BIRLESIM_MUHENDISLIK 2023 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2023 ANNUAL REPORT 179 Birleşim Mühendislik Isitma Soğutma Havalandirma Sanayi Ticaret A.Ş. and its Subsidiaries (Amounts are expressed in terms of purchasing power of Turkish Lira (“TL”) as of December 31, 2023 unless otherwise stated.) Notes to the Consolidated Financial Statements For the Year Ended 31 December 2023 11. PREPAID EXPENSES AND DEFERRED INCOME Short-term Prepaid Expenses 31 December 2023 31 December 2022 Order Advances Given 253.913.985 191.079.365 Short-term Prepaid Expenses 4.737.961 2.713.333 Advances Given for Business Purposes 1.008.584 425.243 Personnel Advances 419.483 368.487 Total 260.080.013 194.586.428 As of the 31 December 2023 and 2022, Deferred Income are as follows : Short-term Deferred Income 31 December 2023 31 December 2022 Order Advances Received 1.800.791.794 1.014.723.497 Short-term Deferred Income 1.937.649 3.443.764 Total 1.802.729.443 1.018.167.261 Long-term Prepaid Expenses 31 December 2023 31 December 2022 Long-term Prepaid Expenses 1.173.613 3.688.175 Total 1.173.613 3.688.175 12. FINANCIAL INSTRUMENTS Financial Investment 31 December 2023 31 December 2022 Investment Funds 14.768.357 113.827.269 Total 14.768.357 113.827.269 Financial Liabilities As of 31 December 2023 and 2022, the details of the bank loans account are as follows : 31 December 2023 31 December 2022 Short-term Bank Loans - 37.294.579 Current Instalments & Interests of Long-term Loans 45.178.495 600.011 Credit Card Payables 509.581 2.183.827 Total Short-term Financial Liabilities 45.688.076 40.078.417 Long-term Bank Loans 5.753.117 - Total Long-term Financial Liabilities 5.753.117 -