VakıfBank Anual Report 2014

215

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

VAKIFBANK

2014 ANNUAL REPORT

The accompanying notes are an integral part of these consolidated financial statements.

TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES

CONSOLIDATED BALANCE SHEET (STATEMENT OF FINANCIAL POSITION)

AS AT 31 DECEMBER 2014

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

Audited Current Period

31 December 2014

Audited Prior Period

31 December 2013

LIABILITIES AND EQUITY

Notes

Total

DEPOSITS

V-II-1

65,144,101

28,258,512

93,402,613

58,946,981

24,092,418

83,039,399

1.1 Deposits of the same risk group

V-VII-1

953,746

63,178

1,016,924

1,268,031

167,281

1,435,312

1.2 Other deposits

64,190,355

28,195,334

92,385,689

57,678,950

23,925,137

81,604,087

II.

DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING PURPOSE

V-II-2

65,776

204,851

270,627

131,338

88,142

219,480

III.

FUNDS BORROWED

V-II-3

1,569,623

14,691,032

16,260,655

412,222

11,873,439

12,285,661

IV.

INTERBANK MONEY MARKET

10,063,573

6,591,668

16,655,241

8,209,702

6,565,686

14,775,388

4.1

Interbank Money Market takings

200,000

4.2

Istanbul Stock Exchange money market takings

269,939

195,043

4.3

Obligations under repurchase agreements

9,593,634

6,591,668

16,185,302

8,014,659

6,565,686

14,580,345

SECURITIES ISSUED (Net)

V-II-3

2,866,343

7,518,365

10,384,708

2,301,798

4,518,937

6,820,735

5.1

Bills

2,866,343

2,301,798

5.2

Asset backed securities

5.3

Bonds

7,518,365

4,518,937

VI.

FUNDS

20,089

23,431

6.1 Funds against borrower’s note

6.2 Others

20,089

23,431

VII.

MISCELLANEOUS PAYABLES

2,920,619

423,800

3,344,419

2,529,208

311,860

2,841,068

VIII.

OTHER EXTERNAL RESOURCES PAYABLE

V-II-4

573,091

947,128

1,520,219

471,762

1,038,853

1,510,615

IX.

FACTORING PAYABLES

LEASE PAYABLES (Net)

V-II-5

10.1

Finance lease payables

10.2 Operational lease payables

10.3 Others

10.4

Deferred finance leasing expenses (-)

XI.

DERIVATIVE FINANCIAL LIABILITIES HELD FOR RISK

MANAGEMENT PURPOSE

V-II-6

11.1

Fair value hedges

11.2

Cash flow hedges

11.3

Hedges of net investment in foreign operations

XII.

PROVISIONS

V-II-7

4,086,058

25,879

4,111,937

3,531,303

62,149

3,593,452

12.1

General provisions

V-II-7

1,591,002

12,240

1,603,242

1,179,012

11,727

1,190,739

12.2

Restructuring reserves

12.3

Reserve for employee benefits

626,273

838

627,111

561,411

803

562,214

12.4

Insurance technical provisions

V-II-7

1,633,739

8,973

1,642,712

1,541,611

8,767

1,550,378

12.5

Other provisions

V-II-7

235,044

3,828

238,872

249,269

40,852

290,121

XIII.

TAX LIABILITIES

V-II-8

485,576

8,419

493,995

241,397

1,335

242,732

13.1 Current tax liabilities

V-II-8

477,758

1,029

478,787

237,422

1,335

238,757

13.2 Deferred tax liabilities

V-I-15

7,818

7,390

15,208

3,975

XIV.

PAYABLES FOR ASSETS HELD FOR SALE AND ASSETS RELATED

TO DISCONTINUED OPERATIONS (Net)

V-II-9

14.1 Payables related to the assets held for sale

14.2 Payables related to the discontinued operations

XV.

SUBORDINATED LOANS

V-II-10

2,126,436

1,964,663

XVI.

EQUITY

14,408,274

552,249

14,960,523

12,090,402

380,556

12,470,958

16.1 Paid-in capital

V-II-11

2,500,000

16.2 Capital reserves

1,025,056

280,801

1,305,857

511,720

122,858

634,578

16.2.1 Share premium

727,780

726,686

16.2.2 Share cancellation profits

16.2.3 Valuation differences of the marketable securities

V-II-11

240,729

280,801

521,530

(272,577)

122,858

(149,719)

16.2.4 Revaluation surplus on tangible assets

52,864

51,329

16.2.5 Revaluation surplus on intangible assets

16.2.6 Revaluation surplus on investment properties

16.2.7 Bonus shares of associates, subsidiaries and joint-ventures

3,683

6,282

16.2.8 Hedging reserves (effective portion)

16.2.9 Revaluation surplus on assets held for sale and assets related to

the discontinued operations

16.2.10 Other capital reserves

16.3 Profit reserves

8,664,406

130,184

8,794,590

7,195,316

143,130

7,338,446

16.3.1 Legal reserves

1,062,732

6,513

1,069,245

898,804

5,362

904,166

16.3.2 Status reserves

6,337

16.3.3. Extraordinary reserves

7,341,533

4,594

7,346,127

6,002,598

4,593

6,007,191

16.3.4. Other profit reserves

253,804

119,077

372,881

287,577

133,175

420,752

16.4

Profit or loss

1,772,859

101,133

1,873,992

1,611,380

77,453

1,688,833

16.4.1 Previous years’ profit/loss

(14,354)

82,669

68,315

(28,542)

64,901

36,359

16.4.2 Current year’s profit/loss

1,787,213

18,464

1,805,677

1,639,922

12,552

1,652,474

16.5 Non-controlling interest

445,953

40,131

486,084

271,986

37,115

309,101

TOTAL LIABILITIES AND EQUITY

102,203,123

61,348,339

163,551,462

88,889,544

50,898,038

139,787,582