BIRLESIM_2021_ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2021 ANNUAL REPORT 192 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 21. EQUITY RESERVES AND OTHER EQUITY ITEMS (continued) Gain/(Loss) Arising from Several Pay Provision With the change in TAS-19 “Employee Benefits” standard, actuarial loss and gains, which are taken into account in the calculation of the severance pay provision, do not allow to be recognized in the income statement. Losses and gains resulting from changes in actuarial assumptions are accounted for under equity. Effects of Business Combinations Under Common Control The effect of business combination under common control amounting to TL 4.594.787 Erde Mühendislik San ve Tic. A.Ş. on 31 December 2013 by the Company. 22. REVENUE AND COST OF SALES As of te 1 January - 31 December 2021 and 2020, Revenue and Cost of Sales details are as follows: Revenue 1 January - 31 December 2021 1 Jauary - 31 December 2020 Long-term Mechanical Works 417.822.831 374.157.903 Long-term Electrical Works 201.970.692 200.719.605 Other 495.340 3.179.481 Total Sales 620.288.863 578.056.989 Cost of Sales 1 January - 31 December 2021 1 Jauary - 31 December 2020 Long-term Mechanical Works 365.578.248 300.500.457 Long-term Electrical Works 178.835.616 173.934.021 Other - 8.924.639 Total Cost of Sales 544.413.864 483.359.117