BIRLESIM_2022 ANNUAL REPORT

BİRLEŞİM MÜHENDİSLİK 2022 FAALİYET RAPORU 162 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 14. TANGIBLE ASSETS (Continued) Opening Closing Cost Value 1 January 2021 Addition Disposal Transfers 31 December 2021 Lands - 38.272.500 - - 38.272.500 Buildings - 17.230.065 7.927.435 * 25.157.500 Property, Plant and Equipment 2.363.035 1.025.606 (925.641) - 2.463.000 Vehicles 5.276.207 8.982.740 (4.693.464) - 9.565.483 Furniture and fittings 4.080.826 982.803 (16.835) - 5.046.794 Other Fixed Assets 262.193 434.655 (67.120) - 629.728 Leasehold Improvements 13.642.566 - (371.710) (13.270.856) * - Total 25.624.827 66.928.369 (6.074.769) (5.343.421) 81.135.005 Accumulated Depreciation (-) Buildings - 372.702 - - 372.702 Property, Plant and Equipment 1.273.717 347.074 (437.391) - 1.183.400 Vehicles 2.411.112 1.755.130 (2.185.915) - 1.980.327 Fixtures 2.476.162 554.464 (1.247) - 3.029.379 Other Fixed Assets 73.514 46.971 (16.150) - 104.335 Leasehold Improvements 5.616.896 55.269 (232.655) (5.343.421) * 96.089 Total 11.851.401 3.131.610 (2.873.358) (5.343.421) 6.766.232 Fixed Assets, net 13.773.426 74.368.773 * The Group classified the building costs associated with the land where the central building owned by related parties is located, and which were included in the special costs through a leasehold agreement, under the Buildings account on March 31, 2021. The purchase price of the land and building from related parties on March 31, 2021, was determined as 63.430.000 TL in the obtained real estate appraisal reports. The building costs classified based on the net book value were then deducted from the respective appraisal amount, resulting in the remaining amount of TL 55.502.565, which was classified according to the breakdown provided in the appraisal report. Explanations on the Depreciation and Amortisation Expense are given in Note 24. The useful life periods of tangible fixed assets are as follows Useful Lifes Building 50 years Property, Plant and Equipment 4 - 20 years Vehicles 5 years Furniture and fittings 3 - 15 years Other Fixed Assets 3 years Leasehold Improvements 3 - 15 years As of 31 December 2022, the mortgage information on the tangible assets of the Group is TL 170.892.000 (31 December 2021: 138.618.000 TL).