(CONVENIENCE TRANSLATION OF FINANCIAL STATEMENTS)

Transcription

1 BALANCE SHEET AS OF DECEMBER 31, 2018 (STATEMENT OF FINANCIAL POSITION) I. BALANCE SHEET ASSETS I. FINANCIAL ASSETS (Net) Cash and cash equivalents Cash and balances at Central Bank Banks Receivables from Money Markets Financial assets at fair value through profit or loss Public debt securities Equity instruments Other financial assets Financial assets at fair value through other comprehensive income Public debt securities Equity instruments Other financial assets Financial assets measured at amortised cost Public debt securities Other financial assets Derivative financial assets Derivative financial assets at fair value through profit or loss Derivative financial assets at fair value through other comprehensive income Non-performing financial assets Allowance for expected credit losses (-) II. LOANS (Net) Loans Loans measured at amortised cost Loans at fair value through profit or loss Loans at fair value through other comprehensive income Receivables from leasing transactions Finance lease receivables Operational lease receivables Unearned income ( - ) Factoring receivables Factoring receivables measured at amortised cost Factoring receivables at fair value through profit or loss Factoring receivables at fair value through other comprehensive income Non-performing loans Allowance for expected credit losses (-) Month expected credit losses (Stage 1) Significant increase in credit risk (Stage 2) Credit-Impaired (Stage 3) NON-CURRENTS ASSETS OR DISPOSAL GROUPS "HELD FOR SALE" AND "FROM DISCONTINUED OPERATIONS (Net) III. 3.1 Held for sale Held from discontinued operations IV. INVESTMENTS IN ASSOCIATES, SUBSIDIARIES AND JOINT VENTURES Investments in associates (Net) Associates accounted by using equity method Non-consolidated associates Investments in subsidiaries (Net) Non-consolidated financial subsidiaries Non-consolidated non-financial subsidiaries Jointly Controlled Partnerships (Joint Ventures) (Net) Jointly controlled partnerships accounted by using equity method Non-consolidated jointly controlled partnerships V. TANGIBLE ASSETS (Net) VI. INTANGIBLE ASSETS AND GOODWILL (Net) Goodwill Other VII. INVESTMENT PROPERTIES (Net) VIII. CURRENT TAX ASSETS IX. DEFERRED TAX ASSETS X. OTHER ASSETS TOTAL ASSETS

2 BALANCE SHEET AS OF DECEMBER 31, 2018 (STATEMENT OF FINANCIAL POSITION) I. BALANCE SHEET ASSETS Audited I. CASH AND BALANCES WITH THE CENTRAL BANK II. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT AND LOSS (Net) Financial assets held for trading Public sector debt securities Equity securities Assets on trading derivatives Other securities Financial assets at fair value through profit and loss Public sector debt securities Equity securities Loans Other securities III. BANKS IV. MONEY MARKET PLACEMENTS Interbank money market placements Borsa Istanbul money market placements Receivables from reverse repurchase agreements V. INVESTMENT SECURITIES AVAILABLE-FOR-SALE (Net) Equity securities Public sector debt securities Other securities VI. LOANS AND RECEIVABLES Loans and receivables Loans to risk group of the Bank Public sector debt securities Other Non-performing loans Specific provisions (-) VII. FACTORING RECEIVABLES VIII. INVESTMENT SECURITIES HELD TO MATURITY (Net) Public sector debt securities Other securities IX. INVESTMENT IN ASSOCIATES (Net) Equity method associates Unconsolidated Financial Investments Non-financial Investments X. INVESTMENT IN SUBSIDIARIES (Net) Unconsolidated financial investments Unconsolidated non-financial investments XI. ENTITIES UNDER COMMON CONTROL (JOINT VENTURES) (Net) Equity method entities under common control Unconsolidated Financial investments Non-financial Investments XII. LEASE RECEIVABLES (Net) Financial lease receivables Operational lease receivables Others Unearned income (-) XIII. DERIVATIVE FINANCIAL ASSETS HEDGING PURPOSES Fair value hedge Cash flow hedge Hedging of a net investment in foreign subsidiaries XIV. TANGIBLE ASSETS (Net) XV. INTANGIBLE ASSETS (Net) Goodwill Others XVI. INVESTMENT PROPERTIES (Net) XVII. TAX ASSETS Current tax assets Deferred tax assets XVIII. ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (Net) Assets held for sale Discontinued operations XIX. OTHER ASSETS TOTAL ASSETS

3 BALANCE SHEET AS OF DECEMBER 31, 2018 (STATEMENT OF FINANCIAL POSITION) II. BALANCE SHEET LIABILITIES AND EQUITY I. DEPOSITS II. LOANS RECEIVED III. MONEY MARKET FUNDS IV. MARKETABLE SECURITIES (Net) Bills Asset backed securities Bonds V. FUNDS Borrower funds Other VI. FINANCIAL LIABILITIES AT FAIR VALUE THROUGH PROFIT OR LOSS VII. DERIVATIVE FINANCIAL LIABILITIES Derivative financial liabilities at fair value through profit or loss Derivative financial liabilities at fair value through other comprehensive income VIII. FACTORING PAYABLES IX. LEASE PAYABLES Finance lease payables Operating lease payables Other Deferred finance lease expenses ( - ) X. PROVISIONS General loan loss provisions (Filled only by banks that does not apply "TFRS 9 Impairment Model") Provision for restructuring Reserves for employee benefits Insurance technical reserves (Net) Other provisions XI. CURRENT TAX LIABILITIES XII. DEFERRED TAX LIABILITIES LIABILITIES RELATED TO NON-CURRENT ASSETS "HELD FOR SALE" AND "DISCONTINUED OPERATIONS" (Net) XIII Held for sale Related to discontinued operations XIV. SUBORDINATED DEBT Loans Other debt instruments XV. OTHER LIABILITIES ( ) XVI. SHAREHOLDERS` EQUITY Paid-in capital Capital reserves Equity share premiums Share cancellation profits Other capital reserves Other accumulated comprehensive income that will not be reclassified in profit or loss ( ) ( ) Other accumulated comprehensive income that will be reclassified in profit or loss Profit reserves Legal reserves Statutory reserves Extraordinary reserves Other profit reserves Profit or loss Prior years' profits or losses Current period net profit or loss TOTAL LIABILITIES AND EQUITY

4 BALANCE SHEET AS OF DECEMBER 31, 2018 (STATEMENT OF FINANCIAL POSITION) II. BALANCE SHEET LIABILITIES AND EQUITY Audited I. DEPOSITS Deposits from risk group of the Bank Other II. DERIVATIVE FINANCIAL LIABILITIES HELD FOR TRADING III. FUNDS BORROWED IV. MONEY MARKET BORROWINGS Interbank money markets takings Istanbul Stock Exchange money markets takings Funds provided under repurchase agreements V. SECURITIES ISSUED (Net) Bills Asset backed securities Bonds VI. FUNDS Borrower funds Other VII. SUNDRY CREDITORS VIII. OTHER LIABILITIES IX. FACTORING PAYABLES X. LEASE PAYABLES (Net) Financial lease payables Operational lease payables Others Deferred financial lease expenses ( - ) XI. DERIVATIVE FINANCIAL LIABILITIES FOR HEDGING PURPOSES Fair value hedge Cash flow hedge Hedge of net investments in foreign subsidiaries XII. PROVISIONS General provisions Restructuring provisions Reserve for employee benefits Insurance technical provisions (Net) Other provisions XIII. TAX LIABILITY Current tax liability Deferred tax liability XIV. PAYABLES RELATED TO ASSETS HELD FOR SALE AND DISCONTINUED OPERATIONS (NET) Held for sale Discontinued operations XV. SUBORDINATED LOANS XVI. SHAREHOLDERS' EQUITY ( ) Paid-in capital Capital reserves ( ) Share Premium Share cancellation profits Securities value increase fund ( ) Revaluation fund on tangible asset Revaluation fund on intangible asset Investment property revaluation differences Bonus shares obtained from associates, subsidiaries and entities under common control (joint ventures) Hedging funds (effective portion) Accumulated valuation differences from assets held for sale and discontinued operations Other capital reserves (65.980) - (65.980) 16.3 Profit reserves Legal reserves Status reserves Extraordinary reserves Other profit reserves Profit or loss Prior years income/ (losses) Current period income/ (loss) TOTAL LIABILITIES AND EQUITY

5 STATEMENT OF OFF-BALANCE COMMITMENTS FOR THE PERIOD ENDED DECEMBER 31, 2018 III. STATEMENT OF OFF-BALANCE COMMITMENTS AND CONTINGENCIES A. OFF BALANCE SHEET CONTINGENCIES AND COMMITMENTS (I+II+III) I. GUARANTEES Letters of guarantee Guarantees subject to State Tender Law Guarantees given for foreign trade operations Other letters of guarantee Bank loans Import letter of acceptance Other bank acceptances Letters of credit Documentary letters of credit Other letters of credit Prefinancing given as guarantee Endorsements Endorsements to the Central Bank of Turkey Other endorsements Securities issue purchase guarantees Factoring guarantees Other guarantees Other collaterals II. COMMITMENTS Irrevocable commitments Forward asset purchase commitments Forward deposit purchase and sales commitments Share capital commitment to associates and subsidiaries Loan granting commitments Securities underwriting commitments Commitments for reserve deposit requirements Payment commitment for checks Tax and fund liabilities from export commitments Commitments for credit card expenditure limits Commitments for promotions related with credit cards and banking activities Receivables from short sale commitments Payables for short sale commitments Other irrevocable commitments Revocable commitments Revocable loan granting commitments Other revocable commitments III. DERIVATIVE FINANCIAL INSTRUMENTS Derivative financial instruments for hedging purposes Fair value hedge Cash flow hedge Hedge of net investment in foreign operations Held for trading transactions Forward foreign currency buy/sell transactions Forward foreign currency transactions-buy Forward foreign currency transactions-sell Swap transactions related to foreign currency and interest rates Foreign currency swap-buy Foreign currency swap-sell Interest rate swaps-buy Interest rate swaps-sell Foreign currency, interest rate and securities options Foreign currency options-buy Foreign currency options-sell Interest rate options-buy Interest rate options-sell Securities options-buy Securities options-sell Foreign currency futures Foreign currency futures-buy Foreign currency futures-sell Interest rate futures Interest rate futures-buy Interest rate futures-sell Other B. CUSTODY AND PLEDGED ITEMS (IV+V+VI) IV. ITEMS HELD IN CUSTODY Assets under management Investment securities held in custody Checks received for collection Commercial notes received for collection Other assets received for collection Assets received for public offering Other items under custody Custodians V. PLEDGED ITEMS Marketable securities Guarantee notes Commodity Warranty Properties Other pledged items Pledged items-depository VI. ACCEPTED INDEPENDENT GUARANTEES AND WARRANTIES TOTAL OFF BALANCE SHEET ACCOUNTS (A+B)

6 STATEMENT OF OFF-BALANCE COMMITMENTS FOR THE PERIOD ENDED DECEMBER 31, 2018 III. STATEMENT OF OFF-BALANCE COMMITMENTS AND CONTINGENCIES Audited A. OFF BALANCE SHEET CONTINGENCIES AND COMMITMENTS (I+II+III) I. GUARANTEES Letters of guarantee Guarantees subject to State Tender Law Guarantees given for foreign trade operations Other letters of guarantee Bank loans Import letter of acceptance Other bank acceptances Letters of credit Documentary letters of credit Other letters of credit Prefinancing given as guarantee Endorsements Endorsements to the Central Bank of Turkey Other endorsements Securities issue purchase guarantees Factoring guarantees Other guarantees Other collaterals II. COMMITMENTS Irrevocable commitments Forward asset purchase commitments Forward deposit purchase and sales commitments Share capital commitment to associates and subsidiaries Loan granting commitments Securities underwriting commitments Commitments for reserve deposit requirements Payment commitment for checks Tax and fund liabilities from export commitments Commitments for credit card expenditure limits Commitments for promotions related with credit cards and banking activities Receivables from short sale commitments Payables for short sale commitments Other irrevocable commitments Revocable commitments Revocable loan granting commitments Other revocable commitments III. DERIVATIVE FINANCIAL INSTRUMENTS Derivative financial instruments for hedging purposes Fair value hedge Cash flow hedge Hedge of net investment in foreign operations Held for trading transactions Forward foreign currency buy/sell transactions Forward foreign currency transactions-buy Forward foreign currency transactions-sell Swap transactions related to foreign currency and interest rates Foreign currency swap-buy Foreign currency swap-sell Interest rate swaps-buy Interest rate swaps-sell Foreign currency, interest rate and securities options Foreign currency options-buy Foreign currency options-sell Interest rate options-buy Interest rate options-sell Securities options-buy Securities options-sell Foreign currency futures Foreign currency futures-buy Foreign currency futures-sell Interest rate futures Interest rate futures-buy Interest rate futures-sell Other B. CUSTODY AND PLEDGED ITEMS (IV+V+VI) IV. ITEMS HELD IN CUSTODY Assets under management Investment securities held in custody Checks received for collection Commercial notes received for collection Other assets received for collection Assets received for public offering Other items under custody Custodians V. PLEDGED ITEMS Marketable securities Guarantee notes Commodity Warranty Properties Other pledged items Pledged items-depository VI. ACCEPTED INDEPENDENT GUARANTEES AND WARRANTIES TOTAL OFF BALANCE SHEET ACCOUNTS (A+B)

7 INCOME STATEMENT FOR THE PERIOD ENDED DECEMBER 31, 2018 (STATEMENT OF INCOME/LOSS) IV. INCOME STATEMENT I. INTEREST INCOME Interest on loans Interest received from reserve deposits Interest received from banks Interest received from money market placements Interest received from marketable securities portfolio Held-for-trading financial assets Financial assets at fair value through profit and loss Available-for-sale financial assets Investments held-to-maturity Finance lease income Other interest income II. INTEREST EXPENSE Interest on deposits Interest on funds borrowed Interest on money market borrowings Interest on securities issued Other interest expense III. NET INTEREST INCOME (I - II) IV. NET FEES AND COMMISSIONS INCOME Fees and commissions received Non-cash loans Other Fees and commissions paid Non-cash loans Other V. PERSONNEL EXPENSES (-) VI. DIVIDEND INCOME ( ) VII. TRADING PROFIT/LOSS (Net) Profit/losses from capital market transactions Profit/losses from derivative financial transactions ( ) 7.3. Foreign exchange profit/losses VIII. OTHER OPERATING INCOME IX. GROSS PROFIT FROM OPERATING ACTIVITIES (III+IV+V+VI+VII+VIII) X. ALLOWANCES FOR EXPECTED CREDIT LOSSES (-) XI. OTHER OPERATING EXPENSES (-) XII. NET OPERATING PROFIT/LOSS (IX-X-XI) - XIII. SURPLUS WRITTEN AS GAIN AFTER MERGER - XIV. PROFIT/LOSS FROM EQUITY METHOD APPLIED SUBSIDIARIES - XV. NET MONETORY POSITION GAIN/LOSS XVI. PROFIT/LOSS BEFORE TAXES FROM CONTINUING OPERATIONS (XII+...+XV) ( ) XVII. PROVISION FOR TAXES ON INCOME FROM CONTINUING OPERATIONS (±) ( ) Current tax provision Expense effect of deferred tax (+) ( ) Income effect of deferred tax (-) XVIII. NET PROFIT/LOSS FROM CONTINUING OPERATIONS (XVI±XVII) - XIX. INCOME FROM DISCONTINUED OPERATIONS Income from assets held for sale Profit from sale of associates, subsidiaries and joint ventures Other income from discontinued operations - XX. EXPENSES FROM DISCONTINUED OPERATIONS (-) Expenses on assets held for sale Losses from sale of associates, subsidiaries and joint ventures Other expenses from discontinued operations - XXI. PROFIT/LOSS BEFORE TAXES FROM DISCONTINUED OPERATIONS (±) (XIX-XX) - XXII. TAX PROVISION FOR DISCONTINUED OPERATIONS (±) Current tax provision Expense effect of deferred tax (+) Income effect of deferred tax (-) - XXIII. NET PROFIT/LOSS FROM DISCONTINUED OPERATIONS (XXI±XXII) XXIV. NET PROFIT/LOSSES (XVIII+XXIII) Profit/Loss per share 0,07194

8 INCOME STATEMENT FOR THE PERIOD ENDED DECEMBER 31, 2018 (STATEMENT OF INCOME/LOSS) IV. INCOME STATEMENT I. INTEREST INCOME Interest on loans Interest received from reserve deposits Interest received from banks Interest received from money market placements Interest received from marketable securities portfolio Held-for-trading financial assets Financial assets at fair value through profit and loss Available-for-sale financial assets Investments held-to-maturity Finance lease income Other interest income II. INTEREST EXPENSE Interest on deposits Interest on funds borrowed Interest on money market borrowings Interest on securities issued Other interest expense III. NET INTEREST INCOME (I - II) IV. NET FEES AND COMMISSIONS INCOME Fees and commissions received Non-cash loans Other Fees and commissions paid Non-cash loans Other V. DIVIDEND INCOME VI. NET TRADING INCOME ( ) 6.1 Securities trading gains/ (losses) Gains / (losses) from financial derivatives transactions ( ) 6.3 Foreign exchange gains/ (losses) VII. OTHER OPERATING INCOME VIII. NET OPERATING INCOME (III+IV+V+VI+VII) IX. PROVISION FOR LOAN LOSSES AND OTHER RECEIVABLES (-) X. OTHER OPERATING EXPENSES (-) XI. NET OPERATING INCOME/(LOSS) (VIII-IX-X) XII. AMOUNT IN EXCESS RECORDED AS GAIN AFTER MERGER - XIII. GAIN / (LOSS) ON EQUITY METHOD - XIV. GAIN / (LOSS) ON NET MONETARY POSITION - XV. PROFIT/(LOSS) FROM CONTINUED OPERATIONS BEFORE TAXES (XI+ +XIV) XVI. TAX CHARGE FOR CONTINUED OPERATIONS (±) ( ) 16.1 Current income tax charge ( ) 16.2 Deferred tax charge / benefit 742 XVII. NET PROFIT/(LOSS) FROM CONTINUED OPERATIONS (XV±XVI) XVIII. INCOME ON DISCONTINUED OPERATIONS Income on assets held for sale Income on sale of associates, subsidiaries and entities under common control Income on other discontinued operations - XIX. LOSS FROM DISCONTINUED OPERATIONS (-) Loss from assets held for sale Loss on sale of associates, subsidiaries and entities under common control Loss from other discontinued operations - XX. PROFIT / (LOSS) ON DISCONTINUED OPERATIONS BEFORE TAXES (XVIII-XIX) - XXI. TAX CHARGE FOR DISCONTINUED OPERATIONS (±) Current income tax charge Deferred tax charge / benefit - XXII. NET PROFIT/LOSS FROM DISCONTINUED OPERATIONS (XX±XXI) - XXIII. NET PROFIT/LOSS (XVII+XXII) Earnings per share 0,04786