VAKIFBANK
2015 ANNUAL REPORT
318
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.)
3. Dividend Income
Current Period
Prior Period
Trading Purpose Financial Assets
27
19
Financial Assets at Fair Value through Profit or Loss
-
-
Available-for-Sale Financial Assets
89
2,247
Others
37,053
9,963
Total
37,169
12,229
4. Information on trading income/losses
Current Period
Prior Period
Income
6,526,873
6,426,056
Income from capital market operations
2,489,490
2,430,715
Income from derivative financial instruments
1,588,784
1,408,759
Foreign exchange gains
2,448,599
2,586,582
Losses
(6,386,942)
(6,177,261)
Loss from capital market operations
(2,442,729)
(2,254,642)
Loss from derivative financial instruments
(1,617,913)
(1,447,948)
Foreign exchange loss
(2,326,300)
(2,474,671)
Net trading profit/loss
139,931
248,795
Net loss arising from changes in foreign exchange rate that relate to the Group’s derivative financial instruments based on foreign exchange rate is TL
31,762 as at and for the year ended 31 December 2015 (31 December 2014: net loss of TL 8,179).
5. Other operating income
Current Period
Prior Period
Income from reversal of the impairment losses from prior periods
763,294
707,442
Earned insurance premiums (net of reinsurance share)
767,881
663,935
Communication income
50,723
85,302
Gain on sale of assets
109,681
385,471
Income from private pension business
64,583
48,626
Rent income
80,490
529
Other income
199,996
228,486
Total
2,036,648
2,119,791
