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.) 103 Çelebi Ground Handling Inc. 2023 Annual Report Short-term portion of long-term borrowings: 31 December 2023 Effective interest rate (%) Original amount TL Interest expense accrual - EUR 2.811.447 91.744.821 Interest expense accrual -INR 4.066.030 1.440.635 EUR borrowings 5,95-7,44 11.441.178 373.355.385 INR borrowings 8,01-9,75 514.407.307 183.936.224 Total short-term portion of long-term borrowings 650.477.065 Total short-term borrowings: 2.350.755.911 Long-term borrowings: 31 December 2023 Effective interest rate (%) Original amount TL INR borrowings 8,01-9,75 1.308.327.848 539.413.622 EUR borrowings 5,95-7,44 28.316.176 924.030.445 1.463.444.067 Long-term finance lease obligations: INR finance lease obligation 790.659.098 302.681.940 EUR finance lease obligation 61.946.696 2.021.481.751 TL finance lease obligation 57.170.726 57.170.726 HUR finance lease obligation 70.416.438 6.010.043 Total long-term finance lease obligations 2.387.344.460 Total long-term borrowings 3.850.788.527 Total financial liabilities 6.201.544.438 Short-term finance lease obligations: 31 December 2022 Effective interest rate (%) Original amount TL INR finance lease obligations 329.465.625 74.673.384 EUR finance lease obligations 10.653.137 212.751.662 TL finance lease obligations 29.552.607 29.552.607 HUF finance lease obligations 13.829.613 690.236 Total short-term finance lease obligations 317.667.889