149
PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
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 FINANCIAL REPORT
FOR THE YEAR ENDED 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
Risk balances according to risk weights
Risk Weights Current Period
0% 10% 20% 50% 75% 100% 150% 200% 250% 1250%
Deductions from the
shareholders’ equity
Pre-Amount of Credit Risk Mitigation
51,653,484
- 9,995,432 44,482,520 27,755,671 71,651,022 3,666,757 7,571,232 45,093
-
413,981
Amount after Credit Risk Mitigation
55,276,308
- 7,773,090 45,591,407 27,561,064 69,352,260 3,660,714 7,561,275 45,093
-
413,981
Risk Weights Prior Period
0% 10% 20% 50% 75% 100% 150% 200% 250% 1250%
Deductions from the
shareholders’ equity
Pre-Amount of Credit Risk Mitigation
47,554,085
- 16,779,325 37,737,598 23,535,298 57,619,942 2,990,704 9,446,254 97,738
-
359,114
Amount after Credit Risk Mitigation
54,978,227
- 10,597,030 37,813,961 23,371,738 56,480,407 2,986,884 9,434,959 97,738
-
359,114
Credit rating of the credit rating agency, related to the Bank's Capital Adequacy Assessment of the Measurement is listed in Appendix 1 which
corresponds to the credit quality step that is given in the table below.
Ratings Matched
Credit Quality Rank
Fitch
Long Term Credit Ratings
1
AAA between AA-
2
A+ between A-
3
BBB+ between BBB-
4
BB+ between BB-
5
B+ between B-
6
CCC+ and below
Short Term Credit Ratings
1
F1+ between F1
2
F2
3
F3
4
F3 and below
5
-
6
-
Information According to Sectors and Counterparties
Loans
Current Period
Impaired
(*)
Past Due
(**)
Value
Adjustments
(***)
Provisions
Agricultural
87,877
63,490
1,082
80,444
Farming and raising livestock
77,331
57,860
995
70,949
Forestry
8,408
3,188
75
7,669
Fishing
2,138
2,442
12
1,826
Manufacturing
948,135
263,507
6,344
831,505
Mining
100,016
7,731
63
63,998
Production
842,374
250,811
6,197
762,493
Electric, Gas, Water
5,745
4,965
84
5,014
Construction
527,749
214,734
4,877
460,814
Services
1,477,456
1,344,869
26,214
1,259,443
Wholesale and retail trade
958,068
596,895
12,883
810,598
Hotel, Food and Beverage Services
53,562
82,970
1,283
39,021
Transportation and telecommunication
303,162
448,813
8,132
265,365
Financial Institutions
4,482
4,873
89
4,315
Real estate and renting services
11,426
21,350
311
9,007
Self-employment services
117,833
145,031
2,792
104,951
Education services
6,353
17,877
333
5,782
Health and social services
22,570
27,060
391
20,404
Other
1,808,996
2,797,820
74,248
1,411,832
Total
4,850,213
4,684,420
112,765
4,044,038
(*)
Impaired loans are composed of group three, four and five loans.
(**)
Past due loans and other receivables consist of loans and other receivables that are past due up to ninety days.
(***)
Value adjustments represents general provisions of non-performing loans.
