Financial Information and Risk
Management
303
İş Bankası
Annual Report 2013
Financial Highlights and Key Ratios for the Five-Year Period
CONSOLIDATED
ASSETS (TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Cash and Equivalents
893,430 1,262,764 1,260,374 1,779,460 2,257,090
Banks and Receivables from Interbank Money Markets
(1)
18,348,043 13,719,134 17,545,722 18,965,235 26,479,037
Securities (Net)
45,078,276 51,814,331 48,720,930 44,782,722 43,651,041
Loans
(2)
52,760,440 69,409,124 99,432,775 115,733,719 146,136,030
Associates and Subsidiaries (Net)
2,996,044 3,541,421 3,979,038 4,398,434 4,174,551
Receivables from Finance Lease (Net)
931,016
963,265 1,376,390 1,384,455 2,034,122
Fixed Assets (Net)
2,925,103 3,352,137 3,384,754 3,511,410 3,938,176
Other Assets
4,984,124 6,748,560 8,235,847 10,519,304 12,949,093
Total Assets
128,916,476 150,810,736 183,935,830 201,074,739 241,619,140
LIABILITIES (TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Deposits
72,054,972 88,476,619 98,831,996 106,010,860 121,837,798
Funds Borrowed and Interbank Money Market Placements
(3)
28,346,924 27,526,352 45,121,027 44,483,302 65,397,271
Provisions
7,112,309 7,560,506 8,713,868 10,260,057 10,918,968
Other Liabilities
6,096,346 8,260,604 10,958,370 15,461,765 17,570,477
Shareholders’ Equity
15,305,925 18,986,655 20,310,569 24,858,755 25,894,626
Total Liabilities
128,916,476 150,810,736 183,935,830 201,074,739 241,619,140
INCOME STATEMENT
(4)
(TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Interest Income
11,370,516 10,850,750 12,081,352 14,676,856 14,853,908
Interest Expenses
5,630,372 5,440,180 6,664,356 7,834,591
7,172,014
Net Interest Income
5,740,144 5,410,570 5,416,996 6,842,265 7,681,894
Net Trading Income
557,041
292,912
446,913
871,070
378,591
Net Fees and Commissions Income
976,898
997,891
1,102,726 1,258,319 1,468,946
Dividend Income
166,338
45,785
171,477
205,032
238,057
Other Operating Income
3,503,912 4,031,367 4,070,527 4,571,878 4,625,333
Total Operating Income
10,944,333 10,778,525 11,208,639 13,748,564 14,392,821
Operating Expenses
5,213,259 5,671,987 6,615,795 7,783,373 8,308,239
NET OPERATING PROFIT/LOSS
5,731,074 5,106,538 4,592,844 5,965,191 6,084,582
Provision for Losses on Loans and Other Receivables
2,363,565 1,185,911 1,494,935 1,291,545 1,654,701
PROFIT/(LOSS) BEFORE TAXES
3,367,509 3,920,627 3,097,909 4,673,646 4,429,881
Provision for Taxes
615,205
688,933
708,541
958,912
823,022
NET PERIOD PROFIT /(LOSS)
2,752,304 3,231,694 2,389,368 3,714,734 3,606,859
KEY RATIOS (%)
2009/12
2010/12
2011/12
2012/12
2013/12
Interest Earning Assets
(5)
/ Total Assets
90.6
89.7
90.5
89.7
90.1
Interest Earning Assets
(5)
/ Interest Bearing Liabilities
116.4
116.7
115.7
119.8
116.3
Securities / Total Assets
35.0
34.4
26.5
22.3
18.1
Loans / Total Assets
40.9
46.0
54.1
57.6
60.5
Loans / Deposits
73.2
78.1
100.2
108.2
119.2
Retail Loans / Total Loans
28.8
28.7
25.9
26.8
26.7
NPL Ratio
5.1
3.4
2.1
1.8
1.7
Coverage Ratio
100.0
100.0
100.0
76.8
77.9
Demand Deposits / Total Deposits
15.9
16.6
19.3
20.1
21.5
Shareholders’ Equity / Total Liabilities
11.9
12.6
11.0
12.4
10.7
Capital Adequacy Standard Ratio
18.1
17.6
14.1
16.3
14.3
Return on Average Assets
(6)
2.3
2.3
1.4
1.9
1.6
Return on Average Equity
(6)
20.3
19.3
12.1
16.7
14.3
Cost / Income
(7)
35.3
42.0
48.4
47.1
49.1
OTHER INFORMATION (TL thousand)
2009/12
2010/12
2011/12
2012/12
2013/12
Regulatory Capital
15,632,586 19,350,844 21,187,094 27,325,571 30,567,360
Core Capital
15,127,364 17,982,133 19,841,319 22,715,413 25,607,957
Free Capital
(8)
9,750,739 12,160,810 13,021,182 16,535,929 17,332,191
Demand Deposits
11,432,282 14,688,893 19,054,431 21,346,638 26,161,926
(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)
Operating Income/ Expenses are adjusted for the Insurance Technical Income/Expense
(8)
Free Equity = Shareholders’ Equity - (Fixed Assets+Non-Financial Associates and Subsidiaries+Receivables Under Follow-Up-Specific Provisions)
