CELEBI GROUND HANDLING 2023 ANNUAL REPORT

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES 71 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 LIABILITIES Current liabilities Short-term financial liabilities 7 1.075.244.170 - Short-term portion of long-term financial liabilities 7 650.477.065 692.168.864 Lease payables 7 625.034.676 317.667.889 Trade payables 980.101.930 446.286.492 - Trade payables to related parties 31 60.009.778 3.291.944 - Trade payables to third parties 8 920.092.152 442.994.548 Payables related to employee benefits 18 509.667.946 219.634.885 Other payables 178.121.458 28.420.155 - Other long-term payables to third parties 9 178.121.458 28.420.155 Deferred income 17 125.729.779 94.585.719 Current profit tax liability 29 327.129.782 47.980.681 Short-term provisions 122.442.111 57.192.656 - Provisions for employee benefits 14 86.611.202 46.513.558 - Other short-term provisions 14 35.830.909 10.679.098 Other current liabilities 15 258.896.400 235.610.233 Total current liabilities 4.852.845.317 2.139.547.574 Non-current liabilities Long-term financial liabilities 7 1.463.444.067 498.445.840 Lease liabilities 7 2.387.344.460 1.501.108.498 Other payables 54.600.101 54.166.153 - Other long-term payables to third parties 9 54.600.101 54.166.153 Deferred income 17 7.624.111 15.269.112 Long-term provisions 310.999.397 143.103.765 - Provisions related to employee benefits 14 310.999.397 143.103.765 Deferred tax liability 29 433.857.990 122.139.556 Other non-current liabilities 15 533.333.357 324.900.195 Total non-current liabilities 5.191.203.483 2.659.133.119 Total liabilities 10.044.048.800 4.798.680.693 EQUITY Equity attributable to equity holders of the parent 4.635.940.926 2.792.439.059 Paid-in capital 19 24.300.000 24.300.000 Accumulated other comprehensive income or expenses that will not be reclassified subsequently to profit or loss 819.326.670 340.290.526 - Foreign currency translation differences 1.015.384.235 416.969.078 - Loss on remeasurement of defined benefit plans (196.057.565) (76.678.552) Accumulated other comprehensive income or expenses that will be reclassified subsequently to profit or loss 1.610.002.813 881.598.528 - Foreign currency translation differences 1.610.002.813 881.598.528 Restricted reserves appropriated from profit 19 195.490.565 91.996.776 Prior years’ profit 319.097.790 374.299.405 Net profit for the period 1.667.723.088 1.079.953.824 Non-controlling interests 579.028.166 459.467.272 Total equity 5.214.969.092 3.251.906.331 Total liabilities and equity 15.259.017.892 8.050.587.024 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF 31 DECEMBER 2023