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.) 117 Çelebi Ground Handling Inc. 2019 Annual Report The table below summarizes TL equivalents of foreign currency denominated assets and liabilities of the Group as of December 31, 2019 and December 31, 2018: December 31, 2019 TL Equivalent USD EUR GBP 1. Trade receivables 119.430.203 4.277.207 14.137.482 - 2. Monetary financial assets 164.847.605 9.652.518 16.048.135 100.301 3. Other 38.534.259 115.584 5.690.865 - 4. Current Assets (1+2+3) 322.812.067 14.045.309 35.876.482 100.301 5. Other 81.497.004 - 12.254.083 - 6. Non-current assets (5) 81.497.004 - 12.254.083 - 7. Total assets (4+6) 404.309.071 14.045.309 48.130.565 100.301 8. Trade payables 36.244.739 1.045.158 4.516.328 - 9. Financial liabilities 471.109.730 10.822 70.827.511 - 10. Other monetary liabilities 6.625.397 235.254 710.236 64.868 11. Short-term liabilities (8+9+10) 513.979.866 1.291.234 76.054.075 64.868 12. Financial liabilities 558.917.575 - 84.040.173 - 13. Other monetary liabilities - - - - 14. Long-term liabilities (12+13) 558.917.575 - 84.040.173 - 15. Total liabilities (11+14) 1.072.897.441 1.291.234 160.094.248 64.868 16. Net foreign currency asset/(liability) position (7-15) (668.588.370) 12.754.075 (111.963.683) 35.433 17. Net monetary foreign currency asset/(liability) position (7-15) (668.588.370) 12.754.075 (111.963.683) 35.433