"color: #000000;\"><strong>D\u00f6viz cinsi bor\u00e7 y\u00fck\u00fc y\u00fcksek olan ve d\u00f6viz a\u00e7\u0131k pozisyonu ta\u015f\u0131yan \u015firketlerin ilk \u00e7eyrek k\u00e2rlar\u0131 TL\u2019deki sert de\u011fer kayb\u0131 nedeniyle a\u015fa\u011f\u0131 \u00e7ekilirken; dolar\/TL kurunun etkilerini d\u00f6viz geliriyle bertaraf edebilen ihracat a\u011f\u0131rl\u0131kl\u0131 \u00e7al\u0131\u015fan \u015firketler de euro\/dolar paritesindeki sert d\u00fc\u015f\u00fc\u015ften olumsuz etkileniyorlar.\u00a0Dolar\u0131n k\u00fcresel bazda sert de\u011fer kazanmas\u0131 ve T\u00fcrkiye\u2019ye dair belirsizliklerle TL, dolar kar\u015f\u0131s\u0131nda y\u0131l ba\u015f\u0131ndan bu yana y\u00fczde 14\u2019e yak\u0131n de\u011fer kaybetti.<\/strong><\/p>\n<h2 style=\"color: #232323;\">Hedge edenler az\u0131nl\u0131kta<\/h2>\n<div class=\"newsitem\" style=\"color: #000000;\">\n<div id=\"htmlStoryContent\">\n<p>Yat\u0131r\u0131m Finansman Genel M\u00fcd\u00fcr\u00fc \u015eeniz Yarcan, \u201cReel kesimde 2014 sonu 182 milyar dolar net a\u00e7\u0131k pozisyon bulunuyor ve bunun \u00f6nemli bir k\u0131sm\u0131 uzun vadeli. \u015eirketler kesiminde kur fark\u0131 gideri ciddi \u015fekilde bilan\u00e7olara yans\u0131yacak.\u00a0Bu \u015firketlerin bir k\u0131sm\u0131n\u0131n ihracat\u0131; d\u00f6viz gelirleri olabilir, baz\u0131 enerji \u015firketlerinde d\u00f6vize endeksli olanlar var. Bir k\u0131s\u0131m hedge eden de olacakt\u0131r, ama bunlar az\u0131nl\u0131ktad\u0131r\u2026 Yine de hedge edilmi\u015f veya d\u00f6viz geliri ile bertaraf etseniz bile ciddi bir \u015fekilde negatif etkisi olacakt\u0131r\u201d diye s\u00fcrd\u00fcren Yarcan, \u201cEsas faaliyet k\u00e2r\u0131 \u00fcreten \u015firketler dahi finansman gideri zarar\u0131 yazmak zorunda kalacak ve karlar\u0131 \u00f6nemli oranda eriyecek bundan ka\u00e7\u0131nmak m\u00fcmk\u00fcn de\u011fil\u201d dedi.<\/p>\n<p>Yat\u0131r\u0131m Finansman ara\u015ft\u0131rma b\u00f6l\u00fcm\u00fc taraf\u0131ndan haz\u0131rlanan rapora g\u00f6re, a\u00e7\u0131k pozisyonu 2014 sonu itibariyle y\u00fcksek olan \u015firketler aras\u0131nda 1.4 milyar dolar ve 140 milyon euro ile Anadolu Efes, 878 milyon dolar ve 45 milyon euro ile Akenerji , 841 milyon dolar ile Coca Cola , 722 milyon dolar ve 197 milyon euro ile Torunlar GYO , 2.97 milyar dolar ve 624 milyon euro ile T\u00fcrk Telekom\u00a03.6 milyar dolar ve 84 milyon euro ile T\u00fcpra\u015f , 4.5 milyar dolar ve 135 milyon euro ile Ko\u00e7 Holding bulunuyor.<\/p>\n<h2 style=\"color: #232323;\">En \u00e7ok a\u00e7\u0131k pozisyon elektrik \u015firketlerinde<\/h2>\n<p><a style=\"color: #c75615;\" href=\"http:\/\/static.enerjienstitusu123.netdna-cdn.com\/file\/dolar-artis-orani.png\" target=\"_blank\"><img loading=\"lazy\" class=\"aligncenter  wp-image-71240\" src=\"http:\/\/static.enerjienstitusu123.netdna-cdn.com\/file\/dolar-artis-orani.png\" alt=\"dolar artis orani\" width=\"467\" height=\"530\" \/><\/a><\/p>\n<p>\u00d6zellikle elektrik \u015firketlerinin en \u00e7ok a\u00e7\u0131k pozisyonu oldu\u011funu, havayolu ve telekom \u015firketlerinin de pariteden etkilendi\u011fini s\u00f6yleyen \u0130\u015f Yat\u0131r\u0131m\u00a0Ara\u015ft\u0131rma M\u00fcd\u00fcr\u00fc Emre Sezan, \u201cTHY\u2019de zarar bekliyoruz ama ge\u00e7en y\u0131l\u0131n alt\u0131nda bir zarar. Genelde euro\/dolar paritesinden negatif etkilenen bir sekt\u00f6r de havayollar\u0131 sekt\u00f6r\u00fc. \u00d6te yandan petroldeki d\u00fc\u015f\u00fc\u015f bu etkiyi s\u0131n\u0131rl\u0131yor\u201d diye konu\u015ftu.<\/p>\n<p>Sezan, yat\u0131r\u0131m listesinde yer alan reel sekt\u00f6r \u015firketlerinde genel olarak ilk \u00e7eyrek bilan\u00e7olar\u0131nda kur etkisinin negatif oldu\u011funu belirterek, \u201c\u0130zledi\u011fimiz 40 reel sekt\u00f6r \u015firketinin net k\u00e2r\u0131nda y\u0131ll\u0131k y\u00fczde 35 daralma bekliyoruz.\u201d dedi.<\/p>\n<p>Kaynak: Enerji Enstit\u00fcs\u00fc<\/p>\n<\/div>\n<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Sorry, this entry is only available in Turkish. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language. D\u00f6viz cinsi bor\u00e7 y\u00fck\u00fc y\u00fcksek olan ve d\u00f6viz a\u00e7\u0131k pozisyonu ta\u015f\u0131yan \u015firketlerin ilk \u00e7eyrek k\u00e2rlar\u0131 TL\u2019deki sert de\u011fer kayb\u0131 nedeniyle a\u015fa\u011f\u0131 \u00e7ekilirken; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":38541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[51,53],"tags":[68,61,22513,63,67,1009,2698,165,22514,22515,22516,22517],"views":734,"_links":{"self":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/38538"}],"collection":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/comments?post=38538"}],"version-history":[{"count":1,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/38538\/revisions"}],"predecessor-version":[{"id":38540,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/posts\/38538\/revisions\/38540"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media\/38541"}],"wp:attachment":[{"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/media?parent=38538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/categories?post=38538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.enerjigazetesi.ist\/en\/wp-json\/wp\/v2\/tags?post=38538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}