VAKIFBANK
2015 ANNUAL REPORT
268
CONVENIENCE TRANSLATION OF PUBLICLY ANNOUNCED CONSOLIDATED FINANCIAL STATEMENTS ORIGINALLY ISSUED IN TURKISH, SEE IN NOTE I. OF SECTION THREE
TÜRKİYE VAKIFLAR BANKASI TÜRK ANONİM ORTAKLIĞI AND
ITS FINANCIAL SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AS AT AND
FOR THE YEAR ENDED 31 DECEMBER 2015
(Amounts expressed in thousands of Turkish Lira (“TL”) unless otherwise stated.)
VI. CONSOLIDATED INTEREST RATE RISK
Interest sensitivity of assets, liabilities and off-balance sheet items is evaluated during the weekly Assets-Liabilities Committee meetings taking into
account the developments in market conditions.
The Parent Bank’s interest rate risk is measured by the standard method. Measurements for standard method are carried out monthly using the
maturity ladder table.
Interest rate sensitivity of assets, liabilities and off balance sheet items (based on repricing 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 CBRT
12,781,090
-
-
-
-
8,708,824 21,489,914
Banks
5,475,827
194,049
61,644
-
-
444,499 6,176,019
Financial assets at fair value through profit/
loss
391,852
421,683
6,030
87,765
73,042
15,490
995,862
Interbank money market placements
6,699
-
-
-
-
-
6,699
Available-for-sale financial assets
2,388,751 2,496,529 4,703,040 5,237,102 2,431,436
79,253 17,336,111
Loans and receivables
42,202,253 26,571,644 26,825,084 19,169,977 10,281,787
908,934 125,959,679
Held-to-maturity investments
1,010,446 1,774,694 3,360,520 1,301,192
230,877
-
7,677,729
Other assets
(*)
104,786
295,650
311,063 1,119,520
227,377 7,885,149 9,943,545
Total assets
64,361,704 31,754,249 35,267,381 26,915,556 13,244,519 18,042,149 189,585,558
Liabilities:
Bank deposits
4,477,914
555,665
151,903
-
-
392,993 5,578,475
Other deposits
58,747,568 19,744,450 7,262,399
777,354
16,558 19,883,193 106,431,522
Interbank money market takings
11,216,171 1,148,950
-
397,450
64,627
-
12,827,198
Miscellaneous payables
-
-
-
-
-
4,397,761 4,397,761
Securities issued
1,179,387 1,235,096 2,244,042 5,988,183
-
-
10,646,708
Funds borrowed
3,683,934 7,684,616 5,500,813
929,920 2,395,764
-
20,195,047
Other liabilities
(**)
45,764
92,326
245,280
903,262 3,176,408 25,045,807 29,508,847
Total liabilities
79,350,738 30,461,103 15,404,437 8,996,169 5,653,357 49,719,754 189,585,558
On balance sheet long position
-
1,293,146 19,862,944 17,919,387 7,591,162
-
46,666,639
On balance sheet short position
(14,989,034)
-
-
-
- (31,677,605) (46,666,639)
Off-balance sheet long position
1,207,068 2,297,615
-
-
-
-
3,504,683
Off-balance sheet short position
-
-
(315,011) (1,725,656)
(902,100)
- (2,942,767)
Net position
(13,781,966)
3,590,761 19,547,933 16,193,731 6,689,062 (31,677,605)
561,916
(*)
Subsidiaries, associates and tangible and intangible assets, and deferred tax are included in non-interest bearing column.
(**)
Equity is included in non-interest bearing column in other liabilities line.
