KOCAER ÇELİK SANAYİ VE TİCARET A.Ş.

Quarterly Report • Mar 21, 2024

SUMMARY INFORMATION

Presentation Currency	TL
Financial Statement Year / Period	2023 / Annual
Nature of Financial Statements	Consolidated
1) Are there any activities that do not comply with the Participation Finance Principles written in the article of association?	NO
2) Are there any share privileges that do not comply with the Participation Finance Principles written in the article of association?	NO
3) The ratio of the company's total income that do not comply with the Participation Finance Principles (%) [ (3A+3B-3C) / 3D ] * 100	4,06
4) The total of the company's assets that do not comply with the Participation Finance Principles (4E-4F)	760.558.513
5) The total of the company's liabilities that do not comply with the Participation Finance Principles (5H-5I)	2.834.496.168

1) Activities Written In Article Of Association That Do Not Comply With The Participation Finance Principles

*	YES / NO	SECTION NUMBER
1) Does the company"s article of association include any of the activities listed in article 1.1 of the "Share Certificate Issuance And Trade Standard" (Standard)?	NO
2) Does the company"s article of association allow to become a partner in companies whose activities include any of the activities listed in article 1.1 of the Standard?	NO
3) Does it include any expression indicating that at least one of the company"s subsidiaries (if any) in which the company owns more than 50% as controlling shareholder can perform any of the activities listed in article 1.1 of the Standard in its article of association?	NO

2) Preferred Shares and Usufruct Shares Information

*	YES / NO	SECTION NUMBER
1) Are there any dividend privileges among the share groups of the company or, if any, in the usufruct shares?	NO
2) Are there any liquidation privileges among the share groups of the company or, if any, in the usufruct shares?	NO

3) Incomes That Do Not Comply With The Participation Finance Principles (A+B-C)

A) INCOME FROM ACTIVITIES THAT DO NOT COMPLY WITH THE PARTICIPATION FINANCE PRINCIPLES ACCOUNTED UNDER REVENUE ITEM

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Total income from activities related to the production and trade of beverages/food consisting of alcohol accounted under the financial statement item, "Revenue"	0
2) Total income from activities related to the production and trade of porks and their products accounted under the financial statement item, "Revenue"	0
3) Total income from activities related to the production and trade of tobacco products accounted under the financial statement item, "Revenue"	0
4) Total income from activities related to gamble and activities that are considered as gambling accounted under the financial statement item, "Revenue"	0
5) Total income from activities related to interest-based financial transactions accounted under the financial statement item, "Revenue"	0
6) Total income from activities related to distribution and marketing of media and publishing activities accounted under the financial statement item, "Revenue"	0
7) Total income from activities related to entertainment, hotel management, tourism and organization activities accounted under the financial statement item, "Revenue"	0
TOTAL	0

B) RELATED FINANCIAL STATEMENT ITEMS

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Other Operating Income	257.119.979
2) Finance Income	436.215.087
3) Revenue from Finance Sector Operations	0
4) Investment Activity Income	450.523.058
5) Share of Profit (Loss) of Associated and Joint Ventures Accounted for Using Equity Method	0
TOTAL	1.143.858.124

C) INCOME THAT COMPLY WITH THE PARTICIPATION FINANCE PRIINCIPLES THAT IS IN THE FINANCIAL STATEMENT ITEMS LISTED IN TABLE B

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Price difference income (The portion accounted for in the items listed in table B)	0
2) Foreign exchange gains (The portion accounted for in the items listed in table B)	419.853.189
3) Term sales income (The portion accounted for in the items listed in table B)	0
4) Income from participation-based assets and funds included currency protected deposit (The portion accounted for in the items listed in table B)	0
5) Social security contribution income	0
6) Promotion income from participation banks	0
7) Customer prepayments recorded as revenue (The portion accounted for in the items listed in table B)	0
8) Provisions no longer required	4.458.760
9) Service revenue (The portion accounted for in the items listed in table B)	0
10) Rent and maintenance-repair income (The portion accounted for in the items listed in table B)	6.587.580
11) Warehousing income (The portion accounted for in the items listed in table B)	0
12) Compensation and penalty income	0
13) Insurance damage compensation income	4.344.731
14) Lawsuit income	7.536.931
15) Dividend income from companies whose activities comply with the participation finance principles	0
16) Total of other income that comply with the participation finance principles not listed above	41.886.750
TOTAL	484.667.941

Explanation for the article 16 above	Duran Varlık Satış Karı ve Vergi İndirim Gelirleriilgili hesaplamaya dahil edilmiştir.

D) TOTAL INCOME

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Revenue	15.091.480.796
2) Other Operating Income	257.119.979
3) Finance Income	436.215.087
4) Investment Activity Income	450.523.058
5) Revenue from Finance Sector Operations	0
6) Share of Profit (Loss) of Associates and Joint Ventures Accounted for Using Equity Method	0
TOTAL	16.235.338.920

4) Assets That Do Not Comply With The Participation Finance Principles (E-F)

E) RELATED FINANCIAL STATEMENT ITEMS

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Cash and cash equivalents	673.922.387
2) Financial Investments (Total of Those Classified in Current and Noncurrent Assets)	680.921.696
3) Derivative Financial Assets (Total of Current and Noncurrent Assets)	132.054.137
4) Receivables From Financial Sector Operations (Total of Current and Noncurrent Assets)	0
5) Investments Accounted For Using Equity Method	0
6) Investments In Subsidiaries Joint Ventures And Associates	0
TOTAL	1.486.898.220

F) ASSETS THAT COMPLY WITH THE PARTICIPATION FINANCE PRINCIPLES THAT IS IN THE FINANCIAL STATEMENT ITEMS LISTED IN TABLE E

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Checks	0
2) Cash	115.479
3) Demand deposits	594.170.091
4) Total invested amount in participation-based financialinstruments (Lease certificates, sukuk, profit share deposit included currency protected deposit)	0
5) Shares in subsidiaries joint ventures and associates complying with the participation finance principles	0
6) Credit card receivables	0
7) Total of other assets that are considered as compliying with the participation finance principles not listed above	132.054.137
TOTAL	726.339.707

Explanation for the article 7 above	Bağımsz Denetim Raporu Not 12'de de açıklandığı üzere buradaki türev araç tutarı, kur riskinden korunma muhasebesi kapsamındaki tutardır.ı

G) TOTAL ASSETS

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
TOTAL ASSETS	12.203.610.673

5) Liabilities That Do Not Comply With The Participation Finance Principles (H-I)

H) RELATED FINANCIAL STATEMENT ITEMS

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Current Borowings	1.975.890.057
2) Current Portion Of Noncurrent Borrowings	282.572.407
3) Noncurrent Borrowings	794.770.268
4) Derivative Financial Liabilities (Total of Those Classified in Current and Noncurrent Liabilities)	0
5) Payables On Financial Sector Operations (Total of Those Classified in Current and Noncurrent Liabilities)	0
6) Other Payables (Total of Those Classified in Current and Noncurrent Liabilities)	120.251.639
TOTAL	3.173.484.371

I) LIABILITES THAT COMPLY WITH THE PARTICIPATION FINANCE PRINCIPLES AND LISTED IN THE TABLE H

ITEM NAME	AMOUNT
	TL
	2023 / Annual
	Consolidated
1) Lease Liabilities (Total of Those Classified in Current and Noncurrent Liabilities)	218.736.564
2) Bank Loans From Participation Banks	0
3) Issued Debt Instruments in interest-free instruments e.g.lease certificates, sukuk	0
4) Total of other debts that are considered as complying with the participation finance principles not listed above	120.251.639
TOTAL	338.988.203

Explanation for the article 4 above