CELEBI GROUND HANDLING 2025 AR

113 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 results of the discontinued operations of the subsidiaries located in India as of 31 December 2025 are presented below: 1 January - 1 January - 31 December 2025 31 December 2024 Discontinued Operations Discontinued Operations Revenue 3.327.235.904 6.477.207.486 Cost of sales (-) (2.434.011.071) (4.864.707.438) Gross profit 893.224.833 1.612.500.048 General administrative expenss (-) (389.730.196) (420.006.208) Other operating income 603.558.168 13.214.089 Other operating expenses (-) (154.809.250) (26.688.858) Operating profit 952.243.555 1.179.019.071 Income from investing activities 75.430.744 14.033.359 Expenses from investing activities (-) (*) (467.891.395) - Operating profit before finance expense 559.782.904 1.193.052.430 Finance income (**) 239.338.218 188.416.367 Finance expenses (-) (***) (149.532.706) (227.355.942) Profit before tax 649.588.416 1.154.112.855 Tax expense (374.547.612) (378.002.015) Current tax expense (76.801.711) (392.725.190) Deferred tax income/(expense) (297.745.901) 14.723.175 Profit for the period 275.040.804 776.110.840 (*) Under expenses from investing activities, the Group management recognized an impairment provision of TL 381.439.217 for the portion of the IFRIC 12 assets considered doubtful and TL 83.830.161 related to deposits. (**) Of the total finance income, TL 23.825.423 consists of interest income (31 December 2024: TL 147.654.962). (***) Of the total finance expenses, TL 35.927.308 consists of interest expenses and interest expenses related to lease liabilities (31 December 2024: TL 93.729.190). Cash flows arising from the discontinued operations of the subsidiaries located in India as of 31 December 2025 are presented below: 31 December 2025 31 December 2024 Net cash flows from operating activities (410.523.230) 561.589.680 Net cash flow from investing activities 1.104.942.896 (738.867.660) Net cash flow from financing activities (801.653.758) 224.564.384 (107.234.092) 47.286.404