ÇELEBİ HAVA SERVİSİ ANNUAL REPORT 2024

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ VE BAĞLI ORTAKLIKLARI 107 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2024 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) Çelebi Ground Handling 2024 Annual Report 7. Short-term and long-term borrowings Short-term borrowings: 31 December 2024 Effective interest rate (%) Original amount TL Short-term loans: INR borrowings 10,60 40.078.797 16.533.706 EUR borrowings 5,17-7,25 26.800.000 986.304.320 Total short-term loans 1.002.838.026 Short-term finance lease obligations: 31 December 2024 Effective interest rate (%) Original amount TL INR finance lease obligation 7,95-9,75 184.901.137 76.277.266 EUR finance lease obligation 1,90-6,24 14.670.077 539.894.060 TL finance lease obligation 15,87-28,00 37.996.926 37.996.926 HUF finance lease obligation 2-12,10 61.057.708 5.461.612 Total short-term finance lease obligations 659.629.864 Short-term portion of long-term borrowings: 31 December 2024 Effective interest rate (%) Original amount TL Interest expense accrual - EUR 1.114.114 41.002.060 Interest expense accrual -INR 3.728.417 1.538.084 EUR borrowings 6,23-7,24 9.691.176 356.658.536 INR borrowings 7,68-10,60 676.866.325 279.227.665 Total short-term portion of long-term borrowings 678.426.345 Total short-term borrowings: 2.340.894.235 Long-term borrowings: 31 December 2024 Effective interest rate (%) Original amount TL INR borrowings 7,68-10,60 1.204.573.709 496.922.792 EUR borrowings 6,23-7,24 32.775.000 1.206.198.660 1.703.121.452 Long-term finance lease obligations: INR finance lease obligation 7,95-9,75 967.364.996 399.067.082 EUR finance lease obligation 1,90-6,24 54.059.342 1.989.513.539 TL finance lease obligation 15,87-28,00 42.790.918 42.790.918 HUR finance lease obligation 2,00-12,10 58.247.200 5.210.212 Total long-term finance lease obligations 2.436.581.751 Total long-term borrowings 4.139.703.203 Total financial liabilities 6.480.597.438