248 İşbank
Annual Report 2015
Financial Highlights and Key Ratios for the
Five-Year Period
Unconsolidated - Financial Highlights and Key Ratios for the Five-Year Period
ASSETS (TL thousand)
2011/12
2012/12
2013/12
2014/12
2015/12
Cash and Equivalents
1,231,464
1,756,595
2,219,817
2,557,158
2,844,408
Banks and Receivables from Interbank Money Markets
(1)
14,802,918
15,634,097
22,335,328
23,442,769
30,325,618
Securities (Net)
42,778,027
38,054,734
36,866,263
40,856,011
44,780,864
Loans
(2)
91,620,638
106,715,770
134,843,374
155,315,498
177,036,620
Associates and Subsidiaries (Net)
6,275,017
7,699,954
7,760,771
9,624,972
9,393,597
Fixed Assets (Net)
1,983,314
1,998,785
2,090,204
2,236,258
4,747,116
Other Assets
2,977,126
3,584,515
4,384,280
3,739,309
6,589,361
Total Assets
161,668,504
175,444,450
210,500,037
237,771,975
275,717,584
LIABILITIES (TL thousand)
2011/12
2012/12
2013/12
2014/12
2015/12
Deposits
98,313,134
105,383,434
120,974,765
133,551,191
153,802,426
Funds Borrowed and Interbank Money Market Placements
(3)
34,390,699
32,435,220
49,917,741
58,787,820
72,305,908
Provisions
4,204,926
5,380,105
5,842,456
6,450,399
7,093,746
Other Liabilities
6,838,381
9,526,646
10,185,958
9,671,498
10,480,514
Shareholders’ Equity
17,921,364
22,719,045
23,579,117
29,311,067
32,034,990
Total Liabilities
161,668,504
175,444,450
210,500,037
237,771,975
275,717,584
INCOME STATEMENT
(4)
(TL thousand)
2011/12
2012/12
2013/12
2014/12
2015/12
Interest Income
10,898,384
13,390,415
13,460,682
16,085,908
19,200,361
Interest Expenses
6,336,584
7,462,498
6,805,252
8,631,691
10,214,805
Net Interest Income
4,561,800
5,927,917
6,655,430
7,454,217
8,985,556
Net Trading Income
306,073
590,390
223,266
184,866
(868,620)
Net Fees and Commissions Income
1,428,583
1,706,227
1,919,086
2,003,778
2,388,802
Dividend Income
555,702
417,703
450,312
594,982
554,940
Other Operating Income
1,311,114
1,172,144
1,038,142
1,011,812
1,108,588
Total Operating Income
8,163,272
9,814,381
10,286,236
11,249,655
12,169,266
Operating Expenses
3,481,199
4,484,306
4,962,519
5,695,413
6,327,389
NET OPERATING PROFIT/LOSS
4,682,073
5,330,075
5,323,717
5,554,242
5,841,877
Provision for Losses on Loans and Other Receivables
1,383,793
1,209,122
1,467,018
1,323,174
2,058,180
PROFIT/(LOSS) BEFORE TAXES
3,298,280
4,120,953
3,856,699
4,231,068
3,783,697
Provision for Taxes
630,793
810,646
693,334
848,626
701,006
NET PERIOD PROFIT/(LOSS)
2,667,487
3,310,307
3,163,365
3,382,442
3,082,691
KEY RATIOS (%)
2011/12
2012/12
2013/12
2014/12
2015/12
Interest Earning Assets
(5)
/ Total Assets
92.3
91.4
92.2
92.3
91.3
Interest Earning Assets
(5)
/ Interest Bearing Liabilities
112.4
116.4
113.5
114.2
111.4
Securities / Total Assets
26.5
21.7
17.5
17.2
16.2
Loans / Total Assets
56.7
60.8
64.1
65.3
64.2
Loans / Deposits
93.2
101.3
111.5
116.3
115.1
Retail Loans / Total Loans
27.8
28.6
28.5
27.3
26.4
NPL Ratio
2.1
1.9
1.6
1.5
2.0
Coverage Ratio
100.0
78.9
80.4
76.9
75.1
Demand Deposits / Total Deposits
18.9
19.9
21.2
22.0
22.6
Shareholders’ Equity / Total Liabilities
11.1
12.9
11.2
12.3
11.6
Capital Adequacy Standard Ratio
14.1
16.3
14.4
16.0
15.6
Return on Average Assets
(6)
1.8
2.0
1.6
1.5
1.2
Return on Average Equity
(6)
15.2
16.5
13.7
13.1
10.4
Cost / Income
42.6
45.7
48.2
50.6
52.0
OTHER INFORMATION (TL thousand)
2011/12
2012/12
2013/12
2014/12
2015/12
Regulatory Capital
18,631,132
24,739,690
27,689,806
35,255,300
37,766,807
Core Capital
17,182,647
19,765,885
22,264,891
29,929,906
32,380,827
Free Capital
(7)
12,117,791
16,099,351
17,070,498
21,137,787
21,723,275
Demand Deposits
18,626,781
20,946,735
25,623,095
29,431,107
34,683,265
(1)
Includes Deposits at the Central Bank and Reserve Requirements
(2)
Excludes Receivables under Follow-up
(3)
Includes TRY, FC bond issuances and subordinated debts
(4)
Fees and Commissions Received from Cash Loans are shown under Interest Income; Fees and Commissions Paid to Cash Loans are shown under Interest Expense.
(5)
Interest Earning Assets include TRY and FC reserves at Central Bank, which are currently paid 0% interest.
(6)
Averages are calculated over quarter figures.
(7)
Free Equity = Shareholders’ Equity - (Fixed Assets+Non-Financial Associates and Subsidiaries+Receivables Under Follow-Up-Specific Provisions)
