BIRLESIM_MUHENDISLIK 2023 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2023 ANNUAL REPORT 181 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 13. TANGIBLE ASSETS (Continued) Cost Value Opening 1 January 2022 Fixed Assets Acquired under Business Combination Addition Disposal Currency Translation Difference Closed 31 December 2022 Lands 135.929.472 - - - - 135.929.472 Buildings 89.911.073 - - - - 89.911.073 Property, Plant and Equipment 12.459.063 - 3.481.573 (146.389) - 15.794.247 Vehicles 36.424.868 - 11.116.579 (2.593.641) - 44.947.806 Furniture and fittings 30.037.699 43.019 4.416.089 (222.857) - 34.273.950 Other Fixed Assets 2.310.045 - 494.594 (1.110.494) - 1.694.145 Leasehold Improvements 307.072.220 43.019 19.508.835 (4.073.381) - 322.550.693 Accumulated Depreciation (-) Buildings 1.594.240 - 1.798.222 - - 3.392.462 Property, Plant and Equipment 7.833.374 - 1.707.823 (32.969) - 9.508.228 Vehicles 11.035.034 - 6.993.993 (1.563.277) - 16.465.750 Fixtures 21.954.074 9.858 2.921.720 (63.237) - 24.822.415 Other Fixed Assets 656.319 - 355.989 (162.189) - 850.119 Leasehold Improvements 43.073.041 9.858 13.777.747 (1.821.672) - 55.038.974 Fixed Assets, net 263.999.179 267.511.719 Explanations on the Depreciation and Amortisation Expense are given in Note 24. The useful life periods of tangible fixed assets are as follows Useful Lifes Building 50 years Property, Plant and Equipment 4 - 20 years Vehicles 5 years Furniture and fittings 3 - 15 years Other Fixed Assets 3 years Leasehold Improvements 3 - 15 years As of 31 December 2023, the mortgage information on the tangible assets of the Group is TL 3.198.952.200 (31 December 2022: 1.605.090.043 TL).