VAKIFBANK
2015 ANNUAL REPORT
316
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.)
Information on interest income received from associates and subsidiaries
Current Period
Prior Period
Interest Received from Associates and Subsidiaries
2
-
2. Interest Expense
Interest expense on funds borrowed
Current Period
Prior Period
TL
FC
TL
FC
Banks
94,417
239,603
71,661
152,358
Central Bank of Republic of Turkey
-
-
-
-
Domestic Banks
54,053
11,687
41,045
6,331
Foreign Banks
40,364
227,916
30,616
146,027
Foreign Head Offices and Branches
-
-
-
-
Other Institutions
-
28,480
-
18,990
Total
94,417
268,083
71,661
171,348
Interest expense paid to associates and subsidiaries
Current Period
Prior Period
Interests paid to the associates and subsidiaries
16,091
14,782
Interest expense on securities issued
As at and for the year ending at 31 December 2015, interest paid to securities issued is TL 595,176 (31 December 2014: TL 445,715).
Current Period
Prior Period
TL
FC
TL
FC
Interest expense on securities issued
273,381
321,795
214,445
231,270
