VAKIFBANK
2015 ANNUAL REPORT
196
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.)
Current Period
TL
FC
Short Term
Medium-
Long Term Short Term
Medium-
Long Term
Nominal
3,197,582
-
946,566
6,418,184
Cost
3,068,550
-
946,565
6,371,968
Net Book Value
3,128,044
-
949,615
6,470,100
Prior Period
TL
FC
Short Term
Medium-
Long Term Short Term
Medium-
Long Term
Nominal
2,978,797
-
2,306,544
5,193,848
Cost
2,860,066
-
2,306,501
5,155,977
Net Book Value
2,913,190
-
2,315,443
5,229,124
4. Components of “other external resources payable” in the financials that comprise at least 20% of the account, if the account exceeds 10% of
total liabilities and equity excluding off-balance sheet commitments
Other external resources payable in the financials do not exceed 10% of total liabilities and equity.
5. Information on lease payables (net)
Obligations under financial leasing
None.
6. Information on derivative financial liabilities held for risk management purpose
Negative fair values of hedging purpose derivatives
None.
7. Information on provisions
Information on general provisions
Current Period
Prior period
Provisions for loans and receivables in Group I
1,606,200
1,326,468
-Additional provision for loans with extended payment plans
26,422
26,989
Provisions for loans and receivables in Group II
231,853
175,204
-Additional provision for loans with extended payment plans
21,057
14,696
Provisions for non-cash loans
106,422
93,418
Other
13,128
8,152
Total
1,957,603
1,603,242
Information on employee rights
According to the TAS-19- Judgments of benefits that are provided to employees, bank accounts and calculate provision to obligations of severance pay
and allowance rights.
As of 31 December 2015, TL 350,227 (31 December 2014: TL 328,246) provision for severance pay and TL 85,253 (31 December: TL 76,820) provision
for unused vacation are stated in financial statements under employee rights provision.
