CELEBİ 2021 ANNUAL REPORT

125 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.) The table of deferred tax movement is as follows: 1 January - 1 January - 31 December 2022 31 December 2021 As of 1 January 170.707.898 127.190.064 Celebi Nas at the beginning of the period (*) - (3.285.288) Foreign currency translation differences 38.759.362 48.960.805 Deferred tax income/(expense) for the current year (1.961.132) (4.150.508) Recognized in other comprehensive income 10.689.888 1.992.825 As of the end of the period 218.196.016 170.707.898 (*) It is related to the full consolidation of Celebi Nas. NOTE 30 - EARNINGS PER SHARE Earnings per share disclosed in the consolidated statements of income are determined by dividing the net income by the weighted average number of shares that have been outstanding during the relevant period. Companies can increase their capital by distributing shares (“Bonus Shares”) to existing shareholders from retained earnings in proportion of their shares. When earnings per share are calculated, these bonus shares are considered as issued shares. Therefore, weighted average of shares used in earnings per share calculation are obtained by retrospective application of the issuance of the shares as free of charge. Earnings per share are determined by dividing net profit attributable to shareholders by the weighted average number of issued ordinary shares as below: 1 January - 1 January - 31 December 2022 31 December 2021 Net profit/(loss) attributable to the parent company 1.079.953.824 533.453.896 Weighted average number of shares with 1 KR face value each 2.430.000.000 2.430.000.000 Earnings per share (Kr) 0,444 0,220 NOTE 31 - RELATED PARTY DISCLOSURES The balances of due from related parties, other receivables from related parties and payables to related parties as of the end of the period and a summary of transactions with related parties during the period are given below: i) Balances with related parties Short-term receivables from related parties 31 December 2022 31 December 2021 Çelebi Havacılık Holding (1) 1.653.638 577.289 Other 28.398 12.453 1.682.036 589.742