VAKIFBANK
2015 ANNUAL REPORT
270
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.)
Prior Period
Euro
US Dollar
Yen
TL
%
%
%
%
Assets:
Cash and balance with CBRT
-
-
-
1.51
Banks
0.70
0.28
-
10.59
Financial assets at fair value through profit/loss
5.50
11.78
-
11.45
Interbank money market placements
-
-
-
10.33
Available-for-sale financial assets
4.27
6.89
-
7.19
Loans and receivables
4.19
5.39
-
12.70
Held-to-maturity investments
-
1.58
-
5.56
Liabilities:
Bank deposits
0.66
0.42
-
8.59
Other deposits
1.98
2.13
-
9.22
Interbank money market takings
-
0.95
-
9.83
Miscellaneous payables
-
-
-
-
Securities issued
3.47
3.45
-
9.06
Funds borrowed
1.13
1.67
-
8.44
(*)
The rates above are calculated over financial instruments with interest rates.
The interest rate risk of the banking book items:
Measurement Frequency of Interest Rate Risk
Interest rate risk arising from banking book accounts is calculated in accordance with “Regulation on Measurement and Assessment of Interest Rate Risk
Arising from Banking Book Accounts according to Standard Shock Technique” published in the 23 August 2011 dated Official Gazette no. 28034. Legal
limit is monthly monitored and reported accordingly.
The economic value changes arising from the interest rate fluctuations which are measured according to “Regulation on Measurement and Assessment
of Interest Rate Risk Arising from Banking Book Accounts according to Standard Shock Technique” are presented in the below table:
Currency Unit-Current Period
Applied Shock
(+/- x base point)
Gain/Loss
Gain/Equity-
Loss/Equity
1. TRY
500 / (400)
(2,022,909) / 1,994,966
(%9.45) / %9.32
2. EURO
200 / (200)
237,097 / (30,443)
%1.11 / (%0.14)
3. US Dollar
200 / (200)
592,183 / (522,416)
%2.76 / (%2.44)
Total (For Negative Shocks)
-
1,442,107
6.74%
Total (For Positive Shocks)
-
(1,193,629)
(5.58%)
Currency Unit-Prior Period
Applied Shock
(+/- x base point)
Gain/Loss
Gain/Equity-
Loss/Equity
1. TRY
500 / (400)
(2,440,546) / 2,452,172
(%13.54) / %13.61
2. EURO
200 / (200)
178,773 / (9,440)
%0.99 / (%0.05)
3. US Dollar
200 / (200)
441,639 / (383,071)
%2.45 / (%2.13)
Total (For Negative Shocks)
-
2,059,661
%11.43
Total (For Positive Shocks)
-
(1,820,134)
(%10.10)
The table above has been obtained from unconsolidated audited financial report dated 31 December 2015 disclosed on Public Disclosure Platform.
