CELEBI GROUND HANDLING 2025 AR

122 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.) 11. Property, plant and equipment Movements in property, plant and equipment for the period ended on 31 December 2025 are as follows: Opening 1 January 2025 Additions Disposals Transfers (*) Transfers to assets held fore sale (Note 6) Foreign currency translation differences Purchase Impact (Note 2) Closing 31 December 2025 Cost Buildings - - - - - 693.043.102 693.043.102 Plant, machinery and equipment 4.202.385.215 260.549.465 (211.741.783) 1.227.697.085 (2.014.140.307) 1.107.367.871 757.339.319 5.329.456.865 Motor vehicles 754.420.159 21.935.767 (54.344.447) 264.308.689 (253.886.111) 224.180.244 30.838.500 987.452.801 Furniture and fixtures 392.111.992 102.809.125 (14.012.769) 8.536.839 (38.451.427) 103.723.817 12.920.542 567.638.119 Leasehold improvements 1.190.913.972 93.546.117 - 72.765.706 (16.878.680) 339.875.065 - 1.680.222.180 Construction in progress 179.163.758 2.050.228.445 - (1.306.899.821) (292.105.582) 83.745.482 - 714.132.282 6.718.995.096 2.529.068.919 (280.098.999) 266.408.498 (2.615.462.107) 1.858.892.479 1.494.141.463 9.971.945.349 Accumulated depreciation Buildings - - - - - - (120.094.422) (120.094.422) Plant, machinery and equipment (2.103.103.163) (343.250.526) 91.405.477 (65.586.811) 1.364.629.778 (560.005.670) (503.739.766) (2.119.650.681) Motor vehicles (427.007.388) (74.819.716) 30.076.530 (8.853.804) 180.493.249 (57.131.565) (28.242.397) (385.485.091) Furniture and fixtures (231.309.580) (76.306.705) 12.722.433 (553.549) 31.042.223 (51.395.465) (8.777.987) (324.578.630) Leasehold improvements (363.635.061) (79.474.523) - (8.951) 16.602.561 (80.728.913) (507.244.887) (3.125.055.192) (573.851.470) 134.204.440 (75.003.115) 1.592.767.811 (749.261.613) (660.854.572) (3.457.053.711) Net book value 3.593.939.904 6.514.891.638 Depreciation cost amounting to TL 347.440.578 for the period ended on 31 December 2025 was included in cost of sales and TL 11.569.369 was included in general administrative expenses. (*) As disclosed in detail in Note 1.2, prior to the cessation of operations in India, capital expenditures with a net carrying amount of TL 191.405.382, which were previously recognized under intangible assets, have been transferred to property, plant and equipment. Movements in property, plant and equipment for the period ended on 31 December 2024 are as follows: Opening 1 January 2024 Additions Disposals Transfers Foreign currency translation differences Purchase Impact (Note 2) Closing 31 December 2024 Cost Plant, machinery and equipment 2.755.861.609 363.803.398 (103.919.489) 585.546.267 428.885.673 172.207.757 4.202.385.215 Motor vehicles 616.285.009 36.540.046 (1.714.387) 40.031.572 56.682.538 6.595.381 754.420.159 Furniture and fixtures 288.033.831 56.257.405 (5.640.231) 16.102.455 37.358.532 - 392.111.992 Leasehold improvements 926.935.091 112.166.513 (3.522.130) 34.347.545 120.986.953 - 1.190.913.972 Construction in progress 111.619.899 739.308.769 - (676.027.839) 4.262.929 - 179.163.758 4.698.735.439 1.308.076.131 (114.796.237) - 648.176.625 178.803.138 6.718.995.096 Accumulated depreciation Plant, machinery and equipment (1.574.792.231) (224.708.035) 94.989.595 (1.138.293) (255.797.586) (2.103.103.163) Motor vehicles (338.123.376) (49.802.874) 1.699.039 - (34.184.796) (427.007.388) Furniture and fixtures (173.031.486) (40.799.795) 4.859.663 1.138.293 (23.476.255) (231.309.580) Leasehold improvements (285.820.396) (43.699.243) 2.759.671 - (36.875.093) (363.635.061) (2.371.767.489) (359.009.947) 104.307.968 - (350.333.730) (3.125.055.192) Net book value 2.326.967.950 3.593.939.904 Depreciation cost amounting to TL 203.717.469 for the period ended on 31 December 2024 was included in cost of sales and TL 10.189.289 was included in operating expenses.