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.) 86 Çelebi Ground Handling Inc. 2021 Annual Report Short-term portion of long-term borrowings: 31 December 2020 Effective interest rate (%) Original balance TL Short-term portion of long-term borrowings: Interest expense accrual - EUR - 443.553 3.995.479 Interest expense accrual - INR - 6.088.638 610.386 Interest expense accrual -TL - 7.189.672 7.189.672 INR borrowings 8,10-9,40 401.004.519 40.200.703 EUR borrowings 0,42-4,47 29.416.101 264.977.297 TL borrowings 17,50-19,75 119.500.000 119.500.000 Short-term portion of total long-term borrowings: 436.473.537 Total short-term liabilities: 718.410.700 Long-term financial liabilities: 31 December 2020 Effective interest rate (%) Original balance TL Long-term borrowings: INR borrowings 8,80-9,75 971.693.416 97.412.265 EUR borrowings 1,93-5,75 37.491.871 337.723.029 TL borrowings 9,25-19,75 70.000.000 70.000.000 505.135.294 Long-term lease obligations: INR lease obligations 224.774.913 22.533.685 EUR lease obligations 46.109.976 415.354.049 TL lease obligations 11.482.008 11.482.008 HUF lease obligations 5.370.046.278 132.747.544 Total long-term lease obligations 582.117.286 Total long-term financial liabilities 1.087.252.580 Total financial liabilities 1.805.663.280 As of 31 December 2021 and 2020, the repayment dates of the Group’s borrowings are as follows: 31 December 2021 31 December 2020 Less than 3 months 337.616.272 245.906.622 Between 3-12 months 705.570.614 472.504.078 Between 1-5 years 1.168.656.947 748.068.226 5 years and more 528.832.973 339.184.354 2.740.676.806 1.805.663.280