ÇHS AR21-ENG-030622

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2021 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) 109 Çelebi Ground Handling Inc. 2021 Annual Report The details of cumulative temporary differences and the related deferred tax assets and liabilities calculated with currently enacted tax rates as at 31 December 2021 and 2020 are as follows: Total temporary differences Deferred tax assets (liabilities) 31 December 2021 31 December 2020 31 December 2021 31 December 2020 Deferred tax assets Personnel bonus accrual (7.127.065) (859.180) 1.639.225 171.836 Accrued sales commissions (22.159.939) (14.714.401) 5.096.786 2.942.880 Provision for employment termination benefits (35.006.953) (29.441.003) 7.061.027 5.941.291 Provision for unused vacation rights (8.529.739) (6.723.227) 1.961.840 1.344.645 Provision for litigation and indemnity (6.641.030) (6.521.835) 1.527.437 1.304.367 Adjustments related to property plant and equipment and intangible assets (246.589.798) (132.026.613) 62.367.605 33.403.749 Investment incentives (175.460.540) (164.306.245) 35.092.107 32.861.248 Deferred tax asset calculated over unused previous years’ losses (178.385.549) (99.726.146) 57.078.802 31.914.441 Adjustments related with TFRS 16 (329.821.517) (187.135.577) 64.264.030 35.921.620 Other (88.535.944) (52.441.122) 20.079.475 10.946.125 256.168.334 156.752.202 Deferred tax assets 256.168.334 156.752.202 Deferred tax liabilities Adjustments related to property, plant and equipment and intangible assets 391.512.286 159.257.675 (79.162.260) (28.695.272) Other 27.636.357 4.334.340 (6.298.176) (866.866) (85.460.436) (29.562.138) Deferred tax liabilities (85.460.436) (29.562.138) Deferred tax assets, net 170.707.898 127.190.064