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.) 84 Çelebi Ground Handling Inc. 2021 Annual Report Summary information of financial statements of the investment accounted by using the equity method: Summary information of DASPL is as follows: 31 December 2021 31 December 2020 Total Assets 93.492.109 53.299.466 Total Liabilities 10.045.060 7.745.258 1 January - 31 December 2021 1 January - 31 December 2020 Total Sales Income 61.779.125 37.845.244 Profit for the Period 15.131.266 6.203.840 NOTE 7 - SHORT-TERM AND LONG-TERM BORROWINGS Short-term borrowings: 31 December 2021 Effective interest rate (%) Original balance TL Short-term borrowings: TL borrowings 20,24-21,00 72.619.920 72.619.920 EUR borrowings 3,00-3,95 6.450.000 97.484.655 170.104.575 Short-term lease obligations: INR lease obligation 229.230.924 40.028.304 EUR lease obligation 9.335.527 141.096.228 TL lease obligation 16.991.050 16.991.050 HUF lease obligation 24.189.990 961.794 Total short-term lease obligations 199.077.376 Short-term portion of long-term financial liabilities: 31 December 2021 Effective interest rate (%) Original balance TL Short-term portion of long-term financial liabilities: Interest expense accrual - EUR 568.679 8.594.951 Interest expense accrual -INR 3.584.790 625.976 Interest expense accrual -TL 2.332.336 2.332.336 INR borrowings 5,50-8,68 616.115.353 107.586.063 EUR borrowings 1,89-5,75 29.801.131 450.411.311 TL borrowings 9,95-21,00 104.454.298 104.454.298 Total short-term portion of long-term financial liabilities: 674.004.935 Total short-term liabilities: 1.043.186.886