Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
152 İşbank
Annual Report 2015
c. Explanation Related to Contingencies and Commitments:
As of 31 December 2015, balance of the “Other Irrevocable Commitments” account, which comprised the letters of guarantees, guarantees and commitments submitted by the Bank
pursuant to its own internal affairs, and guarantees given to third parties by other institutions in favor of the Bank and the commitments due to housing loans extended within the
scope of unfinished house projects followed, amounts to TL 3,899,902.
As of 31 December 2014 liability of the Bank regarding the cheques given to customers is presented under off balance sheet commitments, as per the related regulations is
amounting to TL 5,654,056. In case the cheques presented for payment to beneficiaries are not covered, the Bank will be obliged to pay the uncovered amount up to TL 740 (full
amount expressed) for the cheques that are subject to the Law numbered 3167 on “the Regulation of Payments by Cheque and Protection of Cheque Holders”, and up to TL 1,290 (full
amount) for the cheques that are subject to the “Cheque Law” numbered 5941. The uncollected amount will be followed under “Indemnified Non-Cash Loans”.
d. Information related to transactions made on behalf of or on the account of others:
It is explained in Note XV under Section Four.
IV. DISCLOSURES AND FOOTNOTES ON STATEMENT OF INCOME
a. Interest Income
a.1. Information on interest income on loans:
Current Period
Prior Period
TL
FC
TL
FC
Interest Income on Loans
(1)
Short-term Loans
3,879,664
248,559
3,494,839
248,749
Medium and Long-term Loans
8,540,810
2,889,282
6,592,981
2,196,010
Interest on Non-performing Loans
129,791
167,205
Premiums Received from State Resource Utilization Support Fund
Total
12,550,265
3,137,841
10,255,025
2,444,759
(1)
Includes fee and commission income on cash loans
a.2. Information on interest income on banks:
Current Period
Prior Period
TL
FC
TL
FC
The Central Bank of Turkey
Domestic Banks
2,169
430
2,252
817
Foreign Banks
4,261
10,370
3,988
7,980
Foreign Head Offices and Branches
Total
6,430
10,800
6,240
8,797
a.3. Information on interest income from securities:
Current Period
Prior Period
TL
FC
TL
FC
Financial Assets Held for Trading
28,392
39
62,401
201
Financial Assets at Fair Value through Profit and Loss
Financial Assets Available for Sale
2,910,239
385,004
2,335,967
273.839
Held to Maturity Investments
85,905
1,029
673,272
461
Total
3,024,536
386,072
3,071,640
274.501
a.4. Information on interest income received from associates and subsidiaries:
Current Period
Prior Period
Interest Income from Associates and Subsidiaries
93,777
78,157
b. Interest Expense
b.1. Information on interest expense from funds borrowed:
Current Period
Prior Period
TL
FC
TL
FC
Banks
278,699
363,264
196,867
216,978
Central Bank of Turkey
156
70
Domestic Banks
18,579
7,027
19,195
8,899
Foreign Banks
260,120
356,081
177,672
208,009
Foreign Head Offices and Branches
Other Institutions
112,889
68,649
Total
(1)
278,699
476,153
196,867
285,627
(1)
Includes fee and commission expenses from cash loans.
