CELEBI GROUND HANDLING ANNUAL REPORT 2018

ÇELEBİ HAVA SERVİSİ A.Ş. 48 Çelebi Ground Handling 2018 Annual Report Current Period Prior Period Audited Audited Notes December 31, 2018 December 31, 2018 ASSETS Current Assets Cash and cash equivalents 4 197.023.791 113.572.241 Financial Investments 51.444.157 13.369.356 -Restricted cash 5 51.444.157 13.369.356 Trade receivables 175.331.861 118.040.117 - Due from related parties 8 1.608.646 1.702.170 - Due from third parties 8 173.723.215 116.337.947 Other receivables 57.689.178 8.439.720 - Due from third parties 9 33.524.518 8.439.720 - Due from related parties 9 24.164.660 - Inventories 10 14.113.626 12.461.996 Prepaid expenses 15 21.045.610 14.727.192 Current income tax assets 28 251.958 1.583.721 Other current assets 14 6.554.957 1.160.953 Total current assets 523.455.138 283.355.296 Non-current assets Financial investments 5 166.650 20.527 Other long-term receivables 151.619.911 34.828.278 - Due from related parties 9 95.869.814 - - Due from third parties 9 55.750.097 34.828.278 Investments accounted using the equity method 6 95.725.908 64.991.304 Property, plant and equipment 11 321.805.178 155.619.737 Intangible assets 263.033.821 203.913.858 - Goodwill 12 43.925.159 34.112.091 - Other intangible assets 12 219.108.662 169.801.767 Prepaid expenses 15 43.673.520 21.402.819 Deferred tax asset 28 98.539.804 54.043.004 Other non-current assets 14 24.040.111 17.867.363 Total non-current assets 998.604.903 552.686.890 Total assets 1.522.060.041 836.042.186 The accompanying notes form an integral part of these consolidated financial statements. CONSOLIDATED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 31 DECEMBER 2018 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.)