{"id":5462,"date":"2014-04-22T17:08:16","date_gmt":"2014-04-22T14:08:16","guid":{"rendered":"http:\/\/www.belediyeler.net\/?p=5462"},"modified":"2014-04-22T17:08:38","modified_gmt":"2014-04-22T14:08:38","slug":"izmir-buyuksehir-belediyesine-moodys-ovgusu","status":"publish","type":"post","link":"http:\/\/www.belediyeler.net\/?p=5462","title":{"rendered":"\u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi’ne Moody’s \u00f6vg\u00fcs\u00fc"},"content":{"rendered":"

\"24119700\"<\/a>KRED\u0130 derecelendirme kurulu\u015fu Moody’s, \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi’nin finansal yap\u0131s\u0131n\u0131 “G\u00fc\u00e7l\u00fc faaliyet marjlar\u0131 ve dengeli nakit ak\u0131\u015f\u0131, ba\u015far\u0131l\u0131 y\u00f6netim stratejisiyle birlikte kendi kendine finanse etme kapasitesi sa\u011fl\u0131yor” diye yorumlad\u0131.<\/p>\n

Uluslararas\u0131 kredi derecelendirme kurulu\u015flar\u0131 Moody’s ve Fitch Ratings, Nisan ay\u0131nda birer rapor yay\u0131mlayarak \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi’nin notlar\u0131n\u0131 teyit etti. Moody’s taraf\u0131ndan a\u00e7\u0131klanan raporda, geni\u015fleyen gelir kaynaklar\u0131na ek olarak \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi’nin harcama dinamiklerini d\u00fc\u015f\u00fck seviyede tutmay\u0131 ba\u015fard\u0131\u011f\u0131n\u0131 ve bunun sonucunda da faaliyet sonu\u00e7lar\u0131 ayn\u0131 d\u00f6nemde faaliyet gelirinin ortalama y\u00fczde 40’\u0131na kar\u015f\u0131l\u0131k gelecek \u015fekilde sa\u011fl\u0131kl\u0131 seviyelerde tekrar etti\u011fi vurguland\u0131.<\/p>\n

Moody’s de\u011ferlendirmesinde, B\u00fcy\u00fck\u015fehir’in g\u00fc\u00e7l\u00fc faaliyet marjlar\u0131, dengeli nakit ak\u0131\u015f\u0131n\u0131n ba\u015far\u0131l\u0131 y\u00f6netim stratejisiyle birlikte kendi kendine finanse etme kapasitesi sa\u011flad\u0131\u011f\u0131n\u0131 ve bu durumun belediyenin ge\u00e7ti\u011fimiz 5 y\u0131l i\u00e7inde toplam gelirlerinin yakla\u015f\u0131k y\u00fczde 4’\u00fcne denk gelen finansman fazlal\u0131\u011f\u0131ndan da anla\u015f\u0131ld\u0131\u011f\u0131n\u0131 belirtti.<\/p>\n

Moody’s ayr\u0131ca, \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi’nin yabanc\u0131 para birimi bor\u00e7lanmalar\u0131ndaki yabanc\u0131 kur riskinden korunmak i\u00e7in kar\u015f\u0131l\u0131k ay\u0131rd\u0131\u011f\u0131n\u0131, \u00f6zellikle Avrupa Yat\u0131r\u0131m Bankas\u0131 (AYB) anapara ve faiz bor\u00e7 servisi geri \u00f6demelerinden korunmak i\u00e7in risk hesab\u0131na fon ay\u0131rd\u0131\u011f\u0131n\u0131, ayr\u0131lan fonun b\u00fcy\u00fckl\u00fc\u011f\u00fcn\u00fcn AYB’nin y\u0131ll\u0131k bor\u00e7 \u00f6demelerini fazlas\u0131yla kar\u015f\u0131lad\u0131\u011f\u0131n\u0131 da ifade etti. Moody’s, belediyenin bug\u00fcne kadar t\u00fcm bor\u00e7lar\u0131n\u0131n anapara ve faiz geri \u00f6demelerini fazlas\u0131yla kar\u015f\u0131lamaya yeterli miktarda nakit rezervi bulundurdu\u011funu, bunun belediyenin istikrarl\u0131 bir nakit y\u00f6netimi stratejisi izlemesinden kaynakland\u0131\u011f\u0131n\u0131 vurgulad\u0131.<\/p>\n

Fitch Ratings ise a\u00e7\u0131klad\u0131\u011f\u0131 “T\u00fcrk Liras\u0131’ndaki dalgalanman\u0131n B\u00fcy\u00fck\u015fehir Belediyeleri’nin yabanc\u0131 para biriminden bor\u00e7 y\u00fck\u00fcml\u00fcl\u00fcklerindeki etkisini analiz eden” \u00f6zel raporunda; \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi’nin yabanc\u0131 para birimi cinsinden uzun vadeli kredi derecelendirme notunu “BBB-” dura\u011fan g\u00f6r\u00fcn\u00fcml\u00fc olarak teyit etti.<\/p>\n

Fitch s\u00f6z konusu raporunda, \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi taraf\u0131ndan kur riskine kar\u015f\u0131n olu\u015fturulan rezervlerin, tedbirli bor\u00e7 y\u00f6netim uygulamalar\u0131n\u0131 yans\u0131tt\u0131\u011f\u0131n\u0131 belirtti. Fitch raporunda; son aylarda ortaya \u00e7\u0131kan faiz oran\u0131 art\u0131\u015f\u0131n\u0131n B\u00fcy\u00fck\u015fehir’in de\u011fi\u015fken faiz oranl\u0131 borcunun toplam bor\u00e7 portf\u00f6y\u00fc i\u00e7erisinde k\u00fc\u00e7\u00fck oranda olmas\u0131 ve borcun kalan k\u0131sa vadesi sebebiyle s\u0131n\u0131rl\u0131 olaca\u011f\u0131n\u0131 \u00f6nemle vurgulad\u0131.<\/p>\n","protected":false},"excerpt":{"rendered":"

KRED\u0130 derecelendirme kurulu\u015fu Moody’s, \u0130zmir B\u00fcy\u00fck\u015fehir Belediyesi’nin finansal yap\u0131s\u0131n\u0131 “G\u00fc\u00e7l\u00fc faaliyet marjlar\u0131 ve dengeli nakit ak\u0131\u015f\u0131, ba\u015far\u0131l\u0131 y\u00f6netim stratejisiyle birlikte kendi kendine finanse etme kapasitesi sa\u011fl\u0131yor” diye yorumlad\u0131. Uluslararas\u0131 kredi derecelendirme kurulu\u015flar\u0131 Moody’s ve...<\/p>\n","protected":false},"author":1,"featured_media":5463,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[50,1,16],"tags":[],"_links":{"self":[{"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=\/wp\/v2\/posts\/5462"}],"collection":[{"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5462"}],"version-history":[{"count":2,"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=\/wp\/v2\/posts\/5462\/revisions"}],"predecessor-version":[{"id":5466,"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=\/wp\/v2\/posts\/5462\/revisions\/5466"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=\/wp\/v2\/media\/5463"}],"wp:attachment":[{"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5462"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.belediyeler.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}