Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
142 İşbank
Annual Report 2015
h.5. Associates quoted on a stock exchange:
None.
h.6. Associates disposed of in the current period:
The Bank sold the stake in Avea İletişim Hizmetleri A.Ş., which represent 7.44% of Avea’s capital (the total capital amounting of TL 8,200,081) with a nominal value of TL 610,075 to
Türk Telekomünikasyon A.Ş. with amounting to TL 650,761. 6.3 % of the sales price has been paid as of August 2015 and January 2016. 93.7% of the remaining amount will be paid in
January 2017 and ending in January 2020. After the valuation, the loss amounting to TL 154,266 has occurred due to the sale.
h.7.
Associates acquired in the current period: None.
i. Information on subsidiaries (Net):
i.1. Information on equity adequacy of major subsidiaries:
Türkiye Sınai
Kalkınma Bankası A.Ş.
Insurance /
Reinsurance
Companies
İş Gayrimenkul
YatırımOrtaklığı A.Ş.
İş YatırımMenkul
Değerler A.Ş.
İş Finansal Kiralama
A.Ş.
COMMON EQUITY TIER I CAPITAL
2,480,624
1,951,199
2,790,467
715,226
519,201
Paid-in Capital to be Entitled for Compensation after All
Creditors
1,750,374
1,070,000
986,146
530,303
355,000
Share Premium
424
1,302
Legal Reserve
353,822
139,218
28,241
100,484
47,847
Other Comprehensive Income according to TAS
90,614
249,529
21,943
1,963
17,157
Net Current Period Profit/Prior Period Profit
406,845
525,447
1,753,881
82,003
137,586
Bonus Shares from Associates, Subsidiaries and Joint-
Ventures not Accounted in Current Period’s Profit
1,938
Current and prior periods' losses not covered by reserves,
and losses accounted under equity according to TAS (-)
112,928
22,090
716
Leasehold improvements on operational leases (-)
6,268
1,008
764
14,413
Goodwill and intangible assets and related deferred tax
liabilities (-)
686
9,897
168
701
24,562
Net Deferred Tax Asset/Liability (-)
1,149
Additional Tier 1 capital
Total regulatory adjustments to Additional Tier 1 capital (-)
14,846
251
1,051
36,844
TIER I CAPITAL
2,480,624
1,936,353
2,790,216
714,175
482,357
TIER 2 CAPITAL
150,329
CAPITAL
2,630,953
1,936,353
2,790,216
714,175
482,357
Total Adjustment to Capital (-)
2,112
EQUITY
2,628,841
1,936,353
2,790,216
714,175
482,357
i.2. General information on subsidiaries
(1)
:
No.
Title
Address (City/ Country)
Bank’s Share
Percentage-if Different,
Voting Rights (%)
Bank’s Risk
Group Share
Percentage (%)
1-
Anadolu Hayat Emeklilik A.Ş.
İstanbul/TURKEY
62.00
83.00
2-
Camiş Yatırım Holding A.Ş.
İstanbul/ TURKEY
99.97
100.00
3-
Joint Stock Company İşbank
Moscow/RUSSIA
100.00
100.00
4-
Joint Stock Company İşbank Georgia
Tbilisi/GEORGIA
100.00
100.00
5-
İş Finansal Kiralama A.Ş.
İstanbul/ TURKEY
27.79
57.39
6-
İş Gayrimenkul Yatırım Ortaklığı A.Ş.
İstanbul/ TURKEY
42.23
58.04
7-
İş Merkezleri Yönetim ve İşletim A.Ş.
İstanbul/ TURKEY
86.33
100.00
8-
İş Net Elektronik Bilgi Üretim Dağıtım Ticaret ve İletişim Hizmetleri A.Ş.
İstanbul/ TURKEY
94.65
100.00
9-
İş YatırımMenkul Değerler A.Ş.
İstanbul/ TURKEY
65.65
70.69
10-
İşbank AG
Frankfurt-Main/GERMANY
100.00
100.00
11-
Kültür Yayınları İş-Türk A.Ş.
İstanbul/ TURKEY
99.17
100.00
12-
Milli Reasürans T.A.Ş.
İstanbul/ TURKEY
76.64
77.06
13-
Nemtaş Nemrut Liman İşletmeleri A.Ş.
İzmir/ TURKEY
99.81
100.00
14-
Trakya Yatırım Holding A.Ş.
İstanbul/ TURKEY
65.34
100.00
15-
Türkiye Sınai Kalkınma Bankası A.Ş.
İstanbul/ TURKEY
40.52
50.00
16-
Türkiye Şişe ve Cam Fabrikaları A.Ş.
İstanbul/ TURKEY
65.47
73.75
(1)
Within the resolution of the Board of Directors of the Bank dated 25 December 2015, the purchased free float shares of listed subsidiaries namely; T. Şişe ve Cam Fabrikaları A.Ş., Türkiye Sınai Kalkınma Bankası A.Ş.,
Anadolu Hayat Emeklilik A.Ş., İş Finansal Kiralama A.Ş., İş Gayrimenkul Yatırım Ortaklığı A.Ş. and İş YatırımMenkul Değerler A.Ş., which are booked under “Financial Assets Held For Trading” account are not included.
