CELEBI GROUND HANDLING 2023 ANNUAL REPORT

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2023 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) 102 Çelebi Ground Handling Inc. 2023 Annual Report Shares of profit/loss from investments accounted using the equity method: 1 January - 31 December 2023 1 January - 31 December 2022 DASPL 901.875 (6.329.697) 901.875 (6.329.697) Summary information of financial statements of the investment accounted by using the equity method: Summary information of DASPL is as follows: 31 December 2023 31 December 2022 Total Assets 115.038.960 69.559.096 Total Liabilities 8.161.470 4.866.078 1 January - 31 December 2023 1 January - 31 December 2022 Total Sales Income - 26.281.810 Profit/(Loss) for the Period (*) 3.607.500 (25.328.921) (*) DASPL’s operations ended as of 1 April 2022, and the net loss for the period after 31 March 2022 is shown under “Profit for the period/(loss) from discontinued operations. NOTE 7 - SHORT-TERM AND LONG-TERM BORROWINGS Short-term borrowings: 31 December 2023 Effective interest rate (%) Original amount TL Short-term loans: EUR borrowings 6,50-12,00 32.950.000 1.075.244.170 Total short-term loans 1.075.244.170 Short-term finance lease obligations: 31 December 2023 Effective interest rate (%) Original amount TL INR finance lease obligation 418.833.092 157.921.002 EUR finance lease obligation 13.308.211 434.281.536 TL finance lease obligation 28.677.542 28.677.542 HUF finance lease obligation 48.677.165 4.154.596 Total short-term finance lease obligations 625.034.676