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.) 130 Çelebi Ground Handling Inc. 2023 Annual Report Foreign currency denominated assets and liabilities of the Group as of 31 December 2023 and 2022 are as follows: 31 December 2023 31 December 2022 Assets denominated in foreign currency 1.955.348.389 768.816.458 Liabilities denominated in foreign currency (-) 2.045.386.560 (820.399.159) Net foreign currency position (90.038.171) (51.582.701) The table below summarizes TL equivalents of foreign currency denominated assets and liabilities of the Group as of 31 December 2023 and 2022: 31 December 2023 TL Equivalent USD Euro GBP TL 1. Trade Receivables 421.777.837 3.232.156 6.254.083 - 122.370.366 2. Monetary Financial Assets 718.331.300 8.866.806 7.139.824 2.265 223.761.396 3. Other 242.856.212 21.975 3.293.851 72.727 131.984.000 4. Current Assets (1+2+3) 1.382.965.349 12.120.937 16.687.758 74.992 478.115.762 5. Other 572.383.040 44.506 17.500.000 - - 6. Non-Current Assets (5) 572.383.040 44.506 17.500.000 - - 7. Total Assets (4+6) 1.955.348.389 12.165.443 34.187.758 74.992 478.115.762 8. Trade Payables 194.939.662 2.973.248 1.009.408 - 74.315.106 9. Financial Liabilities 270.129.804 - 7.399.112 - 28.677.542 10. Other Monetary Liabilities 428.574.411 414.218 285.355 81.243 403.988.973 11. Current liabilities (8+9+10) 893.643.877 3.387.466 8.693.875 81.243 506.981.621 12. Financial Liabilities 1.149.762.223 - 33.481.595 - 57.170.726 13. Other Monetary Liabilities 1.980.460 - - - 1.980.460 14. Non-Current Liabilities (12+13) 1.151.742.683 - 33.481.595 - 59.151.186 15. Total Liabilities (11+14) 2.045.386.560 3.387.466 42.175.470 81.243 566.132.807 16. Net Foreign Currency Asset/(Liability) Position (7-15) (90.038.171) 8.777.977 (7.987.712) (6.251) (88.017.045) 17. Net Monetary Foreign Currency Asset/(Liability) Position (7-15) (90.038.171) 8.777.977 (7.987.712) (6.251) (88.017.045)