Türkiye İş Bankası A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2015
154 İşbank
Annual Report 2015
f. Information on provision for loans and other receivables:
Current Period
Prior Period
Specific Provisions for Loans and Other Receivables
1,415,417
914,617
Group III Loans and Receivables
125,320
82,938
Group IV Loans and Receivables
456,664
257,961
Group V Loans and Receivables
833,433
573,718
General Loan Provision Expenses(1)
530,657
356,384
Provision Expenses for Potential Risks
Impairment Losses on Marketable Securities
2,308
3
Financial Assets at Fair Value through Profit and Loss
2,308
3
Financial Assets Available for Sale
Impairment Losses on Investments in Associates, Subsidiaries, Jointly Controlled Entities and Held to Maturity Investments
Associates
Subsidiaries
Jointly Controlled Entities
Held to Maturity Investments
Others
109,798
52,170
Total
2,058,180
1,323,174
g. Other operating expenses:
Current Period
Prior Period
Personnel Expenses
(1)
2,587,865
2,456,179
Reserve for Employee Termination Benefits
51,829
49,744
Bank Pension Fund Deficit Provisions
277,495
122,568
Impairment Losses on Tangible Assets
6,483
Depreciation Expenses of Tangible Assets
210,360
217,479
Impairment Losses on Intangible Assets
Impairment Losses on Goodwill
Amortization Expenses of Intangible Assets
177,583
117,555
Impairment Losses on Equity Accounted Investments
Impairment Losses on Assets to be Disposed
3,254
2,566
Depreciation Expenses of Assets to be Disposed
5,669
6,124
Impairment Losses on Assets Held for Sale
Other Operating Expenses
1,835,390
1,644,527
Operational Lease Related Expenses
331,521
274,117
Repair and Maintenance Expenses
88,064
22,018
Advertisement Expenses
(2)
177,520
180,896
Other Expenses
(2)
1,238,285
1,167,496
Loss on Sale of Assets
(3)
158,555
272,908
Other
(4)
1,012,906
805,763
Total
6,327,389
5,695,413
(1)
”According to“TAS 19-Employee Benefits”, it includes provision for the payments that will be made to employees such as dividend distribution etc.
(2)
In the current period, TL 32,062 of the related item is due to the expenses of Bank’s donation, aid and social responsibility (31 December 2014 :27,242)
(3)
In the current period, TL 154,266 of the related item includes the loss on the sale of Bank’s stake in Avea İletişim Hizmetleri A.Ş. to Türk Telekomünikasyon A.Ş. with installments.
(4)
In the current period TL 242,081 of the related item is due to the expenses incurred as a result of the return of the loan commission income recognised in prior years, TL 82,583 is
due to the administrative fine which was paid to the Custom and Trade Ministry, detailed in the Section Five II-i.5.5 and TL 204,279 is due to taxes, duties, charges and funds.
h. Information on Profit/Loss before taxes including Profit/Loss from Continuing and Discontinued Operations
The Bank’s profit before tax is generated from its continuing operations. The profit before tax consists of net interest income of TL 8,985,556, net fee and commission income of TL
2,388,802 and the other operation expenses amount to TL 6,327,389.
i. Information on provision for taxes from continuing and discontinued operations
As of 31 December 2015 the amount of the Bank’s tax provision is TL 701,006 and the amount consists of current tax expense that is amounting to TL 392,150 and consists of
deferred tax income amounting TL 308,856.
j. Information on Net Operating Profit/Loss after Taxes Including Net Profit/Loss from Continuing and Discontinued Operations:
The Bank’s net profit generated from its continuing operations amounts to TL 3,082,691.
k. Information on net period profit/loss:
k.1. Income and expenses resulting from ordinary banking activities:
There is no specific issue required to be disclosed for the Bank’s performance for the year between 1 January 2015
– 31 December 2015.
k.2. Effects of changes in accounting estimates on the current and future periods’ profit/loss:
There is no issue to be disclosed.
k.3.
‘‘The other’’ itemwhich is located at the bottom of received fees and commissions in the income statement consist of various fees and commissions received from transactions
such as credit card transactions, capital market transactions.
