225
PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
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.)
Audited Current Period
31 December 2015
Audited Prior Period
31 December 2014
LIABILITIES AND EQUITY
Notes
TL
FC
Total
TL
FC
Total
I.
DEPOSITS
V-II-1
76,054,788
35,955,209
112,009,997
65,144,101
28,258,512
93,402,613
1.1
Deposits of risk group
V-VII-1
1,209,289
110,608
1,319,897
953,746
63,178
1,016,924
1.2
Other deposits
74,845,499
35,844,601
110,690,100
64,190,355
28,195,334
92,385,689
II.
DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING PURPOSE
V-II-2
153,177
151,175
304,352
65,776
204,851
270,627
III.
FUNDS BORROWED
V-II-3
932,351
19,262,696
20,195,047
1,569,623
14,691,032
16,260,655
IV.
INTERBANK MONEY MARKET
9,423,761
3,403,437
12,827,198
10,063,573
6,591,668
16,655,241
4.1
Interbank money market takings
1,150,343
-
1,150,343
200,000
-
200,000
4.2
Istanbul Stock Exchange money market takings
83,157
-
83,157
269,939
-
269,939
4.3
Obligations under repurchase agreements
8,190,261
3,403,437
11,593,698
9,593,634
6,591,668
16,185,302
V.
SECURITIES ISSUED (Net)
V-II-3
3,257,620
7,389,088
10,646,708
2,866,343
7,518,365
10,384,708
5.1
Bills
3,257,620
-
3,257,620
2,866,343
-
2,866,343
5.2
Asset backed securities
-
-
-
-
-
-
5.3
Bonds
-
7,389,088
7,389,088
-
7,518,365
7,518,365
VI.
FUNDS
4,228
-
4,228
20,089
-
20,089
6.1
Funds against borrower’s note
-
-
-
-
-
-
6.2
Other
4,228
-
4,228
20,089
-
20,089
VII.
MISCELLANEOUS PAYABLES
3,647,401
750,360
4,397,761
2,920,619
423,800
3,344,419
VIII.
OTHER EXTERNAL RESOURCES PAYABLE
V-II-4
662,279
1,783,682
2,445,961
573,091
947,128
1,520,219
IX.
FACTORING PAYABLES
-
5
5
-
-
-
X.
LEASE PAYABLES
V-II-5
-
-
-
-
-
-
10.1
Finance lease payables
-
-
-
-
-
-
10.2
Operational lease payables
-
-
-
-
-
-
10.3
Other
-
-
-
-
-
-
10.4
Deferred finance leasing expenses ( - )
-
-
-
-
-
-
XI.
DERIVATIVE FINANCIAL LIABILITIES HELD FOR RISK MANAGEMENT PURPOSE
V-II-6
-
-
-
-
-
-
11.1
Fair value hedges
-
-
-
-
-
-
11.2
Cash flow hedges
-
-
-
-
-
-
11.3
Hedges of net investment in foreign operations
-
-
-
-
-
-
XII.
PROVISIONS
5,025,269
31,277
5,056,546
4,086,058
25,879
4,111,937
12.1
General provisions
V-II-7
1,944,150
13,453
1,957,603
1,591,002
12,240
1,603,242
12.2
Restructuring reserves
-
-
-
-
-
-
12.3
Reserve for employee benefits
700,635
1,544
702,179
626,273
838
627,111
12.4
Insurance technical provisions (Net)
2,082,428
9,127
2,091,555
1,633,739
8,973
1,642,712
12.5
Other provisions
V-II-7
298,056
7,153
305,209
235,044
3,828
238,872
XIII.
TAX LIABILITIES
V-II-8
531,561
7,888
539,449
485,576
8,419
493,995
13.1
Current tax liabilities
514,681
1,678
516,359
477,758
1,029
478,787
13.2
Deferred tax liabilities
V-I-15
16,880
6,210
23,090
7,818
7,390
15,208
XIV.
PAYABLES FOR ASSETS HELD FOR SALE AND ASSETS RELATED TO DISCONTINUED OPERATIONS (Net)
V-II-9
-
-
-
-
-
-
14.1
Payables related to the assets held for sale
-
-
-
-
-
-
14.2
Payables related to the discontinued operations
-
-
-
-
-
-
XV.
SUBORDINATED LOANS
V-II-10
-
4,155,551
4,155,551
-
2,126,436
2,126,436
XVI.
EQUITY
16,437,456
565,299
17,002,755
14,408,274
552,249
14,960,523
16.1
Paid-in capital
V-II-11
2,500,000
-
2,500,000
2,500,000
-
2,500,000
16.2
Capital reserves
1,390,356
257,405
1,647,761
1,025,056
280,801
1,305,857
16.2.1
Share premium
727,780
-
727,780
727,780
-
727,780
16.2.2
Share cancellation profits
-
-
-
-
-
-
16.2.3
Valuation differences of the marketable securities
V-II-11
(227,394)
257,405
30,011
240,729
280,801
521,530
16.2.4
Revaluation surplus on tangible assets
940,657
-
940,657
52,864
-
52,864
16.2.5
Revaluation surplus on intangible assets
-
-
-
-
-
-
16.2.6
Revaluation surplus on investment properties
-
-
-
-
-
-
16.2.7
Bonus shares of associates, subsidiaries and joint-ventures
3,683
-
3,683
3,683
-
3,683
16.2.8
Hedging reserves (effective portion)
-
-
-
-
-
-
16.2.9
Revaluation surplus on assets held for sale and assets related to the discontinued operations
-
-
-
-
-
-
16.2.10
Other capital reserves
(54,370)
-
(54,370)
-
-
-
16.3
Profit reserves
10,163,563
170,099
10,333,662
8,664,406
130,184
8,794,590
16.3.1
Legal reserves
1,228,224
7,942
1,236,166
1,062,732
6,513
1,069,245
16.3.2
Status reserves
6,337
-
6,337
6,337
-
6,337
16.3.3.
Extraordinary reserves
8,475,454
4,594
8,480,048
7,341,533
4,594
7,346,127
16.3.4.
Other profit reserves
453,548
157,563
611,111
253,804
119,077
372,881
16.4
Profit or loss
1,921,411
94,530
2,015,941
1,772,859
101,133
1,873,992
16.4.1
Prior years’ profit/loss
(34,277)
101,630
67,353
(14,354)
82,669
68,315
16.4.2
Current period’s profit/loss
1,955,688
(7,100)
1,948,588
1,787,213
18,464
1,805,677
16.5
Non-controlling interest
462,126
43,265
505,391
445,953
40,131
486,084
TOTAL LIABILITIES AND EQUITY
116,129,891
73,455,667
189,585,558
102,203,123
61,348,339
163,551,462
