227
Financial Information and Risk Management
Türkiye İş Bankası A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2015
j. Information regarding finance lease receivables (Net):
j.1. Presentation of finance lease receivables according to their remaining maturities:
Current Period
Prior Period
Gross
Net
Gross
Net
Less than 1 Year
1,347,009
1,130,367
1,068,829
871.318
1-4 Years
2,053,299
1,814,162
1,748,018
1.508.504
More than 4 Years
279,698
252,006
402,154
364.025
Total
3,680,006
3,196,535
3,219,001
2.743.847
j.2. Information regarding net investments made on finance lease:
Current Period
Prior Period
Gross Finance Lease Investment
3,680,006
3,219,001
Unearned Finance Revenue from Finance Lease (-)
483,471
475,154
Net Finance Lease Investment
3,196,535
2,743,847
j.3. Presentation of operating lease receivables according to their remaining maturities:
As at 31 December 2015, the remaining maturities of the Group’s operating lease receivable is less than 1 year the total amount is TL 2,776. (31 December 2014: TL 2,352).
k. Explanations on derivative financial assets held for risk management:
k.1.
Positive differences on derivative financial instruments held for hedging purposes
Current Period
Prior Period
TL
FC
TL
FC
Fair Value Hedges
4,093
Cash Flow Hedges
Net Foreign Investments Hedges
Total
As at 31 December 2015, the face values and the net fair values, recognized in the balance sheet, of the derivative financial instruments held for risk management purposes, are
summarized below:
Current Period
Prior Period
Face Value
Asset
Liability
Face Value
Asset
Liability
Interest Rate Swaps
4,689,900
4,093
5,799
FC
4,689,900
4,093
5,799
TL
k.2. Information on fair value hedge accounting:
Current Period:
Hedging Item
Hedged Item Type of Risk
Fair Value Change of
Hedged Item
(1)
Fair Value of
Hedging Instrument
(1)
Income St
Effect (Profit/
Loss Through
Derivative
Financial
Instruments)
Asset
Liability
Interest Rate Swap Transactions
Fixed Rate Issued Eurobond
Interest Rate Risk
3,814
5,980
(2,166)
Interest Rate Swap Transactions
Fixed Rate Loans Used
Interest Rate Risk
376
1,461
(1,085)
(1)
The fair value of hedged item and hedging instrument are presented as net market value excluding credit risk and accumulated interest.
Prior Period: None
