ÇELEBİ HAVA SERVİSİ ANNUAL REPORT 2024

23 Çelebi Ground Handling 2024 Annual Report IV - FINANCIAL STANDING 11. KEY FINANCIAL RATIOS The key ratios showing our Company’s financial structure, profitability, and debt-servicing were calculated on the basis of the consolidated financial statements dated 31 December 2024 and 31 December 2023. 31 December 2024 31 December 2023 Current Ratio (Current Assets/Current Liability) 1.31 1.26 Cash Ratio (Cash Assets/Current Liabilities) 0.69 0.70 Short-Term Liabilities/Total Liabilities 53.30% 48.32% External Resources/Shareholders’ Equity 155.20% 192.60% 31 December 2023 31 December 2022 Average Collection Time 31.27 31.53 Gross Profit Margin 31.29% 33.75% Operating Profit (Loss)/Net Sales Revenues 22.21% 25.41% Operating Profit (Loss)/Total Assets 21.74% 18.10% EBITDA/Net Sales Revenues 26.83% 31.62% 12. INFORMATION ABOUT PRODUCTION AND SALES OF GOODS AND SERVICES The number of aircraft serviced by our Company in the year ended 31 December 2024 is stated below: Number of Aircraft Serviced 2024 January-December 2023 January-December 2024-2023 % International Flights 60,137 44,566 34.9 Domestic Flights 55,870 50,178 11.3 Turkey Total 116,007 94,744 22.4 Celebi NAS 32,890 31,893 3.1 CASI 30,530 35,327 (13.6) Celebi CGHI 588 40 1,369.3 Celebi CGSC 1,525 188 710.9 India Total 65,533 67,448 (2.8) Celebi Tanzania 405 365 11 PT. Prathita Titiannusantara (“PTN”) 34,556 - - Hungary 35,687 30,786 15.9 Grand Total 252,188 193,343 30.4 The weights of cargo handled by the Company in 2024 are stated below: 31.12.2024 31.12.2023 Group (Consolidated) Express Cargo Domestic WT (Import) WT (Export) Express Cargo Domestic WT (Import) WT (Export) Celebi Delhi Cargo (India) 36,881 132,871 170,348 167,320 33,031 118,510 153,233 136,926 Celebi Cargo GmbH (Germany) - - 105,673 73,623 - - 62,617 95,894 Çelebi Hava Servisi A.Ş. - - 38,706 51,456 - - 23,754 38,960 Celebi GHH (Hungary) - - 90,417 23,721 - - 38,243 19,341 Total (tons) 36,881 132,871 405,144 316,120 33,031 118,510 277,847 291,121