BIRLESIM_MUHENDISLIK 2023 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2023 ANNUAL REPORT 195 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 28. NATURE AND LEVEL OF RISKS ARISING FROM FINANCIAL INSTRUMENTS (Continued) b) Financial Risk Factors (Continued) b.2) Credit Risk Management (Continued) The Group manages its liquidity risk by regularly monitoring the estimated and actual cash flows, taking into account short, medium and long-term funding and liquidity requirements. The Group manages the risk by keeping sufficient cash by regularly monitoring projected and actual cash inflows/outflows, assets and liabilities, and by making use of bank loans. The table below shows the maturity distribution of the Group’s non-derivative financial liabilities. The following tables have been prepared without discounting the Group’s liabilities and based on the earliest due dates. Interests to be paid on these liabilities are included in the table below. 31 December 2023 Book Value Total contractual or expected cash outflow (=I+II+III+IV) Less than 3 Months (I) Between 3-12 Months (II) Between 1-5 Years (III) Over 5 Years (IV) Trade Payables 782.999.274 782.999.274 606.621.756 176.377.518 - - Other Payables 362.540 362.540 362.540 - - - Financial Payables 51.441.193 51.441.193 4.287.741 41.400.335 5.753.117 - Total Liabilities 834.803 .007 834.803.007 611 .272.037 217.777.853 5.753.117 - 31 December 2022 Book Value (=I+II+III+IV) (I) (II) (III) (IV) Trade Payables 958.124.899 958.124.899 486.960.401 471.164.498 - - Other Payables 49.665.041 49.665.041 49.665.041 - - - Financial Payables 40.078.417 40.078.417 40.009.008 69.409 - - Lease Liabilities - - - - - - Total Liabilities 1.047.868.357 1.047.868.357 576.634.450 471.233.907 - - b.3) Market risk The Group’s operations are primarily exposed to financial risk related to changes in foreign exchange rates and interest rates, as detailed below. There has been no change in the market risk that the Group is exposed to in the current year, or in the management and measurement methods of the risks it is exposed to, compared to the previous year.