CELEBI GROUND HANDLING ANNUAL REPORT 2018

ÇELEBİ HAVA SERVİSİ A.Ş. 97 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.) Other non current assets December 31, 2018 December 31, 2017 Prepaid taxes and funds (*) 24.036.869 17.864.121 Other 3.242 3.242 24.040.111 17.867.363 (*) As of December 31, 2018, prepaid taxes and funds which can be offset more than 1 year, belong to CASI and Celebi Delhi Cargo with an amount of TL 10.748.789 (December 31, 2017: TL 6.963.935) and TL 13.288.080 respectively (December 31, 2017: TL 10.900.186). Other current liabilities December 31, 2018 December 31, 2017 Taxes and funds payable 5.167.724 2.502.021 Provision for operational leasing equalization (*) 785.947 1.083.260 Maintenance obligation liability 1.641.247 - Other 2.283.756 1.703.364 9.878.674 5.288.645 Other non current liabilities December 31, 2018 December 31, 2017 Provision for operational leasing equalization (*) 144.551.656 104.553.198 Maintenance obligation liability 43.668.500 34.148.213 188.220.156 138.701.411 (*) Provision for operational leasing equalization, is the difference between the lease payments defined on concession agreement and the lease payments calculated by future constant lease increases on straight line basis in accordance with of IAS 17 “Leases”. NOTE 15 - PREPAID EXPENSES Shor-term prepaid expenses December 31, 2018 December 31, 2017 Prepaid expenses 15.398.692 11.818.319 Advances given 5.646.918 2.908.873 21.045.610 14.727.192 Long-term prepaid expenses December 31, 2018 December 31, 2017 Prepaid expenses 17.525.550 14.695.876 Advances given for fixed assets (*) 26.147.970 6.706.943 43.673.520 21.402.819 (*) TL 14.964.229 of the amount consists of advances given to suppliers related to construction and equipment investments in Istanbul Airport.