BIRLESIM_2022 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2022 FAALİYET RAPORU 151 Birleşim Mühendislik Isıtma Soğutma Havalandırma Sanayi Ticaret Anonim Şirketi and Its Subsidiaries (Currency in Turkish Lira (“TL”) unless otherwise stated). Notes to the Consolidated Financial Statements for the Year Ended 31 December 2022 2. BASIS OF PRESENTATION OF FINANCIAL STATEMENTS (Continued) 2.8 Summary of Significant Accounting Policies (Continued) Earnings per share Earnings per share disclosed in the consolidated statement of profit or loss is determined by dividing net income by the weighted average number of shares that have been outstanding during the year concerned. The company to existing shareholders from retained earnings and equity restatement differences distributing shares from the account Turkey shares (bonus shares) can increase their capital. In the calculation of earnings per share, such bonus shares are considered as issued shares. Therefore, the weighted average number of shares used in the calculation of earnings per share is obtained by considering the issued bonus shares retrospectively. 3. BUSINESS MERGERS Solar Santral Acquisitions The company has purchased 70% of the shares of Solar Santral for a total of 28.667.645 TL on December 31, 2022. The relevant business combination has been accounted for under TFRS 3 using the acquisition method. The details of the business combination are as follows: Solar Santral Enerji A.Ş. 31 December 2022 Identifiable Assets Acquired * 40.336.136 Short Term Foreign Resource 10.465.539 Net Assets Total 29.870.597 Earned Cash (-) 2.571.308 Non-Controlling Interests (-) 1.202.952 Amount Paid for Purchase (-) 26.096.337 Calculated Goodwill - As part of the group business combination, customer relationships have been recognized as identifiable assets for 25.860.757 TL (Note 16).