MILLIRE ENG2024

As of June 30, 2024, required equity amount determined in calculations over consolidated financial statements of Company’s subsidiary Anadolu Sigorta, is amounted TL 13.059.476.744. As of 30 June 2024, the amount of raw equity in Anadolu Sigorta’s unconsolidated financial statements is TL 14.669.223.361 above the required equity amount calculated in accordance with the regulation. 5 Segment information A segment is a distinguishable component of the Group that is engaged either in providing products or services (business segment), or in providing products or services within a particular economic environment (geographical segment), which is subject to risks and rewards that are different from those of other segments). Business segment Financial information of the Group is presented on life and non-life basis in the accompanying consolidated financial statements. Geographical segment The main geographical segment which the Group operates is Turkey. Hence, the Group has not disclosed report on geographical segments. 6 Tangible assets Movement in tangible assets in the period from January 1 to December 31, 2024 is presented below: January 1, 2024 Addition Foreign currency translation effect (*) Transfers Valuation differences December 31, 2024 Cost: Investment properties (Note 7) (**) 4.890.602.000 - - (1.578.400.000) 2.024.319.000 5.336.521.000 Buildings for own use 215.104.000 - - - 102.518.500 317.622.500 Machinery and equipment 188.791.920 92.143.408 - - - 280.935.328 Furniture and fixtures 67.901.403 18.023.270 1.428.004 (2.451.215) - 84.901.462 Land Vehiclesss 13.489.028 27.760.268 775.893 (5.562.387) - 36.462.802 Other tangible assets (including leasehold improvements) 97.776.415 8.428.485 - - - 106.204.900 Leased Assets 187.439.190 135.956.731 4.692.563 - - 328.088.484 Construction in progress 19.662.451 23.193.260 - - - 42.855.711 5.680.766.407 305.505.422 6.896.460 (1.586.413.602) 2.126.837.500 6.533.592.187 Accumulated depreciation:: Buildings for own use 133.509 1.670.933 - (1.611.736) - 192.706 Machinery and equipment 111.885.634 35.347.541 - - - 147.233.175 Furniture and fixtures 35.422.691 10.428.309 1.394.070 (2.446.989) - 44.798.081 Land Vehiclesss 9.595.767 2.872.111 659.237 (5.093.826) - 8.033.289 Other tangible assets (including leasehold improvements) 32.543.968 14.297.005 - - - 46.840.973 Leased Assets 65.876.606 59.322.793 2.224.381 - - 127.423.780 255.458.175 123.938.692 4.277.688 (9.152.551) - 374.522.004 Net book value 5.425.308.232 6.159.070.183 (*) Foreign currency translation effect resulted from Singapore Branch. (**) The ongoing investments account includes costs related to the heating and cooling group renewal. 235 2024 Annual Report Millî Reasürans Türk Anonim Şirketi (Currency: Turkish Lira (TL)) Notes to the Consolidated Financial Statements As of December 31, 2024 (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish) GENERAL INFORMATION FINANCIAL RIGHTS PROVIDEDTOTHE MEMBERS OF THE GOVERNING BODY AND SENIOR EXECUTIVES RISKS AND ASSESSMENT OF THE GOVERNING BODY ACTIVITIES AND MAJOR DEVELOPMENTS RELATED TO ACTIVITIES RESEARCH & DEVELOPMENT ACTIVITIES FINANCIAL STATUS FINANCIAL INFORMATION