CELEBI GROUND HANDLING 2023 ANNUAL REPORT

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES 70 Çelebi Ground Handling Inc. 2023 Annual Report The accompanying notes form an integral part of these consolidated financial statements. (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) Audited Audited Notes 31 December 2023 31 December 2022 ASSETS Current assets Cash and cash equivalents 4 3.377.164.246 1.928.963.765 Financial investments 383.735.754 117.856.757 - Restricted bank balances 5 109.337.443 60.756.407 - Time deposits 5 274.398.311 57.100.350 Trade receivables 1.347.527.814 561.665.795 - Trade receivables from related parties 31 4.213.897 1.682.036 - Trade receivables from third parties 8 1.343.313.917 559.983.759 Other receivables 488.326.000 382.034.765 - Other receivables from related parties 31 134.574.137 84.869.838 - Other receivables from third parties 9 353.751.863 297.164.927 Inventories 10 136.392.286 64.668.039 Prepaid expenses 16 258.893.730 95.196.252 Other current assets 15 114.249.793 42.507.926 Total current assets 6.106.289.623 3.192.893.299 Non-current assets Financial investments 5 51.257.197 47.877.504 - Restricted bank balances 5 51.225.309 47.832.174 - Other financial assets at fair value through profit/loss 31.888 45.330 Other receivables 1.553.514.423 423.549.399 - Other receivables from related parties 31 848.447.600 - - Other receivables from third parties 9 705.066.823 423.549.399 Investments accounted using equity method 6 25.998.200 19.463.360 Property, plant and equipment 11 2.326.967.950 1.265.612.918 Right-of-use assets 12 2.473.466.467 1.491.722.409 Intangible assets 1.737.253.009 1.093.201.305 - Goodwill 13 211.435.188 124.300.843 - Other intangible assets 13 1.525.817.821 968.900.462 Prepaid expenses 16 202.522.608 84.120.073 Deferred tax asset 29 641.945.756 340.335.572 Other non-current assets 15 139.802.659 91.811.185 Total non-current assets 9.152.728.269 4.857.693.725 Total assets 15.259.017.892 8.050.587.024 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF 31 DECEMBER 2023