ÇELEBİ HAVA SERVİSİ ANNUAL REPORT 2024

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ VE BAĞLI ORTAKLIKLARI 135 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 31 December 2023 TL Equivalent USD Euro GBP TL 1. Trade Receivables 421.777.837 3.232.156 6.254.083 - 122.370.366 2. Monetary Financial Assets 718.331.300 8.866.806 7.139.824 2.265 223.761.396 3. Other 242.856.212 21.975 3.293.851 72.727 131.984.000 4. Current Assets (1+2+3) 1.382.965.349 12.120.937 16.687.758 74.992 478.115.762 5. Other 572.383.040 44.506 17.500.000 - - 6. Non-Current Assets (5) 572.383.040 44.506 17.500.000 - - 7. Total Assets (4+6) 1.955.348.389 12.165.443 34.187.758 74.992 478.115.762 8. Trade Payables 194.939.662 2.973.248 1.009.408 - 74.315.106 9. Financial Liabilities 270.129.804 - 7.399.112 - 28.677.542 10. Other Monetary Liabilities 428.574.411 414.218 285.355 81.243 403.988.973 11. Current liabilities (8+9+10) 893.643.877 3.387.466 8.693.875 81.243 506.981.621 12. Financial Liabilities 1.149.762.223 - 33.481.595 - 57.170.726 13. Other Monetary Liabilities 1.980.460 - - - 1.980.460 14. Non-Current Liabilities (12+13) 1.151.742.683 - 33.481.595 - 59.151.186 15. Total Liabilities (11+14) 2.045.386.560 3.387.466 42.175.470 81.243 566.132.807 16. Net Foreign Currency Asset/ (Liability) Position (7-15) (90.038.171) 8.777.977 (7.987.712) (6.251) (88.017.045) 17. Net Monetary Foreign Currency Asset/(Liability) Position (7-15) (90.038.171) 8.777.977 (7.987.712) (6.251) (88.017.045) Capital risk management The Group’s objectives when managing capital is able to maintain operations of the Group for maintaining optimal capital structure in order to provide return for its shareholders, reduce capital cost and benefit for other shareholders. The shareholders of the Company, in order to maintain or modify capital structure, can change the amount of dividends paid to shareholders, return capital to shareholders, issue new shares and sell assets to decrease financing needs, in consistency with the regulations of the CMB. Consistent with others in the industry, the Group monitors capital on the basis of the debt/equity ratio. This ratio is found by dividing net debt to total capital. Net debt is calculated as total liabilities less cash and cash equivalents. Total capital invested is calculated as equity, as shown in the balance sheet, plus net debt.