CELEBİ 2021 ANNUAL REPORT

121 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.) NOTE 22 - GENERAL ADMINISTRATIVE EXPENSES 1 January - 1 January - 31 December 2022 31 December 2021 Consultancy expenses (249.459.766) (123.232.807) Personnel expenses (228.695.259) (107.171.550) Technical maintenance of equipment, fuel and security expenses (30.476.137) (17.924.148) Travel and transportation expense (15.619.175) (5.240.656) Payments to authorities and terminal managements (9.209.826) (5.165.229) Depreciation and amortization expense (9.131.204) (6.335.928) Insurance expense (7.039.400) (5.671.365) Other expenses (41.007.534) (7.459.772) (590.638.301) (278.201.455) NOTE 23 - OTHER OPERATING INCOME 1 January - 1 January - 31 December 2022 31 December 2021 Foreign exchange income (*) 70.253.635 34.311.447 Maturity difference income 5.164.036 2.694.586 Provision reversal income 1.060.281 591.203 Income from insurance claim 699.490 600.388 Other income 60.574.465 22.285.863 137.751.907 60.483.487 (*) Translation differences arising from functional currency changes are accounted for net in foreign exchange income. NOTE 24 - OTHER OPERATING EXPENSES 1 January - 1 January - 31 December 2022 31 December 2021 Foreign exchange expenses (62.371.667) (20.972.871) Donation and aid expenses (12.818.491) (394.266) Litigation and indemnity provision expenses (4.954.328) (16.972.119) Provision for doubtful receivables (2.377.758) (10.510.962) Damage and indemnity expenses (264.274) (327.335) Other (59.057.250) (39.218.258) (141.291.837) (88.395.811) NOTE 25 - INCOME FROM INVESTING ACTIVITIES 1 January - 1 January - 31 December 2022 31 December 2021 Profit from bargain purchase (*) - 72.980.816 Profit from the sale of fixed assets 813.475 11.560.515 813.475 84.541.331 (*) In 2021, the controlling power in Celebi Nas was reorganized in favor of Celebi Hava, and in accordance with TFRS 3, the difference between the net assets of the Company and the fair value of the company’s equity, amounting to TL 72.980.816, was recorded as a right-of-use asset.