ÇHS AR21-ENG-030622

ÇELEBİ HAVA SERVİSİ ANONİM ŞİRKETİ AND ITS SUBSIDIARIES 52 Çelebi Ground Handling Inc. 2021 Annual Report Current Period Prior Period Audited Audited Notes 1 January - 31 December 2021 1 January - 31 December 2020 CONTUNUING OPERATIONS Revenue 20 2.560.188.835 1.541.501.101 Cost of sales (-) 20 (1.728.319.360) (1.151.639.694) GROSS PROFIT 831.869.475 389.861.407 General administrative expenses (-) 22 (278.201.455) (203.731.823) Other operating income 23 60.483.487 373.026.812 Other operating expenses (-) 24 (88.395.811) (353.420.853) OPERATING PROFIT 525.755.696 205.735.543 Income from investing activities 25 84.541.331 11.666.817 Expenses from investing activities (-) 26 (1.219.124) (1.453.891) Shares of profits from of investments valued by equity method 6 3.781.303 3.059.271 OPERATING PROFIT BEFORE FINANCE EXPENSE 612.859.206 219.007.740 Finance income 27 188.534.725 109.917.535 Finance expenses (-) 28 (171.358.032) (462.002.557) (LOSS) / PROFIT BEFORE TAX FROM CONTINUING OPERATIONS 630.035.899 (133.077.282) Tax expense (65.112.502) (16.868.774) Current tax expense 29 (60.961.994) (49.742.669) Deferred tax income/(expense) 29 (4.150.508) 32.873.895 PROFIT/(LOSS) FOR THE PERIOD FROM CONTINUING OPERATIONS 564.923.397 (149.946.056) Profit for the Period Attributable to Non-controlling interests 31.469.501 19.233.555 Equity holder of the Parent 533.453.896 (169.179.611) 564.923.397 (149.946.056) Earnings/(loss) per share (Kr) 30 0,220 (0,070) CONSOLIDATED FINANCIAL STATEMENT OF PROFIT OR LOSS FOR THE PERIOD 1 JANUARY - 31 DECEMBER 2021 (Amounts expressed in Turkish Lira (“TL”) unless otherwise indicated.) The accompanying notes form an integral part of these consolidated financial statements.