VAKIFBANK
2015 ANNUAL REPORT
274
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
Total unweighted
value *
Total weighted
value*
TL+FC
FC
TL+FC
FC
HIGH QUALITY LIQUID ASSETS
1 Total High Quality Liquid Assets (HQLA)
21,740,602 15,890,234
CASH OUTFLOWS
2 Retail deposits and deposits from small business customers, of which:
33,211,281 14,381,935
2,350,923
818,618
3 Stable deposits
28,462,318
9,632,972
1,423,116
481,648
4 Less stable deposits
4,748,963
4,748,963
927,807
336,970
5 Unsecured wholesale funding, of which:
51,231,026 12,326,384 21,390,721
6,087,581
6 Operational deposits
32,362,586
5,491,432
8,090,647
1,372,858
7 Non-operational deposits
13,843,072
5,710,009
8,275,114
3,589,780
8 Unsecured debt
5,025,368
1,124,943
5,024,960
1,124,943
9 Secured wholesale funding
-
-
10 Additional requirements of which:
1,279,692
1,222,956
1,279,692
1,222,956
11 Outflows related to derivative exposures and other collateral requirements
1,279,692
1,222,956
1,279,692
1,222,956
12 Outflows related to loss of funding on debt products
-
-
-
-
13 Credit and liquidity facilities
-
-
-
-
14 Other contractual funding obligations
12,266,490
9,756,311
613,325
487,816
15 Other contingent funding obligations
44,132,841 14,485,826
6,444,894
2,353,891
16 TOTAL CASH OUTFLOWS
32,079,555 10,970,862
CASH INFLOWS
17 Secured lending
-
-
-
-
18 Inflows from fully performing exposures
8,123,384
2,794,168
5,753,344
2,503,876
19 Other cash inflows
207,386
153,889
207,386
153,889
20 TOTAL CASH INFLOWS
8,330,770 2,948,057 5,960,730 2,657,765
Upper Limit Applied Values
21 TOTAL HQLA
21,740,602 15,890,234
22 TOTAL NET CASH OUTFLOWS
26,118,825 8,313,097
23 LIQUIDITY COVERAGE RATIO (%)
83.24
191.15
(*)
To be calculated by simple arithmetic average monthly and consolidated average calculated for the last three months to the liquidity coverage ratio, calculated weekly simple average of the last three months to the liquidity
coverage ratio is calculated by taking the arithmetic mean.
The highest value in foreign currency took place during 30 November 2015 period in the level of 187.8%, whereas the lowest value took place during
31 October 2015 period in the level of 180.55%.
The highest value in total took place during 31 December 2015 period in the level of 109.55%, whereas the lowest value took place during 30
November 2015 period in the level of 99.1%.
Between 30 September 2015 and 31 December 2015, as a result of the decrease of cash inflows in foreign currency and total liquidity coverage ratio is
less than decrease of cash outflows, the ratios increased from %175.14 to %186.07 on foreign currency, and from %105.68 to %109.55 in total.
With the “Liquidity Coverage Rate” which is prepared under the framework of “Regulations Regarding Banks’ Calculations of Liquidity Coverage Rate”
published by BRSA, the balance between banks’ net cash outflows and high quality liquid asset stock.
Bank’s high quality liquid asset stock consists of cash and debt instruments issued by CBRT and Republic of Turkey Undersecretariat of Treasury.
Whereas the Banks’ important fund sources are deposits, funds obtained from other financial institutions, marketable securities issued and funds
obtained from repo transactions.
Derivatives transactions with 30 or less days to maturity are included into liquidity coverage calculation with cash outflows created by the transactions
as of the calculated liquidity coverage rate. In case of a liability resulting from derivatives transactions and security fulfillment liablity resulting from
other liabilities, actions are taken accordingly to the related regulation.
