Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
150 İşbank
Annual Report 2015
m. Information on shareholders’ equity:
m.1. Presentation of paid-in capital:
Current Period
Prior Period
Common shares
4,499,970
4,499,970
Preferred shares
30
30
Total
4,500,000
4,500,000
m.2. Explanation as to whether the registered share capital system ceiling is applicable at the Bank, if so, the amount of registered share capital:
Capital System
Paid-in Capital
Ceiling
Registered Capital System
4,500,000
10,000,000
m.3. The capital increase made in current period:
None.
m.4. Information on capital increase through transfer from capital reserves during the current period:
None.
m.5. Significant commitments of the Bank related to capital expenditures within the last year and the following quarter, the general purpose thereof, and the estimation of funds
required for them:
There are no capital commitments.
m.6.
Information regarding the shares of the company acquired; Bank and included in the Bank did not acquired their own share.
m.7. Previous periods’ indicators related to income, profitability and liquidity, and the estimated effects of forecasts, which are to be made by taking into consideration the
uncertainties of these indicators, on the Bank’s equity:
The Bank’s balance sheet is managed in a prudent way to ensure that the effect of risks arising from interest rates, exchange
rates and loans is at the lowest level.
m.8. Privileges Granted to Shares:
Turkish Commercial Law and related registration are kept conditionally;
Group (A) shares each with a nominal value of 1 Kurus have the privileges of;
- Receiving 20 times the number of shares in the distribution of bonus shares issued from conversion of extraordinary and revaluation reserves generated in accordance with the
relevant laws (Article 18 of the Articles of Incorporation)
- Exercising the preference rights as 20 times (Article 19 of the Articles of Incorporation), and Despite having a lower nominal value, Group (B) shares, each with a nominal value of
1 Kurus, have the same rights with the Group (C) shares having a nominal value of 4 Kurus each. Furthermore, Group (A) and (B) shares, each with a nominal value of 1 Kurus, are
granted privileges in distribution of profits pursuant to Article 58 of the Articles of Incorporation.
m.9. Information on marketable securities value increase fund:
Current Period
Prior Period
TL
FC
TL
FC
Associates, Subsidiaries and Jointly Controlled Entities
3,991,260
4,054,349
Valuation Difference
3,991,260
4,054,349
Foreign Exchange Differences
Financial Assets Available for Sale
(1,008,686)
55,523
569,417
328,710
Valuation Difference
(1,260,735)
78,077
711,857
328,710
Deferred Tax Effect on Valuation
252,049
(22,554)
(142,440)
Foreign Exchange Differences
Total
2,982,574
55,523
4,623,766
328,710
III. DISCLOSURES AND FOOTNOTES ON OFF BALANCE SHEET ITEMS
a. Explanations to Liabilities Related to Off-Balance Sheet Items:
a.1. Types and amounts of irrevocable loan commitments:
Commitment for customer credit card limits amounts to TL 21,219,999 and commitment to pay for cheque leaves amounts to TL 5,654,056. The amount of commitment for the
forward purchase of assets is TL 1,580,424 and for the forward sale of assets is TL 1,581,277.
a.2. The structure and amount of probable losses and commitments resulting from off-balance sheet items, including those below:
As at 31 December 2015, the Bank’s provisions for indemnified non-cash loans balance is TL 80,560 (31 December 2014: TL 66,882) which is allocated for the non-cash loans of
companies whose loans are followed under “Non-performing Loans” accounts. Commitments are shown in the table of “off-balance sheet items”.
a.3. Guarantees, bank acceptances, collaterals that qualify as financial guarantees, and non-cash loans including other letters of credit:
Current Period
Prior Period
Bank Acceptances
936,553
1,229,731
Letters of Credit
10,254,835
7,206,401
Other Guarantees
909,458
764,097
Total
12,100,846
9,200,229
