155
Financial Information and Risk
Management
İş Bankası
Annual Report 2013
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2013
SECTION FIVE: EXPLANATIONS AND FOOTNOTES TO THE UNCONSOLIDATED FINANCIAL STATEMENTS
I. Disclosures and Footnotes on Assets
a.
Cash and Central Bank of Turkey:
a.1. Information on cash and balances with the Central Bank of Turkey:
Current Period
Prior Period
TL
FC
TL
FC
Cash in TL/Foreign Currency
1,338,201
814,128 1,063,603
594,193
Central Bank of Turkey
3,884,914 16,922,804
1,530,312 12,668,939
Other
67,488
98,799
Total
5,223,115 17,804,420 2,593,915 13,361,931
a.2. Information on balances with the Central Bank of Turkey:
Current Period
Prior Period
TL
FC
TL
FC
Unrestricted Demand Deposit
3,884,914
2,116,423
1,530,312
1,437,666
Unrestricted Time Deposit
Restricted Time Deposit
Other
(1)
14,806,381
11,231,273
Total
3,884,914 16,922,804 1,530,312 12,668,939
(1)
The amount of reserve deposits held at the Central Bank of Turkey.
a.3. Information on reserve requirements:
As per the Communiqué no. 2013/15 “Reserve Deposits” of the Central Bank of Turkey (CBT), banks keep reserve deposits at the CBT
for their TL and FC liabilities mentioned in the communiqué. The reserve deposit rates vary according to their maturity compositions;
the reserve deposit rates are realized between 5%-11.5% for TL deposits and other liabilities, between 9%-13% for FC deposits
and between 6%-13% for other FC liabilities. Reserves are calculated and set aside every two weeks on Friday for 14-day periods. In
accordance with the related communiqué, The Central Bank of Turkey isn’t paid interest for reserve requirements.
b.
Information on Financial Assets at Fair Value through Profit and Loss:
b.1. Financial Assets at fair value through profit and loss, which are given as collateral or blocked:
Financial assets at fair value through profit and loss, which are given as collateral or blocked as of 31 December 2013 are amounting
to TL 54 (31 December 2012: TL 97).
b.2. Financial assets at fair value through profit and loss, which are subject to repurchase agreements:
Financial assets at fair value through profit and loss, which are subject to repurchase agreements as of 31 December 2013 are
amounting to TL 816,339 (31 December 2012: TL 717,170).
c.
Positive differences on derivative financial assets held for trading:
Current Period
Prior Period
TL
FC
TL
FC
Forward Transactions
1,577
115,890
64,342
10,695
Swap Transactions
27,319
1,050,468
77,827
424,280
Futures
Options
3,572
113,747
6,279
32,731
Other
2,509
Total
32,468 1,280,105
148,448
470,215
