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.) 95 Çelebi Ground Handling Inc. 2021 Annual Report NOTE 13 - INTANGIBLE ASSETS Other Intangible Assets Movements in other intangible assets for the period ended 31 December 2021 are as follows: Opening 1 January 2021 Celebi Nas opening (*) Additions Foreign curency translation differences Closing 31 December 2021 Cost Rights 10.390.233 - 2.852 7.202.352 17.595.437 Computer softwares 34.912.719 4.859.184 1.868.561 27.574.122 69.214.586 Concession rights (**) 234.176.391 - 1.723.680 174.513.515 410.413.586 Build-operate-transfer investments (***) 186.488.027 212.159.634 - 290.639.326 689.286.987 465.967.370 217.018.818 3.595.093 499.929.315 1.186.510.596 Accumulated depreciation Rights (5.410.777) - (678.246) (4.140.302) (10.229.325) Computer softwares (24.349.092) (2.498.565) (4.405.268) (20.880.916) (52.133.841) Concession rights (**) (105.930.028) - (12.626.961) (84.376.151) (202.933.140) Build-operate-transfer investments (***) (65.452.916) (35.990.382) (30.258.546) (88.209.204) (219.911.048) (201.142.813) (38.488.947) (47.969.021) (197.606.573) (485.207.354) Net book value 264.824.557 701.303.242 (*) It is related to the full consolidation of Celebi Nas. (**) Refers to fixed asset expenditures made within within the scope of the concession agreement signed between DIAL Celebi Delhi Cargo and are recognized in accordance with TFRIC 12. (***) The amounts calculated as a result of bringing the deposit prices paid in accordance with the concession agreements signed for the delivery of cargo and ground handling services at the airports in India to their present values, are accounted for under the built government, to be amortized during the concession period. Amortization expense for the period ended 31 December 2021 in the amount of TL 45.068.630 and TL 2.900.391 are included in operating expenses and cost of sales, respectively.