Akfen Holding's 2013 financial results have been discloded. The Holding's turnover reached TL 111 million with a 23 percent increase from the previous year. Akfen Holding is continuing to contribute to the country’s economy and to its shareholders by creating leader managements in the sector. Stating that the year 2013 has been a productive year for the Holding, Akfen Holding’s CEO Süha Güçsav attributes their successful completion of the year 2013 where considerable fluctuations have taken place to factors such as the conservative financial policies they have applied, inorganic growth opportunities and strong capital structure. USD 21.1 mIllIon to Akfen HoldIng While the capital structures of Mersin Port and the Hydroelectric stations have been adjusted in the year 2013, Mersin Port has received an investable credit note from Moody’s and Fitch. Thus the Holding has exported USD 450 million Eurobond and has reached a position of receiving dividends from MIP. Following the refinancing of USD 273 million at Akfen HES, the cash that has been accumulated in the project firms’ reserves have been opened to be used. Thus, a USD 21.1 million has been transferred to Akfen Holding from these firms. Work at the Incek Loft project Is contInuIng While the investments of Tuzla and Moscov Ibis Hotel projects together with 4 hotels are continuing within the structure of Akfen REIT, Akfen Construction has made the best offer at the tender for Isparta City Hospital with 755 beds which is run with Public Private Partnership model. Also, the operations of Incek Loft Project the foundations of which have been laid during the year and that has a construction area of 279 thousand m2 are swiftly continuing. Two dIvIdend payments have been made Akfen Holding has made its first dividend payment of TL 25.5 million in total in May. Saying that they are continuing with the ‘Share Repurchase Program’, Gursav has announced that the remaining 60% shares of the Karasular Hydroelectric Station which is an important development of the year 2013 has been transferred to Aquila. The sale procedure has been completed over a EURO 36.9 million share sale price, thus the total sale price of the shares has reached EURO 59.8 million.