CELEBI GROUND HANDLING ANNUAL REPORT 2018

ÇELEBİ HAVA SERVİSİ A.Ş. 105 Çelebi Ground Handling 2018 Annual Report Convenience Translation into English of Consolidated Financial Statements Originally Issued in Turkish NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2018 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) NOTE 29 - EARNINGS PER SHARE Earnings per share disclosed in the consolidated statements of income are determined by dividing the net income by the weighted average number of shares that have been outstanding during the year. Companies can increase their capital by distributing shares (“Bonus Shares”) to existing shareholders from retained earnings in proportion of their shares. When earnings per share are calculated, these bonus shares are considered as issued shares. Therefore, weighted average of shares used in earnings per share calculation are obtained by retrospective application of the issuance of the shares as free of charge. Earnings per share are determined by dividing net profit attributable to shareholders by the weighted average number of issued ordinary shares as below: January 1- January 1- December 31, December 31, 2018 2017 Net profit/(loss) attributable to the parent company 204.583.956 85.361.608 Weighted average number of shares with 1 KR face value each 2.430.000.000 2.430.000.000 Earnings/(loss) per share (Kr) 0,084 0,035 NOTE 30 - RELATED PARTY DISCLOSURES Details of amounts due from and due to related parties as of reporting periods and a summary of transactions with related parties during the period are as follows: i) Balances with related parties Short term receivables from related parties December 31, 2018 December 31, 2017 Celebi NAS (4) 759.928 525.689 Celebi Ground Services Austria (2) 401.506 262.445 Çelebi Havacılık Holding (1) 378.227 196.885 Celebi Spain (3) - 677.062 Other 68.985 40.089 1.608.646 1.702.170 Other receivables from related parties December 31, 2018 December 31, 2017 Çelebi Havacılık Holding (1)(*) 120.034.474 - 120.034.474 -