CELEBI GROUND HANDLING ANNUAL REPORT 2018

ÇELEBİ HAVA SERVİSİ A.Ş. 85 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.) The redemption schedules of financial liabilities of the Group as at December 31, 2018 and December 31, 2017 are as follows: December 31, 2018 December 31, 2017 Less than 3 months 97.598.929 2.207.104 Between 3-12 months 136.190.448 56.629.344 Between 1-5 years 488.025.051 282.516.358 721.814.428 341.352.806 The redemption schedules of long-term borrowings as at December 31, 2018 and December 31, 2017 are as follows: December 31, 2018 December 31, 2017 Between 1-2 years 271.918.056 126.364.283 Between 2-3 years 72.307.854 115.045.922 Between 3-4 years 68.050.697 8.515.482 4 years and more 65.946.563 24.731.716 478.223.170 274.657.403 The remaining repricing periods for the Group’s floating interest rate borrowings as at December 31, 2018 and December 31, 2017 are as follows: December 31, 2018 December 31, 2017 Less than 3 months 8.196.296 798.057 Between 3-12 months 25.126.973 10.188.865 Between 1-5 years 177.147.752 127.677.878 210.471.021 138.664.800 The redemption schedules of financial lease obligations as at December 31, 2018 and December 31, 2017 are as follows: December 31, 2018 December 31, 2017 Minimum financial lease payments Interest Total obligation Minimum financial lease payments Interest Total obligation Less than 1 year 1.397.464 (909.853) 487.611 1.083.939 (741.123) 342.816 Between 1-2 years 1.296.235 (871.235) 425.000 1.071.564 (712.847) 358.717 Between 2-3 years 1.221.513 (836.620) 384.893 1.006.845 (683.659) 323.186 Between 3-4 years 1.212.963 (800.500) 412.463 958.718 (656.630) 302.088 4 years and more 14.095.579 (5.516.054) 8.579.525 11.832.572 (4.957.608) 6.874.964 19.223.754 (8.934.262) 10.289.492 15.953.638 (7.751.867) 8.201.771