CELEBI GROUND HANDLING 2023 ANNUAL REPORT

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES 79 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.) Current Period Prior Period Audited Audited Notes 1 January - 31 December 2023 1 January - 31 December 2022 B. Cash flows from investing activities (1.829.470.723) (330.161.845) Cash inflows from sale of property, plant and equipment and intangible assets 31.402.648 953.074 - Cash inflows from sale of property, plant and equipment 31.402.648 953.074 Cash outflows from purchase of property, plant and equipment and intangible assets (691.631.564) (364.440.342) - Cash outflows from purchase of property, plant and equipment 11 (554.914.556) (221.466.768) - Cash outflows from purchase of intangible assets 13 (136.717.008) (142.973.574) Dividends received - 3.680.527 Cash inflows from cash advances and debts given to related parties (898.151.899) 80.101.695 Other cash inflows/(outflows) (271.089.908) (50.456.799) C. Cash flows from financing activities (809.389.734) (1.009.236.774) Lease payments 7 (335.810.757) (185.916.269) Cash inflows from borrowings 7 1.741.187.223 313.965.093 Cash outflows due to debt payments 7 (827.378.252) (943.342.149) Dividends paid (1.305.436.481) (164.025.000) Interest paid (185.786.445) (93.411.378) Interest received 119.302.896 63.492.929 Cash outflows arising from changes in partnership shares that do not lead to loss of control in subsidiaries (15.467.918) - NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS BEFORE THE EFFECT OF FOREIGN CURRENCY TRANSLATION DIFFERENCES 32.777.898 363.172.945 D. Foreign currency translation differences 1.413.591.365 470.782.786 Net increase/decrease in cash and cash equivalents 1.446.369.263 833.955.731 E. Cash and cash equivalents at the beginning of the period 1.927.530.563 1.093.574.832 Cash and cash equivalents at the end of the period 4 3.373.899.826 1.927.530.563 CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE PERIOD 1 JANUARY - 31 DECEMBER 2023