BIRLESIM_MUHENDISLIK 2023 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2023 ANNUAL REPORT 191 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 26. INCOME TAXES (INCLUDING DEFERRED TAX ASSETS AND LIABILITIES) (Continued) 1 January - 31 December 2023 1 January - 31 December 2022 1 January Opening Balance (71.422.969) (57.407.933) Deferred Tax Income/(Expense) 45.191.239 (37.767.916) The Output Effect - 101.968 Actuarial Loss/(Gain) 1.810.340 1.028.513 Monetary Gain/Loss 28.076.686 22.622.399 Deferred Tax Income/(Expense) 3.655.296 (71.422.969) Total Temporary Differences Deferred Tax Assets/(Liabilities) 31 December 2023 31 December 2022 31 December 2023 31 December 2022 Adjustment for Project Cost 2.321.416.360 2.048.511.570 557.329.738 383.150.386 Adjustment for Project Income (2.521.158.520) (2.289.478.633) (605.224.335) (428.880.809) Lawsuit Provision 5.919.873 9.754.352 1.479.968 1.776.335 Several Pay Provision 12.218.056 15.815.906 3.054.514 2.991.258 Unused Vacation Provision 5.834.014 6.502.004 1.376.973 1.405.878 Doubtful Receivable Provision 10.616.092 8.942.781 2.654.023 1.613.095 Project Loss Provision 1.693.389 1.376.405 423.347 271.702 Adjustment for Property, Plant and Equipment (253.104.888) (306.648.178) (63.276.222) (60.666.656) Prepaid expenses (10.927.315) (47.666.417) (2.708.524) (9.533.283) Deferred Income 460.771.677 205.816.213 111.338.518 41.163.243 Inventories (7.544.780) (23.570.259) (1.815.637) (4.714.052) Other Adjustment (4.263.601) (48) (977.067) (66) Deferred Tax Assets/(Liabilities), Net 21.470.357 (370.644.304) 3.655.296 (71.422.969) 27. ASSETS AND LIABILITIES HELD FOR SALE As of the 1 January - 31 December 2023 and 2022, Assets Held for Sale are as follows: 31 December 2023 31 December 2022 Assets of the Disposal Group Apartments and Offices 83.702.736 98.273.817 Total 83.702.736 98.273.817