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İş Bankası
Annual Report 2013
Financial Information and Risk Management
TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements
for the Year Ended 31 December 2013
h.
Information on profit/loss before taxes including profit/loss from continuing and discontinued operations:
The Group’s profit before tax is generated from its continuing operations. The profit before tax consists of net interest income of
TL 7,681,894, net fee and commission income of TL 1,468,946 and the other operation expenses amount to TL 8,328,239.
i.
Information on Provision for taxes including taxes from continuing and discontinued operations:
As of 31 December 2013 the amount of the Group’s tax provision is TL 823,022 and the amount consists of current tax expense that
is amounting to TL 472,907 and consists of deferred tax income amounting TL 350,115.
j.
Information on net operating profit/loss after taxes including net profit/loss from continuing and discontinued operations:
The Group’s net profit generated from its continuing operations amounts to TL 3,606,859.
k.
Information on net period profit/loss:
k.1. Income and expense resulting from ordinary banking activities: There is no specific issue required to be disclosed for the
Group’s performance for the period between 1 January 2013 - 31 December 2013.
k.2. Effects of changes in accounting estimates on the current and future periods’ profit/loss: There is no issue to be disclosed.
k.3. “The Other” itemwhich is located at the bottom “received fees and commissions” in the income statement consist of various
fees and commissions received from transactions such as credit card transactions, capital market transactions and insurance-
reinsurance transactions.
k.4. Other items do not exceed 10% of the total amount of the income statement.
l.
Net profit/loss of non-controlling Interest:
Current Period
Prior Period
Net Profit/Loss of Non-controlling Interest
370,938
302,712