CELEBI GROUND HANDLING 2025 AR

118 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 movement table of borrowings from lease transactions between 1 January 2025 and 31 December 2024 is as follows: 31 December 2025 31 December 2024 Beginning of the period - 1 January 3.096.211.615 3.012.379.136 Additions 1.477.606.958 36.274.389 Terminated leases (*) (475.344.348) - Interest expense 207.394.239 149.646.796 Lease payments (617.446.870) (441.991.640) Exchange differences and foreign currency translation differences 869.783.916 339.902.934 End of the period - 31 December 4.558.205.510 3.096.211.615 (*) This amount results from the termination of lease agreements pertaining to the Group’s subsidiaries in India, as detailed in Note 1.2. 8. Trade receivables and payables Short-term trade receivables 31 December 2025 31 December 2024 Trade receivables from third parties 2.185.483.668 2.195.169.876 Less: Provision for impairment (79.111.735) (207.238.629) Trade receivables from third parties (net) 2.106.371.933 1.987.931.247 Trade receivables from related parties (Note 31) - 3.343.182 Total short-term trade receivables 2.106.371.933 1.991.274.429 The average collection period of trade receivables is 0-2 months, and they are classified as short-term trade receivables. Movements of provisions for doubtful receivables within accounting periods are as follows: 31 December 2025 31 December 2024 Opening balance 207.238.629 170.963.628 Additional provisions in the current period 5.784.739 6.872.149 Foreign currency translation differences 45.399.951 13.355.569 Collections and provisions released (179.311.584) - Purchase effect (Note 2) - 16.047.283 Closing balance 79.111.735 207.238.629