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.) 91 Çelebi Ground Handling Inc. 2019 Annual Report Trade receivables Other receivables December 31, 2018 Related party Other Related party Other Bank deposits (*) The maximum of credit risk exposed at the reporting date 1.608.646 173.723.215 120.034.474 89.274.615 248.073.162 - Amount of risk covered bu guarentees - 1.459.146 - - - Net carrying value of financial assets which are not due or not impaired 1.608.646 114.331.364 120.034.474 89.274.615 248.073.162 Net carring value of financial assets which are overdue but not impaired - 59.391.851 - - - - Amount of risk covered bu guarentees - 840.923 - - - Net carrying value of impaired assets - Overdue (gross carrying value) - 12.329.145 - - - - Impairment amount (-) - (12.329.145) - - - - Amount of risk covered by guarentees - - - - - (*) Relevant balance includes restricted bank balances that are classified under financial investments. Aging which is prepared considering the overdue days of overdue receivables that are not impaired including receivables from related parties is as follows: December 31, 2019 December 31, 2018 Overdue 1 month 40.188.943 21.143.433 Overdue 1-3 months 35.712.718 26.399.096 Overdue 3-12 months 10.703.013 11.777.601 Overdue 1-5 years 1.362.506 71.721 87.697.180 59.391.851 Credit risk covered by guarantees of overdue receivables that are not impaired as of December 31, 2019 is TL 5.878.941 (December 31, 2018: TL 840.923). Short term trade payables December 31, 2019 December 31, 2018 Trade payables to third parties 98.608.967 75.215.390 Accrued liabilities 14.142.646 15.099.434 Total trade payables to third parties 112.751.613 90.314.824 Due to third parties (Note 31) 21.948.013 9.649.715 Total trade payables 134.699.626 99.964.539