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İş Bankası
Annual Report 2013
Financial Information and Risk Management
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements
for the Year Ended 31 December 2013
m.3. The capital increase made in current period: None.
m.4. Information on capital increase through transfer from capital reserves during the current period: None.
m.5. Significant commitments of the Bank related to capital expenditures within the last year and the following quarter, the
general purpose thereof, and the estimation of funds required for them: There are no capital commitments.
m.6. Information regarding the shares of the company acquired; Bank and included in the Bank did not acquired their own share.
m.7. Previous periods’ indicators related to income, profitability and liquidity, and the estimated effects of forecasts, which are
to be made by taking into consideration the uncertainties of these indicators, on the Bank’s equity: The Bank’s balance sheet is
managed in a prudent way to ensure that the effect of risks arising from interest rates, exchange rates and loans is at the lowest
level. This contributes to the development of the Bank’s income within a regularly increasing trend.
m.8. Privileges Granted to Shares:
Turkish Commercial Law and related legislation are kept conditionally;
Group (A) shares each with a nominal value of 1 Kurus have the privileges of;
• Receiving 20 times the number of shares in the distribution of bonus shares issued from conversion of extraordinary and
revaluation reserves generated in accordance with the relevant laws (Article 18 of the Articles of Incorporation)
• Exercising the preference rights as 20 times (Article 19 of the Articles of Incorporation), and
• 20 voting rights (Article 49 of the Articles of Incorporation)
Despite having a lower nominal value, Group (B) shares, each with a nominal value of 1 Kurus, have the same rights with the Group
(C) shares having a nominal value of 4 Kurus each. Furthermore, Group (A) and (B) shares, each with a nominal value of 1 Kurus, are
granted privileges in distribution of profits pursuant to Article 58 of the Articles of Incorporation.
m.9. Information on marketable securities value increase fund:
Current Period
Prior Period
TL
FC
TL
FC
Associates, Subsidiaries and Jointly Controlled Entities
2,618,616
2,726,362
Valuation Difference
2,618,616
2,726,362
Foreign Exchange Differences
Financial Assets Available for Sale
(590,142)
(42,776)
537,734
440,491
Valuation Difference
(737,510)
(42,776)
672,166
440,491
Deferred Tax Effect on Valuation
147,368
(134,432)
Foreign Exchange Differences
Total
2,028,474
(42,776)
3,264,096
440,491
III. Disclosures and Footnotes on Off Balance Sheet Items
A.
Explanations to Liabilities Related to Off-Balance Sheet Items:
a.1. Types and amounts of irrevocable loan commitments:
Commitment for customer credit card limits amounts to TL 17,679,967 and commitment to pay for cheque leaves amounts to
TL 6,024,383. The amount of commitment for the forward purchase of assets is TL 1,735,933 and for the forward sale of assets is
TL 1,741,218.
