CELEBI GROUND HANDLING 2025 AR

136 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.) Deferred Taxes The Group calculates deferred tax assets and liabilities on temporary differences on statement of financial position items arising from different evaluation of financial statements prepared in accordance with TAS and statutory accounting standards. In general, such temporary differences are resulted from accounting of income and expenses in different reporting periods in accordance with Tax laws and TAS accounting standards. Rates for deferred tax assets and liabilities calculated by liability method over temporary differences to be realized in future periods are 25%, 9%, 31,93%, 22% and 25,17% for Türkiye, Hungary, Germany, Indonesia and India, respectively. The details of cumulative temporary differences and the related deferred tax assets and liabilities calculated with currently enacted tax rates at 31 December 2025 and 2024 are as follows: Total temporary differences Deferred tax assets (liabilities) 31 December 2025 31 December 2024 31 December 2025 31 December 2024 Deferred tax assets Personnel bonus accrual (249.317.932) (164.429.112) 62.329.483 41.107.278 Accrued sales commissions (210.450.296) (227.620.380) 52.612.574 56.905.095 Provision for employment termination benefits (707.253.557) (247.550.034) 176.813.389 61.895.395 Adjustments related with TFRS 16 (858.729.608) (781.673.475) 214.682.402 178.768.846 Provision for unused vacation rights (196.720.712) (75.682.516) 49.180.178 18.920.629 Provision for litigation and indemnity (95.364.972) (32.823.768) 23.841.243 8.205.942 Adjustments related to property plant and equipment and intangible assets (674.997.556) (766.494.700) 232.848.830 153.298.940 Tax asset calculated on investment incentives (776.395.023) (528.367.172) 194.098.756 132.091.793 Deferred tax asset calculated over unused previous years’ losses -- (254.015.459) -- 81.567.110 Other (6.689.771) (377.206.682) 1.672.443 85.186.264 Deferred tax assets 1.008.079.297 817.947.292 Total temporary differences Deferred tax assets (liabilities) 31 December 2025 31 December 2024 31 December 2025 31 December 2024 Deferred tax liabilities Adjustments related to property, plant and equipment and intangible assets 2.939.223.734 1.748.730.512 (734.805.933) (322.597.855) Other 44.299.440 58.053.664 (11.074.860) (14.513.422) Deferred tax liabilities (745.880.793) (337.111.277) Deferred tax assets, net 262.198.504 480.836.015 The table of deferred tax movement is as follows: 1 January - 1 January - 31 December 2025 31 December 2024 As of 1 January 480.836.015 208.087.766 Foreign currency translation differences (8.446.407) 46.670.231 Deferred tax expense in discontinued operations (297.745.901) - Deferred tax income/(expense) for the current year 74.737.041 223.981.807 Recognized in other comprehensive income 12.817.756 2.096.211 As of the end of the period 262.198.504 480.836.015