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PART III: FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
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
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND
FOR THE YEAR ENDED 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
6. Contingent assets and liabilities
Group allocates TL 9,316 as provision for lawsuits against the Group (31 December 2014: TL 16,142).
7. Services rendered on behalf of third parties
The Parent 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 Parent 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 CONSOLIDATED STATEMENT OF INCOME
1.Interest Income
Information on interest income received from loans
Current Period
Prior Period
TL
FC
TL
FC
Short-term loans
3,425,419
164,210
2,771,751
160,053
Medium and long-term loans
6,368,458
1,501,065
5,275,500
1,008,781
Non-performing loans
139,185
-
177,155
-
Premiums received from resource utilization support fund
-
-
-
-
Total
9,933,062
1,665,275
8,224,406
1,168,834
Information on interest income received from banks
Current Period
Prior Period
TL
FC
TL
FC
Central Bank of Republic of Turkey
-
-
-
-
Domestic Banks
68,564
881
60,054
2,029
Foreign Banks
322
8,957
207
5,017
Foreign Head Office and Branches
-
-
-
-
Total
68,886
9,838
60,261
7,046
Information on interest income received from marketable securities portfolio
Current Period
Prior Period
TL
FC
TL
FC
Financial assets held for trading
5,782
993
9,634
1,619
Financial assets where fair value change
is reflected to income statement
-
-
-
-
Financial assets available for sale
1,158,698
250,891
1,275,394
214,270
Investments held to maturity
655,344
500
559,880
444
Total
1,819,824
252,384
1,844,908
216,333
