MILLIRE ENG2024

There are no other revenues related to future months in the accrued revenues and expenses for future months. (December 31, 2023: TL 391.612). Corporate tax liabilities and prepaid taxes are disclosed below: December 31, 2024 December 31, 2023 Taxes paid during the year 71.260.270 9.170.386 Corporate tax liabilities - - Total 71.260.270 9.170.386 20 Financial liabilities As of 31 December 2024 and 2023, discounted repayment plans for the Company’s operating leases are as follows: December 31, 2024 December 31, 2023 Within one year 14.680.140 13.252.134 More than one year 7.791.301 16.593.962 Total 22.471.441 29.846.096 21 Deferred tax As of December 31, 2024, and 2023, deferred tax assets and liabilities are attributable to the following: December 31, 2024 December 31, 2023 Deferred tax assets/(liabilities) Deferred tax assets/(liabilities) Equalization provision 196.362.726 101.784.902 Other (8.629.771) (10.375.297) Deferred tax (liabilities)/assets, net 187.732.955 91.409.605 As of 31 December 2024, the Company has a deductible financial loss of TL 1.119.422.941 TL that can be used until 31 December 2028, and TL 744.923.076 that can be used until 31 December 2027, totaling TL 3.786.091.162. The Company reviewed the business plan as of December 31, 2024 and estimated the risk of not being able to use the financial losses, which can be deducted in the coming years, and as of December 31, 2024, no deferred tax was calculated on the aforementioned accumulated financial losses with the precautionary principle (31 December 2023: TL 1.864.346.017). Movement of deferred tax assets are given below: 2024 2023 Opening balance at 1 January 91.409.605 (167.314.226) Deferred tax income/expense 53.365.094 (523.942.071) Deferred tax income/expense recognised in equity 42.958.256 (247.607.755) Other (*) - 1.030.273.657 Closing balance at 31 December 187.732.955 91.409.605 (*) With the transfer of TL 4.613.156.000 of the fair value of the Company’s real estate to Miltaş Turizm İnşaat Ticaret A.Ş. by partial division, the deferred tax liability of TL 1.030.273.657 calculated on the real estate was deducted from the value of the Miltaş Turizm İnşaat Ticaret A.Ş. 160 Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) Notes to the Unconsolidated Financial Statements As of December 31, 2024 (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) MİLLİ RE