271
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
k.
Explanations on derivative financial assets held for risk management:
The Group has no derivative financial assets held for risk management.
l.
Information on Tangible Assets (Net):
Current Period
Real Estates
Construction
in Progress
Vehicles
Other Tangible
Assets
Total
Acquisition Cost
Balance at the Beginning of the Period
3,723,624
68,553
19,737
1,636,878 5,448,792
Movements in the Period
Acquisitions
(1)
160,996
63,435
4,183
242,823 471,437
Disposals
(221,734)
(1,004)
(2,210)
(28,256)
(253,204)
Impairment
(2)
45,609
45,609
Transfers
(46,287)
(6,766)
(53,053)
Foreign Currency Difference
14,450
7
187
7,410 22,054
Balance at the End of the Current Period
3,676,658 124,225
21,897
1,858,855 5,681,635
Accumulated Depreciation
Balance at the Beginning of the Period
(2,243,068)
(14,940)
(1,051,000) (3,309,008)
Movements in the Period
Depreciation Charge
(51,420)
(2,316)
(171,235)
(224,971)
Disposals
77,282
2,136
16,587
96,005
Impairment
Transfers
(1,062)
(1,062)
Foreign Currency Difference
(3,454)
(102)
(4,715)
(8,271)
Balance at the End of the Current Period
(2,221,722)
(15,222)
(1,210,363) (3,447,307)
Net Book Value at the End of the Prior Period
1,479,637
68,553
4,797
586,797 2,139,784
Net Book Value at the End of the Current Period
1,454,936 124,225
6,675
648,492 2,234,328
(1)
As at the balance sheet date, the Bank’s book value of tangible assets acquired through financial leasing TL 807, and there is no entry in the current period. Book value
of tangible assets which is obtained in return of receivables during the year is TL 170,471.
(2)
They are the impairment releases related to the real estates, whose fair values have increased due to their renewed appraisals.
