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 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) Convenience Translation into English of Consolidated Financial Statements Originally Issued in Turkish 112 Çelebi Ground Handling Inc. 2019 Annual Report January 1- December 31, 2019 January 1- December 31, 2018 Employee and customer transportation expenses paid to related parties Çe-Tur Çelebi Turizm Tic. A.Ş . (4) 20.228.771 9.139.390 Kamil Koç (6) 7.482.737 5.543.660 27.711.508 14.683.050 Contribution to holding expenses (*) Çelebi Havacılık Holding (1) 82.866.115 63.365.968 (*) Contribution paid to Çelebi Havacılık Holding includes services received from Çelebi Havacılık Holding to Çelebi Hava such as legal, financial, human resource, management, business development, corporate communication, procurement, IT consultancy. January 1- December 31, 2019 January 1- December 31, 2018 Other purchases from related parties Çelebi Havacılık Holding (1) (*) 8.375.866 6.585.609 DASPL (3) (**) 11.715.439 6.878.512 Celebi Nas (3) (***) 6.666.064 3.207.560 Çe-Tur Çelebi Turizm Tic. A.Ş. (4) 101.986 43.642 Other 3.957.176 215.211 30.816.531 10.829.505 (1) Parent company (2) Subsidiary of the Group (3) Associate of the Group (4) Other related party (*) The purchases made from Çelebi Havacılık Holding consist of expenses directly reflected the Company regarding business development projects and tenders conducted by Çelebi Aviation Holding on behalf and account of the Company.. (**) Purchases from DASPL that are related to services provided for the aeration, generator and utility water installed in passenger bridges. (***) Purchases from Celebi Nas that are related to expenses reflected of equipment rent and staff fees.

RkJQdWJsaXNoZXIy MTc5NjU0