VAKIFBANK
2015 ANNUAL REPORT
182
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.)
Uncollectible loans and receivables are collected by liquidation of collaterals and legal follow-up.
Information on non-performing loans and other receivables in foreign currencies
Group III
Group IV
Group V
Loans and
receivables with
limited collectability
Loans and
receivables with
doubtful collectability
Uncollectible loans
and receivables
Current Period
Balance at the end of the period
15,261
88,082
198,835
Specific provision (-)
3,052
44,041
198,835
Net balance on balance sheet
12,209
44,041
-
Prior Period
Balance at the end of the period
7,681
2,907
244,100
Specific provision (-)
1,536
2,907
244,100
Net balance on balance sheet
6,145
-
-
Non-performing foreign currency denominated loans are followed in TL accounts.
Explanation on Write-off Policy
None.
Loan customer concentration of gross and net amounts of non-performing loans
Group III
Group IV
Group V
Loans and
receivables with
limited collectability
Loans and
receivables with
doubtful collectability
Uncollectible loans
and receivables
Current Period (Net)
385,628
385,856
34,691
Consumer and Commercial Loans (Gross)
475,614
762,956
3,523,032
Specific Provision (-)
95,123
381,699
3,488,341
Consumer and Commercial Loans (Net)
380,491
381,257
34,691
Banks (Gross)
-
-
1,551
Specific Provision (-)
-
-
1,551
Banks (Net)
-
-
-
Other Loans and Receivables (Gross)
6,421
9,198
71,441
Specific Provision (-)
1,284
4,599
71,441
Other Loans and Receivables (Net)
5,137
4,599
-
Prior Period (Net)
240,075
-
-
Consumer and Commercial Loans (Gross)
297,145
539,926
3,067,758
Specific Provision (-)
59,643
539,926
3,067,758
Consumer and Commercial Loans (Net)
237,502
-
-
Banks (Gross)
-
-
1,551
Specific Provision (-)
-
-
1,551
Banks (Net)
-
-
-
Other Loans and Receivables (Gross)
3,216
6,369
58,407
Specific Provision (-)
643
6,369
58,407
Other Loans and Receivables (Net)
2,573
-
-
