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Türkiye Vakıflar Bankası Türk Anonim Ortaklığı
and Its Financial Subsidiaries Consolidated Financial Report as at and
For the Year Ended 31 December 2013
(Currency: Thousands of Turkish Lira (“TL”))
Convenience Translation of the Consolidated Financial Statements and Related Disclosures and Footnotes Originally Issued in Turkish, See Section 3 Note I
Previous Year
Euro
US Dollar
Japanese Yen
TL
%
%
%
%
Assets:
Cash and balances with CBT
-
-
-
-
Banks
1.62
2.38
-
10.38
Financial assets at fair value through profit/loss
7.54
1.84
-
6.32
Interbank money market placements
-
-
-
-
Available-for-sale financial assets
5.34
7.13
-
7.53
Loans and receivables
4.67
5.46
-
15.36
Held-to-maturity investments
6.50
1.16
-
10.05
Liabilities:
Bank deposits
1.79
1.40
-
6.69
Other deposits
3.26
3.15
-
8.79
Interbank money market takings
0.43
1.31
-
5.57
Miscellaneous payables
-
-
-
-
Securities issued
-
5.75
-
7.64
Funds borrowed
1.45
2.09
-
9.37
The interest rate risk of the banking book items:
Measurement Frequency of Interest Rate Risk
Interest rate risk arising from banking book accounts is calculated in accordance with “Regulation on Measurement and Assessment of Interest Rate Risk
Arising from Banking Book Accounts according to Standart Shock Technique” published in the 23 August 2011 dated Official Gazette no. 28034. Legal
limit is monthly monitored and reported accordingly.
The economic value changes arising from the interest rate fluctuations which are measured according to “Regulation on Measurement and Assessment
of Interest Rate Risk Arising from Banking Book Accounts according to Standart Shock Technique” are presented in the below table:
Currency Unit-Current Period
Applied Shock
(+/- x base point)
Gain/Loss
Gain/Equity-Loss/
Equity
1. TRY
500 / (400)
(2,412,990) / 2,441,246 (15.89%) / 16.08%
2. EURO
200 / (200)
34,736 / 10,115
0.23% / 0.07%
3. USD
200 / (200)
457,473 / (383,076)
3.01% / (2.52%)
Total (For Negative Shocks)
-
2,068,285
13.63%
Total (For Positive Shocks)
-
(1,920,781)
(12.65%)
Currency Unit-Prior Period
Applied Shock
(+/- x base point)
Gain/Loss
Gain/Equity-Loss/
Equity
1. TRY
500 / (400)
(2,133,853) / 2,169,218 (15.8%) / 16.0%
2. EURO
200 / (200)
(28,821) / 22,552
(0.2%) / 0.2%
3. USD
200 / (200)
227,439 / (174,372)
1.7% / (1.3%)
Total (For Negative Shocks)
-
2,017,398
14.90%
Total (For Positive Shocks)
-
(1,935,335)
(14.30%)
VAKIFBANK ANNUAL REPORT 2013
249