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VAKIFBANK
2014 ANNUAL REPORT
237
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND ITS FINANCIAL SUBSIDIARIES
CONSOLIDATED FINANCIAL REPORT AS AT AND
FOR THE YEAR 31 DECEMBER 2014
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
Summary information related to unconsolidated capital adequacy ratio
Bank
Current Period
Capital Requirement for Credit Risk (Value at Credit Risk*0,08) (CRCR)
9,490,415
Capital Requirement for Market Risk (MRCR)
55,940
Capital Requirement for Operational Risk (ORCR)
777,799
Shareholders’ Equity
18,013,163
Shareholders’ Equity/((CRCR+MRCR+ORCR) *12.5)*100
13.96
Core Capital/((CRCR+MRCR+ORCR)*12.5)*100
11.26
Tier I Capital/((CRCR+MRCR+ORCR)*12.5)*100
11.35
Prior Period
Capital Requirement for Credit Risk (Value at Credit Risk*0,08) (CRCR)
8,185,603
Capital Requirement for Market Risk (MRCR)
26,097
Capital Requirement for Operational Risk (ORCR)
(*)
655,046
Shareholders’ Equity
15,179,536
Shareholders’ Equity/((CRCR+MRCR+ORCR) *12.5)*100
13.70%
(*)
In accordance with the BRSA.BYD.126.01 numbered and 7 February 2008 dated BRSA circular, capital adequacy ratio as at 2013 was measured by taking value at operational risk calculated
based on gross incomes for the years ended 2012, 2011 and 2010 into consideration. For the year 2014, value at operational risk is being calculated based on gross incomes for the years
ended 2013, 2012 and 2011.
Information on consolidated capital adequacy ratio
Current Period
Consolidated Risk Weights-
31 December 2014
0% 10% 20% 50% 75% 100% 150% 200% 250% 1250%
Value at credit risk exposure categories
55,620,001
- 11,639,035 38,668,549 23,382,850 59,238,068 2,986,884 9,434,959
198,260
-
Risk classifications:
Claims on sovereigns and Central Banks
46,808,952
-
-
5,539,730
-
-
-
-
-
-
Claims on regional governments or local authorities
16,258
-
2,467,609
507,006
-
-
-
-
-
-
Claims on administrative bodies and other non-
commercial undertakings
34,810
-
979
-
-
1,017,536
-
-
-
-
Claims on multilateral development banks
-
-
-
-
-
-
-
-
-
-
Claims on international organizations
-
-
-
-
-
-
-
-
-
-
Claims on banks and intermediary institutions
7,031,351
-
7,924,889 1,807,130
-
6,730
-
-
-
-
Claims on corporate
207,240
-
1,137,923 1,348,282
- 49,100,468
-
-
-
-
Claims included in the regulatory retail portfolios
121,740
-
41,821
- 23,382,850 1,185,664
-
-
-
-
Claims secured by residential property
-
-
- 29,466,401
-
3,401,067
-
-
-
-
Past due loans
-
-
-
-
-
320,657
-
-
-
-
Higher risk categories decided by the Agency
11,949
-
3,166
-
-
-
2,986,884 9,434,959
198,260
-
Marketable securities secured by mortgages
-
-
-
-
-
-
-
-
-
-
Securitization exposures
-
-
-
-
-
-
-
-
-
-
Short-term claims and short-term corporate claims on
banks and intermediary institutions
-
-
-
-
-
-
-
-
-
-
Undertakings for collective investments in mutual
funds
-
-
-
-
-
-
-
-
-
-
Other claims
1,387,701
-
62,648
-
-
4,205,946
-
-
-
-