ÇELEBİ HAVA SERVİSİ ANNUAL REPORT 2024

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ VE BAĞLI ORTAKLIKLARI 126 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 26. Expenses from investing activities 1 January - 31 December 2024 1 January - 31 December 2023 Loss from the sale of fixed assets and abandonment (1.885.230) (7.525.997) (1.885.230) (7.525.997) 27. Finance income 1 January - 31 December 2024 1 January - 31 December 2023 Interest income 292.871.235 119.302.896 Income from financial instruments 67.933.300 - Foreign exchange income 67.636.897 187.448.593 Other financial income 243.696.640 99.562.103 672.138.072 406.313.592 28. Finance expenses 1 January - 31 December 2024 1 January - 31 December 2023 Interest expenses (260.400.744) (185.786.445) Foreign exchange losses (125.855.281) (105.211.705) Interest expenses related to lease liabilities (*) (177.208.200) (104.571.098) Other finance expenses (106.521.345) (73.990.726) (669.985.570) (469.559.974) (*) It consists of expenses that do not generate cash outflows within the scope of TFRS 16. 29. Tax assets and liabilities 31 December 2024 31 December 2023 Current period corporate tax provision 537.451.118 327.129.782 Current income tax liability, net (*) 537.451.118 327.129.782 Deferred tax assets 817.947.292 641.945.756 Deferred tax liabilities (337.111.277) (433.857.990) Deferred tax assets - net 480.836.015 208.087.766 (*) Current income tax assets and current income tax liabilities from the different subsidiaries of the Group have been separately presented as net in the balance sheet. Income Taxes Turkish tax legislation does not permit a parent company, its subsidiaries, to file a tax return on its consolidated financial statements. Therefore, the tax liabilities of the Group’s consolidated financial statements are calculated separately for all companies included in the scope of consolidation.