ÇELEBİ AR19-270720 (1)

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 52 Çelebi Ground Handling Inc. 2019 Annual Report The accompanying notes form an integral part of these consolidated financial statements. Notes Current Period Prior Period Audited Audited January 1 - December 31, 2019 January 1 - December 31, 2018 CONTINUING OPERATIONS Net sales 20 1.877.885.618 1.483.010.488 Cost of sales (-) 20 (1.334.612.924) (1.025.909.556) BRÜT KAR 543.272.694 457.100.932 General administrative expenses (-) 22 (229.556.624) (186.745.255) Other income from operating activities 23 87.186.678 194.183.103 Other expenses from operating activities (-) 24 (105.479.670) (188.608.265) OPERATING PROFIT 295.423.078 275.930.515 Income from investment activities 25 4.410.868 3.948.024 Expenses from investment activities (-) 26 (1.268.361) (305.699) Income from investments accounted by using the equity method 6 24.794.204 23.371.805 OPERATING INCOME BEFORE FINANCIAL EXPENSES 323.359.789 302.944.645 Financial income 27 54.942.443 77.551.573 Financial expenses (-) 28 (163.380.638) (165.684.117) PROFIT BEFORE TAX FROM CONTINUING OPERATIONS 214.921.594 214.812.101 Tax expense (19.457.693) (6.361.830) Taxes on income 29 (55.074.586) (34.366.471) Deferred tax income 29 35.616.893 28.004.641 NET PROFIT FOR THE PERIOD FROM CONTINUING OPERATIONS 195.463.901 208.450.271 Attributable to: Non-controlling interest 3.108.822 3.866.315 Equity holders of the parent 192.355.079 204.583.956 195.463.901 208.450.271 Earnings per share (Kr) 30 0,079 0,084 CONSOLIDATED FINANCIAL STATEMENT OF PROFIT OR LOSS FOR THE PERIOD OF 1 JANUARY - 31 DECEMBER 2019