CELEBİ 2021 ANNUAL REPORT

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES 70 Çelebi Ground Handling Inc. 2022 Annual Report Current Period Prior Period Audited Audited Notes 31 December 2022 31 December 2021 ASSETS Current assets Cash and cash equivalents 4 1.928.963.765 1.093.962.834 Financial investments 117.856.757 63.208.735 -Restricted bank balances 5 60.756.407 49.130.668 -Time deposits 5 57.100.350 14.078.067 Trade receivables 552.654.268 380.688.778 -Trade receivables from related parties 8 1.682.036 589.742 -Trade receivables from third parties 8 550.972.232 380.099.036 Other receivables 391.046.292 279.619.410 -Other receivables from related parties 9 84.869.838 60.554.654 - Other receivables from third parties 9 306.176.454 219.064.756 Inventories 10 64.668.039 40.821.021 Prepaid expenses 16 95.196.252 48.588.050 Current tax assets 29 - 8.197.661 Other current assets 15 42.507.926 14.666.920 Total current assets 3.192.893.299 1.929.753.409 Non-current assets Financial investments 47.877.504 53.479.264 -Restricted bank balances 5 47.832.174 53.479.264 -Other financial assets at fair value through profit/loss 45.330 - Other receivables 423.549.399 361.676.712 -Other receivables from related parties 9 - 64.295.790 -Other receivables from third parties 9 423.549.399 297.380.922 Investments accounted using equity method 6 19.463.360 20.391.743 Property, plant and equipment 11 1.265.612.918 874.801.839 Right-of-use assets 12 1.491.722.409 1.063.607.040 Intangible assets 1.093.201.305 821.266.380 -Goodwill 13 124.300.843 119.963.138 -Other intangible assets 13 968.900.462 701.303.242 Prepaid expenses 16 84.120.073 26.277.786 Deferred tax asset 29 340.335.572 256.168.334 Other non-current assets 15 91.811.185 57.404.380 Total non-current assets 4.857.693.725 3.535.073.478 Total assets 8.050.587.024 5.464.826.887 The accompanying notes form an integral part of these consolidated financial statements. CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF 31 DECEMBER 2022 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.)