CELEBİ 2021 ANNUAL REPORT

103 Çelebi Ground Handling Inc. 2022 Annual Report NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2022 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) Long-term borrowings: 31 December 2021 Effective interest rate (%) Original balance TL Long-term borrowings: INR borrowings 5,50-8,68 1.286.947.171 224.726.715 EUR borrowings 1,89-5,75 25.092.000 379.237.977 TL borrowings 9,95-21,00 30.394.601 30.394.601 634.359.293 Long-term lease obligations: INR lease obligations 663.609.844 115.879.551 EUR lease obligations 61.252.779 925.768.383 TL lease obligations 21.098.468 21.098.468 HUF lease obligations 9.663.607 384.225 Total long-term lease obligations 1.063.130.627 Total long-term borrowings 1.697.489.920 Total borrowings 2.740.676.806 As of 31 December 2022 and 2021, the repayment dates of the Group’s borrowings are as follows: 31 December 2022 31 December 2021 Less than 3 months 344.118.211 337.616.272 Between 3-12 months 665.718.542 705.570.614 Between 1-5 years 1.235.910.398 1.168.656.947 5 years and more 763.643.940 528.832.973 3.009.391.091 2.740.676.806 As of 31 December 2022 and 2021, the repayment schedule of long-term loans is as follows: 31 December 2022 31 December 2021 Between 1-2 years 231.250.652 428.956.323 Between 2-3 years 161.789.233 103.861.290 Between 3-4 years 55.409.809 73.988.108 4 years and more 49.996.146 27.553.572 498.445.840 634.359.293 As of 31 December 2022 and 2021, the repayment terms of the debts from the lease transactions are as follows: 31 December 2022 31 December 2021 Less than 1 year 317.667.889 199.077.376 Between 1-5 years 669.482.757 461.618.901 5 years and more 831.625.741 601.511.726 1.818.776.387 1.262.208.003