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FINANCIAL HIGHLIGHTS AND RISK MANAGEMENT
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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
Information on consolidated capital adequacy ratio
Prior Period
Consolidated Risk Weights-
31 December 2013
0% 10% 20% 50% 75% 100% 150% 200% 250% 1250%
Value at credit risk exposure categories
50,426,929
- 7,739,899 29,955,165 22,234,970 48,481,930 2,837,152 9,393,300
11,741
-
Risk classifications:
Claims on sovereigns and Central Banks
42,050,229
-
-
3,957,235
-
-
-
-
-
-
Claims on regional governments or local authorities
15,022
-
1,620,366
240,085
-
-
-
-
-
-
Claims on administrative bodies and other non-
commercial undertakings
29,436
-
-
-
-
368,455
-
-
-
-
Claims on multilateral development banks
-
-
-
-
-
-
-
-
-
-
Claims on international organizations
-
-
-
-
-
-
-
-
-
-
Claims on banks and intermediary institutions
6,664,562
-
6,099,949 1,968,828
-
1,486
-
-
-
-
Claims on corporate
402,742
-
-
1,730,922
- 39,817,450
-
-
-
-
Claims included in the regulatory retail portfolios
102,613
-
-
- 22,234,970 1,490,513
-
-
-
-
Claims secured by residential property
-
-
- 22,058,095
-
3,132,085
-
-
-
-
Past due loans
-
-
-
-
-
369,026
-
-
-
-
Higher risk categories decided by the Agency
-
-
-
-
-
-
2,837,152 9,393,300
11,741
-
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
1,162,325
-
19,584
-
-
3,302,915
-
-
-
-
Summary information related to consolidated capital adequacy ratio
Consolidated
Current Period
Capital Requirement for Credit Risk (Value at Credit Risk*0,08) (CRCR)
9,782,654
Capital Requirement for Market Risk (MRCR)
63,924
Capital Requirement for Operational Risk (ORCR)
768,723
Shareholders’ Equity
18,212,972
Shareholders’ Equity/((CRCR+MRCR+ORCR) *12,5*100)
13.73
Core Capital/((CRCR+MRCR+ORCR) *12,5*100)
11.07
Tier I Capital/((CRCR+MRCR+ORCR) *12,5*100)
11.17
Prior Period
Capital Requirement for Credit Risk (Value at Credit Risk*0,08) (CRCR)
8,380,432
Capital Requirement for Market Risk (MRCR)
58,981
Capital Requirement for Operational Risk (ORCR)
(*)
764,882
Shareholders’ Equity
15,199,794
Shareholders’ Equity/((CRCR+MRCR+ORCR) *12,5*100)
13.21%
(*)
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 consolidated 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 consolidated gross
incomes for the years ended 2013, 2012 and 2011.