VAKIFBANK
2015 ANNUAL REPORT
118
Audited Current Period
31 December 2015
Audited Prior Period
31 December 2014
Notes
TL
FC
Total
TL
FC
Total
A.
OFF-BALANCE SHEET COMMITMENTS AND CONTINGENCIES (I+II+III)
54,047,046
63,505,765
117,552,811
42,543,635
48,918,083
91,461,718
I.
GUARANTEES AND SURETIES
V-III-2-4
22,083,837
10,984,524
33,068,361
16,863,185
11,770,738
28,633,923
1.1
Letters of guarantee
21,980,769
4,810,034
26,790,803
16,842,349
4,610,122
21,452,471
1.1.1 Guarantees subject to State Tender Law
2,542,809
2,199,589
4,742,398
1,869,107
2,266,261
4,135,368
1.1.2 Guarantees given for foreign trade operations
1,030,530
-
1,030,530
913,389
-
913,389
1.1.3 Other letters of guarantee
18,407,430
2,610,445
21,017,875
14,059,853
2,343,861
16,403,714
1.2
Bank acceptances
86,762
1,389,251
1,476,013
20,836
1,943,257
1,964,093
1.2.1 Import letter of acceptance
1,590
189,471
191,061
2,190
78,990
81,180
1.2.2 Other bank acceptances
85,172
1,199,780
1,284,952
18,646
1,864,267
1,882,913
1.3
Letters of credit
16,306
4,772,403
4,788,709
-
5,212,911
5,212,911
1.3.1 Documentary letters of credit
16,306
4,772,403
4,788,709
-
5,212,911
5,212,911
1.3.2 Other letters of credit
-
-
-
-
-
-
1.4
Guaranteed pre-financings
-
2,314
2,314
-
1,845
1,845
1.5
Endorsements
-
-
-
-
-
-
1.5.1 Endorsements to the Central Bank of Republic of Turkey
-
-
-
-
-
-
1.5.2 Other endorsements
-
-
-
-
-
-
1.6
Marketable securities underwriting commitments
-
-
-
-
-
-
1.7
Factoring related guarantees
-
-
-
-
-
-
1.8
Other guarantees
-
10,522
10,522
-
2,603
2,603
1.9
Other sureties
-
-
-
-
-
-
II.
COMMITMENTS
21,439,019
13,120,948
34,559,967
19,162,556
7,458,391
26,620,947
2.1
Irrevocable commitments
19,031,959
3,730,953
22,762,912
17,652,664
2,640,634
20,293,298
2.1.1 Asset purchase commitments
V-III-1
112,420
3,730,953
3,843,373
46,228
2,640,634
2,686,862
2.1.2 Deposit purchase and sales commitments
-
-
-
-
-
-
2.1.3 Share capital commitments to associates and subsidiaries
V-III-1
-
-
-
-
-
-
2.1.4 Loan granting commitments
V-III-1
8,482,816
-
8,482,816
8,053,342
-
8,053,342
2.1.5 Securities issuance brokerage commitments
-
-
-
-
-
-
2.1.6 Commitments for reserve deposit requirements
-
-
-
-
-
-
2.1.7 Commitments for cheque payments
V-III-1
1,805,569
-
1,805,569
1,638,976
-
1,638,976
2.1.8 Tax and fund obligations on export commitments
-
-
-
-
-
-
2.1.9 Commitments for credit card limits
V-III-1
7,399,361
-
7,399,361
7,641,987
-
7,641,987
2.1.10 Commitments for credit card and banking operations promotions
196,037
-
196,037
247,938
-
247,938
2.1.11 Receivables from "short" sale commitments on securities
-
-
-
-
-
-
2.1.12 Payables from "short" sale commitments on securities
-
-
-
-
-
-
2.1.13 Other irrevocable commitments
1,035,756
-
1,035,756
24,193
-
24,193
2.2
Revocable commitments
2,407,060
9,389,995
11,797,055
1,509,892
4,817,757
6,327,649
2.2.1 Revocable loan granting commitments
2,407,060
9,389,995
11,797,055
1,509,892
4,817,757
6,327,649
2.2.2 Other revocable commitments
-
-
-
-
-
-
III.
DERIVATIVE FINANCIAL INSTRUMENTS
V-III-5
10,524,190
39,400,293
49,924,483
6,517,894
29,688,954
36,206,848
3.1
Derivative financial instruments held for risk management
-
-
-
-
-
-
3.1.1 Fair value hedges
-
-
-
-
-
-
3.1.2 Cash flow hedges
-
-
-
-
-
-
3.1.3 Net foreign investment hedges
-
-
-
-
-
-
3.2
Trading derivatives
10,524,190
39,400,293
49,924,483
6,517,894
29,688,954
36,206,848
3.2.1 Forward foreign currency purchases/sales
211,514
257,246
468,760
242,929
312,275
555,204
3.2.1.1 Forward foreign currency purchases
106,014
128,693
234,707
121,619
156,202
277,821
3.2.2.2 Forward foreign currency sales
105,500
128,553
234,053
121,310
156,073
277,383
3.2.2 Currency and interest rate swaps
9,442,940
30,544,698
39,987,638
5,631,655
22,183,274
27,814,929
3.2.2.1 Currency swaps-purchases
4,382,013
12,050,672
16,432,685
1,659,308
10,977,077
12,636,385
3.2.2.2 Currency swaps-sales
4,160,927
6,080,268
10,241,195
3,772,347
3,927,959
7,700,306
3.2.2.3 Interest rate swaps-purchases
450,000
6,206,879
6,656,879
100,000
3,639,119
3,739,119
3.2.2.4 Interest rate swaps-sales
450,000
6,206,879
6,656,879
100,000
3,639,119
3,739,119
3.2.3 Currency, interest rate and security options
258,134
255,396
513,530
385,290
671,258
1,056,548
3.2.3.1 Currency call options
65,004
185,976
250,980
192,645
335,629
528,274
3.2.3.2 Currency put options
193,130
69,420
262,550
192,645
335,629
528,274
3.2.3.3 Interest rate call options
-
-
-
-
-
-
3.2.3.4 Interest rate put options
-
-
-
-
-
-
3.2.3.5 Security call options
-
-
-
-
-
-
3.2.3.6 Security put options
-
-
-
-
-
-
3.2.4 Currency futures
-
-
-
-
-
-
3.2.4.1 Currency futures-purchases
-
-
-
-
-
-
3.2.4.2 Currency futures-sales
-
-
-
-
-
-
3.2.5 Interest rate futures
-
-
-
-
-
-
3.2.5.1 Interest rate futures-purchases
-
-
-
-
-
-
3.2.5.2 Interest rate futures-sales
-
-
-
-
-
-
3.2.6 Other
611,602
8,342,953
8,954,555
258,020
6,522,147
6,780,167
B.
CUSTODY AND PLEDGED ITEMS (IV+V+VI)
899,689,613
421,931,972
1,321,621,585
706,821,902
298,845,575
1,005,667,477
IV.
ITEMS HELD IN CUSTODY
74,007,877
3,193,339
77,201,216
58,297,898
2,105,489
60,403,387
4.1
Customers' securities held
-
28,306
28,306
-
22,567
22,567
4.2
Investment securities held in custody
63,189,794
118,086
63,307,880
48,295,375
94,082
48,389,457
4.3
Checks received for collection
8,967,543
2,282,378
11,249,921
8,300,087
1,452,398
9,752,485
4.4
Commercial notes received for collection
1,065,285
310,417
1,375,702
1,129,279
182,687
1,311,966
4.5
Other assets received for collection
2,152
116
2,268
2,152
93
2,245
4.6
Assets received through public offering
-
-
-
-
6,818
6,818
4.7
Other items under custody
309
48,883
49,192
309
77,724
78,033
4.8
Custodians
782,794
405,153
1,187,947
570,696
269,120
839,816
V.
PLEDGED ITEMS
235,391,497
82,272,386
317,663,883
180,351,054
59,408,743
239,759,797
5.1
Securities
435,193
14,171
449,364
241,614
18,614
260,228
5.2
Guarantee notes
792,339
429,076
1,221,415
943,912
232,965
1,176,877
5.3
Commodities
28,164,121
681,732
28,845,853
25,696,626
590,812
26,287,438
5.4
Warranties
-
-
-
-
-
-
5.5
Real estates
191,738,765
67,309,165
259,047,930
142,283,678
47,319,679
189,603,357
5.6
Other pledged items
13,657,901
13,683,601
27,341,502
10,332,202
11,114,594
21,446,796
5.7
Pledged items-depository
603,178
154,641
757,819
853,022
132,079
985,101
VI.
CONFIRMED BILLS OF EXCHANGE AND SURETIES
590,290,239
336,466,247
926,756,486
468,172,950
237,331,343
705,504,293
TOTAL OFF-BALANCE SHEET ITEMS (A+B)
953,736,659
485,437,737
1,439,174,396
749,365,537
347,763,658
1,097,129,195
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI
UNCONSOLIDATED OFF-BALANCE SHEET ITEMS
AS AT 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
The accompanying explanations and notes form an integral part of these financial statements.
