Main Page Contact Türkçe

Auditors’ Report

TO THE GENERAL ASSEMBLY OF TÜRKİYE İŞ BANKASI A.Ş.

İSTANBUL

The operations, accounts and records of Türkiye İş Bankası A.Ş. for the year 2009 have been examined, the explanations of the Bank executives have been assessed and it is concluded that operations have been conducted in conformity with the rules and regulations while the balance sheet and income statement are in conformity with accounting records.

The main balance sheet items as well as the profit of the Bank as of December 31st 2009, compared to the previous year, are presented below.

(TL thousand) 31.12.2009 31.12.2008

Cash and Central Bank of Turkey
Banks
Financial Assets Available for Sale
Loans
Participations and Subsidiaries
Investments Held to Maturity
Tangible and Intangible Assets
Deposits
Money Market Funds
Funds Borrowed
Provisions
Shareholders’ Equity
Profit/Loss

8,759,973
8,432,564
25,980,621
48,334,786
5,031,079
12,929,454
1,894,746
72,177,063
10,983,878
9,743,859
3,493,802
13,493,528
2,372,407

11,836,821
6,788,148
21,250,457
47,610,332
3,095,507
3,461,854
1,935,146
63,539,185
7,006,556
11,033,237
3,099,532
9,449,011
1,509,408

 

The Board of Directors has prepared the proposal for the distribution of profit in accordance with the Bank’s Articles of Incorporation and the related legislation.

We respectfully request your approval of the Balance Sheet and Profit/Loss Account for 2009.

Sincerely,

Auditor
Prof. Dr. Turkay Berksoy		 Auditor
A. Taciser Bayer