Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
134 İşbank
Annual Report 2015
SECTION FIVE: EXPLANATIONS AND FOOTNOTES TO THE UNCONSOLIDATED FINANCIAL STATEMENTS
I. DISCLOSURES AND FOOTNOTES ON ASSETS
a. Cash and Central Bank of Turkey:
a.1. Information on balances with the Central Bank of Turkey:
Current Period
Prior Period
TL
FC
TL
FC
Cash in TL / Foreign Currency
1,875,166
766,653
1,623,807
877,935
Central Bank of Turkey
1,413,213
27,394,904
3,106,863
18,942,685
Other
202,589
55,416
Total
3,288,379
28,364,146
4,730,670
19,876,036
a.2. Information on balances with the Central Bank of Turkey:
Current Period
Prior Period
TL
FC
TL
FC
Unrestricted Demand Deposit
1.413.213
3.535.218
3.106.863
2.624.020
Unrestricted Time Deposit
Restricted Time Deposit
Other
(1)
23.859.686
16.318.665
Total
1.413.213
27.394.904
3.106.863
18.942.685
(1)
The amount of reserve deposits held at the Central Bank of Turkey.
a.3. Information on reserve requirements:
As per the Communiqué no. 2013/15 “Reserve Deposits” of the Central Bank of the Republic of Turkey (“CBRT”), banks keep reserve deposits at the CBRT for their TL and FC liabilities
mentioned in the communiqué. The reserve deposit rates vary according to their maturity compositions; the reserve deposit rates are realized between 5% - 11.5% for TL deposits
and other liabilities, between 9% - 13% for FC deposits and between 5% - 25% for other FC liabilities. Reserves are calculated and set aside every two weeks on Friday for 14-day
periods. In accordance with the related communiqué, CBRT pays interests TL and USD reserves.
b. Information on Financial Assets at Fair Value through Profit and Loss:
b.1. Financial Assets at fair value through profit and loss, which are given as collateral or blocked:
As of 31 December 2015 and 31 December 2014, there are no financial assets at fair
value through profit and loss, which are given as collateral or blocked.
b.2. Financial assets at fair value through profit and loss, which are subject to repurchase agreements:
Financial assets at fair value through profit and loss, which are subject to repurchase agreements as at 31 December 2015 are amounting to TL 255,487 (31 December 2014: TL
239,432).
c. Positive Differences on Derivative Financial Assets Held for Trading:
Current Period
Prior Period
TL
FC
TL
FC
Forward Transactions
26,102
42,347
26,075
30,175
Swap Transactions
97,633
1,037,301
155,057
701,999
Futures
Options
857
23,580
1,947
44,780
Other
35,605
13,276
Total
124,592
1,138,833
183,079
790,230
