VakıfBank Anual Report 2014

110

FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT

Audited

Current Period

31 December 2014

Audited

Prior Period

31 December 2013

ASSETS

Notes

Total

CASH AND BALANCES WITH THE CENTRAL BANK

V-I-1 4,126,328 17,758,651 21,884,979 1,802,838 17,165,243 18,968,081

II.

FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (Net)

V-I-2

343,094

37,101

380,195

356,150

79,540

435,690

2.1

Financial assets held for trading purpose

343,094

37,101

380,195

356,150

79,540

435,690

2.1.1 Debt securities issued by the governments

2.1.2 Equity securities

2.1.3 Derivative financial assets held for trading purpose

V-I-2

342,475

37,101

379,576

356,150

79,540

435,690

2.1.4 Other securities

619

2.2

Financial assets designated at fair value through profit or loss

2.2.1 Debt securities issued by the governments

2.2.2 Equity securities

2.2.3 Loans

2.2.4 Other securities

III.

BANKS

V-I-3

14,733 2,555,887 2,570,620

40,177 2,598,960 2,639,137

IV.

RECEIVABLES FROM INTERBANK MONEY MARKETS

4.1

Interbank money market placements

4.2

Istanbul Stock Exchange money market placements

4.3

Receivables from reverse repurchase agreements

AVAILABLE-FOR-SALE FINANCIAL ASSETS (Net)

V-I-4 12,629,821 3,693,476 16,323,297 12,551,965 3,736,222 16,288,187

5.1

Equity securities

10,750

10,765

5.2

Debt securities issued by the governments

12,629,806

3,693,476 16,323,282 12,551,950

3,725,472 16,277,422

5.3 Other securities

VI.

LOANS AND RECEIVABLES

V-I-5 76,682,669 27,900,848 104,583,517 65,082,512 21,669,705 86,752,217

6.1

Performing loans and receivables

76,442,594 27,900,848 104,343,442 64,826,518 21,669,705 86,496,223

6.1.1 Loans provided to risk group

V-VII-1

57,996

22,347

80,343

11,233

83,668

94,901

6.1.2 Debt securities issued by the governments

6.1.3 Others

76,384,598 27,878,501 104,263,099 64,815,285 21,586,037 86,401,322

6.2

Loans under follow-up

3,974,372

3,531,427

6.3

Specific provisions (-)

3,734,297

3,275,433

VII.

FACTORING RECEIVABLES

VIII.

HELD-TO-MATURITY INVESTMENT SECURITIES (Net)

V-I-6 6,761,749

92,844 6,854,593 5,358,742

45,073 5,403,815

8.1

Debt securities issued by the governments

6,761,749

5,358,742

2,234

5,360,976

8.2

Other securities

92,844

42,839

IX.

INVESTMENTS IN ASSOCIATES (Net)

V-I-7

305,469

245,523

9.1

Associates, consolidated per equity method

9.2

Unconsolidated associates

305,469

245,523

9.2.1 Financial associates

294,069

234,123

9.2.2 Non-Financial associates

11,400

INVESTMENTS IN SUBSIDIARIES (Net)

V-I-8 1,110,389

321,124 1,431,513 1,094,893

270,577 1,365,470

10.1

Unconsolidated financial subsidiaries

866,473

321,124

1,187,597

893,406

270,577

1,163,983

10.2

Unconsolidated non-financial subsidiaries

243,916

201,487

XI.

INVESTMENTS IN JOINT-VENTURES (Net)

V-I-9

11.1 Joint-ventures, consolidated per equity method

11.2 Unconsolidated joint-ventures

11.2.1 Financial joint-ventures

11.2.2 Non-Financial joint-ventures

XII.

LEASE RECEIVABLES

V-I-10

12.1

Finance lease receivables

12.2 Operational lease receivables

12.3 Others

12.4

Unearned income (-)

XIII.

DERIVATIVE FINANCIAL ASSETS HELD FOR RISK MANAGEMENT PURPOSE

V-I-11

13.1

Fair value hedges

13.2

Cash flow hedges

13.3

Hedges of net investment in foreign operations

XIV.

TANGIBLE ASSETS (Net)

V-I-12

707,628

1,372

709,000

656,989

1,802

658,791

XV.

INTANGIBLE ASSETS (Net)

V-I-13

140,639

111

140,750

108,480

128

108,608

15.1

Goodwill

15.2

Other intangibles

140,639

111

140,750

108,480

128

108,608

XVI.

INVESTMENT PROPERTIES (Net)

V-I-14

XVII.

TAX ASSETS

72,437

51,606

17.1 Current tax assets

17.2 Deferred tax assets

V-I-15

72,437

51,606

XVIII.

ASSETS HELD FOR SALE AND ASSETS RELATED TO THE DISCONTINUED OPERATIONS (Net)

V-I-16

745,883

564,744

18.1 Assets held for sale

745,883

564,744

18.2 Assets related to the discontinued operations

XIX.

OTHER ASSETS

V-I-17 1,556,242

659,231 2,215,473 1,231,840

782,334 2,014,174

TOTAL ASSETS

105,197,081 53,020,645 158,217,726 89,146,459 46,349,584 135,496,043

The accompanying explanations and notes form an integral part of these financial statements.

TÜRKİYE VAKIFLAR BANKASI TÜRK ANONIM ORTAKLIĞI

UNCONSOLIDATED BALANCE SHEET(STATEMENT OF FINANCIAL POSITION)

AS OF 31 DECEMBER 2014

(Amounts expressed in thousands of Turkish Lira [“TL”] unless otherwise stated.)

CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED UNCONSOLIDATED INTERIM FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE NOTE I. OF SECTION THREE