BIRLESIM_2021_ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2021 ANNUAL REPORT 186 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 14. RIGHT OF USE ASSETS As of 31 December 2021 and 2020, Right of Use Assets are as follows: Buildings 1 January 2020 Openning Balance 5.037.160 Period Amortisation (-) (2.587.549) 31 December 2020 Balance 2.449.611 1 January 2021 Openning Balance 2.449.611 Period Amortisation (-) (2.447.377) 31 December 2021 Balance 2.234 The Right of Use Assets consist of non-cancellable building lease agreements, with lease terms ranging from 1 year to 6 years. 15. INTANGIBLE ASSETS As of 31 December 2021 and 2020, Intangible Assets are as follows: Cost Value Openning 1 January 2021 Addition Disposals Closing 31 December 2021 Rights 287.677 - - 287.677 Other 1.058.419 - - 1.058.419 Total 1.346.096 - - 1.346.096 Accumulated Amortisation (-) Rights 196.031 66.163 - 262.194 Other 227.272 294.555 - 521.827 Total 423.303 360.718 - 784.021 Intangible Assets, net 922.793 562.075 Cost Value Openning 1 January 2020 Addition Disposals Closing 31 December 2020 Rights 287.677 - - 287.677 Other 262.331 796.088 - 1.058.419 Total 550.008 796.088 - 1.346.096 Accumulated Amortisation (-) Rights 120.774 75.257 - 196.031 Other 192.014 35.258 - 227.272 Total 312.788 110.515 - 423.303 Intangible Assets, net 237.220 922.793