CELEBİ 2021 ANNUAL REPORT

69 Çelebi Ground Handling Inc. 2022 Annual Report CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD JANUARY 1 - DECEMBER 31, 2022 PAGE CONSOLIDATED STATEMENT OF FINANCIAL POSITION 70 CONSOLIDATED FINANCIAL STATEMENT OF PROFIT OR LOSS 72 CONSOLIDATED STATEMENT OF OTHER COMPREHENSIVE INCOME 73 CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDER’S EQUITY 74 CONSOLIDATED STATEMENT OF CASH FLOWS 78 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 80-132 NOTE 1 - ORGANIZATION AND OPERATIONS OF THE GROUP 80 NOTE 2 - BASIS OF PRESENTATION OF THE CONSOLIDATED FINANCIAL STATEMENTS 82 NOTE 3 - SEGMENT REPORTING 97 NOTE 4 - CASH AND CASH EQUIVALENTS 99 NOTE 5 - FINANCIAL INVESTMENTS 100 NOTE 6 - INVESTMENTS ACCOUNTED BY USING THE EQUITY METHOD 100 NOTE 7 - SHORT-TERM AND LONG-TERM BORROWINGS 101 NOTE 8 - TRADE RECEIVABLES AND PAYABLES 105 NOTE 9 - OTHER RECEIVABLES AND PAYABLES 107 NOTE 10 - INVENTORIES 108 NOTE 11 - PROPERTY, PLANT AND EQUIPMENT 109 NOTE 12 - RIGHT-OF-USE ASSETS 110 NOTE 13 - INTANGIBLE ASSETS 111 NOTE 14 - PROVISIONS, COMMITMENTS, CONTINGENT ASSETS AND LIABILITIES 113 NOTE 15 - OTHER ASSETS AND LIABILITIES 117 NOTE 16 - PREPAID EXPENSES 118 NOTE 17 - DEFERRED INCOME 118 NOTE 18 - PAYABLES RELATED TO EMPLOYEE BENEFITS 118 NOTE 19 - EQUITY 119 NOTE 20 - REVENUE AND COST OF SALES 120 NOTE 21 - EXPENSES BY NATURE 120 NOTE 22 - GENERAL ADMINISTRATIVE EXPENSES 121 NOTE 23 - OTHER OPERATING INCOME 121 NOTE 24 - OTHER OPERATING EXPENSES 121 NOTE 25 - INCOME FROM INVESTING ACTIVITIES 121 NOTE 26 - EXPENSES FROM INVESTING ACTIVITIES 122 NOTE 27 - FINANCE INCOME 122 NOTE 28 - FINANCE EXPENSES 122 NOTE 29 - TAX ASSETS AND LIABILITIES 122 NOTE 30 - EARNINGS PER SHARE 125 NOTE 31 - RELATED PARTY DISCLOSURES 125 NOTE 32 - NATURE AND LEVEL OF RISKS ARISING FROM FINANCIAL INSTRUMENTS 128 NOTE 33 - FEES FOR SERVICES RECEIVED FROM INDEPENDENT AUDIT FIRM 132 NOTE 34 - EVENTS AFTER THE BALANCE SHEET DATE 132 CONTENTS