VAKIFBANK
2015 ANNUAL REPORT
224
The accompanying explanations and notes form an integral part of these consolidated financial statements.
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND
ITS FINANCIAL SUBSIDIARIES
CONSOLIDATED BALANCE SHEET (STATEMENT OF FINANCIAL POSITION)
AS AT 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
SECTION TWO
CONSOLIDATED FINANCIAL STATEMENTS
Audited Current Period
31 December 2015
Audited Prior Period
31 December 2014
ASSETS
Notes
TL
FC
Total
TL
FC
Total
I.
CASH AND BALANCES WITH THE CENTRAL BANK
V-I-1
2,134,017
19,355,897
21,489,914
4,126,368
17,764,713
21,891,081
II.
FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (Net)
V-I-2
840,168
155,694
995,862
404,672
45,569
450,241
2.1
Financial assets held for trading purpose
840,168
155,694
995,862
404,672
45,569
450,241
2.1.1
Debt securities issued by the governments
312
9,566
9,878
106
8,468
8,574
2.1.2
Equity securities
1,832
-
1,832
1,565
-
1,565
2.1.3
Derivative financial assets held for trading purpose
V-I-2
739,339
146,128
885,467
342,475
37,101
379,576
2.1.4
Other securities
98,685
-
98,685
60,526
-
60,526
2.2
Financial assets designated at fair value through profit or loss
-
-
-
-
-
-
2.2.1
Debt securities issued by the governments
-
-
-
-
-
-
2.2.2
Equity securities
-
-
-
-
-
-
2.2.3
Other securities
-
-
-
-
-
-
2.2.4
Loans
-
-
-
-
-
-
III.
BANKS
V-I-3
1,185,799
4,990,220
6,176,019
784,978
2,783,530
3,568,508
IV.
RECEIVABLES FROM INTERBANK MONEY MARKETS
6,699
-
6,699
9,504
-
9,504
4.1
Interbank money market placements
-
-
-
-
-
-
4.2
Istanbul Stock Exchange money market placements
3,310
-
3,310
3,645
-
3,645
4.3
Receivables from reverse repurchase agreements
3,389
-
3,389
5,859
-
5,859
V.
AVAILABLE-FOR-SALE FINANCIAL ASSETS (Net)
V-I-4
12,100,346
5,235,765
17,336,111
12,631,871
4,239,244
16,871,115
5.1
Equity securities
15
79,238
79,253
15
-
15
5.2
Debt securities issued by the governments
12,100,331
5,028,990
17,129,321
12,629,806
4,085,677
16,715,483
5.3
Other securities
-
127,537
127,537
2,050
153,567
155,617
VI.
LOANS AND RECEIVABLES
V-I-5
88,452,140
37,507,539
125,959,679
76,724,198
29,631,473
106,355,671
6.1
Performing loans and receivables
V-I-5
87,548,356
37,502,389
125,050,745
76,408,786
29,626,228
106,035,014
6.1.1
Loans provided to risk group
V-VII-1
1,071
822
1,893
6,132
123
6,255
6.1.2
Debt securities issued by the governments
-
-
-
-
-
-
6.1.3
Other
87,547,285
37,501,567
125,048,852
76,402,654
29,626,105
106,028,759
6.2
Loans under follow-up
5,071,771
66,342
5,138,113
4,153,756
28,209
4,181,965
6.3
Specific provisions (-)
V-I-5
4,167,987
61,192
4,229,179
3,838,344
22,964
3,861,308
VII.
FACTORING RECEIVABLES
622,754
94,973
717,727
498,067
12,314
510,381
VIII.
HELD-TO-MATURITY INVESTMENT SECURITIES (Net)
V-I-6
7,546,748
130,981
7,677,729
6,761,749
92,844
6,854,593
8.1
Debt securities issued by the governments
7,546,748
-
7,546,748
6,761,749
-
6,761,749
8.2
Other securities
-
130,981
130,981
-
92,844
92,844
IX.
INVESTMENTS IN ASSOCIATES (Net)
V-I-7
295,332
3
295,335
264,184
3
264,187
9.1
Associates, consolidated per equity method
245,549
-
245,549
214,929
-
214,929
9.2
Unconsolidated associates
49,783
3
49,786
49,255
3
49,258
9.2.1
Financial associates
37,434
-
37,434
36,915
-
36,915
9.2.2
Non-Financial associates
12,349
3
12,352
12,340
3
12,343
X.
INVESTMENTS IN SUBSIDIARIES (Net)
V-I-8
271,017
-
271,017
258,927
-
258,927
10.1
Unconsolidated financial subsidiaries
-
-
-
-
-
-
10.2
Unconsolidated non-financial subsidiaries
271,017
-
271,017
258,927
-
258,927
XI.
INVESTMENTS IN JOINT-VENTURES (Net)
V-I-9
-
-
-
-
-
-
11.1
Joint-ventures, consolidated per equity method
-
-
-
-
-
-
11.2
Unconsolidated joint-ventures
-
-
-
-
-
-
11.2.1
Financial joint-ventures
-
-
-
-
-
-
11.2.2
Non-financial joint-ventures
-
-
-
-
-
-
XII.
LEASE RECEIVABLES
V-I-10
318,359
1,007,466
1,325,825
246,618
843,369
1,089,987
12.1
Finance lease receivables
401,084
1,134,987
1,536,071
311,605
962,197
1,273,802
12.2
Operational lease receivables
-
-
-
-
-
-
12.3
Other
-
-
-
-
-
-
12.4
Unearned income (-)
82,725
127,521
210,246
64,987
118,828
183,815
XIII.
DERIVATIVE FINANCIAL ASSETS HELD FOR RISK MANAGEMENT PURPOSE
V-I-11
-
-
-
-
-
-
13.1
Fair value hedges
-
-
-
-
-
-
13.2
Cash flow hedges
-
-
-
-
-
-
13.3
Hedges of net investment in foreign operations
-
-
-
-
-
-
XIV.
TANGIBLE ASSETS (Net)
V-I-12
1,648,900
5,218
1,654,118
782,871
2,002
784,873
XV.
INTANGIBLE ASSETS (Net)
V-I-13
201,506
31
201,537
162,074
161
162,235
15.1
Goodwill
-
-
-
-
-
-
15.2
Other intangibles
201,506
31
201,537
162,074
161
162,235
XVI.
INVESTMENT PROPERTIES (Net)
V-I-14
287,726
-
287,726
192,000
-
192,000
XVII.
TAX ASSETS
V-I-15
139,972
2,944
142,916
175,352
6,938
182,290
17.1
Current tax assets
V-I-15
787
2,944
3,731
2,393
6,938
9,331
17.2
Deferred tax assets
V-I-15
139,185
-
139,185
172,959
-
172,959
XVIII.
ASSETS HELD FOR SALE AND ASSETS RELATED TO THE DISCONTINUED OPERATIONS (Net)
V-I-16
994,991
-
994,991
747,482
-
747,482
18.1
Assets held for sale
994,991
-
994,991
747,482
-
747,482
18.2
Assets related to the discontinued operations
-
-
-
-
-
-
XIX.
OTHER ASSETS
V-I-17
2,789,299
1,263,054
4,052,353
2,523,844
834,543
3,358,387
TOTAL ASSETS
119,835,773
69,749,785
189,585,558
107,294,759
56,256,703
163,551,462
