275
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
The movement of deferred tax asset is as follows:
Current Period
Prior Period
Balance at the Beginning of the Period
696,703
631,694
Deferred Tax Benefit/(Charge) (Net)
(350,115)
304,553
Deferred Tax Recognized under Equity
316,605
(239,600)
Foreign Currency Difference
751
56
Deferred Tax Asset
(1)
663,944
696,703
(1)
In the current period consolidated financial statements, deferred tax asset amounts to TL 663,543 and the deferred tax liability amounts to TL 2,599; the movement
table states the net balance. Explanations on deferred tax liability are given in Section Five Note II i.2.
p.
Information on assets held for sale and discontinued operations:
Current Period
Prior Period
Net Book Value at the Beginning of the Period
73,295
60,256
Additions
4,110
1,089
Transfers (Net)
56,403
79,017
Disposals (-) (Net)
(64,018)
(65,753)
Impairment Losses (-)
Depreciation
(1,141)
(1,314)
Net Book Value at the End of the Period
68,649
73,295
The Group has no discontinued operations. The assets classified as “Assets Held for Sale” of the Group consist of real estates. Those
real estates of the Parent Bank subject to sale are announced on the Parent Bank’s web site. Announcements about the real estate’s
subject to sale are also made by means of newspaper advertisements and similar media.
r.
Information on Other Assets of the Group:
The “other assets” item does not exceed 10% of total assets.
