CELEBI GROUND HANDLING ANNUAL REPORT 2018

ÇELEBİ HAVA SERVİSİ A.Ş. 88 Çelebi Ground Handling 2018 Annual Report 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.) Convenience Translation into English of Consolidated Financial Statements Originally Issued in Turkish Short term trade payables December 31, 2018 December 31, 2017 Trade payables to third parties 75.215.390 58.964.865 Accrued liabilities 15.099.434 7.169.892 Total trade payables to third parties 90.314.824 66.134.757 Due to third parties (Note 30) 9.649.715 11.262.592 Total trade payables 99.964.539 77.397.349 NOTE 9 - OTHER RECEIVABLES AND PAYABLES December 31, 2018 December 31, 2017 Receivables from tax office 28.750.070 6.037.026 Deposits and guarentees given 4.774.448 2.402.694 Short term other due from related parties 33.524.518 8.439.720 Due from related parties (Note 30) 24.164.660 - Total short-term other receivables 57.689.178 8.439.720 Other long term receivables December 31, 2018 December 31, 2017 Deposits and guarantees given (*) 55.750.097 34.828.278 Due from third parties 55.750.097 34.828.278 Due from related parties (Note 30) 95.869.814 - Total long-term other receivables 151.619.911 151.619.911 (*) As of December 31, 2018, deposits and guarantees given predominantly consists of the deposits given by the subsidiaries of the Group, CASI and Celebi Delhi Cargo, to the local authorities and companies amounting to TL 34.172.242 (December 31, 2017: TL 21.905.228) and TL 21.173.569 (December 31, 2017: TL 12.819.338). Other short-term payables December 31, 2018 December 31, 2017 Other short-term payables (*) 12.536.171 8.487.809 Deposits and guarantees received 309.822 155.189 12.845.993 8.642.998 (*) As of December 31, 2018, TL 11.474.289 of other short-term payables (December 31, 2017: TL 8.183.852) are the payables of Celebi Delhi Cargo, a subsidiary of the Group, to its shareholder of Delhi International Airport Private Limited’e (DIAL) due to the concession contract signed between the parties.