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.) 109 Çelebi Ground Handling Inc. 2023 Annual Report NOTE 10 - INVENTORIES 31 December 2023 31 December 2022 Trade goods 45.989.646 16.234.843 Other inventories (*) 90.402.640 48.433.196 136.392.286 64.668.039 (*) Other inventories include fuel oil, baggage sticker, boarding passes, miscellaneous periodicals, clothes and spare parts. NOTE 11 - PROPERTY, PLANT AND EQUIPMENT Movements in property, plant and equipment for the period ended on 31 December 2023 are as follows: Opening 1 January 2023 Additions Disposals Transfers Foreign currency translation differences Closing 31 December 2023 Cost Plant, machinery and equipment 1.489.198.096 299.483.444 (33.558.808) 72.739.935 927.998.942 2.755.861.609 Motor vehicles 323.134.741 53.377.895 (5.557.353) 32.154.919 213.174.807 616.285.009 Furniture and fixtures 161.464.516 23.369.386 (6.616.975) 6.812.104 103.004.800 288.033.831 Leasehold improvements 522.334.696 50.564.118 - 4.830.744 349.205.533 926.935.091 Construction in progress 120.831.028 128.119.713 - (198.456.220) 61.125.378 111.619.899 2.616.963.077 554.914.556 (45.733.136) (81.918.518) 1.654.509.460 4.698.735.439 Accumulated depreciation Plant, machinery and equipment (925.053.586) (129.146.302) 26.950.855 128.298 (547.671.496) (1.574.792.231) Motor vehicles (190.978.302) (28.981.075) 3.713.212 - (121.877.211) (338.123.376) Furniture and fixtures (92.351.471) (24.541.458) 6.409.959 (118.190) (62.430.326) (173.031.486) Leasehold improvements (142.966.800) (31.237.923) - (10.108) (111.605.565) (285.820.396) (1.351.350.159) (213.906.758) 37.074.026 - (843.584.598) (2.371.767.489) Net book value 1.265.612.918 2.326.967.950 Depreciation cost amounting to TL 203.717.469 for the period ended on 31 December 2023 was included in cost of sales and TL 10.189.289 was included in general administrative expenses.