BIRLESIM_MUHENDISLIK 2023 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2023 ANNUAL REPORT 182 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 14. INTANGIBLE ASSETS As of the 31 December 2023 and 2022, Intangible Assets are as follows Cost Value Opening 1 January 2023 Fixed Assets Acquired under Business Combination Addition Disposals Closing 31 December 2023 Rights 50.204.518 - - - 50.204.518 Other - 437.303 (13.294) 424.009 Total 50.204.518 - 437.303 (13.294) 50.628.527 Accumulated Amortisation (-) Rights 6.067.794 5.407.562 (13.294) 11.462.062 Other - - Total 6.067.794 - 5.407.562 (13.294) 11.462.062 Intangible Assets, net 44.136.724 39.166.465 Cost Value Opening 1 January 2022 Fixed Assets Acquired under Business Combination Addition Disposals Closing 31 December 2022 Rights 7.019.081 43.096.459 88.978 - 50.204.518 Other - - - - - Total 7.019.081 43.096.459 88.978 - 50.204.518 Accumulated Amortisation (-) Rights 4.904.823 91.358 1.071.613 6.067.794 Other - - - - - Total 4.904.823 91.358 1.071.613 - 6.067.794 Intangible Assets, net 2.114.258 44.136.724 The useful life periods of intangible fixed assets are as follows: Useful Lifes Rights 2 - 15 years Other 3 - 5 years 15. SHORT-TERM PROVISIONS As of the 31 December 2023 and 2022, Short-term Provisions are as follows: Short-term Provisions 31 December 2023 31 December 2022 Short-term Provisions for Employment Benefits 5.834.014 6.502.004 Adjustment Related to Contract Liabilities from Ongoing Construction and Contracting Projects 1.693.389 1.376.405 Lawsuit Provision 5.919.873 9.754.352 Total 13.447.276 17.632.761