CELEBİ 2021 ANNUAL REPORT

122 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 26 - EXPENSES FROM INVESTING ACTIVITIES 1 January - 1 January - 31 December 2022 31 December 2021 Impairment of goodwill (27.441.858) - Loss from the sale of fixed assets and abandonment (425.742) (1.219.124) (37.888.236) (1.219.124) NOTE 27 - FINANCE INCOME 1 January - 1 January - 31 December 2022 31 December 2021 Foreign exchange income 67.530.213 133.395.201 Interest income 63.492.929 30.069.307 Other financial income 69.016.181 25.070.217 200.039.323 188.534.725 NOTE 28 - FINANCE EXPENSES 1 January - 1 January - 31 December 2022 31 December 2021 Foreign exchange losses (107.409.602) (92.122.734) Financial expenses incurred within the scope of TFRS 16 (*) (93.067.969) (39.980.238) Interest expenses (53.673.705) (20.149.933) Financial expenses incurred within the scope of TFRIC 12 (4.902.320) (2.554.578) Other finance expenses (18.619.442) (16.550.549) (284.931.130) (171.358.032) (*) It consists of expenses that do not generate cash outflows within the scope of TFRS 16. NOTE 29 - TAX ASSETS AND LIABILITIES 31 December 2022 31 December 2021 Current period corporate tax provision 165.854.988 49.917.869 Less: prepaid corporate taxes - (8.197.661) Current income tax (asset)/liability, net (*) 165.854.988 41.720.208 Deferred tax assets 340.335.572 256.168.334 Deferred tax liabilities (122.139.556) (85.460.436) Deferred tax assets - net 218.196.016 170.707.898 (*) Current income tax assets and current income tax liabilities from the different subsidiaries of the Group have been separately presented as net in the balance sheet.