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TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Unconsolidated Financial Statements for the Year Ended
31 December 2014
FINANCIAL INFORMATION AND
RISK MANAGEMENT
107
İŞBANK
ANNUAL REPORT 2014
Prior Period
SUPPLEMENTARY CAPITAL
General Loan Loss Provision
1,972,588
45% of Revaluation Surplus on Movables
45% of Revaluation Surplus on Immovable
Bonus Shares of Associates, Subsidiaries and Jointly-Controlled Entities (Joint Ventures) not recognized in Current Period’s Profit
26,692
Primary Subordinated Debt Excluding the Portion included in the Core Capital
Secondary Subordinated Debt
2,957,500
45% of Marketable Securities and Investment Securities Value Increase Fund
(1)
545,459
Inflation Adjustment to paid-in capital, profit reserves and previous years losses(except adjustment to legal, status and extraordinary reserves)
Total Supplementary Capital
5,502,239
CAPITAL
27,767,130
DEDUCTIONS FROM THE CAPITAL
77,324
Partnership share on banks and financial institutions (domestic and abroad) that are not consolidated, with a shareholding of 10% and above
The sum of partnership share on banks and financial institutions (domestic and abroad), with shareholding of less than 10%, but exceeding 10% and more of the sum
of core and supplementary capital of the Bank
Loans extended to banks, financial institutions (domestic and abroad) and qualified shareholders, like secondary subordinated loan and debt instruments purchased
from these institutions issued, like primary and secondary subordinated loan
Loans extended being noncompliant with articles 50 and 51 of the Law
2,586
Net book values of properties owned, exceeding 50% of Banks’ equity and properties, and trade goods overtaken in exchange for loans and receivables that should
be disposed within five years in accordance with article 57 of the Law, but not yet disposed
54,196
Securitization positions deducted from equity
Others
(2)
20,542
TOTAL SHAREHOLDERS’ EQUITY
27,689,806
(1)
According to the related regulation, if the items subject to the Marketable Securities Value Increase Fund have a negative balance; total amount, and if positive 45% of the balance is taken into consideration in
supplementary capital calculation.
(2)
It includes the deductions from the capital in accordance with the decision of the Banking Regulation and Supervision Agency dated 16 December 2010 and numbered 3980, published on the Official Gazette dated
18 December 2010 and numbered 27789.
Information on the provisional application elements in the calculation of equity:
Amountrecognized
inregulatorycapital
Total
Directly issued qualifying Additional Tier 1 instruments (approved by the regulators) plus related stock surplus (Issued or Obtained before 01.01.2014)
3,239,600 3,239,600
Details on Subordinated Liabilities:
Issuer
Türkiye İşBankasıA.Ş.
Türkiye İşBankasıA.Ş.
Unique identifier (ex CUSIP, ISIN or Bloomberg identifier for private placement)
US900151AB70 - XS0847042024
US900151AF84 - XS1003016018
Governing law(s) of the instrument
With the exception of certain substances will be
subject to Turkish law is subject to English law. The
BRSA dated 1 November 2006 and published in
Official Gazette No. 26333 on the Equity of the Bank
were issued under the Regulation.
With the exception of certain substances will be
subject to Turkish law is subject to English law. The
BRSA dated 1 November 2006 and published in
Official Gazette No. 26333 on the Equity of the Bank
were issued under the Regulation.
Regulatorytreatment
Transitional Basel III rules
Yes
Yes
Eligible at unconsolidated / consolidated
Unconsolidated -Consolidated
Unconsolidated -Consolidated
Instrument type (types to be specified by each jurisdiction)
Bond
Bond
Amount recognized in regulatory capital (Currency inmil, as of most recent
reporting date)
2,314
926
Par value of instrument
2,314
926
Accounting classification
Subordinated Liabilities
Subordinated Liabilities
Original date of issuance
24.10.2012
10.12.2013
Perpetual or dated
Dated
Dated
Original maturity date
10 Years
10 Years
Issuer call subject to prior supervisory approval
Yes
Yes
Optional call date, contingent call dates and redemption amount
The Bank; (1) provided that subject to having obtained
the prior approval of the BRSA and the datewhichmay
not be earlier than fifth anniversary of the Issue Date
a) can purchase b) can redeemall bonds if any taxes
imposed or levied (2) can redeemall bonds in case of
the deduction fromequity.
The Bank; (1) provided that subject to having obtained
the prior approval of the BRSA and the datewhichmay
not be earlier than fifth anniversary of the Issue Date
a) can purchase b) can redeemall bonds if any taxes
imposed or levied (2) can redeemall bonds in case of
the deduction fromequity.
Subsequent call dates, if applicable
None
None
Coupons/dividends
Fixed or floating dividend/coupon
Fixed
Fixed