PASHA_BANK_ANNUAL REPORT 2022

EXPLANATIONS AND NOTES RELATED TO UNCONSOLIDATED FINANCIAL STATEMENTS (Continued) 15. Information on deferred tax asset The Bank calculates deferred tax asset or liability on the differences between the applied accounting policies and valuation bases and tax legislation that comes from timing differences and reflects the amount on the financial statements. As of 31 December 2022, the Bank calculated deferred tax asset amounting TL 12,251 and reflected this amount to the financial statements (31 December 2021 - TL 13,020 deferred tax asset). In the situation that the difference between the book value and value subject to tax of the assets that are subject to deferred tax is related to equity accounts, deferred tax asset or liability is netted with the relevant accounts in this group. Current Period Prior Period Temporary Differences of Deferred Tax Base Deferred Tax Amount Temporary Differences of Deferred Tax Base Deferred Tax Amount Provision for employee benefits 2,410 603 1,349 270 Expected credit losses 70,362 17,591 57,564 11,513 Other provisions 9,274 2,319 3,149 781 Tangible and intangible assets - - 19,829 3,966 Derivatives 3,164 791 114 23 Other 12,167 3,042 7,098 1,420 Deferred Tax Asset 97,377 24,346 89,103 17,973 (25,764) (6,441) - - Derivatives - - (13,604) (2,721) Marketable Securities (21,737) (5,436) (11,101) (2,220) Other (870) (218) (60) (12) Deferred Tax Liability (48,371) (12,095) (24,765) (4,953) Deferred Tax Asset/(Liability), net 49,006 12,251 64,338 13,020 16. Information on assets held for resale and discontinued operations None (31 December 2021 - None). 17. Information on other assets As of 31 December 2022, other assets amount to TL 19,607 (31 December 2021- TL 22,533) and do not exceed 10% of total balance sheet except off balance sheet commitments. 224 PASHA Bank 2022 Annual Report Notes to Unconsolidated Financial Statements at 31 December 2022 Pasha Yatırım Bankası A.Ş. (Amounts are expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.) Convenience translation of publicly announced unconsolidated financial statements originally issued in turkish, see note I of section three