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Türkiye Vakıflar Bankası Türk Anonim Ortaklığı
Unconsolidated Financial Report as at and
For the Year Ended 31 December 2013
(Currency: Thousands of Turkısh Lıra (“TL”))
(Convenience Translation of Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Section 3 Note I)
Specific provisions for loans
Current Year
Prior Year
Provisions for Loans and Receivables with Limited Collectibility
63,999
66,348
Provisions for Loans and Receivables with Doubtful Collectibility
659,768
519,461
Provisions for Uncollectible Loans and Receivables
2,551,666
1,873,760
Total
3,275,433
2,459,569
Information on non-performing loans (Net)
Information on restructured or rescheduled non-performing loans and other receivables
Group III
Group IV
Group V
Loans and receivables
with limited collectibility
Loans and receivables
with doubtful colectibility
Uncollectible loans
and receivables
Current Year
46,682
72,045
65,263
(Gross Amounts Before Specific Provisions)
Restructured Loans and Other Receivables
-
-
-
Rescheduled Loans and Other Receivables
46,682
72,045
65,263
Prior Year
37,448
55,374
67,590
(Gross Amounts Before Specific Provisions)
Restructured Loans and Other Receivables
-
-
-
Rescheduled Loans and Other Receivables
37,448
55,374
67,590
Movements in non-performing loans
Group III
Group IV
Group V
Loans and receivables
with limited collectibility
Loans and receivables
with doubtful collectibility
Uncollectible loans
and receivables
Prior Year End Balance
331,742
519,461
1,873,760
Additions (+)
1,445,091
50,496
47,203
Transfers from other categories of loans under follow-up (+)
(*)
-
1,267,949
955,626
Transfers to other categories of loans under follow-up (-)
(*)
1,279,971
1,029,812
103,565
Collections (-)
176,869
148,326
221,358
Write-offs (-)
-
-
-
Corporate and commercial loans
-
-
-
Retail loans
-
-
-
Credit Cards
-
-
-
Others
-
-
-
Current Year End Balance
319,993
659,768
2,551,666
Specific Provision (-)
63,999
659,768
2,551,666
Net Balance on Balance Sheet
255,994
-
-
(*)
Loans that are transferred from restructured loans to non-performing loans and from non-performing loans to restructured loans are presented in the Transfers from and to other categories of
loans under follow-up lines.
Uncollectible loans and other receivables are collected through liquidation of collaterals and legal follow-up.
VAKIFBANK ANNUAL REPORT 2013
163