VAKIFBANK
2015 ANNUAL REPORT
204
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.)
31 December 2014
Up to 1
Month
1-3
Months
3-12
Months
1-5
Years
5 Years
and Over
Total
Currency swaps:
Purchase
8,688,057 2,181,378
176,107
296,894
-
11,342,436
Sale
3,998,297 2,172,677
176,023
296,614
-
6,643,611
Currency forwards:
Purchase
99,142
68,619
71,286
38,774
-
277,821
Sale
99,070
68,502
71,136
38,675
-
277,383
Cross currency interest rate swaps:
Purchase
63,456
58,000
-
1,172,493
-
1,293,949
Sale
46,667
37,825
-
972,203
-
1,056,695
Interest rate swaps:
Purchase
-
-
-
1,202,149 2,536,970 3,739,119
Sale
-
-
-
1,202,149 2,536,970 3,739,119
Options:
Purchase
242,712
90,791
194,771
-
-
528,274
Sale
242,710
90,790
194,774
-
-
528,274
Other trading derivatives:
Purchase
158,020
-
-
-
994,287 1,152,307
Sale
4,931,860
-
-
-
696,000 5,627,860
Total purchases
9,251,387 2,398,788
442,164 2,710,310 3,531,257 18,333,906
Total sales
9,318,604 2,369,794
441,933 2,509,641 3,232,970 17,872,942
Total
18,569,991 4,768,582
884,097 5,219,951 6,764,227 36,206,848
6. Contingent assets and liabilities
Bank allocates TL 4,755 as provision for lawsuits against the Bank (31 December 2014: TL 14,673).
7. Services rendered on behalf of third parties
The Bank acts as an investment agent for banking transactions on behalf of its customers and provides custody services. Such transactions are followed
under off-balance sheet accounts. The Bank’s custody services and banking transactions on behalf of individuals and corporate customers does not
present a material portion.
IV. INFORMATION ON DISCLOSURES RELATED TO THE STATEMENT OF INCOME
1. Interest income
Information on interest income received from loans
Current Period
Prior Period
TL
FC
TL
FC
Short-term Loans
3,425,129
131,968
2,770,463
143,765
Medium and Long-Term Loans
6,371,936
1,461,460
5,275,775
959,257
Non-performing Loans
139,185
-
177,155
-
Premiums Received from Resource Utilization Support Fund
-
-
-
-
Total
9,936,250
1,593,428
8,223,393
1,103,022
