ÇELEBİ AR19-270720 (1)

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2019 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ Convenience Translation into English of Consolidated Financial Statements Originally Issued in Turkish (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) 105 Çelebi Ground Handling Inc. 2019 Annual Report NOTE 22 - GENERAL ADMINISTRATIVE EXPENSES January 1- December 31, 2019 January 1- December 31, 2018 Consultancy expenses (115.908.139) (85.500.532) Personnel expenses (71.199.066) (59.927.795) Technical maintenance of equipment, fuel and security expenses (15.235.813) (13.281.885) Travel and transportation expense (7.700.100) (5.120.321) Depreciation and amortization expense (4.277.411) (7.574.834) Payments to authorities and terminal managements (*) (3.936.124) (6.942.785) Insurance expense (1.898.867) (1.631.748) Other expenses (9.401.104) (6.765.355) (229.556.624) (186.745.255) (*) Payments to authorities and terminal managements are composed of office rental expenses and other miscellaneous expenses related to utilization of office area. NOTE 23 - OTHER OPERATING INCOME January 1- December 31, 2019 January 1- December 31, 2018 Foreign exchange gains from operating activities 66.236.892 163.441.577 Delay interest charge from operating activities 4.372.015 5.084.199 Provision reversal income 3.945.136 5.072.934 Income from insurance claims 123.896 1.378.783 Other incomes 12.508.739 19.205.610 87.186.678 194.183.103 NOTE 24 - OTHER OPERATING EXPENSE January 1- December 31, 2019 January 1- December 31, 2018 Foreign exchange losses from operating activities (58.442.271) (158.857.677) Provision for doubtful receivable (25.810.499) (9.508.554) Donation expenses (3.321.322) (384.492) Litigation and indemnity provision expenses (2.596.510) (863.124) Damage and indemnity expenses (123.408) (415.055) Other expenses (15.185.660) (18.579.363) (105.479.670) (188.608.265)