VAKIFBANK
2015 ANNUAL REPORT
200
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.)
Valuation differences of the marketable securities
Current Period
Prior Period
TL
FC
TL
FC
Associates, subsidiaries and joint ventures
571,129
191,529
611,250
118,404
Fair value differences of available-for-sale securities
(264,492)
239,608
172,430
256,490
Foreign exchange differences
92,639
-
58,395
-
Total
399,276
431,137
842,075
374,894
III. INFORMATION AND DISCLOSURES RELATED TO OFF-BALANCE SHEET ITEMS
1. Disclosures related to other contingent liabilities
Type and amount of irrevocable commitments
Current Period
Prior period
Commitments for credit card limits
7,399,361
7,641,987
Loan granting commitments
8,482,816
8,053,342
Commitments for cheque payments
1,805,569
1,638,976
Asset purchase sale commitments
3,843,373
2,686,862
Other
1,231,793
272,131
Total
22,762,912
20,293,298
Type and amount of possible losses from off-balance sheet items including those referred to below
Guarantees, bills of exchange and acceptances and other letters of credit which can be counted as financial collateral
The Bank provided specific provision amounting to TL 97,721 (31 December 2014: TL 129,638) for unliquidated non-cash loans recorded under off-
balance sheet items, amounting to TL 40,930 (31 December 2014: TL 63,030).
Final guarantees, provisional guarantees, sureties and similar transactions
Current Period
Prior Period
Final letters of guarantee
9,289,202
7,737,748
Letters of guarantee for advances
3,438,136
2,603,790
Letters of guarantee given to custom offices
1,030,530
913,389
Provisional letters of guarantee
935,981
1,107,255
Other letters of guarantee
12,096,954
9,090,289
Total
26,790,803
21,452,471
