241
Financial Information and Risk
Management
İş Bankası
Annual Report 2013
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2013
Information on currency risk:
EUR
USD Other FC
Total
Current Period
Assets
Cash (Cash in Vault, Foreign Currency Cash, Money in Transit, Cheques
Purchased) and Balances with the Central Bank of Turkey
6,992,552 7,911,155 3,240,266 18,143,973
Banks
1,618,821 2,672,397
416,290 4,707,508
Financial Assets at Fair Value through Profit/Loss
(1)
172,886 396,182
569,068
Money Market Placements
Financial Assets Available for Sale
776,453 6,431,522
33,243 7,241,218
Loans
(2)
21,525,420 39,586,783 1,597,565 62,709,768
Investments in Associates, Subsidiaries and Jointly Controlled Entities (Joint
Ventures)
238
238
Held to Maturity Investments
7,561
2,115
6,021
15,697
Derivative Financial Assets Held for Risk Management
Tangible Assets
(1)
47,158
50
47,437
94,645
Intangible Assets
(1)
Other Assets
(1)
1,530,132 1,822,067
116,455 3,468,654
Total Assets
32,671,221 58,822,271 5,457,277 96,950,769
Liabilities
Bank Deposits
1,411,064 1,148,016 339,250 2,898,330
Foreign Currency Deposits
(3)
24,704,534 23,425,398 5,449,786 53,579,718
Money Market Funds
227,748 3,932,612
16,117 4,176,477
Funds Provided from Other Financial Inst.
(4)
10,590,978 13,678,714
1,754 24,271,446
Marketable Securities Issued
(5)
7,926,657
7,926,657
Miscellaneous Payables
214,815 438,145
48,897
701,857
Derivative Financial Liabilities Held for Risk Management
Other Liabilities
(1) (6)
1,424,579 2,742,682
137,705 4,304,966
Total Liabilities
38,573,718 53,292,224 5,993,509 97,859,451
Net On Balance Sheet Position
(5,902,497)
5,530,047 (536,232)
(908,682)
Net Off Balance Sheet Position
3,479,654 (5,174,532)
350,310 (1,344,568)
Derivative Financial Assets
(7)
11,948,934 9,719,624 2,597,446 24,266,004
Derivative Financial Liabilities
(7)
8,469,280 14,894,156 2,247,136 25,610,572
Non-Cash Loans
7,803,123 14,950,534 906,332 23,659,989
Prior Period
Total Assets
22,671,583 44,600,626 4,817,082 72,089,291
Total Liabilities
26,469,546 39,703,005 4,817,594 70,990,145
Net Balance Sheet Position
(3,797,963)
4,897,621
(512)
1,099,146
Net Off Balance Sheet Position
1,930,232 (2,942,156)
611,363 (400,561)
Derivative Financial Assets
5,798,988 7,213,488 2,593,562 15,606,038
Derivative Financial Liabilities
3,868,756 10,155,644 1,982,199 16,006,599
Non-Cash Loans
5,482,923 11,003,204 702,973 17,189,100
(1)
In accordance with the principles of the “Regulation on Measurement and Practices of Banks’ Net Overall FC Position/Shareholders’ Equity Ratio on a Consolidated and
Unconsolidated Basis”, Derivative Financial Instruments Foreign Currency Income Accruals (TL 724,735), Operating Lease Development Costs (TL 4,659), Deferred Tax
Asset (TL 8,538), Prepaid Expenses and Taxes (TL 38,462), Intangible Assets (TL 4,967) in assets and General Reserves (TL 27,339), Derivative Financial Instruments
Foreign Currency Expense Accruals (TL 310,469) and Shareholders’ Equity (TL 85,108) in liabilities are not taken into consideration in the currency risk measurement.
(2)
Includes factoring receivables and foreign currency indexed loans, which are followed under TL account. Of the total amount of TL 6,191,780 of the aforementioned
loans; TL 3,159,689 is USD indexed, TL 2,986,808 is EUR indexed, TL 7,555 is CHF indexed, TL 6,174 is GBP indexed, TL 31,541 is JPY indexed and TL 16 is CAD indexed.
The balances include factoring receivables.
(3)
The item includes TL 3,235,823 precious metals deposit accounts.
(4)
Includesforeign currency indexed loans, which are followed under TL account. The total amount of TL 52,324 is indexed.
(5)
Secondary subordinated issued bonds having credit quality, which are classified on the balance sheet under the subordinated loans, are also included.
(6)
The borrower funds are presented in the “Other Liabilities” according to their type of currency.
(7)
The derivative transactions are taken into consideration within the context of the forward foreign currency trading definitions in the above mentioned Regulation
