Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
151
Financial Information and Risk Management
a.4. Certain guarantees, tentative guarantees, suretyships and similar transactions:
Current Period
Prior Period
Letters of Tentative Guarantees
746,541
930,188
Letters of Certain Guarantees
25,973,399
23,022,561
Letters of Advance Guarantees
5,120,046
4,670,054
Letters of guarantee given to customs offices
3,458,505
3,182,599
Other Letters of Guarantee
3,241,529
1,809,542
Total
38,540,020
33,614,944
a.5. Total Non-cash Loans:
Current Period
Prior Period
Non-cash Loans against Cash Risks
3,212,584
1,786,200
With Original Maturity of 1 Year or Less
592,297
295,850
With Original Maturity More Than 1 Year
2,620,287
1,490,350
Other Non-cash Loans
47,428,282
41,028,973
Total
50,640,866
42,815,173
a.6. Sectoral Risk Concentration of Non-cash Loans:
Current Period
Prior Period
TL
(%)
FC
(%)
TL
(%)
FC
(%)
Agriculture
124,685
0.62
13,461
0.04
127,054
0.72
26,285
0.10
Farming and Stockbreeding
92,128
0.46
13,461
0.04
76,665
0.43
22,572
0.09
Forestry
30,084
0.15
45,469
0.26
3,713
0.01
Fishery
2,473
0.01
4,920
0.03
Industry
5,810,578
28.79 15,643,616
51.36
5,323,193
30.14 13,230,919
52.61
Mining and Quarrying
144,703
0.72
178,385
0.59
142,933
0.81
256,359
1.02
Manufacturing
3,305,348
16.38 11,729,859
38.51
3,275,783
18.55
8,806,584
35.02
Electricity, Gas, Water
2,360,527
11.69
3,735,372
12.26
1,904,477
10.78
4,167,976
16.57
Construction
3,072,322
15.22
4,476,973
14.70
2,477,331
14.02
3,812,760
15.16
Services
10,911,015
54.07
7,896,054
25.92
9,517,990
53.88 6,488,950
25.80
Wholesale and Retail Trade
7,519,160
37.26
3,395,193
11.15
6,318,326
35.77
2,386,672
9.49
Hotel and Restaurant Services
183,568
0.91
60,889
0.20
183,263
1.04
52,590
0.21
Transportation and Communication
759,817
3.77
1,424,829
4.68
645,985
3.66
1,188,095
4.72
Financial Institutions
1,354,221
6.71
2,145,145
7.04
976,860
5.53
2,079,361
8.27
Real Estate and Rental Services
582,059
2.88
521,558
1.71
913,375
5.17
469,468
1.87
Self-Employed Services
401,663
1.99
199,825
0.66
382,016
2.16
166,208
0.66
Educational Services
28,711
0.14
3,735
0.01
26,837
0.15
2,103
0.01
Health and Social Services
81,816
0.41
144,880
0.48
71,328
0.40
144,453
0.57
Others
262,725
1.30
2,429,437
7.98
218,593
1.24 1,592,098
6.33
Total
20,181,325
100 30,459,541
100 17,664,161
100 25,151,012
100
a.7. Non-cash Loans classified under Group I and Group II:
Group I
Group II
TL
FC
TL
FC
Non-cash Loans
20,028,967
30,319,129
152,358
140,412
Letters of Guarantee
20,015,178
18,241,231
152,358
131,253
Bank Acceptances
4,821
929,161
2,571
Letters of Credit
5,655
10,242,592
6,588
Endorsements
Underwriting Commitments of the Securities Issued
Factoring Related Guarantees
Other Guaranties and Warranties
3,313
906,145
b. Explanation on Derivative Financial Instruments:
Majority of the Bank’s derivative transactions comprise foreign currency and interest rate swaps, forward foreign exchange trading, currency and interest rate options. Even though
some derivative transactions economically provide risk hedging, since all necessary conditions to be defined as items suitable for financial risk hedging accounting are not met, they
are recognized as “held for trading purposes” within the framework of TAS 39 “Financial Instruments: Recognition and Measurement”.
