ÇHS AR21-ENG-030622

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2021 ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) 102 Çelebi Ground Handling Inc. 2021 Annual Report NOTE 17 - DEFERRED INCOME Short-term deferred income 31 December 2021 31 December 2020 Other advances received 53.489.033 23.058.109 Deferred income 83.613 1.043.785 53.572.646 24.101.894 Long-term deferred income 31 December 2021 31 December 2020 Deferred income 2.078.680 2.000.589 2.078.680 2.000.589 NOTE 18 - PAYABLES RELATED TO EMPLOYEE BENEFITS 31 December 2021 31 December 2020 Bonus payable accruals 47.547.721 12.597.401 Wages and salaries payable 39.651.307 18.514.214 Social security withholdings payable 15.004.799 4.692.799 102.203.827 35.804.414 NOTE 19 - EQUITY Share Capital As of 31 December 2021, the authorized share capital of the Group is TL 24.300.000 comprising of TL 2.430.000.000 registered shares with a face value each of 1 Kr (31 December 2020: 2.430.000.000). At 31 December 2021 and 2020, the shareholding structure of the Group is stated in historical amounts below: 31 December 2021 31 December 2020 Shareholders Amount Share % Amount Share % Çelebi Havacılık Holding A.Ş. (ÇHH) 21.848.528 89,91 21.848.528 89,91 Other 2.451.472 10,09 2.451.472 10,09 24.300.000 100,00 24.300.000 100,00