MILLIRE ENG2024

13 Derivative financial assets As of December 31, 2024, the Group has derivative financial instruments recognized in the financial assets held for trading amounting to TRY 235.256.132 (December 31, 2023: 118.720.901). There is no value increase balance under the income accruals account due to the forward foreign exchange contracts made by the Group as of December 31, 2024. (December 31, 2023: TL 6.219.723) 14 Cash and cash equivalents As of December 31, 2024, and December 31, 2023, the details of the cash and cash equivalents are as follows 31 December 2024 31 December 2023 At the end of the period At the beginning of the period At the end of the period At the beginning of the period Cash on hand 188.356 162.771 162.771 197.410 Cheques received 22.412.016.674 9.678.868.672 9.678.868.672 9.156.392.304 Bank deposits (4.026) (3.167) (3.167) (14.481) Cheques given and payment orders 6.311.498.575 3.452.368.687 3.452.368.687 1.787.066.011 Cash and cash equivalents in the balance sheet 28.723.699.579 13.131.396.963 13.131.396.963 10.943.641.244 Bank deposits - blocked (*) (4.291.749.598) (1.734.196.100) (1.734.196.100) (1.465.822.815) Time deposits with maturities longer than 3 months (2.784.658.307) (1.227.671.164) (1.227.671.164) (305.956.102) Interest accruals on banks deposits (397.789.066) (79.851.059) (79.851.059) (22.776.765) Cash and cash equivalents presented in the statement of cash flows 21.249.502.608 10.089.678.640 10.089.678.640 9.149.085.562 (*) TL 4,291,084,005 of the blocked amounts are held in favor of the Insurance and Private Pension Regulation and Supervision Agency due to the insurance activities of the Company’s subsidiary Anadolu Sigorta A.Ş. (31 December 2023: TL 1,363,261,798). 3 As of December 31, 2024, and 2023, bank deposits are further analysed as follows: 31 December 2024 31 December 2023 Foreign currency denominated bank deposits - time deposits 822.815.731 619.948.782 - demand deposits 638.319.817 805.938.886 Bank deposits in Turkish Lira - time deposits 20.924.025.751 7.803.344.840 - demand deposits 26.855.375 449.636.164 Bank deposits 22.412.016.674 9.678.868.672 245 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