VAKIFBANK
2015 ANNUAL REPORT
212
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.)
4. Information on cash and cash equivalents
Information on cash and cash equivalents at the beginning of the year
Current Period
31 December 2014
Prior Period
31 December 2013
Cash on hand
1,370,759
1,149,351
Cash in TL
1,008,203
860,452
Cash in foreign currency
362,556
288,899
Cash equivalents
6,811,710
4,528,633
CBRT
20,440,692
17,793,235
Banks
2,570,620
2,639,137
Receivables from money markets
-
-
Other
73,528
25,495
Loans and advances to banks having maturity of more than 3 months
(6,000)
(8,000)
Restricted cash and cash equivalents
(16,266,642)
(15,921,172)
Unrealized foreign exchange rate differences on cash equivalents
(488)
(62)
Total
8,182,469
5,677,984
Information on cash and cash equivalents at the end of the year
Current Period
31 December 2015
Prior Period
31 December 2014
Cash on hand
1,434,849
1,370,759
Cash in TL
1,157,743
1,008,203
Cash in foreign currency
277,106
362,556
Cash equivalents
6,765, 575
6,811,710
CBT - Unrestricted demand deposit
19,834,346
20,440,692
Banks
5,234,266
2,570,620
Receivables from money markets
-
-
Other
215,594
73,528
Loans and advances to banks having maturity of more than 3 months
-
(6,000)
Restricted cash and cash equivalents
(18,518,412)
(16,266,642)
Unrealized foreign exchange rate differences on cash equivalents
(219)
(488)
Total
8,200,424
8,182,469
5. Management comment on restricted cash and cash equivalents due to legal requirements or other reasons taking materiality principle into
account
Reserve requirements at CBRT amounting to TL 18,441,256 as at 31 December 2015 (31 December 2014: TL 16,157,726) has not been included in cash
and cash equivalents.
Foreign currency bank deposits amounting to TL 77,156 (31 December 2014: TL 110,171) is blocked and has not been included in cash and cash
equivalents due to securitization loans and other ordinary banking operations of the Bank.
