CELEBI GROUND HANDLING ANNUAL REPORT 2018

ÇELEBİ HAVA SERVİSİ A.Ş. 57 Çelebi Ground Handling 2018 Annual Report The accompanying notes form an integral part of these consolidated financial statements. Current Period Prior Period Audited Audited Notes January 1- December 31, 2018 January 1- December 31, 2017 B. Cash flows from investing activities (209.267.856) (50.247.320) Cash outflows due to purchase of shares or capital increase of - - associates and/or joint ventures - (7.554.249) Cash inflows from the sale of property, plant and equipment and intangible asset 9.109.365 935.439 - Cash inflows from the sale of property, plant and equipment 9.109.365 935.439 - Cash inflows from the sale of intangible assets - - Cash outflows from the purchase of property, plant and equipment and intangible asset - Cash outflows from the purchase of property, plant and equipment 11 (204.586.286) (19.002.859) - Cash outflows from the purchase of intangible asset 12 (22.335.607) (25.675.651) Dividend received 6 8.544.672 1.050.000 C. Cash flows from financing activities 40.316.391 (60.980.418) Cash inflows from financial liabilities 7 259.515.220 130.949.500 Cash outflows due to debt payments of financial liabilites 7 (140.952.126) (149.601.147) Dividend paid (76.545.000) (30.375.001) Interest paid (13.595.794) (16.746.027) Interest received 7 11.894.091 4.792.257 Net increase/decrease in cash and cash equivalents, before the effect of foreign currency translation differences 153.084.804 72.290.707 D. Impact of foreign currency translation differences (69.758.446) (24.347.035) Net increase/decrease in cash and cash equivalents 83.326.358 47.943.672 E. Cash and cash equivalents at beginning of period 113.404.415 65.460.743 Cash and cash equivalents at end of period 4 196.730.773 113.404.415 CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE PERIOD OF 1 JANUARY – 31 DECEMBER 2018 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.)