CELEBI GROUND HANDLING 2025 AR

134 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.) 27. Finance income 1 January - 1 January - 31 December 2025 31 December 2024 Interest income 271.130.028 199.142.045 Foreign exchange income 59.519.971 67.636.897 Income from financial instruments - 67.933.300 Other financial income 39.759.768 149.009.463 370.409.767 483.721.705 28. Finance expenses 1 January - 1 January - 31 December 2025 31 December 2024 Interest expenses (293.229.775) (157.561.064) Interest expenses related to lease liabilities (*) (192.804.940) (132.392.918) Foreign exchange losses (124.733.057) (125.586.154) Expense from financial instruments (54.633.946) - Other finance expenses (62.291.032) (27.089.492) (727.692.750) (442.629.628) (*) It consists of expenses that do not generate cash outflows within the scope of TFRS 16. 29. Tax assets and liabilities 31 December 2025 31 December 2024 Current period corporate tax provision 123.586.036 537.451.118 Current income tax liability, net (*) 123.586.036 537.451.118 Deferred tax assets 273.273.365 817.947.292 Deferred tax liabilities (11.074.861) (337.111.277) Deferred tax assets - net 262.198.504 480.836.015 (*) Current income tax assets and current income tax liabilities from the different subsidiaries of the Group have been separately presented as net in the balance sheet. Income Taxes Turkish tax legislation does not permit a parent company, its subsidiaries, to file a tax return on its consolidated financial statements. Therefore, the tax liabilities of the Group’s consolidated financial statements are calculated separately for all companies included in the scope of consolidation. In Türkiye, the corporate tax rate is 25% for fiscal year 2025. (31 December 2024: 25%). The corporate tax rate is applied to the net corporate income to be deducted from deduction of exemptions and reductions in tax laws and an addition of expenses not subject to deduction according to tax legislation. In Hungary, the corporate tax rate is 9% for fiscal year 2025 (2024: 9%). The corporate tax rate is applicable on the total income of companies after adjusting for certain disallowable expenses, income tax exemptions (affiliation privilege, investment allowance exemption, etc.) and income tax deductions (such as research and development expenses).