VAKIFBANK
2015 ANNUAL REPORT
334
FIVE-YEAR SUMMARY FINANCIAL INFORMATION
Profit / Loss (TL million)
2011
2012
2013
2014
2015
Change (%)
2014-2015
Interest income
6,501
8,757
9,221
11,374
13,630
19.84
Interest expense
3,607
4,672
4,431
6,722
8,144
21.15
Net interest income
2,894
4,085
4.790
4,651
5,486
17.95
Net fee and commission income
559
448
687
709
921
29.85
Dividend income
45
57
54
66
62
-6.14
Capital market trading income (net)
61
225
259
124
33
-73.32
Foreign exchange gains (net)
-22
111
-27
100
67
-33.21
Other operating income
885
625
708
1,346
1,048
-22.09
Total operating income
4,422
5,551
6,470
6,996
7,618
8.89
Provisions for loans and other receivables (-)
906
1,404
1,857
1,672
1,537
-8.06
Other operating expenses (-)
1,941
2,261
2,630
3,110
3,610
16.08
Operating profit
1,575
1,885
1,983
2,214
2,470
11.59
Net monetary position profit or loss
0
0
0
0
0
-
Profit before tax
1,575
1,885
1,983
2,214
2,470
11.59
Tax provision (-)
348
425
397
460
540
17.33
Net profit or loss for the period
1,227
1,460
1,586
1,753
1,930
10.09
Key Ratios (%)
2011
2012
2013
2014
2015 2015 Sector
(4)
Securities / Total Assets
21.4
17.6
16.3
14.6
13.4
13.9
Loans / Total Assets
64.1
64.9
63.8
65.9
67.2
63.0
Loans / Deposits
93.9
100.9
106.1
113.7
111.9
119.2
Retail Loans / Loans
36.9
35.7
35.2
31.5
29.8
25.9
Non-performing Loans / Total Loans
(1)
3.6
3.9
3.9
3.7
3.8
3.1
Deposits / Total Liabilities
68.3
64.3
60.2
58.0
60.1
52.8
Demand Deposits / Total Deposits
14.9
16.2
16.8
18.3
18.4
19.1
Shareholders’ Equity / Total Liabilities
10.4
11.4
9.3
9.3
9.2
11.1
Funds Borrowed / Total Assets
9.2
7.1
8.4
9.4
10.1
13.7
Capital Adequacy Ratio
13.4
16.1
13.7
14.0
14.5
15.6
Return on Average Assets
(2)
1.5
1.5
1.3
1.2
1.1
1.2
Return on Average Equity
(2)
13.7
13.8
12.9
12.8
12.2
10.5
Operating Expenses / Operating Income
(3)
43.9
40.7
40.6
44.5
47.4
46.3
Deposits per Branch (TL million)
89.6
90.4
94.9
102.8
119.5
101.5
Loans per Branch (TL million)
84.1
91.2
100.7
116.8
133.7
121.0
Profit per Branch (TL million)
1.8
2.0
1.8
2.0
2.1
2.1
Deposits per Employee (TL million)
5.0
5.0
5.5
6.1
7.1
5.7
Credit per Employee (TL million)
4.7
5.0
5.8
7.0
8.0
6.8
Profit per Employee (TL thousand)
100.4
108.5
106.1
117.5
125.3
119.8
(1)
Gross Non-Performing Loans were added to Total Loans.
(2)
Average values were calculated by taking arithmetic mean of the data pertaining to current and previous periods.
(3)
Operating income = Net interest revenue + Net Fees and Com.+ Dividend Income + Net Commercial PROFIT/LOSS + Other Operating Revenue +
Associated companies and subsidiaries PROFIT/LOSS
(4)
Sectoral ratios were calculated using the Monthly Bulletin of the Banking Regulation and Supervision Agency.
