BIRLESIM_MUHENDISLIK 2023 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2023 ANNUAL REPORT 189 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 24. INCOME AND EXPENSES FROM INVESTING ACTIVITIES As of the 1 January - 31 December 2023 and 2022, Income and Expenses from Investing Activities are as follows: Income from Investing Activities 1 January - 31 December 2023 1 January - 31 December 2022 Interest Income 32.321.123 40.030.089 Time Deposit Foreign Exchange Income 76.717.669 57.679.779 Profit from Sale of Instrument 2.992.373 3.404.836 Rent Income 1.503.791 2.544.597 Total 113.534.956 103.659.301 Expenses from Investing Activities 1 January - 31 December 2023 1 January - 31 December 2022 Time Deposit Foreign Exchange Loss 853.250 2.299.477 Loss from the Sales of Property, Plant and Equipment 2.147.842 18.546.628 Total 3.001.092 20.846.105 25. FINANCING INCOME AND EXPENSES As of the 1 January - 31 December 2023 and 2022, Financing Income And Expenses are as follows: Financing Income 1 January - 31 December 2023 1 January - 31 December 2022 Interest Income Related to Related Parties 425.110 4.044.325 Total 425.110 4.044.325 Financing Expenses 1 January - 31 December 2023 1 January - 31 December 2022 Interest Expense - Related to Loans 8.129.324 37.146.976 Guarantee Letter Expenses 16.174.861 9.334.175 Other Expenses 3.187.577 3.314.822 Total 27.491.762 49.795.973 26. INCOME TAXES (INCLUDING DEFERRED TAX ASSETS AND LIABILITIES) As of the 1 January - 31 December 2023 and 2022, Income Tax details are as follows: Tax for the Period Assets 31 December 2023 31 December 2022 Prepaid Taxes and Funds 89.173.958 116.407.629 Total 89.173.958 116.407.629 Tax for the Period Liabilities 31 December 2023 31 December 2022 Tax for the Period Provision 59.375.108 5.911.080 Minus: Prepaid Taxes and Funds (59.375.108) (3.964.089) Total - 1.946.991 Tax Expenses 1 January - 31 December 2023 1 January - 31 December 2022 Tax Charges for the Period (59.375.108) (5.911.080) Deferred tax Income/(Charge) 45.191.239 (37.767.916) Total (14.183.869) (43.678.996)