Financial Information and Risk Management
302
İş Bankası
Annual Report 2013
Financial Highlights and Key Ratios for the Five-Year Period
UNCONSOLIDATED
ASSETS (TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Cash and Equivalents
884,514 1,253,650 1,231,464 1,756,595 2,219,817
Banks and Receivables from Interbank Money Markets
(1)
16,308,023 10,454,093 14,802,918 15,634,097 22,335,328
Securities (Net)
39,289,717 45,436,557 42,778,027 38,054,734 36,866,263
Loans
(2)
48,334,786 64,231,678 91,620,638 106,715,770 134,843,374
Associates and Subsidiaries (Net)
5,031,079 6,264,039 6,275,017 7,699,954 7,760,771
Fixed Assets (Net)
1,922,019 1,918,459 1,983,314 1,998,785 2,090,204
Other Assets
1,453,166 2,238,018 2,977,126 3,584,515 4,384,280
Total Assets
113,223,304 131,796,494 161,668,504 175,444,450 210,500,037
LIABILITIES (TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Deposits
72,177,063 88,260,157 98,313,134 105,383,434 120,974,765
Funds Borrowed and Interbank Money Market Placements
(3)
20,727,737 18,201,332 34,390,699 30,630,769 46,933,598
Provisions
3,493,802 3,631,589 4,204,926 5,380,105 5,862,456
Other Liabilities
3,341,174 4,689,612 6,838,381 11,331,097 13,170,101
Shareholders’ Equity
13,493,528 17,013,804 17,921,364 22,719,045 23,563,117
Total Liabilities
113,233,304 131,796,494 161,668,504 175,444,450 210,504,037
INCOME STATEMENT
(4)
(TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Interest Income
10,200,437 9,797,839 10,898,384 13,390,415 13,460,682
Interest Expenses
5,332,949 5,215,964 6,336,584 7,462,498 6,805,252
Net Interest Income
4,867,488 4,581,875 4,561,800 5,927,917 6,655,430
Net Trading Income
408,373
134,630
306,073
590,390
223,266
Net Fees and Commissions Income
1,252,604 1,236,425 1,428,583 1,706,227 1,919,086
Dividend Income
325,037
369,210
555,702
417,703
450,312
Other Operating Income
1,073,275 1,569,284 1,311,114 1,172,144 1,038,142
Total Operating Income
7,926,777 7,891,424 8,163,272 9,814,381 10,286,236
Operating Expenses
2,694,687 3,203,123 3,481,199 4,484,306 4,962,519
NET OPERATING PROFIT/LOSS
5,232,090 4,688,301 4,682,073 5,330,075 5,323,717
Provision for Losses on Loans and Other Receivables
2,286,474 1,135,449 1,383,793 1,209,122 1,467,018
PROFIT/(LOSS) BEFORE TAXES
2,945,616 3,552,852 3,298,280 4,120,953 3,856,699
Provision for Taxes
573,209
570,642
630,793
810,646
693,334
NET PERIOD PROFIT /(LOSS)
2,372,407 2,982,210 2,667,487 3,310,307 3,163,365
KEY RATIOS (%)
2009/12
2010/12
2011/12
2012/12
2013/12
Interest Earning Assets
(5)
/ Total Assets
91.7
91.1
92.2
91.4
92.1
Interest Earning Assets
(5)
/ Interest Bearing Liabilities
111.8
112.8
112.4
116.4
113.5
Securities / Total Assets
34.7
34.5
26.5
21.7
17.5
Loans / Total Assets
42.7
48.7
56.7
60.8
64.1
Loans / Deposits
67.0
72.8
93.2
101.3
111.5
Retail Loans / Total Loans
31.2
30.6
27.8
28.6
28.5
NPL Ratio
5.4
3.6
2.1
1.9
1.6
Coverage Ratio
100.0
100.0
100.0
78.9
80.4
Demand Deposits / Total Deposits
15.6
16.4
18.9
19.9
21.2
Shareholders’ Equity / Total Liabilities
11.9
12.9
11.1
12.9
11.2
Capital Adequacy Standard Ratio
18.3
17.5
14.1
16.3
14.4
Return on Average Assets
(6)
2.3
2.4
1.8
2.0
1.6
Return on Average Equity
(6)
21.0
19.9
15.2
16.5
13.7
Cost / Income
34.0
40.6
42.6
45.7
48.2
OTHER INFORMATION (TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Regulatory Capital
13,963,036 16,995,505 18,631,132 24,739,690 27,689,806
Core Capital
12,932,571 15,178,349 17,182,647 19,765,885 22,264,891
Free Capital
(7)
8,972,745 11,711,967 12,117,791 16,099,351 17,070,498
Demand Deposits
11,258,761 14,468,760 18,626,781 20,946,735 25,623,095
(1)
Includes Deposits at the Central Bank and Reserve Requirements
(2)
Excludes Receivables under Follow-up
(3)
Includes TRY, FC bond issuances and subordinated debts
(4)
Fees and Commissions Received from Cash Loans are shown under Interest Income; Fees and Commissions Paid to Cash Loans are shown under Interest Expense.
(5)
Interest Earning Assets include TRY and FC reserves at Central Bank, which are currently paid 0% interest.
(6)
Averages are calculated over quarter figures.
(7)
Free Equity = Shareholders’ Equity - (Fixed Assets+Non-Financial Associates and Subsidiaries+Receivables Under Follow-Up-Specific Provisions)
