CELEBI GROUND HANDLING 2025 AR

103 Çelebi Ground Handling 2025 Annual Report ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2025 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) The purchase price and the fair values of the acquired assets and liabilities under IFRS 3 are summarized in the following table: 27 March 2024 Cash and cash equivalents 3.966.560 Trade receivables 71.666.910 Other receivables 1.021.232 Other current assets 15.332.951 Financial investments 1.373.301 Property, plant, and equipment 30.551.144 Deferred tax asset 6.913.971 Other non-current assets 1.219.439 Trade and other payables (77.305.167) Short-term borrowings (10.682.976) Other short-term liabilities (51.262.264) Long-term borrowings (2.150.961) Long-term provisions (42.600.621) Total identifiable assets value (100%) (51.956.481) Foreign currency translation differences (13.950.744) Total purchase consideration 70.686.000 Goodwill 108.691.737 2.8.11 Business Combinations and Goodwill As of 31 December 2025, the net assets of TCC have been provisionally recognized in the consolidated financial statements in accordance with the provisions of IFRS 3 “Business Combinations.” Under IFRS 3, any adjustments arising from the subsequent allocation of the purchase price in provisional amounts will be made during the measurement period as required by IFRS 3. The purchase price and the provisional fair values of the acquired assets and liabilities under IFRS 3 are summarized in the following table: 23 December 2025 Tanbigle Assets 833.286.892 Total identifiable assets value (100%) (provisional) 833.286.892 Total purchase consideration 1.632.249.430 Goodwill 798.962.538 2.8.12 Trade Payables Trade payables represent the mandatory payments for goods and services obtained from suppliers as part of the company’s ordinary operations. Trade payables are initially recognized and recorded at their fair values. 2.8.13 Foreign Currency Transactions Transactions in foreign currencies during the period are translated into the functional currency at the exchange rates prevailing at the transaction dates. Foreign currency-denominated monetary assets and liabilities are translated at the exchange rates prevailing at the balance sheet date. Exchange differences arising from the translation of monetary assets and liabilities are recognized in the consolidated income statement. When translating foreign currency assets and liabilities into the presentation currency, the daily or average exchange rate is used.