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.) 92 Çelebi Ground Handling Inc. 2021 Annual Report NOTE 11 - PROPERTY, PLANT AND EQUIPMENT Movements in property, plant and equipment for the period ended 31 December 2021 are as follows: Opening Foreign currency Closing 1 January 2021 Celebi Nas opening (*) Additions Disposals Transfers translation differences 31 December 2021 Cost Machinery, plant and equipment 484.734.159 127.523.040 32.208.802 (24.436.126) (262.396) 437.842.919 1.057.610.398 Motor vehicles 130.986.095 3.923.090 7.212.515 (9.739.686) - 84.103.757 216.485.771 Fixtures 67.853.295 3.359.524 2.628.694 (8.064.700) 27.727 45.572.021 111.376.561 Leasehold improvements 221.780.258 410.620 4.929.384 (502.013) 1.867.766 151.856.526 380.342.541 Construction in progress 3.392.979 - 39.897.496 - (1.633.097) 19.761.969 61.419.347 908.746.786 135.216.274 86.876.891 (42.742.525) - 739.137.192 1.827.234.618 Accumulated deprecition Machinery, plant and equipment (255.533.905) (109.050.309) (41.958.883) 17.067.281 27.727 (266.773.996) (656.222.085) Motor vehicles (82.459.525) (2.465.700) (8.237.510) 8.800.248 - (53.696.518) (138.059.005) Fixtures (34.771.503) (2.729.991) (8.012.809) 8.015.010 (27.727) (25.027.241) (62.554.261) Leasehold improvements (46.814.610) (410.620) (12.171.569) 347.733 - (36.548.362) (95.597.428) (419.579.543) (114.656.620) (70.380.771) 34.230.272 - (382.046.117) (952.432.779) Net book value 489.167.243 874.801.839 (*) It is related to the full consolidation of Celebi Nas. Depreciation expense for the period ended 31 December 2021 in the amount of TL 66.945.234 and TL 3.435.537 are respectively included in cost of sales and operating expenses.