BIRLESIM_2021_ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2021 ANNUAL REPORT 185 Birleşim Mühendislik Isıtma Soğutma Havalandırma Sanayi Ticaret A.Ş. and Its Subsidiary (All amounts expressed in Turkish Lira (“TL”)) Notes to the Consolidated Financial Statements For the Year Ended 31 December 2021 13. TANGIBLE ASSETS (continued) Cost Value Opening 1 January 2020 Addition Disposal Transfers Closing 31 December 2020 Property, Plant and Equipment 18.995.835 428.265 (894.436) (16.166.629) 2.363.035 Vehicles 6.172.385 2.600.441 (1.183.078) (2.313.541) 5.276.207 Furniture and fittings 3.402.587 891.598 (104.579) (108.780) 4.080.826 Other Fixed Assets 92.094 181.754 (2.920) (8.735) 262.193 Leasehold Improvements 13.536.114 106.452 - 13.642.566 Total 42.199.015 4.208.510 (2.185.013) (18.597.685) 25.624.827 Accumulated Depreciation (-) Property, Plant and Equipment 5.017.258 2.008.341 (614.775) (5.137.107) 1.273.717 Vehicles 2.868.365 1.338.441 (1.051.717) (743.977) 2.411.112 Furniture and fittings 2.081.071 511.047 (96.194) (19.762) 2.476.162 Other Fixed Assets 50.903 29.706 (270) (6.825) 73.514 Leasehold Improvements 4.743.776 873.120 - - 5.616.896 Total 14.761.373 4.760.655 (1.762.956) (5.907.671) 11.851.401 Fixed Assets, net 27.437.642 13.773.426 Explanations on the Depreciation and Amortisation Expense are given in Note 30 b.1. The useful life periods of tangible fixed assets are as follows: Useful Lifes Building 50 year Property, Plant and Equipment 4 - 20 years Vehicles 5 year Furniture and fittings 3 - 15 years Other Fixed Assets 3 year Leasehold Improvements 3 - 15 years As of 31 December 2021, the mortgage information on the tangible assets of the Group is 138.618.000 TL (31 December 2020: 64.500.000 TL).