CELEBİ 2021 ANNUAL REPORT

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES 71 Çelebi Ground Handling Inc. 2022 Annual Report The accompanying notes form an integral part of these consolidated financial statements. Current Period Prior Period Audited Audited Notes 31 December 2022 31 December 2021 LIABILITIES Current liabilities Short-term financial liabilities 7 - 170.104.575 Short-term portion of long-term financial liabilities 7 692.168.864 674.004.935 Lease payables 7 317.667.889 199.077.376 Trade payables 446.286.492 332.976.064 -Trade payables to related parties 8 3.291.944 11.780.141 -Trade payables to third parties 8 442.994.548 321.195.923 Payables related to employee benefits 18 219.634.885 102.203.827 Other payables 28.420.155 19.402.947 -Other long-term payables to third parties 9 28.420.155 19.402.947 Deferred income 17 94.585.719 53.572.646 Current profit tax liability 29 165.854.988 49.917.869 Short-term provisions 57.192.656 63.115.169 -Provisions for employee benefits 14 46.513.558 54.068.019 -Other short-term provisions 14 10.679.098 9.047.150 Other current liabilities 15 117.735.926 25.182.643 Total current liabilities 2.139.547.574 1.689.558.051 Non-current liabilities Long-term financial liabilities 7 498.445.840 634.359.293 Lease liabilities 7 1.501.108.498 1.063.130.627 Other payables 54.166.153 39.168.652 -Other long-term payables to third parties 9 54.166.153 39.168.652 Long-term provisions 143.103.765 45.879.138 -Provisions related to employee benefits 14 143.103.765 45.879.138 Deferred tax liability 29 122.139.556 85.460.436 Other non-current liabilities 15 324.900.195 235.346.924 Deferred income 17 15.269.112 2.078.680 Total non-current liabilities 2.659.133.119 2.105.423.750 Total liabilities 4.798.680.693 3.794.981.801 EQUITY Equity attributable to equity holders of the parent 2.792.439.059 1.353.924.062 Paid-in capital 19 24.300.000 24.300.000 Accumulated other comprehensive income or expenses that will not be reclassified subsequently to profit or loss 340.290.526 86.094.176 - Foreign currency translation differences 416.969.078 121.050.632 - Loss on remeasurement of defined benefit plans (76.678.552) (34.956.456) Accumulated other comprehensive income or expenses that will be reclassified subsequently to profit or loss 881.598.528 613.208.705 - Foreign currency translation differences 881.598.528 613.208.705 Restricted reserves appropriated from profit 19 91.996.776 74.387.905 Prior years’ profit 374.299.405 22.479.380 Net profit for the period 1.079.953.824 533.453.896 Non-controlling interests 459.467.272 315.921.024 Total equity 3.251.906.331 1.669.845.086 Total liabilities and equity 8.050.587.024 5.464.826.887 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF 31 DECEMBER 2022 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.)