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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
Interest rate sensitivity of assets, liabilities and off balance sheet items (based on re-pricing dates)
Current Period
Up to 1
Month
1-3
Months
3-12
Months
1-5
Years
5 Years
and Over
Non-Interest
Bearing
Total
:
Assets
Cash and balances with CBT
3,055,551
-
-
-
-
18,835,530
21,891,081
Banks
2,983,521
214,751
6,290
-
-
363,946
3,568,508
Financial assets at fair value through profit/loss
172,007
207,100
7,569
33,427
25,905
4,233
450,241
Interbank money market placements
9,504
-
-
-
-
-
9,504
Available-for-sale financial assets
2,666,118
2,035,297
5,241,522
4,305,279
2,622,884
15
16,871,115
Loans and receivables
33,476,465
22,448,303
21,987,427
17,768,042
10,356,537
318,897 106,355,671
Held-to-maturity investments
281,186
1,559,200
3,180,566
290,780
1,542,861
-
6,854,593
Other assets
(*)
65,719
315,931
170,248
853,884
243,339
5,901,628
7,550,749
Total assets
42,710,071 26,780,582 30,593,622 23,251,412 14,791,526 25,424,249 163,551,462
Liabilities:
Bank deposits
4,208,236
452,338
22,912
-
-
66,930
4,750,416
Other deposits
45,030,713
19,282,775
6,861,948
709,033
18,322
16,749,406
88,652,197
Interbank money market takings
15,846,751
253,389
349,241
-
205,860
-
16,655,241
Miscellaneous payables
-
-
-
-
-
3,344,419
3,344,419
Securities issued
718,111
2,146,929
2,579,188
4,940,480
-
-
10,384,708
Funds borrowed
4,063,185
7,002,553
3,733,893
717,541
743,483
-
16,260,655
Other liabilities
(**)
147,979
23,050
132,524
464,387
1,649,212
21,086,674
23,503,826
Total liabilities
70,014,975 29,161,034 13,679,706
6,831,441
2,616,877 41,247,429 163,551,462
On balance sheet long position
-
-
16,913,916
16,419,971
12,174,649
-
45,508,536
On balance sheet short position
(27,304,904)
(2,380,452)
-
-
-
(15,823,180)
(45,508,536)
Off-balance sheet long position
658,387
1,660,268
-
-
-
-
2,318,655
Off-balance sheet short position
-
-
-
(1,304,201)
(777,200)
-
(2,081,401)
Position, Net
(26,646,517)
(720,184)
16,913,916 15,115,770 11,397,449 (15,823,180)
237,254
(*)
Subsidiaries, associates and tangible and intangible assets are included in non-interest bearing column.
(**)
Equity is included in non-interest bearing column in other liabilities line.
Prior Period
Up to 1
Month
1-3
Months
3-12
Months
1-5
Years
5 Years
and Over
Non-Interest
Bearing
Total
Assets:
Cash and balances with CBT
-
-
-
-
-
18,975,182
18,975,182
Banks
2,215,980
182,222
2,239
-
-
757,910
3,158,351
Financial assets at fair value through profit/loss
240,057
245,314
141,141
24,050
2,034
3,023
655,619
Interbank money market placements
5,095
-
-
-
-
-
5,095
Available-for-sale financial assets
5,352,344
2,440,347
2,697,991
3,296,050
2,857,302
13,375
16,657,409
Loans and receivables
26,238,283
19,283,647
17,078,087
16,099,655
9,604,374
369,012
88,673,058
Held-to-maturity investments
914,868
427,664
2,022,196
495,822
1,552,621
-
5,413,171
Other assets
(*)
49,138
161,056
230,216
679,202
10,000
5,120,085
6,249,697
Total assets
35,015,765 22,740,250 22,171,870 20,594,779 14,026,331 25,238,587 139,787,582
Liabilities:
Bank deposits
3,105,830
869,432
103,153
-
-
25,537
4,103,952
Other deposits
38,796,173
19,294,057
6,040,869
898,335
26,140
13,879,873
78,935,447
Interbank money market takings
12,723,139
237,295
1,005,685
809,269
-
-
14,775,388
Miscellaneous payables
-
-
-
-
-
2,841,068
2,841,068
Securities issued
401,593
1,427,439
1,726,683
3,265,020
-
-
6,820,735
Funds borrowed
681,189
4,553,844
5,637,765
691,124
721,739
-
12,285,661
Other liabilities
(**)
124,797
17,333
141,104
410,218
1,493,102
17,838,777
20,025,331
Total liabilities
55,832,721 26,399,400 14,655,259
6,073,966
2,240,981 34,585,255 139,787,582
On balance sheet long position
-
-
7,516,611
14,520,813
11,785,350
-
33,822,774
On balance sheet short position
(20,816,956)
(3,659,150)
-
-
-
(9,346,668)
(33,822,774)
Off-balance sheet long position
545,993
1,482,402
-
-
-
-
2,028,395
Off-balance sheet short position
-
-
(77,250)
(979,931)
(695,500)
-
(1,752,681)
Position, Net
(20,270,963)
(2,176,748)
7,439,361 13,540,882 11,089,850 (9,346,668)
275,714
(*)
Subsidiaries, associates and tangible and intangible assets are stated in non-interest bearing column.
(**)
Equity is included in non-interest bearing column in other liabilities line.