ÇHS AR21-ENG-030622

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES 51 Çelebi Ground Handling Inc. 2021 Annual Report The accompanying notes form an integral part of these consolidated financial statements. Current Period Prior Period Audited Audited Notes 31 December 2021 31 December 2020 LIABILITIES Current liabilities Short-term financial liabilities 7 170.104.575 149.354.675 Short-term portion of long-term financial liabilities 7 674.004.935 436.473.537 Lease payables 7 199.077.376 132.582.488 Trade payables 293.952.430 128.227.619 - Trade payables to related parties 8 11.780.141 8.892.303 - Trade payables to third parties 8 282.172.289 119.335.316 Payables related to employee benefits 18 102.203.827 35.804.414 Other payables 58.426.581 86.794.158 - Other short-term payables to related parties 9 - 57.712.500 - Other long-term payables to third parties 9 58.426.581 29.081.658 Deferred income 17 53.572.646 24.101.894 Current profit tax liability 29 49.917.869 28.760.852 Short-term provisions 63.115.169 33.709.370 - Provisions for employee benefits 14 54.068.019 25.614.891 - Other short-term provisions 14 9.047.150 8.094.479 Other current liabilities 15 25.182.643 10.700.345 Total current liabilities 1.689.558.051 1.066.509.352 Non-current liabilities Long-term financial liabilities 7 634.359.293 505.135.294 Lease liabilities 7 1.063.130.627 582.117.286 Other payables 39.168.652 20.323.200 - Other long-term payables to third parties 9 39.168.652 20.323.200 Long-term provisions 45.879.138 34.788.905 - Provisions related to employee benefits 14 45.879.138 34.788.905 Deferred tax liability 29 85.460.436 29.562.138 Other non-current liabilities 15 235.346.924 75.435.163 Deferred income 17 2.078.680 2.000.589 Total non-current liabilities 2.105.423.750 1.249.362.575 Total liabilities 3.794.981.801 2.315.871.927 EQUITY Equity attributable to equity holders of the parent 1.353.924.062 356.603.862 Paid-in capital 19 24.300.000 24.300.000 Accumulated other comprehensive income or expenses that will not be reclassified subsequently to profit or loss 86.094.176 (27.110.446) - Foreign currency translation differences 121.050.632 - - Loss on remeasurement of defined benefit plans (34.956.456) (27.110.446) Accumulated other comprehensive income or expenses that will be reclassified subsequently to profit or loss 613.208.705 262.085.889 - Foreign currency translation differences 613.208.705 262.085.889 Restricted reserves appropriated from profit 19 74.387.905 74.387.905 Prior years’ profit 22.479.380 192.120.125 Net profit/(loss) for the period 533.453.896 (169.179.611) Non-controlling interests 315.921.024 89.693.613 Total equity 1.669.845.086 446.297.475 Total liabilities and equity 5.464.826.887 2.762.169.402 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS OF 31 DECEMBER 2021 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.)