Milli Re 2025 Annual Report

14 Cash and cash equivalents As of December 31, 2025, and 2024, the details of cash and cash equivalents are as follows: December 31, 2025 December 31, 2024 At the end of the period At the beginning of the period At the end of the period At the beginning of the period Bank deposits 6.754.939.846 4.383.823.465 4.383.823.465 1.825.305.969 Cash and cash equivalents in the balance sheet 6.754.939.846 4.383.823.465 4.383.823.465 1.825.305.969 Bank deposits - blocked (500) (500) (500) (500) Time deposits with maturities longer than 3 months (3.065.429.221) (1.407.586.865) (1.407.586.865) (745.832.738) Interest accruals on bank deposits (81.650.538) (135.744.176) (135.744.176) (5.501.890) Cash and cash equivalents presented in the statement of cash flows 3.607.859.587 2.840.491.924 2.840.491.924 1.073.970.841 As of December 31, 2025, and 2024, the details of bank deposits as follows: December 31, 2025 December 31, 2024 Foreign currency denominated bank deposits - time deposits 833.897.099 504.401.073 - demand deposits 62.960.421 420.958.788 Bank deposits in Turkish Lira - time deposits 5.857.348.299 3.457.823.287 - demand deposits 734.027 640.317 Bank deposits 6.754.939.846 4.383.823.465 177 Notes to the Unconsolidated Financial Statements As of December 31, 2025 Millî Reasürans Türk Anonim Şirketi GENERAL INFORMATION FINANCIAL RIGHTS PROVIDED TO THE 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 (Currency: Turkish Lira (TRY)) (Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish)