BIRLESIM MUHENDISLIK_AR 2025

29. NATURE AND EXTENT OF RISKS ARISING FROM FINANCIAL INSTRUMENTS (Continued) b) Financial Risk Factors (Continued) b.3.1) Foreign Currency Risk Management The Group is exposed to foreign currency risk arising from changes in exchange rates due to the translation into TL of amounts denominated in foreign currencies that are payable or receivable. This foreign currency risk is monitored through analysis of the foreign currency position. Assets and liabilities denominated in foreign currencies, together with purchase and sale commitments, expose the Group to foreign currency risk. The distribution of the Group’s monetary and non-monetary assets and liabilities denominated in foreign currencies as at the reporting date is as follows: 31 December 2025 TL Equivalent US Dollar TL Equivalent Euro TL Equivalent GBP TL Equivalent Macedonian Denar TL Equivalent Hungarian Forint TL Equivalent 1. Trade Receivables 640.958.306 475.288.121 140.026.067 - - 25.644.118 2a. Monetary Financial Assets 265.439.106 86.942.323 165.889.262 54.637 - 12.552.884 2b. Non-monetary Financial Assets 428.911.172 334.731.903 43.279.968 - - 50.899.301 4. CURRENT ASSETS 1.335.308.583 896.962.347 349.195.296 54.637 - 89.096.303 9. TOTAL ASSETS 1.335.308.583 896.962.347 349.195.296 54.637 - 89.096.303 10. Trade Payables (457.583.195) (344.945.894) (95.892.291) - - (16.745.010) 11. Financial Liabilities (63.138.513) (63.138.513) - - - - 12a. Monetary Liabilities - - - - - - 12b. Non-monetary Liabilities (318.012.075) (315.475.589) (2.536.486) - - - 13. CURRENT LIABILITIES (838.733.783) (723.559.996) (98.428.777) - - (16.745.010) 18. TOTAL LIABILITIES (838.733.783) (723.559.996) (98.428.777) - - (16.745.010) 20. Net Foreign Currency Asset Liability Position (9-18) 496.574.801 173.402.351 250.766.520 54.637 - 72.351.293 31 December 2024 TL Equivalent US dollar TL Equivalent Euro TL Equivalent GBP TL Equivalent Macedonian Denar TL Equivalent Hungarian Forint TL Equivalent 1. Trade Receivables 814.977.741 215.378.307 462.927.582 - 136.671.852 - 2a. Monetary Financial Assets 47.456.978 26.073.084 6.443.116 60.757 1.755.407 13.124.614 2b. Non-monetary Financial Assets 477.120.976 316.846.376 138.767.002 - 21.507.599 - 4. CURRENT ASSETS 1.339.555.695 558.297.767 608.137.700 60.757 159.934.858 13.124.614 9. TOTAL ASSETS 1.339.555.695 558.297.767 608.137.700 60.757 159.934.858 13.124.614 10. Trade Payables (403.812.285) (49.250.421) (77.658.886) - (264.971.977) (11.931.001) 11. Financial Liabilities (174.895.919) (92.756.034) (254.282) - (81.885.603) - 12a. Monetary Liabilities (837.346) (837.346) - - - - 12b. Non-monetary Liabilities (332.547.375) (261.510.401) (30.864.294) - (40.172.680) - 13. CURRENT LIABILITIES (912.092.925) (404.354.202) (108.777.462) - (387.030.260) (11.931.001) 18. TOTAL LIABILITIES (912.092.925) (404.354.202) (108.777.462) - (387.030.260) (11.931.001) 20. Net Foreign Currency Asset Liability Position (9-18) 427.462.770 153.943.565 499.360.238 60.757 (227.095.402) 1.193.613 BİRLEŞİM MÜHENDİSLİK ANNUAL REPORT 2025 167 Birleşim Mühendislik Isıtma Soğutma Havalandırma Sanayi Ticaret Anonim Şirketi and its Subsidiaries (Amounts are expressed in Turkish Lira (“TRY”) in terms of the purchasing power of TRY as at 31 December 2025 unless otherwise stated.) Notes to the Consolidated Financial Statements as at 31 December 2025