213
PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
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.)
VII. INFORMATION AND DISCLOSURES RELATED TO THE BANK’S RISK GROUP
1. Information on the volume of transactions with the Bank’s risk group, lending and deposits outstanding at period end and income and
expenses in the current period
Associates,
Subsidiaries and
Joint-Ventures
Bank’s Direct
and Indirect
Shareholders
Other Components
in Risk Group
Current Period
Cash
Non-Cash
Cash
Non-Cash
Cash
Non-Cash
Loans and other receivables
Balance at the beginning of the period
74,105
721,258
-
10,174
6,238
13,087
Balance at the end of the period
145,876
955,222
-
28,550
822
15,858
Interest and commission income
8,340
962
-
29
94
17
Associates,
Subsidiaries and
Joint-Ventures
Bank’s Direct
and Indirect
Shareholders
Other Components
in Risk Group
Prior Period
Cash
Non-Cash
Cash
Non-Cash
Cash
Non-Cash
Loans and other receivables
Balance at the beginning of the period
68,800
692,352
-
27,065
26,101
24,502
Balance at the end of the period
74,105
721,258
-
10,174
6,238
13,087
Interest and commission income
5,315
1,217
-
21
774
68
Information on deposits held by the Bank’s risk group
Associates,
Subsidiaries and
Joint-Ventures
Bank’s Direct
and Indirect
Shareholders
Other Components
in Risk Group
Bank’s Risk Group
Current Period Prior Period Current Period Prior Period Current Period Prior Period
Deposits
Balance at the beginning of the period
898,566
1,014,201
713,966
968,601
115,831
46,810
Balance at the end of the period
965,832
898,566
740,156
713,966
104,508
115,831
Interest on deposits
74,166
60,649
45,805
60,168
1,005
2,340
Information on forwards, options and other derivative transactions held by the Bank’s risk group
None
2. Disclosures of transactions with the Bank’s risk group
Relations with entities in the risk group of/ or controlled by the Bank regardless of the nature of relationship among the parties
Transactions with the risk group are made on an arms-length basis; terms are set according to the market conditions and in compliance with the
Banking Law.
In addition to the structure of the relationship, type of transaction, amount, and share in total transaction volume, amount of significant items, and share in
all items, pricing policy and other
Pricing policy and other conditions of transactions with the risk group of the Bank are determined and applied on arm’s length basis. The ratio of cash
and non-cash loans given to the Bank’s risk group to total cash and non-cash loans are 0.12 % (31 December 2014: 0.08%) and 3.02% (31 December
2014: 2.60%), respectively.
